According to official sources, 1inch Labs has announced that the History API has been added to the 1inch developer portal, with the aim of expanding the range of innovative Web3 tools provided for developers. The 1inch History API provides methods based on transaction tracking, which, with the help of the 1inch Traces API, can provide transaction history records for addresses on multiple blockchains. The API features a user-friendly interface, fraud protection, support for internal transactions, and a response time of less than 200 milliseconds. The 1inch History API can be integrated into various types of DeFi projects, such as wallets, DEXs, rating tools, and DApps.

1inch has proposed to exchange all $ARB tokens on Arbitrum One for USDC, and then bridge these USDC funds to the 1inch DAO treasury on the Ethereum mainnet (the 1inch DAO treasury received an airdrop of 2,575,405 $ARB tokens in April 2023).The main purpose of this proposal is to maximize value and reduce volatility asset risks by exchanging $ARB tokens for USDC stablecoin pegged to the US dollar.

Arkham, 1inch Team's wallet sold an additional $3 million worth of stETH at an average price of $2010 after removing $3 million in liquidity from Uniswap. The wallet currently holds approximately $64 million in stablecoins and $14.3 million in stETH.

According to on-chain analyst Yu Jin's monitoring, in the past half hour, the 1inch team's address chose to sell some ETH for profit: selling 4,685 stETH for 8.54 million USDC, with an average price of $1,823, realizing a profit of $900,000. Since August 28th, the 1inch team has cumulatively purchased 10,773 ETH using 15 million USDT and 2.56 million USDC, at an average price of $1,630.

The decentralized trading aggregator 1inch Network community is voting on proposal 1IP-41, which suggests exchanging 1 million USDC in the 1inch DAO for DAI. The 1 million DAI will be pledged in the MakerDAO DSR to earn interest and directly mint sDAI. By using sDAI, the 1inch DAO can hold sDAI directly in the 1inch Treasury to represent its DSR yield. The proposal currently has a support rate of 97.09%, and the vote will end on September 11th.

According to blockchain tracker Lookonchain, the investment fund associated with decentralized exchange aggregator 1inch has suddenly acquired $10 million worth of Ethereum over the weekend. The same wallet also purchased 17,000 ETH worth $26.8 million between January and March of this year. On July 5th, the wallet sold 11,000 ETH for roughly $21 million at a profit of $3.7 million. Additionally, Lookonchain notes that a wallet known as dimethyltryptamine.eth spent 27 ETH worth $45,000 to purchase 50 billion Pepe on Sunday.

The 1inch team address (tag: 1inch: Team Investment Fund Collection) purchased 6,087.7 ETH using 10 million USDT and 70,000 USDC (a total of 10.07 million USD) 5 hours ago at an average price of 1655 USD, as monitored by on-chain analyst Yu Jin.

According to chain analysts @EmberCN, Dragonfly's 50 million 1INCH have all entered (sold), including (2022/1/6) 500,000 transferred to Genesis Trading OTC; (2023/7/18) 37.5 million transferred to OKX and Coinbase; (2023/7/19) 12 million also transferred to OKX and Coinbase. OKX and Coinbase.

1INCH, the cryptocurrency powering the 1inch Network decentralized exchange liquidity aggregator, has experienced a 15% drop in the past 24 hours, making it the worst-performing cryptocurrency in the top 100 by market cap during this time. This comes as bitcoin and ether also experience a dip in value.

The native token of 1inch, a decentralized exchange aggregator, experienced a surge of over 58% in value before dropping back down on Monday, with trading volume reaching $597 million, the highest it has been since October 2021.