November 9, 2024

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1inch launches Fusion upgrade to improve swap security and profitability

1 min read
1inch launches Fusion upgrade to improve swap security and profitability

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Security experts believe that bridge attacks will still pose a major challenge for the DeFi sector in 2023.

Speaking to Cointelegraph, Theo Gauthier, founder and CEO of Toposware, pointed out that bridges have an “inherent vulnerability” because they rely on the security of the chains it connects to.

In this regard, one of the major technologies available is zero-knowledge proofs (ZKPs), which allow data to be verified and proven as accurate without revealing further information.