The new integration could bring Web2 and Web3 users together, which could be the key to unlocking true mainstream crypto payment adoption.

The new integration may bring Web2 and Web3 users together, which could be the key to unlocking true mainstream crypto payment adoption.

Lido's performance has been disappointing over the past year. The token has seen a substantial drop of 35% year-to-date and continues to face challenges, with a recent 24-hour decline of 3.3%.

Based on Q3 returns, investors holding the other top DeFi blue chips were in losses, but not AAVE.

Lido has been on a bearish trend. However, an analyst's latest optimistic prediction of a potential multi-month rally offers hope.

ENS domains now replace complex wallet addresses on PayPal and Venmo, making crypto transfers easier. The integration is intended to increase crypto adoption by making digital transactions more user-friendly.

Two prominent payment platforms are offering their support for Ethereum Name Service (ENS) domains. In a new thread on the social media platform X, payment giants PayPal and Venmo are now supporting the ENS domain naming service, which allows users to forgo having to use complicated crypto wallet addresses and instead adopt a representative username.

Ethereum Name Service (ENS) has announced that the payment giants Paypal and Venmo have integrated support for ENS domain names. This integration enables users to employ Paypal and Venmo to transmit crypto assets to an ENS address.

ENS Labs secures key integrations with PayPal and Venmo.

Ethereum Name Service (ENS) has integrated with PayPal and Venmo, enabling users to transfer cryptocurrency using ENS names and simplifying the transaction process for over 270 million U.S. users.

PayPal and its subsidiary, Venmo, have integrated Ethereum Name Service (ENS) into their online payment services, making cryptocurrency transfers easier.

Users will be able to use their ENS names when sending crypto through traditional payment giants.

PayPal and Venmo integrate Ethereum Name Service (ENS) into their payment platforms. The new feature on PayPal and Venmo is expected to enhance crypto adoption by mainstream users.

This new feature, available to users in the USA, simplifies and secures crypto transfers. It integrates Ethereum Name Service (ENS) domains directly into these popular payment platforms.

The integration of ENS by PayPal and Venmo could significantly enhance crypto adoption by simplifying transactions and improving user security. The post ENS token surges after PayPal, Venmo adopt Ethereum Name Service appeared first on Crypto Briefing.

PayPal and Venmo have integrated Ethereum Name Service (ENS) into their platforms, allowing users to send and receive crypto using human-readable usernames instead of complicated wallet addresses, improving transaction accuracy and ease. PayPal and Venmo Integrate ENS for Crypto Transactions A press release from ENS Labs states that the new capability makes managing wallet addresses easier and less prone to errors.

Venmo and PayPal integrated Ethereum Name Service (ENS) names on September 10, allowing over 270 million U.S. users to transfer cryptocurrency using simplified blockchain addresses.

Venmo and PayPal users can now transfer cryptocurrency using Ethereum Name Service (ENS) names, following an integration announced by ENS Labs.

US payment processors PayPal and Venmo have integrated support for Ethereum Name Service, allowing users to send cryptocurrency payments to ENS usernames. According to ENS Labs press release, the new feature streamlines the management of wallet addresses and minimizes the potential for mistakes, as stated by the companies.

The integration allows Venmo and PayPal users to transfer cryptocurrency using simple ENS names, replacing long wallet addresses.

Also, former Alameda Research CEO Caroline Ellison is set to face sentencing on Sept. 24 following fraud charges connected to FTX's collapse.

TL;DR PayPal and Venmo now allow users to send cryptocurrency payments using Ethereum Name Service (ENS) usernames. The new feature, initially available to U.S. users, simplifies wallet address management and reduces transaction errors.

ENS Labs, the firm behind the ENS protocol, has partnered with traditional payment providers PayPal and Venmo to simplify cryptocurrency transfers. The collaboration will allow users to send digital assets using Ethereum Name Service (ENS) names.

PayPal and Venmo have integrated Ethereum Name Service to allow users to send crypto payments using simple ENS usernames instead of long wallet addresses.

The feature, available initially for U.S. users, will simplify how users interact with crypto on these platforms, the companies said in a release.

Now US users of Paypal and Venmo can enter ENS names to send crypto, eliminating the need to copy and paste wallet addresses.

The news could signal a renewed interest from traditional payment platforms in cryptocurrencies and blockchain technologies.

Story Highlights The live price of Lido Dao is With a surge, Lido Dao could go as high as $5.782 by the end of 2024. LDO price with a potential surge could reach a maximum of $22.112 by 2030.

Major Crypto exchange Coinbase has revealed additional listings this week. Specifically in the past day, Coinbase announced the addition of zkSync (ZK) to its listing road map.

In this bearish market sentiment, Nansen's CEO, Alex Svanevik has made a significant move that could trigger a sharp price drop in Lido DAO (LDO). On September 6, 2024, the on-chain analytic firm Lookonchain made a post on X (previously Twitter) that the CEO had dumped 3 million LDO tokens worth $2.89 million to Coinbase.

An early investor in LidoDAO, Alex Svanevik, divested the last LDO tokens from his wallet. Other whales are transacting the token, while ETH staking is facing challenges due to lower L1 fees.

The leading crypto firm Wintermute has rolled out Lido Staked Ethereum (stETH) as collateral for OTC trading. This move marks a major milestone for the crypto market, with discussions soaring as the crypto can now be used outside of decentralized finance (DeFi).

It's not been a good few months for ETC holders and investors.

The market's hostile environment is currently hindering altcoins gaining in the short term. With the broader market down by 2%, LDO losses mounted up to 18% since last week, continuing to end this week with pain for investors in the short term.

Lido DAO (LDO) has been under the spotlight recently, not just for its role in the Ethereum staking ecosystem but also due to the significant market activities involving Wintermute, a leading market maker. The LDO token, currently priced at $1.

The global cryptocurrency market cap increased by 1.12% over the past day to $2.1 trillion as bulls attempted recoveries following the latest crash. Bitcoin (BTC) trades at $59,669 after gaining 0.80% in the past 24 hours, triggering notable recoveries in the altcoin space. Ethereum Classic (ETC) joined the ongoing broad market surges.

August has seen a market downturn, leading to price dips for many assets. Whales, aiming to capitalize on the current conditions, have started accumulating certain altcoins in anticipation of potential gains in the coming month.

Metalex and Lido Finance have rolled out a bold proposal to launch the first major cybernetic organization (BORG), setting their sights on boosting trustlessness in the crypto world. This move marks a fresh chapter in merging legal structures with autonomous technologies, further enhancing the power of decentralized autonomous organizations.

Both companies plan to integrate verifiable credentials on-chain to bridge the gap between off-chain and online identities.

Base is launching its native ENS subnames “Basenames” through a Dutch auction. The initial pricing is at 100 ETH, descending to 0.39 ETH over a 36-hour timeframe.

Bitwise Asset Management announced its acquisition of the ETC group, a cryptocurrency exchange-traded products issuer based in London. The acquisition reportedly pushes Bitwise's assets under management to over $4.5 billion.

TL;DR Simplified Wallet Addresses: Coinbase's Base network introduces “Basenames” using ENS to convert complex wallet addresses into easy-to-remember names, enhancing user interaction. Fair Dutch Auction: Basenames are available through a Dutch auction starting at 100 ETH, decreasing to 0.39 ETH over 36 hours, ensuring fair access and preventing bot monopolization.

Base is rolling out subnames based on Ethereum Name Service infrastructure.

Bitwise is elevating its ETF strategy with a new acquisition. The firm has announced plans to acquire ETC Group, a London-based digital asset issuer.

The crypto context of the acquisition of ETC Group by Bitwise

Base is introducing Basenames created through Ethereum Name Service so users can register human-readable names for their addresses.

In a strategic move to expand its presence in Europe and the broader crypto industry, asset manager and Bitcoin exchange-traded fund (ETF) issuer Bitwise Investment has sealed a deal to acquire ETC Group, a major crypto issuer headquartered in London.

Crypto isn't mentioned in Democrats' party platform before the start of the convention, Bitwise acquires crypto ETP issuer ETC Group and more from today.