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.
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.
The price of JUP, the native token of Jupiter's decentralized exchange, has been volatile since its launch earlier this year. What does the future hold for this coin?
Explore top 5 promising cryptocurrencies in September that may offer potential for double return on your investment! This analysis discusses market trends, how these coins work, and their future prospects.
JUP currently trades between the lower and middle Bollinger Bands. The price sits above $0.6383 (lower band), which provides support.
Once the 78.6% retracement level is beaten, the 100% level is usually the next target.
These attacks can exploit the transaction ordering process to manipulate prices, causing traders to lose money. Fortunately, Jupiter Exchange is introducing a powerful solution to protect your swaps from such attacks.
Story Highlights The live price of the JUP token is Jupiter (JUP) price could hit a high of $2.21 by the end of the year 2024. With a potential surge, Jupiter's price may record a high of $9.75 during the year 2030.
Jupiter DEX aims to offer more insights into meme tokens, with a new intuitive liquidity metric. The project may also reward its community with an additional 230M JUP for active staking.
Jupiter Exchange reduced borrowing fees on its platform sparking positive sentiments in the market. The platform disclosed a reduction from 0.01% to 0.008% per hour of Solana (SOL), Bitcoin (BTC) and Ethereum (ETH).
Crypto exchange behemoth Binance on Friday issued an important announcement on Toncoin (TON), DOGS, Jupiter (JUP), Algorand (ALGO), Aptos (APT), Arkham (ARKM), Blur (BLUR), SuperRare (RARE), Ontology (ONT), Tensor (TNSR), and Renzo (REZ) crypto. The digital asset exchange pioneer revealed that it is listing new margin trading pairs for the mentioned tokens on its platform
Jupiter DEX aggregator offers a meme token snipping tool after integrating data from Pump.fun and Moonshot.
Discover how to double your investment portfolio by the end of the year. This article provides comprehensive details about the five crucial coins you need to secure for maximizing your financial returns within a short period.
Currently, in its Beta phase, Jupiter Lock offers a seamless, fee-free solution. It allows project teams to manage their token distributions with confidence.
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.
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.
A malicious Chrome extension called "Bull Checker" has been targeting Solana users, bypassing security checks and draining wallets, prompting warnings from Jupiter Exchange
The Jupiter exchange is warning of a malicious Chrome extension called “Bull Checker,” which it says is targeting Solana users.
Base is introducing Basenames created through Ethereum Name Service so users can register human-readable names for their addresses.
The crypto market has been trading mixed lately, but amidst the chaos, Solana has emerged as a standout performer. Over the last 18 months, Solana has consistently outpaced other blockchains, even surpassing Ethereum in several key metrics.
Ethereum co-founder Vitalik Buterin has just paid around $500 to register a new Ethereum Name Service (ENS) domain name called "dacc.eth."
Vitalik just dropped a new ENS domain, “dacc.eth,” which stands for “Defensive Accelerationism” (DACC). Unlike the “Effective Accelerationism” (EACC) that's been buzzing around Silicon Valley, DACC isn't about pushing tech forward without considering the fallout.
Jupiter Aggregator, an essential tool for managing trades on the Solana network, has seen a dramatic spike in transaction failures. Over the past 24 hours, out of a total of 10.31 million transactions processed, 8.56 million ended in failure.
Jupiter DEX is facing increasing scrutiny as users have observed a nearly 50% transaction failure rate, prompting concerns and questions about the platform's performance.