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.

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.

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.

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

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.

With the BTC price hovering close to its $59,000 mark, the crypto market has displayed stability in the buying and selling pressure. This indicates a high possibility of a bullish rebound in the coming time.

With the price of the Ethereum token reclaiming the $2,700 mark, top Ethereum chain altcoins have successfully regained momentum and recorded a massive uptrend in their respective portfolios this week.

ENS domains are now available on Linea, marking the first native ENS integration on a Layer 2 blockchain.

Even though the crypto market has been quite unstable, Ethereum Name Service (ENS) has been showing a lot of growth potential. ENS has shown it can bounce back with an almost 4% rise in the last week.

Bitwise becomes the first U.S. spot Ethereum exchange-traded fund to publish its addresses and set ENS subnames for each.

Exchange-Traded Product (ETP) to publicly share its Ethereum addresses and establish Ethereum Name Service (ENS) subnames for each address. This move underscores Bitwise's commitment to on-chain transparency and sets a new standard for the industry.

The much-awaited launch of the spot Ethereum ETF is just a few moments away from now. While the broader market condition is pretty shaky due to the Mt. Gox fear, Ethereum & ETH-based tokens have been displaying significant strength.

A few weeks ago, Ethereum Name Service (ENS) price inched closer to $35. But since the beginning of July, the value has struggled to attain such heights.

Ethereum Name Service has surged 7.6% over the past day, making it the top gainer among the largest 100 crypto assets amid a general downturn in the global crypto market.

The first-ever Ethereum (CRYPTO: ETH) spot ETFs have been greenlighted by the SEC and are set to begin trading tomorrow morning. Interestingly, two relatively lesser-known Ethereum-branded coins seem to have outperformed the marquee asset in 24-hour gains.

Despite impressive advancements in the Ethereum Name Service (ENS) network, its price has not reflected this progress. In this article, we will explore why the ENS token's price is falling short of its potential, despite the network's growth and adoption.

As of July 9, 2024, the Ethereum Name Service (ENS) token is trading at $27.32, reflecting a notable 9.84% increase over the past 24 hours. The 24-hour trading volume stands at approximately $427,456,830, and the market cap is around $863,272,237.

The Ethereum Name Service (ENS) price decreased by 3.4% in the last 24 hours to trade at $26.11 during European business hours on Thursday. The price drop negates the substantial growth ENS is experiencing in network adoption and integration.

The Ethereum Name Service (ENS) is a distributed, open, and extensible naming system based on the Ethereum blockchain.ENSs job is to map human-readable names to machine-readable identifiers such as Ethereum addresses, other cryptocurrency addresses, content hashes, and metadata. ENSUSD showed a massive jump in the past two weeks.

In addition to the token listing, users will also be able to purchase ENS names such as “bob.eth” and map them to identifiers like addresses, content hashes, and metadata.

Ethereum Name Service (ENS) has experienced a significant boost, surging over 12% following a major announcement by Upbit, South Korea's largest cryptocurrency exchange. The news of ENS being added to Upbit's Korean won trading market has sparked considerable interest in the token.

Bitcoin faced intense selling pressure and volatility on Monday, dropping to a low of $54,337 and reaching a high of $58,284 before settling at $56,764. The price has recovered over the past couple of sessions and is currently trading above $57,000.