Kava, the open-source non-custodial DeFi ecosystem, announced the launch of its community-controlled memecoins creation platform HARD.fun. According to Kava, the AI-powered decentralized memecoins launchpad will be the first of its kind.

ENS is like your online phonebook, giving you your own “domain” name that you can use in the world of blockchain. Now, the team behind ENS is taking things up a notch by building a new network called “Namechain.

ENS Labs, the organization behind Ethereum Name Service (ENS), has revealed a Layer-2 solution to boost the scalability of blockchain-based identities.

TL;DR ENS Labs plans to launch its own Layer 2 network called Namechain by the end of 2025. Namechain will focus on interoperability and offering cheaper access to ENS. The project is part of the ENSv2 initiative to expand ENS on Ethereum Layer 2 networks.

Ethereum Name Service (ENS), one of the most established solutions for digital identity on blockchain, is preparing for a major update. ENS Labs, the organization behind ENS, has announced the intention to launch a dedicated Layer-2 network called “Namechain”, based on zero-knowledge rollup (zk-rollups) technology.

ENS Labs, the team behind the Ethereum Name Service (ENS), is moving forward with plans to launch a dedicated layer-2 network called Namechain.

ENS Labs announced plans to launch "Namechain," a layer-2 blockchain using zero-knowledge rollups, scheduled for late 2025 release, aimed at reducing transaction costs while maintaining security for their domain naming service.

ENS Labs has introduced “Namechain,” a new Ethereum layer 2 solution designed to enhance scalability and accessibility for blockchain-based identity. The post ENS Labs Unveils ‘Namechain' Ethereum Layer 2 Solution to Scale Blockchain Identity appeared first on Cryptonews.

Ethereum's ENS work similar to web addresses that simplifies wallet addresses. For instance, Vitalik Buterin uses “Vitalik.eth” instead of a long address.

Namechain is designed to prioritize interoperability and allow users to start ENS from 'any L2 network.'

ENS Domains has announced the launch of Namechain, a purpose-built Layer 2 solution that marks a significant evolution in the Ethereum Name Service (ENS) ecosystem. This development is part of the broader ENS v2 initiative, aimed at reducing costs and enhancing performance for users.

The new Ethereum layer 2, Namechain, will make it easier to register names, update records and manage decentralized websites.

The new Ethereum layer 2, Namechain, will make it easier to register names, update records and manage decentralized websites.

Namechain, as the layer-2 blockcain is called, will use a zero-knowledge rollup for scaling and is likely to go live around the end of 2025.

The DePin IoTeX blockchain has just announced the integration with the MetaMask wallet to enhance its infrastructure.

With this launch, SafePal introduces its Mini Wallet App. This app allows Telegram's 950 million users to create their crypto-friendly bank accounts that are compliant with Swiss laws.

SafePal, a platform recognized for its secure wallets, takes a major step forward with the launch of an application integrated into Telegram, one of the most popular messaging services in the world. This launch responds to a growing demand for accessible crypto payment solutions that meet international security standards.

The crypto wallet provider, SafePal has launched a mini wallet application on Telegram.

Key Points:

SafePal's new Mini Wallet App will enable 950 million Telegram users to create individually owned and compliant crypto-friendly Swiss bank accounts, the firm said.

Will Santos FC Fan token's surge trigger-profit taking among investors?

Santos FC Fan Token nabbed substantial investor attention on Monday as SANTOS price extended intraday gains to over 100% amid a major exchange listing. Notably, with the crypto exchange giant Binance revealing listing for the token, bullish market sentiments appear to have engulfed the fan crypto.

Story Highlights The live price of the IoTeX coin is . The IOTX price could hit $0.0760 in 2024. IoTex price may reach a high of $0.356 by 2030. With the quick bullish evolution of the crypto market in 2024, the racing altcoins are signaling a trend reversal.

QNT approaches a crucial breakout, as positive metrics fuel hopes for a trend reversal.

Quant (QNT), a prominent player in the blockchain space, has been stuck in a narrow price range between $60 and $70 for several months. With increased buying and selling pressure, the crypto community is buzzing with speculation about whether the token can break out of its current pattern and push beyond the $70 resistance level.

Quant is approaching a breakout, with bullish momentum building despite increased selling pressure.

Drama unfolds as a new Ethereum memecoin battles claims it's capitalizing on the forgotten Bellscoin project that came before Dogecoin.

The cryptocurrency market continues to recover, with Bitcoin holding steady at around $69,000 and Ethereum reclaiming the $2,700 mark, investors are buzzing with excitement. Many analysts believe we are on the cusp of a significant Altcoin Season, where mid-cap and small-cap altcoins could see explosive growth.

Quant's token, QNT, is currently showing some intriguing signs that could suggest a potential price reversal. However, investors should remain cautious as the market dynamics evolve.

Quant (QNT) has recently displayed signs of bullish sentiment, but the market is still under pressure. Despite strong indications from both retail and institutional investors, the question remains: is now the right time to jump into QNT?

Quant's bullish sentiment is better now, but is there still need for caution?

Google, the giant of technology, has made an important step forward in the world of cryptocurrencies by integrating the Ethereum Name Service (ENS) into its search engine. This new feature aims to simplify access to information about cryptocurrencies, making it easier for users to search for Ethereum domains and directly view the associated balances.

Bitcoin surged to a seven-day high of $64,300, gaining 2.5% following China's announcement of economic stimulus measures. This positive sentiment came after Bitcoin briefly dipped below $60,000 last week due to market volatility and concerns over rising US CPI data. Despite these challenges, Bitcoin has bounced back strongly.

SuperVerse (SUPER) surges 11.62% as it eyes key resistance at $1.59 for a breakout.

Kadena's Annelise Osborne has been on a hiring spree as she seeks to build back momentum behind a once-hot project.

Ethereum Name Service searches now display the main wallet tied to an ENS identity. ENS names are still created, adding the newest meme themes.

The move is part of Google's blockchain support strategy, following initiatives like ETH wallet tracking and blockchain event celebrations.

QNT deposited to exchanges has increased 5x in the last 24 hours.

The fan tokens in the digital asset space achieved a trading volume of $1.2 billion followed by a massive 300% surge.

On-chain data shows the Bitcoin Active Addresses have continued to see a steep decline recently, a sign that could be bearish for BTC.

CryptoRank, a top-tier crypto research and analytics platform, presented the top gainers of Q3 2024 in eleven categories. ‘Currency' and ‘Chain' led with 55.21% and 26.83% dominance, respectively.

Quant attracted institutional players and retail traders as QNT maintained robust bullish sentiments before the post-Fed rate cut broad market rebound. Meanwhile, the altcoin trades in a seemingly break-or-make point after gaining 43% the previous month. Quant lost 2% and 1.58% in the past week and day. Meanwhile, its current price of $74.

QNT maintains bullish sentiment but needs to hold key support to trigger further gains.

IOTA could ride the real-world assets surge and decentralized finance traction to gain. Meanwhile, as cryptocurrency prices rise amid Bitcoin's surge to $66k, altcoins such as Kava (KAVA) and Enjin (ENJ) could follow suit. Bitcoin spot ETFs record $366m in net inflows US spot Bitcoin ETFs saw $365.

Arianee partners with ENS to enhance on-chain verified identity management for brands, setting a new standard in digital security and authenticity.

The Ethereum Name Service is an open and flexible naming system based on the Ethereum chain. With a primary goal of converting the human-readable address to machine-readable codes for major exchange wallets like Metamask.

Cryptocurrencies held steady on Saturday as the recent momentum among risky assets waned. Bitcoin (BTC) retreated to $63,000 from this week's high of $64,000 while the total market cap of all coins remained at $2.2 trillion.

Kadena (KDA) has experienced a dramatic surge in its price following Binance's recent announcement of a USD-margined perpetual contract. The news, which broke on September 18, led to a nearly 30% spike in KDA's value, illustrating the significant impact such developments can have on cryptocurrency markets.