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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.

Despite the market witnessing the first altcoin ETF, the overall sentiment in the top crypto loses the early excitement. As Bitcoin drops and Ethereum loses the initial surge, the top altcoins are under pressure. However, the ENS price trend teases a potential breakout rally in the coming days.

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.