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🌙 PayPal, Venmo Integrate Ethereum Name Service

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

Author

Mike Gavela
September 10, 2024

Crypto Roundup - September 10

PayPal and Venmo have integrated Ethereum Name Service (ENS), allowing users to send and receive cryptocurrency more easily through human-readable addresses. This development reflects a growing trend of mainstream platforms adopting blockchain technology. Meanwhile, the FBI has issued a warning about North Korean social engineering attacks targeting DeFi platforms, urging users to stay vigilant. Lastly, SEC Chairman Gary Gensler is asking Congress for $2.6 billion in funding, citing an increase in enforcement actions, particularly in the cryptocurrency space, to protect investors and regulate the evolving industry.

Top Stories

  • PayPal and Venmo integrate Ethereum Name Service, allowing easier crypto transactions.

  • FBI warns against North Korean social engineering attacks, urging caution among DeFi users.

  • SEC Chair Gensler requests $2.6 billion, signaling a ramp-up in crypto regulation and enforcement.

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TOP STORIES

Paypal, Venmo integrate Ethereum Name Service for crypto payments

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

www.theblock.co/post/315188/paypal-venmo-integrates-ethereum-name-service

FBI Warns Against North Korea’s Social Engineering Attacks on DeFi - "The Defiant"

The dictatorship is connected to billions in assets stolen through its cyber-warfare groups.

thedefiant.io/news/defi/fbi-warns-against-north-korea-s-social-engineering-attacks-on-defi

History shows SEC crackdown to ramp up as Gary Gensler seeks $2.6bn more for 2025

Here's why every September sees a flurry of SEC enforcement actions amid the agency's most aggressive year.

www.dlnews.com/articles/regulation/sec-data-signals-ramp-up-as-gary-gensler-asks-for-usd26bn

OTHER HEADLINES

Former Alameda CEO Caroline Ellison set to face sentencing on Sept. 24 following FTX fallout

Former co-CEO of Alameda Caroline Ellison will face sentencing on Sept 24 in a New York courtroom years following the collapse of FTX.

www.theblock.co/post/315695/former-alameda-ceo-caroline-ellison-set-to-face-sentencing-on-sept-24-following-ftx-fallout

How Trump’s World Liberty Financial plans to raise $540m

Code test reveal plans to sell 30% of the project's WLFI token.

www.dlnews.com/articles/defi/trump-world-liberty-financial-defi-protocol-plans-token-sale

Bitcoin ETFs Are Fine Despite Suffering Their Worst String of Outflows, Says Expert

Investors during late August and early September pulled roughly $1.2 billion out of the funds over eight consecutive days, the longest streak of exits so far.

www.coindesk.com/business/2024/09/10/bitcoin-etfs-are-fine-despite-suffering-their-worst-string-of-outflows-says-expert

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