PayPal and Venmo Integrate Ethereum Name Service (ENS) for Easier Crypto Payments | Cryptocurrency Trends

1. Mainstream Exchange Trends:

• Binance Futures Copy Trading to introduce DOGSUSDT USDⓈ-M futures.
• Binance Futures to launch AERGOUSDT perpetual futures with up to 75x leverage.

2. Cryptocurrency Trends:

• OpenAI to release the Strawberry AI model within the next 2 weeks.
• Polygon Labs and Fabric Cryptography unveil custom ZK chips to accelerate AggLayer development.
• Matrixport reports a 5% Bitcoin rebound as the Greed and Fear Index hits a historical low, with current market movements driven by technical factors.
• PayPal and Venmo integrate Ethereum Name Service (ENS) to simplify crypto payments.
• Pencils Protocol, a DeFi project in the Scroll ecosystem, announces its first round of airdrop plans for its native token ($DAPP).
• Fractal Bitcoin completes its bootstrap rewards distribution.
• Layer3 launches the Launchpad feature, allowing users to participate and receive rewards, including the initial project airdrop for Caldera.
• Morph partners with multi-chain super aggregator Rango to support cross-chain interactions with over 60 distinct blockchains.

3. Financing Trends:

• PIN AI, an AI infrastructure company, secures $10 million in pre-seed funding from a16z CSX and others.
• Ethereum scaling solution t1 protocol completes a $2.5 million pre-seed funding round with investment from a16z CSX and others.
• Blocksense Network, an oracle network, raises $4 million in seed funding led by Permutation, with participation from a16z CSX.
• Web3 game developer Nytro Lab raises $8 million in a funding round led by SevenX Ventures.

4. Regulatory Trends:

• The North Carolina General Assembly approves a bill to prevent the state from participating in the Federal Reserve’s Central Bank Digital Currency (CBDC) testing.
• U.S. state regulators reach a settlement with GS Partners, which will refund 100% of investor funds.
• The security token platform tZERO receives approval for digital asset custody in the United States.