Venmo and PayPal Integrate ENS for Simplified Crypto Transfers

Daily Top Performer — LayerAI (LAI)

The SPX index was up by 0.45%, supported by strong performances in the real estate, consumer discretionary, and technology sectors, while the energy and financial sectors declined. Investors were focused on the upcoming August inflation report, which could influence the Federal Reserve's decision on a potential interest rate cut next week. Coindesk Indices, an index measuring broader cryptocurrency market performance was up by 0.43%, with Bitcoin and Ether rising by 1.49% and 1.63%, respectively in the past 24 hours.

Today's top performer is LAI, which surged 18.0% following the launch of LayerAI's decentralized GPU computing for on-demand AI power.

LayerAI (LAI), founded in 2022, is a blockchain network designed for AI models and web3 services, featuring a scaling system, VPN, DEX, NFT marketplace, and data monetization app. LayerAI is launching LayerAI Compute, a decentralized GPU computing service aimed at providing on-demand AI/ML computing power. This new product, available globally and remotely, will enhance the resilience of the AI market by decentralizing GPU capacity. LayerAI Compute is set to debut in Q4 this year.

Check Out the Latest Prices, Charts, and Data of LAIUSDT Perp and LAI/USDT Spot!

Talk of the Town:

Venmo and PayPal have integrated Ethereum Name Service (ENS), allowing users to transfer cryptocurrency using simple ENS names instead of long wallet addresses. This update, announced by ENS Labs on Sept. 10, will simplify transfers for over 270 million U.S. users, reducing errors in transactions. ENS names serve as nicknames for blockchain addresses, enhancing user experience. PayPal, active in the crypto space, has also introduced its stablecoin, PYUSD, on the Solana network. ENS Labs continues expanding, recently moving to a layer-2 network and is involved in a patent dispute with Unstoppable Domains.

Check Out the Latest Prices, Charts, and Data of ENSUSDT Perp and ENS/USDT Spot!

Bitcoin Spot ETF Flows:

Yesterday, the total flow for BTC Spot ETFs is $117 million, with $0 from GBTC and $117 million from non-GBTC sources.

Check Out the Latest Prices, Charts, and Data of BTCUSDT Perp and BTC/USDT Spot!

Airdrop to Watch:

The popular Telegram game Catizen will launch its CATI token on The Open Network (TON) on September 20, with an airdrop occurring around the same time. Only players in the "Silver League" or higher, representing over 15.2 million of the 35.8 million players, are eligible for the airdrop. The top 10,505 players in the Royal League are expected to receive the largest allocations, though details haven't been shared. The CATI token will be listed on exchanges like OKX, HashKey, and KuCoin. Other games on TON, including Rocky Rabbit and Hamster Kombat, will also launch tokens soon.

Check Out the Latest Prices, Charts, and Data of CATIUSDT Perp!