Followed by IoTeX, Ethereum Name Service is the second biggest gainer today on Crypto.com, rising over 44% in the past 24 hours. Recently hitting a market cap of $1 billion, and with a 24 hour trading volume of over $1.4 billion, traders are excited about ENS. Let’s take a closer look at what Ethereum Name Service actually is, and why ENS price is rising so much. What Is Ethereum Name Service? As the name suggests, Ethereum Name Service allows you to rent a Web 3.0 username. Similar to a domain name, you can rent a name on the Ethereum network
The post Major Exchanges Rush to List Ethereum Name Service, ENS Price Doubles appeared first on The Merkle News.
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The Ethereum Name Service (ENS), the entity that controls the decentralized domains built on top of Ethereum, announced it would pivot to a decentralized governance model, opening the door to the formation of a DAO (decentralized autonomous organization). The ENS is now calling for delegates to propose their views to the community in order to […]
A variety of well-known brand names have joined the cryptocurrency space and the budding non-fungible token (NFT) ecosystem. Now the Anheuser-Busch brand Budweiser has jumped into the NFT game by purchasing an NFT on Opensea for 8 ether ($25.7K). Moreover, Budweiser also owns the domain name “beer.eth” after the firm purchased the name for 30 […]
