ENS attempts to revitalize dwindling interest through Coinbase

In a recent update, ENS (Ethereum Name Service) partnered with Coinbase to add human-readable cb.id domains to its platform. This partnership would allow anyone with an Ethereum wallet to mint a group of letters as an NFT to be used in place of their alphanumeric blockchain address.

Timeline of Ethereum-name-service

Ethereum Name Service (ENS) is a domain naming service designed especially for the Ethereum network and focused on Web 3.0 projects. ENS helps assign domain names to individual users' or projects' cryptocurrency wallets.

The spike in revenue generated by Ethereum Name Service [ENS] has been a positive development for the crypto community amid the ongoing bear market. According to recent data, the number of avatars on ENS continued to grow over the past month.

Despite the bear market that struck most cryptocurrencies in Q3, ENS managed to keep generating revenue. While witnessing growth in terms of its network and daily activity, the future outlook for ENS seems positive.

After months of disappointing performances in the crypto market, ENS' surge in development activity gave investors a much-needed break. Backing the resurgence, the ENS price also followed with a 9.38% rise to trade at $18.38.

ENS price outshines the market as price shows strength rallying to a high of $20. ENS tops the crypto price as it cracks over 20% gain in less than 24 hours despite the crypto bloodbath.

Cryptocurrencies often offer opportunities for so-called ‘100-baggers' (or 100x) investments. Even more so than traditional finance markets like Wall Street. Of course, these high-performing crypto assets can underlie certain volatility, but ultimately the reward ratio often outweighs the risk.

ENS price continues its bullish structure after a reclaim of the $15 region as the price stays on track to retest major resistance.   ENS trades above key support as price reclaim 8 and 20-day EMA.

Coinbase Global Inc (NASDAQ: COIN) announced Wednesday it would accept Ethereum (CRYPTO: ETH) Name Service domains to be linked to wallets on its platform. What Happened: ENS has become uber-popular among crypto users, specifically users with non-custodial wallets.

ENS, the company backing the .eth domain name, has dragged GoDaddy, a platform that provides domain names to websites, to court. According to the court filing, the lawsuit was necessary as the plaintiff felt that GoDaddy, the defendant breached an agreement that the two parties shook hands on to protect the.

ENS NFT collection has registered a massive surge to leapfrog BAYC as the most sought-after on OpenSea. According to records, it achieved this feat due to the staggering rise of 170% over the last 24 hours.