Metaplanet buys more bitcoin, PayPal and Venmo integrate ENS, Core Scientific eyes $30 billion valuation via AI, and more. Former Alameda Research CEO Caroline Ellison faces sentencing related to FTX's collapse. Metaplanet purchased an additional 38.4 BTC. PayPal and Venmo now allow U.S. users to send crypto using ENS names. Core Scientific could reach a $30 billion valuation due to AI data center services. Nansen acquires StakeWithUs, and Paxos expands to Arbitrum One.

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Happy Tuesday! In today's Daily, Metaplanet buys more bitcoin, PayPal and Venmo integrate ENS for crypto payments, Core Scientific eyes a $30 billion valuation via AI and more.Meanwhile, former Alameda Research CEO Caroline Ellison is set to face sentencing on Sept. 24 following fraud charges connected to FTX's collapse.Let's get started.Japanese investment firm Metaplanet announced the purchase of an additional 38.4 BTC, worth about 300 million yen ($2 million).PayPal and Venmo have integrated the Ethereum Name Service into their payment platforms, enabling U.S. users to send crypto using human-readable ENS names like alice.eth instead of more complex wallet addresses.Core Scientific CEO Adam Sullivan sees an exponential growth opportunity from its AI data center services, potentially becoming a $25 to $30 billion company in the next few years from $2.5 billion today.Blockchain analytics firm Nansen has acquired staking services provider StakeWithUs, aiming to diversify the platform into cryptocurrency investments.Paxos is set to launch on the Layer 2 network Arbitrum One, expanding its service offerings beyond Ethereum, Polygon and Solana.Never miss a beat withThe Block's daily digestof the most influential events happening across the digital asset ecosystem.

Metaplanet Buys More Bitcoin, PayPal and Venmo Integrate ENS, Core Scientific Eyes $30 Billion Valuation