SPACE ID Launches Payment ID: A New Era for Crypto Payments

🔍 Copy-Paste Errors Be Gone

By SPACE ID
May 12, 2025, 4:30 PM
twitter
News article
Photo by SPACE ID

SPACE ID has launched Payment ID, a decentralized payment account system that simplifies crypto transactions across exchanges and wallets.​

Key features:

  • Register unique identifiers (e.​g.​, alice@binance)
  • Direct CEX deposits from web3 wallets
  • Multi-chain compatibility (EVM and non-EVM)
  • Decentralized storage on Gravity Chain
  • Privacy protection via zkEmail

The system aims to reduce copy-paste errors and phishing attacks that result in millions in lost crypto annually.​ Users can get started by registering at space.​id/payment-id and downloading the latest SPACE ID Snap version.​

Learn more: Full announcement

Sources
Read more about SPACE ID

.bnb domains reach 475K registrations with 430K unique holders

**.bnb domains hit major milestone** with **475K domains registered** and **430K unique holders**, establishing itself as one of Web3's most adopted decentralized identity layers. **Wallet support expands** beyond MetaMask, Binance Wallet, and Trust Wallet to include: - KuCoin Web3 - Burrito Global - Enkrypt - Nabox Wallet - Leap Wallet **Full explorer coverage achieved** across BNB Chain with BscScan, BscTrace, and BlockscanHQ now resolving .bnb domains for transaction tracking. **Payment ID feature** enables human-readable CEX deposit addresses like satoshi77@binance, now live in MetaMask and ready for Binance integration. **New protocol integrations** include 4everland, DappRadar, Comet Protocol, CoinStats, Bedrock DeFi, YieldNest, DeAgent AI, and FLOKI Hub. The expansion positions .bnb as a comprehensive identity layer across wallets, explorers, exchanges, and protocols on BNB Chain.

đź“– SPACE ID makes Web3 readable

**SPACE ID** is working to make Web3 more accessible and understandable for users. The universal name service network is focusing on **improving readability** across blockchain platforms and applications. This initiative aims to: - Simplify complex Web3 interactions - Bridge the gap between technical blockchain operations and user-friendly experiences - Connect people, information, and assets more intuitively The move represents part of ongoing efforts to make decentralized technologies more mainstream and approachable for everyday users.

Mitosis Ecosystem Launches .mito Domain Pre-Registration

The **Mitosis ecosystem** has opened pre-registration for **.mito domains**, offering users a unified onchain identity solution. **Key Features:** - Digital reputation that travels across platforms - Works for governance, trading, competitions, and community interactions - Replaces complex wallet addresses with readable names **What This Means:** Users can now secure personalized .mito domains (like wow.mito) instead of using lengthy wallet addresses. This creates a **portable digital identity** that works across the entire Mitosis ecosystem. **Current Status:** Pre-registration is live for eligible users at the official registration portal. This follows a broader trend of blockchain naming services, with other ecosystems like Sperax also implementing similar solutions through SpaceID Protocol.

.g Domains Hit 74,500 Registrations on High-Performance L1

**.g domains** have reached **74,500 registrations** on what's described as one of the best-performing Layer 1 blockchains. The domain service is positioning itself as a key infrastructure for **web3 identity** across blockchain networks. - Over 74,500 .g domains now registered - Built on a high-performance L1 blockchain - Focus on powering digital identity solutions - Growth trajectory suggests expansion plans The milestone represents continued adoption of blockchain-based naming services as users seek simplified ways to manage their digital identities across multiple platforms and applications.

MetaMask Users Embrace Web3 Domains

MetaMask Users Embrace Web3 Domains

Over **45,000 MetaMask users** are now sending crypto using human-readable domain names like *friend.bnb* instead of complex wallet addresses. This shift demonstrates that **Web3 domains are becoming mainstream** - users prefer simple names over long hexadecimal strings. The adoption is powered by MetaMask's Name Lookup Snaps, which support: - Multiple domain extensions (.bnb, .crypto, .eth, .nft) - Social handles from various providers - Universal name services Users can install the snap to start using friendly names for crypto transactions: [Get the snap](https://snaps.metamask.io/snap/npm/web3-name-sdk/snap/)

NFTMarketplacesSocialMetaverse