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Ripple Applies for Custody and Wallet Trademark, Expanding Crypto Custody Business

11 hours ago

On March 18th, Ripple Labs submitted a trademark application for "Ripple Custody." As per the application documents, this trademark encompasses financial services such as the storage and management of cryptographic assets to fulfill financial management requirements. This trademark application comes shortly after Ripple launched custody services in October 2024, indicating that the company is aiming to expand its revenue sources beyond payment settlement. Furthermore, the trademark application also mentions "downloadable cryptocurrency, fiat currency, virtual currency, and digital currency custody, transfer, and storage software," which may imply that Ripple is contemplating launching an official cryptocurrency wallet. Currently, the company has not offered official wallet services. However, if launched, this product may support XRP and other digital assets, creating a new revenue stream through transaction fees. A spokesperson for Ripple declined to comment on the trademark application.
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Four.Meme: Investigation Underway Following Platform Breach, Affected Users to Be Compensated

March 18th. Four.Meme posted on social media and said, "The platform is facing an attack. The token issuance function has been temporarily suspended, and an emergency security investigation is in progress. We will compensate the affected users. They can submit a form to provide details of their losses. The impact of this incident is limited, and all other tokens are safe. The team is working hard to deal with the problem and ensure the security of the system."

3 minutes ago

BMT Surpasses $0.22, Hits All-Time High

On March 18th, based on GMGN market data, BMT has surpassed $0.22 and is currently trading at $0.224, reaching a new all-time high with a 24-hour increase of 96%.

3 minutes ago

Cumberland has received in-principle approval for a Major Payment Institution License from the Monetary Authority of Singapore (MAS).

On Monday, Cumberland SG, the Asian subsidiary of the U.S.-based cryptocurrency exchange company Cumberland, announced that it has received in-principle approval for a Major Payment Institution License from the Monetary Authority of Singapore (MAS). Cumberland stated that once the MPI license is fully granted, it will be able to provide regulated digital payment token services in Singapore.

3 minutes ago

a16z Founder: ElizaOS v2 1.0.0 Beta Released

On March 18, a16z co-founder Shaw tweeted that the ElizaOS v2 1.0.0 Beta has been made available. Previously, Shaw stated that the ElizaOS v2 1.0.0 version is in the process of development and will soon be released for beta testing. There remains a significant amount of work to be completed before the final release, and the new version will include an app.exe, enabling anyone to run the agent without the need for any cumbersome programs.

3 minutes ago

BSC Ecosystem DEX has reached a 24-hour trading volume of $2.544 billion, ranking first

On March 18th, according to the data from DeFiLlama, the DEX in the BSC ecosystem achieved a 24-hour trading volume of $25.44 billion, surpassing Ethereum's $13.48 billion and taking the lead. Moreover, PancakeSwap, the major DEX in the BSC ecosystem, also became the DEX protocol with the highest trading volume in the past 24 hours, with a volume of $16.39 billion.

3 minutes ago

World Network has partnered with Razer, and Razer ID will be verified by World ID.

On March 18th, World Network announced a partnership with Razer. Under this partnership, Razer ID will be verified by World ID, which is a human identity authentication technology designed to enhance game security and ensure a player-centric gaming experience.

3 minutes ago

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