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

6 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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Aptos Launches LFM Program to Assist Ecosystem Projects in Preparing for TGE

March 18th. According to official channels, Aptos has declared the commencement of the LFM program with the aim of aiding ecosystem projects in making preparations for Token Generation Events (TGEs). They will offer customized and in-depth support according to the project's readiness for TGE. The expert network encompasses aspects such as community building, exchange listings, fundraising, legal matters, security, and more.

5 minutes ago

mubarak Market Cap Surpasses $1.9 Billion, Reaching an All-Time High

On March 18th, according to GMGN market data (accessible via https://t.me/GMGN_sol_bot?start=i_m4TE56o8), the market capitalization of mubarak has exceeded 1.9 billion US dollars. It is currently reported at 1.908 billion US dollars, reaching a new all-time high, with a 24-hour increase of 130%. BlockBeats reminds users that many Meme coins have no practical use cases and experience significant price volatility. Therefore, investment should be approached with caution.

5 minutes ago

Trump and his associates made a $390 million profit from the WLFI token issuance.

On March 18th, as per Bloomberg, the cryptocurrency project championed by former U.S. President Donald Trump - World Liberty Financial - has concluded its second round of token sale, amassing a total of $550 million. WLFI has earmarked $30 million for company-related expenses and other outlays. According to the issuance document of World Liberty's initial token sale, Trump and his affiliated company DT Marks DEFI LLC will obtain 75% of the net proceeds as fees, which amounts to $390 million. Furthermore, token purchasers are currently prohibited from reselling the tokens and do not possess any entitlement to profits. The project initiated its initial token sale in mid-October of the previous year and promoted it to both U.S. and non-U.S. investors.

5 minutes ago

pump.fun deposited 196,370 SOL to Kraken, worth approximately $25.31 million

On March 18th, as monitored by Onchain Lens, 1 hour ago, pump.fun made a deposit of 196,370 SOL into Kraken. This deposit is equivalent to approximately $25.31 million.

5 minutes ago

WLFI has announced the inclusion of BTC, ETH, TRX, LINK, SUI, and ONDO in its strategic token reserve.

On March 18th, according to official channels, the cryptocurrency project WLFI backed by Trump announced the completion of a total token sale of $550 million. More than 85,000 participants have completed KYC verification. WLFI's "macro strategy" also allocated a variety of digital assets in its strategic reserve plan, such as BTC, ETH, TRX, LINK, SUI, and ONDO tokens. This "macro strategy" may be partially used to support WLFI-funded innovative projects, promote the growth of the ecosystem, and create new opportunities in the rapidly evolving DeFi space.

5 minutes ago

「Hyperliquid 50x Whale」 BTC Short Position Turns into Unrealized Loss, Estimated Liquidation Price at $85,565

On March 18th, based on hypurrscan data, the "50x Leverage Whale" previously established a 40x short position on Hyperliquid for BTC at $83,923.2 when the price of Bitcoin was $83,923.2. As Bitcoin witnessed a slight upward rebound along with leverage funding costs, the position is now in a floating loss state, and the estimated liquidation price is $85,565. Before this, a "Whale Hunting Operation" targeting the Hyperliquid 50x Leverage Whale has already commenced, and there is a possibility that Justin Sun may participate in this effort.

5 minutes ago

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