ChainCatcher news, according to Whale Alert monitoring, Ripple locked 770 million XRP in a custody wallet early in the morning, worth approximately 1.486 billion dollars.Previously, Ripple stated that it would use a custody account system to provide transparency and certainty for the XRP market. The company locked a majority of its XRP holdings to ensure that it does not flood the market and manipulate prices.

ChainCatcher news, according to official Catizen news, the option to deposit CATI tokens into on-chain non-custodial wallets is now available.

ChainCatcher news, Catizen announced on platform X that the deposit registration for CATI tokens to the on-chain non-custodial wallets is expected to open today at 6 PM Beijing time. After the deposit registration, CATI tokens will be distributed to users' wallets after 6 PM Beijing time tomorrow.

ChainCatcher news, according to Coindesk, the U.S. Department of the Treasury's IRS has released a cryptocurrency trading tax system for 2025, aimed at establishing filing rules for digital asset brokers, but related rules for DeFi and non-custodial wallets have been temporarily shelved. The agency believes that mainstream crypto platforms handling the vast majority of transactions can no longer wait for rules, but other issues require further study, and corresponding rules will be formulated later this year.The newly released tax rules will take effect for trading starting in 2025 and will require brokers to closely monitor the cost basis of customer tokens beginning in 2026. The new rules for cryptocurrency brokers require trading platforms, custodial wallet services, and digital asset exchange platforms to submit disclosures regarding changes in customer assets and earnings. These assets will also include (in very limited circumstances) stablecoins, such as USDT, USDC, and high-value NFTs, although the IRS has explicitly declined to address the long-standing debate over whether tokens should be considered securities or commodities.Under the new regulations, the IRS will not require reporting for most regular stablecoin sales and has set a $600 annual threshold for NFT earnings, which must be reported only if exceeded.

ChainCatcher news, the Korean National Tax Service announced that the holding of virtual assets through non-custodial, decentralized virtual asset wallets such as cold wallets (offline wallets) will not be included in the declaration of overseas financial accounts.It is reported that the Korean National Tax Service included virtual assets in the declaration of overseas financial accounts for the first time in June 2023, requiring users with virtual assets exceeding 500 million won to report to the National Tax Service.

ChainCatcher news, according to Fortune magazine, cross-border payment giant MoneyGram announced on Tuesday that it will launch a non-custodial wallet to help users transfer funds between fiat currencies and the US dollar stablecoin USDC. MoneyGram continues to utilize the Stellar blockchain to support its wallet.MoneyGram CEO Alex Holmes stated that the company has undergone a digital transformation over the past five years to "eliminate the misconception" that it will be replaced by cashless products. He said, "We are redefining what it truly means to transfer funds between fiat currencies."Unlike many non-custodial wallets, MoneyGram's new product will have full KYC requirements and will only be compatible with other MoneyGram wallets. While this limits its functionality within the broader crypto ecosystem, it also protects MoneyGram from regulatory scrutiny.

ChainCatcher news, according to CoinDesk, the crypto custody provider Fireblocks has launched a non-custodial wallet service. Fireblocks CEO Michael Shaulov stated that this non-custodial version allows companies or enterprises to create a wallet where one key share is held by the user, while the other key share is held by Fireblocks or the service provider.

ChainCatcher news, the OKX Web3 wallet plugin now supports users importing MPC non-custodial wallets created on the APP side, covering EVM, BTC, Tron, and Cosmos public chains.It is reported that the OKX Web3 wallet APP previously launched the MPC non-custodial wallet, supporting over 40 public chains, becoming the industry's first 2/3 multi-chain non-custodial wallet. Users can easily create a wallet using their OKX account without managing complex private keys or mnemonic phrases, allowing them to easily explore the decentralized Web3 world, making it a truly decentralized self-custody wallet. In addition, the OKX MPC non-custodial wallet pioneered the emergency exit feature, allowing users to export private keys to withdraw assets in emergency scenarios through two private key shards managed entirely by themselves.

ChainCatcher News, a judge in New Jersey has ruled that BlockFi custodial wallet users can receive nearly $300 million in refunds, as the assets in the wallets belong to the customers, not to the bankrupt cryptocurrency lender BlockFi.However, the additional $375 million that customers attempted to transfer out of BlockFi's interest-bearing accounts (known as BIA) after November 10 still belongs to BlockFi. (Source link)

ChainCatcher message, Arbitrum development company Offchain Labs reminds the community that today and in the coming days, a large amount of ARB allocated to investors and the team will be transferred to custodial wallets or vesting smart contracts. All investor and team ARB will be locked, with the lock enforced by the custodian through a contract or enforced via smart contracts for those who choose to self-custody. (Source link)

ChainCatcher news, the self-custody wallet Soul Wallet has announced the completion of a $3 million seed round financing, co-founded by Jiajun Zeng, who was previously a product manager at ByteDance and Meituan.It is reported that Soul Wallet will provide a self-custody Ethereum wallet based on ERC-4337, currently undergoing internal testing, and plans to launch in Q3 or Q4. (source link)

ChainCatcher message, Uniswap announced the launch of an open-source self-custody mobile wallet beta version, which is currently only available for download via Apple TestFlight. It supports swap functions on networks such as Ethereum, Polygon, Arbitrum, and Optimism, can monitor ERC-20 tokens, wallets, and NFTs, and supports connecting to almost all dApps on the Ethereum mainnet and Layer 2 via WalletConnect. It also supports FaceID unlock and iCloud encryption.According to reports, Uniswap stated that the wallet app has been submitted to Apple for listing approval for several months. Although it meets 100% of the requirements, Apple has not yet granted approval. Therefore, it is currently only possible to issue TestFlight testing qualifications to 10,000 users. It has been revealed that users have the opportunity to obtain testing qualifications through the Uniswap booth at ETHDenver, and other qualifications will be closely monitored through Uniswap's official community and social media. (source link)

ChainCatcher news, according to Indian media Money Control, Indian cryptocurrency exchange CoinSwitch has released proof of reserves. As of January 6th, 10:30 AM Beijing time, the total asset value of its custodial wallets is approximately ₹9,339.2 million (about $112.99 million), accounting for 86.2% of all user assets under custody, with the exchange's total assets being approximately ₹1,496.2 million (about $18 million). (source link)

ChainCatcher news, self-custody wallet Braavos on StarkNet has completed a $10 million financing round, led by Pantera Capital, with participation from Brevan Howard Digital, Crypto.com, Road Capital, Matrixport, and StarkWare. Braavos co-founder Motty Lavie stated that Braavos will utilize the trusted execution environment capabilities of existing mobile devices and its biometric tools (such as facial and touch ID) to secure the wallet without the need for a mnemonic phrase. In the future, a browser extension and mobile applications for iOS and Android will be released. (The Block)

According to Chain Catcher news and reported by The Block, the non-custodial wallet Omni completed a $11 million equity financing at a $50 million valuation, with participants including Spartan Group, GSR Ventures, and Eden Block, as well as OP Crypto, Shima Capital, Kosmos Ventures, Daedalus Angels, PrimeBlock Ventures, Figment Capital, Lattice Capital, and Chorus One. This round of financing was completed in May. Omni founder Serafin Lion Engel stated that the financing agreement includes token-related provisions.It is reported that Omni was previously named Steakwallet, and the wallet has a built-in liquid staking feature, also supporting users to transfer tokens via cross-chain bridges. Omni plans to support zkSync and StarkNet in the future. (source link)