Ripple launches crypto storage services for banks in bid to diversify

Key Points

Ripple said it is launching a slew of features aimed at helping banks and fintechs store digital tokens — as part of a broader push into crypto custody.
Crypto custody, a type of service that helps clients crypto assets, is a nascent business for Ripple, which has consolidated its efforts under a single brand called Ripple Custody.
Ripple is primarily known for the XRP cryptocurrency and RippleNet, a distributed interbank payment settlement platform.

Source

Finance

Fed’s Miran sees China trade tensions as a further reason for quick interest rate cuts

October 15, 2025

Key Points Fed Governor Stephen Miran said the latest impasse in trade talks between the U.S. and China poses new dangers to the economic outlook and makes the case for rate cuts even more urgent. Miran has advocated for another 1.25 percentage points in cuts on top of the quarter-point move the Federal Open Market […]

Finance

Stocks making the biggest moves midday: Bank of America, Morgan Stanley, Bunge, Progressive and more

October 15, 2025

Check out the companies making the biggest moves in midday trading: F5 — Shares of the cybersecurity firm fell more than 3% after it disclosed a nation-state actor gained access to its systems. The company said the breach hasn’t hurt its operations. Progressive — The insurer’s stock tumbled about 8% after reporting disappointing results. Progressive […]

Finance

Apple rival Honor launches AI phone tools that help users get online shopping discounts and more

October 15, 2025

Key Points With the AI upgrade, Honor expects to climb into the top three smartphone brands by market share in mainland China by the end of this year, Fei Fang, president of products at Honor Device, told CNBC in an exclusive interview. Honor’s new AI tools come as Apple has yet to release its AI […]