News linked to both this project and an event.
XRP Ledger developers are testing a new feature that would allow the creation of blockchain accounts with a zero initial balance, with existing accounts covering the reserve requirement for new accounts, in order to lower the funding barrier for payment applications and automated software to create wallets at scale.The proposal was submitted on October 15 as the SponsoredAccountCreate transaction proposal. Under current XRP Ledger rules, each account must hold at least 1 XRP as a reserve, meaning that creating 100,000 separate accounts would require locking up 100,000 XRP. The new proposal would have a sponsoring account cover this reserve requirement, and a broader fee-sponsorship mechanism in the future could also allow applications to pay transaction fees on behalf of users, though the network's overall reserve requirement would not be eliminated as a result.The feature is expected to lower the barrier to use for scenarios such as embedded wallets, RLUSD stablecoin payments, and automated payments by AI agents. However, the relevant code is still under review, and the sponsorship mechanism it relies on has not yet launched on mainnet. As of October 19, the mechanism had received only 11 of the 35 required validator votes, still short of the 29 votes needed for approval. (CoinDesk)
According to The Block, British insurer Aviva’s asset management firm Aviva Investors has partnered with Ripple to launch a tokenized share class for its £22 billion ($29.4 billion) Sterling Liquidity Fund on the XRP ledger. In a Monday announcement, Aviva committed £50 million ($66.7 million) to this new share class. The company currently has investments totaling over £86 million ($114.8 million) across its two tokenized money market fund products, which includes a U.S. dollar liquidity fund share class launched in July. Established in 2002, the Sterling Liquidity Fund invests in highly rated, pound-denominated short-term debt instruments, offers daily liquidity, is registered in Ireland, and qualifies as a UCITS money market fund. Under the fund's "digital twin" model, investor positions are represented on-chain, while the fund itself continues to operate off-chain. Investors must use compliant digital wallets to access the new share class. BNY Mellon holds the fund's assets, while digital asset custodian Komainu and digital infrastructure platform Licuido also support the launch.
According to a press release published on Ripple's official website, Aviva Investors and Ripple have announced the launch of a tokenized share class for a British pound (GBP) liquidity fund on the XRP Ledger (XRPL). This marks the company's second existing fund to undergo tokenization, following the launch of a tokenized share class for its US dollar liquidity fund in July 2026. The GBP liquidity fund is Aviva Investors' largest fund, with approximately £22 billion in assets under management, and is registered in Ireland as a UCITS money market fund. Aviva itself has invested £50 million (approximately $66 million) into the new share class. Combined investments across both tokenized share classes exceed £86 million (approximately $116 million), making Aviva Investors one of Europe's largest providers of tokenized money market funds. The fund utilizes a "digital twin" model, representing investor holdings on-chain while preserving the off-chain fund structure. The tokenized shares carry the same investment objectives, risk characteristics, liquidity, and regulatory protections as traditional shares. The new shares are available to eligible investors holding digital wallets, and are powered by Komainu and Licuido, with assets remaining custodied by BNY Mellon.
Odaily reports: Ripple announced that Aviva Investors, the asset management arm of UK insurance group Aviva, has launched a tokenized share class of the Aviva Investors Sterling (GBP) Liquidity Fund on the XRP Ledger. The fund, with approximately £22 billion in assets under management, is Aviva Investors' largest fund; this marks the second tokenized share class of an existing fund for the company, following the launch of a tokenized share class for its US dollar liquidity fund in July 2026. The two tokenized share classes have now attracted over $116 million in total investments, with Aviva having invested $66 million into the new share class. The fund is an Ireland-domiciled UCITS money market fund that adopts a "digital twin" model, mapping its holdings on-chain while maintaining the off-chain fund structure; the underlying assets are custodied by BNY Mellon, with Komainu and Licuido providing digital asset custody and tokenization platform support, and the offering is open to qualified investors holding digital wallets.
According to CoinDesk, the XRP Ledger’s validator support temporarily fell to 26/35, re-triggering the two-week countdown for its vulnerability fix and delaying patch activation to November. Validator support has since rebounded to 31, but due to the reset mechanism, the fix has missed its originally scheduled final activation window.
According to FX News Group, the UK digital bank Revolut’s new entity, Revolut Global Digital Assets Limited (RGDAL), has obtained a Distributed Ledger Technology (DLT) service provider license from the Gibraltar Financial Services Commission (GFSC). Revolut stated that this license will be used to support its international crypto business in key expansion markets. The company currently provides crypto services in the UK through Revolut Ltd and conducts related operations in the European Economic Area under MiCA via Revolut Digital Assets Europe Ltd.
Odaily Report: Former Mt. Gox CEO Mark Karpelès posted on X platform, criticizing that if Ledger had disclosed the relevant issues in a more timely and effective manner, rather than only publishing an inconspicuous article on Ledger Academy, losses exceeding $90 million might have been avoided. He also questioned why Ledger had not maintained sufficient vigilance regarding mass-produced advanced implant devices.In response, Ledger CEO Pascal Gauthier questioned Mark Karpelès's stance, stating that Ledger has always done its utmost to protect users. He said that related security work is extremely challenging and acknowledged Karpelès's concern about the matter, but demanded that he speak based on known facts and avoid speculation. He also remarked sarcastically: "Come on, you're no white knight, be realistic."
As reported by PR Newswire, fintech company Jack Henry (Nasdaq: JKHY) has announced an expansion of its partnership with Google Cloud, with plans to provide tokenized deposit services for banks and credit unions through the Google Cloud Universal Ledger (GCUL). Jack Henry will be the first core banking technology provider integrated into GCUL. GCUL is a fully managed distributed ledger service that enables financial institutions to tokenize and transfer funds and assets on a single real-time ledger, while also supporting programmable round-the-clock settlement. According to the announcement, this integration primarily targets community and regional financial institutions, with use cases including deposit retention, providing 24/7/365 instant payments and automated programmable workflows, and improving capital efficiency through automated clearing and multilateral netting without tying up liquidity or requiring upfront funding.
Odaily News: French hardware wallet manufacturer Ledger received multiple reports of malicious implants months before its latest security crisis occurred. Former Mt. Gox CEO Mark Karpelès stated that at least two people had contacted Ledger since December 2025 to report tampered devices, but no public warning was found to have been issued.Security researcher Joe Grand stated that on March 4, 2026, he reported a malicious implant to Ledger. The implant was found in a Nano X purchased through Lazada in Thailand in August 2025. Ledger confirmed the findings and said it would launch an internal investigation, but did not proactively alert customers.Mark Karpelès believes that the increase in the number of reports and the growing sophistication of the techniques used should prompt Ledger to take action and at least remind customers to remain cautious. Ledger declined to comment on how it handled Joe Grand's disclosure, only directing people to view its public statement on X.The Ledger security crisis became public on October 9, involving the loss of crypto assets from wallets sold by Southeast Asian authorized reseller CryptoBilis; Ledger confirmed that one affected device contained an unauthorized implant. Trezor had also previously received reports involving devices tampered with by unauthorized sellers. (Cointelegraph)
Odaily reports: SlowMist has issued a warning that a fake "Ledger firmware update" campaign is exploiting the recent Ledger supply chain incident to conduct attacks. The phishing page is highly convincing, including a fake "Genuine check" page, a device selection interface, and an "Update Now" button. SlowMist reminds users never to update Ledger devices through website links and never to enter their Recovery Phrase anywhere.
Odaily News: Crypto hardware wallet manufacturer Ledger has announced the launch of Ledger Agent Intent, available free of charge starting today to all Ledger-compatible signing devices. AI agents can monitor the market and propose portfolio optimization recommendations, and users can review and approve related operations on their Ledger devices, with private keys remaining under user control.Agent Intent will directly integrate with OpenClaw, allowing users to register OpenClaw agents on Ledger Atom devices and authorize operations, with the OpenClaw app to be pre-installed on the devices. The tool also supports the Solana Foundation's Pay.sh, where requests proposed by agents can enter a unified queue for users to sign at a time of their choosing. Ledger has partnered with Venice AI to address privacy concerns and stated that user data will not be used to train third-party models.
Odaily News: Crypto hardware wallet company Ledger will launch the Atom in mid-2027. The device supports running apps such as WhatsApp and Instagram, and can switch between smartphone functionality and a protected digital asset management mode.The Atom will feature a tamper-resistant casing, sensors, and specialized packaging, which can help prevent supply chain attacks like the recent CryptoBilis vulnerability even when the device is powered off.Ledger initially plans to sell the Atom exclusively through its official website to reduce third-party distribution risks, but will not offer trade-in services for customers affected by the vulnerability. (CoinDesk)
Bitcoin News posted on X that Mark Karpeles has launched a webpage to document reported cases of Ledger hardware implants, compiling cases he has reviewed and verified through public reports and images shared on X. The database also allows users to submit new cases to track the potential scope of the ongoing Ledger supply chain security incidents.
Ledger's security team Donjon has released an update on its investigation via the X platform, stating that in response to a German user's report of a potentially tampered device, the team has inspected devices in retail and distributor inventory across multiple locations in Germany, including the store mentioned by the user involved, and found no signs of tampering.Ledger stated that no reports of financial losses related to implanted malicious devices have been received within Europe so far. Regarding the suspicious devices displayed online, the security team has not yet obtained the physical units for testing, and has invited the device holders to send them to Ledger's security team for further analysis and public disclosure of the investigation results.
Odaily News: According to Bitcoin News monitoring, Bitcoin News released a podcast in which former Mt. Gox CEO Mark Karpelès and Foundation CEO Zach Herbert discussed the largest supply chain attack in crypto industry history. Mark Karpelès stated that he discovered the spy implant 3 weeks before the funds were stolen and contacted Ledger, but received no response. The implant had a built-in hidden cellular modem that could directly read the seed phrase on the screen and passed Ledger's own checks; even setting a passphrase could not prevent the seed phrase from being stolen. Mark Karpelès said that with $5 million, he could create an implant that would only be detectable through X-ray. The episode also discussed the hardware wallet reseller model, the Malaysian reseller behind the attack, on-chain tracking of stolen crypto assets, the spread of the attack to Europe, why Trezor was not targeted, hardware wallet security, and multi-party computation solutions. The episode timeline shows that the amount stolen from hardware wallets reached $100 million, with $86 million transferred out within 24 hours.
According to The Block, broker infrastructure company DriveWealth announced a partnership with Ripple to integrate Ripple's RLUSD stablecoin into its platform for cross-border settlement, stablecoin payments, and digital asset custody services. The collaboration will operate on the XRP Ledger, allowing clients to fund collateral accounts around the clock and supporting near-real-time conversion of stablecoins into cash. The partnership will initially launch in Europe before expanding to the United States, while both parties will also explore equity financing opportunities through Ripple Prime. This initiative further advances RLUSD's penetration into institutional financial infrastructure, with Standard Chartered Bank also announcing the launch of RLUSD custody services this week.
According to The Block, XRP treasury company Evernorth (Nasdaq: XRPN) has announced partnerships with Ripple, Kraken, Coinbase, and BitGo, with plans to launch an institutional-grade XRP deployment strategy in Q4 2026. The firm currently holds 473 million XRP, valued at approximately $648 million, and aims to boost per-share ownership through active treasury management rather than passive accumulation. Spearheaded by Hugo Jeandesboz, former co-head of investment at Coinbase Asset Management, the initiative will later expand to lending and on-chain DeFi strategies on the XRP Ledger.
Odaily News: Ripple has partnered with Privy, a wallet infrastructure company under Stripe, to bring XRP Ledger (XRPL) support to the Privy developer platform. Following the integration, developers will be able to integrate XRPL wallets into their applications without having to build wallet infrastructure themselves, enabling wallet creation and management, transaction signing, and more, with support for XRP, Ripple-issued RLUSD stablecoin, and other assets on the network.
Odaily News: According to monitoring by Bitcoin News, well-known hardware security researcher and computer engineer Joe Grand (social media account @joegrand, also known as "Kingpin") stated that in August 2025, a man in Thailand contacted him, claiming to have discovered a compromised Ledger Nano X. The man had previously purchased a cheap Ledger device online to replace the battery in his existing device. After taking the device apart, he found that it contained a smaller battery, unauthorized circuitry, extra wiring, and an antenna. After the man posted his findings on Reddit, he reportedly did not receive much attention from local police, and subsequently contacted Grand to launch an investigation. This discovery came more than a year before the Ledger supply chain attack sparked major public controversy this week; according to reports, nearly $100 million in cryptocurrency was stolen this week.
Odaily News: Crypto hardware manufacturer Ledger SAS is reviewing its consumer-facing device sales policies and processes. This follows reports that some hardware wallets were implanted with spyware, leading to the theft of approximately $90 million in cryptocurrency. Ledger Chief Technology Officer Charles Guillemet said on Tuesday that the company is also evaluating tamper-proof protections for its devices. He reminded users who suspect their devices have been tampered with to consult Ledger's published security guidelines before disassembling their hardware wallets themselves, and to send any suspicious devices to Ledger for further inspection.