Crypto News
Northern Trust to Provide Custody, Cash Management Services for Stablecoin Issuer Haycen
TradFi giant Northern Trust (NTRS) will provide custody and cash management services for trade finance focused stablecoin issuer Haycen, the company said in a press release Thursday.Northern Trust Asset Servicing will be responsible for providing Haycen with global custody services for its client fiat deposits, and Northern Trust Asset Management will provide cash sweep services, the company said.Stablecoins are cryptocurrencies whose value is tied to another asset, such as the U.S. dollar or gold. They play a major role in cryptocurrency markets and are also used to transfer money internationally.Haycen is a trade finance digital payments provider, with operations in the U.K. and Europe. The company offers wholesale stablecoin-based solutions for non-bank lenders in global trade.Trade finance is a vital...
Bitlayer Integrates BitVM Bridge With Xverse Wallet to Advance Bitcoin DeFi
Bitlayer has announced the integration of the BitVM Bridge with Xverse Wallet, a bitcoin wallet that supports customizable Bitcoin testnet configurations. This collaboration allows users to access the trust-minimized BitVM Bridge seamlessly through the Xverse Wallet, enhancing the adoption of BitVM technology in the Bitcoin decentralized finance (DeFi) space. As a member of the BitVMSource link
Dogecoin Gains, XRP Slumps as Trump Warns of ‘Far Larger’ Tariffs
Risk assets such as bitcoin (BTC), xrp (XRP), solana (SOL) are back in focus as President Donald Trump warned of even more reciprocal tariffs if other countries collude to do "economic harm" to the U.S."If the European Union works with Canada in order to do economic harm to the USA," he wrote in a Truth Social post in early Asian hours Thursday, "large scale Tariffs, far larger than currently planned, will be placed on them both in order to protect the best friend that each of those two countries has ever had!""Liberation day in America is coming, soon," Trump wrote in a separate post. "For years we have been ripped off by virtually every country in the world, both friend...
Trump Suggests Bigger Tariffs on EU, Canada ‘If They Work To Harm U.S.’
President Donald Trump has threatened bigger import tariffs against the European Union (EU) and Canada if they worked together "to do economic harm" to the U.S."If the European Union works with Canada in order to do economic harm to the USA, large scale Tariffs, far larger than currently planned, will be placed on them both in order to protect the best friend that each of those two countries has ever had!” Trump said in a late Wednesday night post on Truth Social.Financial markets, however, remain steady in the wake of the new threat, with BTC in stasis below $88,000. Germany's DAX futures fell 0.3% while their Wall Street counterparts traded flat to positive.The resilience in the market likely stems from Federal...
French Bitcoin Treasury Leader Snaps up 580 BTC, Delivers Record 709.8% Yield
The Blockchain Group snapped up 580 BTC for €47.3 million, boasting a 709.8% BTC Yield YTD as it cements its role as Europe’s Bitcoin treasury leader. French Blockchain Giant Doubles Down on Bitcoin, Unlocks 709.8% Yield The Blockchain Group, based in Puteaux, France, and listed on Euronext Growth Paris, announced March 26 that it acquiredSource link