NYDIG report illustrates how stablecoin stability relies on crypto arbitrage, not a true peg, highlighting market volatility.
Blockchain News

Stablecoin Peg: NYDIG Reveals the Alarming Arbitrage Reality

Are your stablecoins truly stable? Many cryptocurrency users assume a direct, unshakeable stablecoin peg to the U.S. dollar. However, a recent analysis from Bitcoin financial services firm NYDIG challenges this fundamental assumption. This crucial report suggests that assets like USDC, USDT, and USDe are not inherently fixed at $1.00. Instead, their prices constantly fluctuate based […]

Strategic Acquisition: NYDIG Supercharges Bitcoin Mining with Crusoe Energy's Flare Gas Power
Bitcoin News

Strategic Acquisition: NYDIG Supercharges Bitcoin Mining with Crusoe Energy’s Flare Gas Power

In a landmark move signaling a significant shift towards sustainable practices in the digital asset space, New York Digital Investment Group (NYDIG) has announced its acquisition of Crusoe Energy Systems’ Bitcoin mining operations. This strategic acquisition, detailed in a recent press release, is poised to revolutionize how Bitcoin is mined, leveraging Crusoe Energy’s expertise in […]