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NYDIG is a full-stack Bitcoin platform that is combining high-tech with institutional-grade finance to usher in a new era of financial products. It makes it easy for partners to white label solutions and create their own products, such as Bitcoin accounts, rewards, and loyalty programs.
Riot Platforms deposited 500 BTC to NYDIG 5 hours ago
According to on-chain analytics platform Lookonchain (@lookonchain), Riot Platforms continues selling BTC and deposited another 500 BTC—worth approximately $38.24 million—to NYDIG five hours ago.
Riot Platforms deposited another 500 BTC to NYDIG six hours ago, valued at approximately $38.95 million.
According to on-chain analytics platform Lookonchain (@lookonchain), mining company Riot Platforms deposited another 500 BTC—worth approximately $38.95 million—to NYDIG six hours ago, continuing its sell-off.
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US Crypto Market Structure Bill Enters Critical Period: NYDIG Warns June–August Is the Final Legislative Window
Odaily News: Greg Cipolaro, Research Director at financial services firm NYDIG, stated that the most realistic legislative window for the U.S. Senate's crypto market structure bill is June to early August. If progress cannot be made during this period, the bill may face uncertainty extending beyond the midterm elections or even longer.Earlier, White House crypto advisor Patrick Witt had proposed July 4 as an ideal legislative timeline, but NYDIG considers this target overly optimistic. The bill still needs to clear multiple hurdles, including committee review, a full Senate vote, and House procedures.The bill aims to establish a clear regulatory framework for U.S. crypto assets and is regarded as one of the most critical pieces of legislation this year. However, it has faced repeated delays due to disagreements over stablecoin regulation, ethical clauses, and DeFi rules. The Senate Banking Committee has advanced the draft for a full Senate vote, but it still requires at least 60 votes to pass.Analysts point out that if the bill fails to pass before the election cycle, shifts in Republican and Democratic control of the Senate could further reduce legislative certainty, keeping the industry in a state of regulatory ambiguity.However, if the bill is ultimately passed and signed into law, it would bring regulatory clarity to the market. In particular, Bitcoin is expected to be clearly classified as a commodity, thereby reducing uncertainty for institutional entry. (Cointelegraph)
Riot Platforms deposited 500 BTC to NYDIG 5 hours ago
According to on-chain analytics platform Lookonchain (@lookonchain), Riot Platforms continues selling BTC and deposited another 500 BTC—worth approximately $38.24 million—to NYDIG five hours ago.
Riot Platforms deposited another 500 BTC to NYDIG six hours ago, valued at approximately $38.95 million.
According to on-chain analytics platform Lookonchain (@lookonchain), mining company Riot Platforms deposited another 500 BTC—worth approximately $38.95 million—to NYDIG six hours ago, continuing its sell-off.
Alcoa to Sell Idled Aluminum Smelter to NYDIG for Bitcoin Mining Infrastructure
According to Cointelegraph, Alcoa Inc. is set to strike a deal with Bitcoin mining firm NYDIG to sell its idle Massena East aluminum smelter in New York State, with the transaction expected to close by mid-year. The facility has been offline since 2014 and features an on-site substation, transmission lines, and high-capacity grid connectivity—plus access to hydropower supplied by the New York Power Authority—making it attractive to Bitcoin miners and data center operators. The report notes that some decommissioned industrial sites across the U.S. are being repurposed as Bitcoin mining, artificial intelligence, and high-performance computing facilities.