Tag: Idle

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Alcoa Nears Sale Of Idle New York Smelter To NYDIG For Bitcoin Mining Use

Alcoa is in talks to sell its idle Massena East aluminum smelter in upstate New York to bitcoin mining firm NYDIG, according...

Polygon Moves to Unlock $330 Million in Idle POL as Stablecoin Payment Flows Accelerate

Polygon Labs is trying to solve a problem that usually appears only after a network begins to scale: too much capital sitting idle.The company...

Ripple-linked token sitting idle in wallets now gets easier DeFi access

XRP has a liquidity problem that has nothing to do with price: More than 2 billion tokens, or about 3.5% of the circulating supply,...

Citrea Launches Treasury-Backed Stablecoin to Unlock $1T in Idle Bitcoin Capital

Citrea, the Bitcoin application layer backed by Founders Fund and Galaxy Ventures, has launched Citrea USD (ctUSD), a native USD stablecoin designed to provide...