Bitcoin (BTC) is a New York state of mind thing for Eric Adams, the crypto advocate serving as the 110th mayor of New York City. He received his first Bitcoin payout on Friday during some epic downward price action and was unflappable when asked about losses during an interview. Bitcoin’s price has taken a nosedive from Friday highs of $41,000 to $35,000, meaning Adams has … [Read more...] about No regrets for NYC mayor receiving his first Bitcoin paycheck during dip
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NYC Mayor Adams to receive first paycheck in cryptocurrency Friday
Today, Eric Adams, the Mayor of New York City, announced he would be taking his first paycheck in Bitcoin (BTC) and Ethereum (ETH) with the funds arriving Friday. The salary will not be directly paid out as crypto. Instead, it is first issued in fiat U.S. dollar and then converted into digital currencies on Coinbase.Due to the U.S. Department of Labor and various state-level … [Read more...] about NYC Mayor Adams to receive first paycheck in cryptocurrency Friday
NYC restaurant claims it will open for NFT holders only
VCR Group, the hospitality company founded by entrepreneur Gary Vaynerchuk, announced the live token sale of its latest members-only private dining club in New York City, called Flyfish Club. Prospective seafood-restaurant-goers must purchase their membership on the blockchain, sold as a nonfungible token (NFT).Flyfish Club (FFC) is the world's first member's only private … [Read more...] about NYC restaurant claims it will open for NFT holders only
NFTs Take Over NYC
On our “Money Reimagined” podcast this week, Sam Ewen, head of CoinDesk Studios, used that religious term to describe how NFT enthusiasts share introductions, ideas, concepts and NFTs themselves, all of which are helping to grow the space at a rapid clip. It’s not purely altruistic because there are real tangible network effects that come from wider adoption, which boosts the … [Read more...] about NFTs Take Over NYC
NYC Mayor-Elect Eric Adams to Take First 3 Paychecks in Bitcoin
Adams, a retired New York Police Department captain, was pro-crypto throughout his campaign that culminated with victory at the polls earlier this week. The support is notable because New York City, despite being a major financial center, has some of the nation’s toughest cryptocurrency rules that require licenses for most types of crypto transactions. Source link … [Read more...] about NYC Mayor-Elect Eric Adams to Take First 3 Paychecks in Bitcoin