Category: new york city

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New York Mayor Supportive of Mining Restrictions but Maintains Crypto Hub Objective

Mayor of New York City Eric Adams took a supportive, if somewhat veiled, stance on the partial crypto mining ban imposed in the state. A law signed by fellow Democrat and New York Governor Kathy Hochul temporarily limits the minting of digital currencies using fossil fuels. New York Mayor and Bitcoin Supporter Eric Adams to…
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NYC Mayor Undeterred by FTX Collapse — Insists Crypto Is an Industry ‘We Must Embrace’

The mayor of New York City, Eric Adams, is not discouraged by the collapse of crypto exchange FTX and heavy market sell-offs. Noting that crypto is coming whether we like it or not, he stressed the importance of moving into this space. NYC’s Mayor on FTX Collapse and the Importance of Embracing Crypto New York…
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Bitcoin Academy in Brooklyn Backed by Jay-Z and Jack Dorsey Airdrops BTC to Class Participants

Rap star Jay-Z, otherwise known as Shawn Carter, and Block CEO Jack Dorsey, recently airdropped bitcoin to members of the Bitcoin Academy in Brooklyn. Jay-Z’s mother, Gloria Carter explained in a statement that a myriad of residents from Brooklyn’s Bedford-Stuyvesant participated, and more than 350 people attended the crypto classes. Hundreds of Brooklyn Residents Attend…
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Leading Auction House Christie’s Launches Web3 and Fintech Venture Arm

On Monday, Christie’s, the leading British auction house founded 256 years ago in 1766, announced the launch of a new venture fund called Christie’s Ventures. According to the announcement, the company’s venture arm plans to focus on “[Web3] innovation, art-related financial products and solutions, and technologies that enable seamless consumption of art.” Christie’s Ventures to…
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NYC and Miami mayors duke it out on Twitter over who is the bigger crypto advocate

“I look forward to the friendly competition in making our respective cities a crypto capital,” said recently re-elected Miami Mayor Francis Suarez. Newly-elected New York City Mayor Eric Adams has reiterated his pledge to make the city a crypto hub by accepting his first three paychecks entirely in Bitcoin (BTC). In a Thursday response on…
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Mayoral candidate pledges to make NYC ‘most cryptocurrency-friendly city in the nation’

Some mayors of cities large and small in the U.S. have been pushing for the adoption of cryptocurrencies or otherwise taking a position in favor of digital assets. Curtis Sliwa, a beret-wearing Republican running to be the mayor of New York City, said one of the goals of his campaign is to focus on crypto.…
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Bar owner wants to sell two NYC watering holes for $1M in Bitcoin

“I’m hoping to catch one of these crypto dudes who always wanted to own a bar,” said Patrick Hughes. New York City bar owner and crypto enthusiast Patrick Hughes is offering to sell two of his popular restaurants in the Hell’s Kitchen neighborhood of Manhattan for cryptocurrency. According to a report from the New York…
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