eric adams – DIGIT INFO

NYC mayor gloats about Bitcoin holdings: ‘Who’s laughing now?’

DIGIT — Wed, 04 Dec 2024 18:57:45 +0000

Mayor Eric Adams, who took office in 2022, announced after his election victory that he would accept his first three paychecks in Bitcoin.

Go to Source

NYC’s pro-crypto mayor Eric Adams indicted on corruption charges

DIGIT — Thu, 26 Sep 2024 02:15:10 +0000

New York Mayor Eric Adams has defended his innocence after being indicted on federal criminal charges, saying that he will fight the charges with “every ounce of his spirit.”

Go to Source

NYC Mayor stands by Bitcoin pledge amid bear market, FTX: Report

DIGIT — Mon, 12 Dec 2022 17:30:00 +0000

During Eric Adams’ time in office, the NY state government passed a law which will implement a two-year moratorium on proof-of-work mining, and the crypto market turned bearish.

Go to Source

NYC Mayor Undeterred by FTX Collapse — Insists Crypto Is an Industry ‘We Must Embrace’

DIGIT — Thu, 24 Nov 2022 01:00:36 +0000

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 […]

Go to Source

Miami and New York City coins tank despite Mayoral endorsements

DIGIT — Tue, 17 May 2022 04:07:54 +0000

“People will stop mining the coin if they can’t make money off of it,” according to Michael Bloomberg who referred to the two previously hyped city coins.

Go to Source

NYC Mayor Eric Adams Defends Receiving Paycheck in Bitcoin as Price Crashes

DIGIT — Wed, 26 Jan 2022 00:00:01 +0000

The mayor of New York City, Eric Adams, converted his first paycheck into bitcoin and ether before the price of the cryptocurrencies plummeted. However, the mayor said, “When you are a long-term investor, you don’t keep your eyes on your portfolio.” He added that the purpose of receiving a paycheck in bitcoin is to send […]

Go to Source

NYC Mayor Eric Adams Converts First Paycheck to Bitcoin and Ether via Coinbase

DIGIT — Sat, 22 Jan 2022 00:30:34 +0000

The mayor of New York City, Eric Adams, has received his first paycheck in bitcoin and ether via Coinbase. “Promise made, promise kept,” the mayor said, referring to his promise to take his first three paychecks in cryptocurrency. Mayor of New York City Takes Paycheck in Cryptocurrency With the Help of Coinbase New York City […]

Go to Source

NYC Mayor Adams to receive first paycheck in cryptocurrency Friday

DIGIT — Thu, 20 Jan 2022 19:10:00 +0000

Mayor Adams previously said he would be accepting his first three paychecks, or $97,000 annualized, in cryptocurrency

Go to Source

NYC Mayor Undeterred by Falling Bitcoin Price, Says Buying the Dip Could Yield ‘Good Profit’

DIGIT — Fri, 07 Jan 2022 17:30:12 +0000

The mayor of New York City, Eric Adams, is not deterred by bitcoin’s volatility, noting that buying the dip could yield “a good profit.” He reiterated that he will receive his first three paychecks in bitcoin and will make New York City the center of blockchain technology. New York Mayor Hints at Buying the Dip […]

Go to Source

NYC mayor getting paid in Bitcoin suggests buying the dip

DIGIT — Thu, 06 Jan 2022 16:20:00 +0000

Should Eric Adams accept his first three paychecks in Bitcoin, he would likely acquire more than 1 BTC following the price drop to $42,948.

Go to Source