In brief
Adams says New York has "lost its mojo" and invokes Bitcoin and crypto-currency, along with vertical farming. He says people today are waking up with a "different strut"
— Ross Barkan (@RossBarkan) June 24, 2021
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2.74%Reading
Brooklyn borough president Eric Adams, now the clear front runner in New York City’s Democratic mayoral primary, said on Tuesday that he plans to make the city a “center of Bitcoins.”
“I’m going to promise you, in one year, you’re going to see a different city,” said Adams at a campaign watch party for in-person voting results. “We’re going to bring businesses here. We’re going to become the center of life science, the center of cybersecurity, the center of self-driving cars, drones, the center of Bitcoins.”
The in-person voting date for New York City’s mayoral primaries was this past Tuesday, but a substantial number of mail-in ballots means the official outcome won’t be known for weeks.
Adams says New York has "lost its mojo" and invokes Bitcoin and crypto-currency, along with vertical farming. He says people today are waking up with a "different strut"
— Ross Barkan (@RossBarkan) June 24, 2021
Adams, a former police officer and longtime New York politician, was among the Democratic race’s more moderate candidates. He referenced Bitcoin again at a press conference this morning, per the reporter Ross Barkan, and stressed that New York City needs to compete with Miami’s growing business ambitions. (Miami’s mayor, Francis Suarez, is also a prominent crypto influencer.)
Miami Mayor Francis Suarez sat down with Cameron and Tyler Winklevoss this past weekend for a far-reaching conversation about cryptocurrencies and the future of blockchain tech. The Winklevoss twins founded Gemini, which has grown into a cryptocurrency exchange and custodian, in New York in 2014 and have been based there ever since. They used the conversation as a chance to spread the gospel about crypto. Suarez is listening. His mission, he said, is making Miami “the most crypto competitive cit...
He made a similarly hand-wavy comment about inviting new technologies to the city in 2015. "I want Bitcoin,” he said at an event. “I want Airbnb. And I want marijuana dispensaries."
Most of the Democratic candidates for mayor have been quiet on the subject of cryptocurrency (there are, needless to say, bigger municipal fish to fry); the one who’s said the most has been Andrew Yang, the one-time presidential candidate who ended his mayoral campaign on Tuesday evening after a poor showing.
In February, Yang tweeted about wanting to make New York City “a hub for [Bitcoin] and other cryptocurrencies.”
Adams has also been publicly backed by former child actor and crypto enthusiast Brock Pierce.
Alabama securities regulators have seized more than $125,000 in crypto assets for two residents who fell victim to elaborate "pig butchering" scams that collectively cost them nearly $580,000. The Alabama Securities Commission recovered $53,227.81 for a Baldwin County resident who lost approximately $185,000, and $73,927.68 for an Etowah County victim who was defrauded of $395,000 in separate schemes that began on dating apps and messaging platforms earlier this year, as per a Friday statement....
Republican Party strategist Chris LaCivita, one of the architects of U.S. President Donald Trump’s winning presidential campaign in 2024, pointed to the two-term commander-in-chief’s embrace of cryptocurrencies as a lynchpin for his political comeback. Speaking at the Coinbase State of Crypto Summit in New York City on Thursday, LaCivita said targeting so-called crypto voters helped President Trump court a lot of supporters, particularly those belonging to voter blocs that have traditionally pr...
Tornado Cash co-founder Roman Storm issued one of his starkest rebukes yet of the Trump administration’s Department of Justice on Friday, arguing that if federal prosecutors prevail in the developer’s upcoming criminal trial, decentralized finance could be permanently destroyed. “The DOJ wants to bury DeFi, saying I should’ve controlled it, added KYC, [and] never built it,” Storm wrote. “SDNY is trying to crush me, blocking every expert witness.” “If I lose, DeFi dies with me,” the crypto devel...