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“Eric Adams down on bitcoin bets he invested paychecks in” Hizzoner has given himself a pay cut. Mayor Eric Adams could be down about $600 — or 3 percent – in his cryptocurrency portfolio, according to a Post analysis. The cryptocurrency-curious politician promised to put his first three paychecks — after taxes and other deductions…
“Crypto Wallet fob concept gives digital currency a physical form” Bitcoins, dogecoins, and NFTs all live exclusively in the digital realm, but designers are now pushing back to make these virtual entities more tangible and, ultimately, more humane. We live in a world that’s increasingly becoming more reliant on digital objects. A lot of work…
“Russians flood UAE crypto firms to liquidate ‘billions’ over fears about sanctions” Crypto firms in the United Arab Emirates are being deluged with requests to liquidate billions of dollars of virtual currency as Russians seek a safe haven for their fortunes, company executives and financial sources said. Some clients are using cryptocurrency to invest in real estate in…
“#Bitcoin surges 9.3% over demand from Russians and Ukrainians” Bitcoin defied a stock market slump on Monday, surging 9.3% amid what analysts said was increased demand from Russian and Ukrainian buyers. The world’s most popular digital currency was trading around $41,200 on Monday afternoon, while ethereum was up 7.3% at $2,800. The surge can be…
“#NFTs and cryptocurrency buy ‘entrée’ to glamour, and networking” There’s a newfangled financial model for the still-struggling food and beverage industry: the world of the blockchain, crypto and NFTs. Two New York-based restaurant groups are now raising money through individual “NFT” memberships, or the non-fungible tokens that are usually associated with digital art pieces. Think…
“#Did Melania Trump buy her own NFT at auction?” The winning bid in the auction for Melania Trump’s first NFT came from a virtual wallet that belongs to the same organization that launched the project, according to a report. The former first lady started the auction last month, offering the public a chance to own…
“#Self-taught tech mogul who made his first million at 17 is living in luxury” A tech mogul has shared how he became a millionaire at 17 after teaching himself how to code from YouTube. Evan Luthra, 27, is now set to become a billionaire by the time he hits 30 and has built and invested…
“#How two 23-year-olds became millionaires by mining bitcoin” A pair of recent college grads made $4 million before their 24th birthdays by using flare gas from Texas oil fields to mine bitcoin. Brent Whitehead and Matt Lohstroh are Texas A&M University alums who co-founded Giga Energy Solutions, a company that uses stranded natural gas that…
Cryptocurrency-funded DAOs running charities isn’t as bad as it sounds Cryptocurrency is becoming a more familiar way to pay for things. One option is as part of a crowd, through a decentralized autonomous organization. In this relatively new kind of group, also called a DAO, decisions and choices are governed by holders of one kind of cryptocurrency token,…
“#Trading app Robinhood sinks 11% in after-hours trade after posting loss” Robinhood shares dropped some 11% in after-hours trade Thursday after it posted a net loss for the quarter despite edging past analysts’ estimates for quarterly revenue as strong crypto trading boosted transaction volumes at the online brokerage. Robinhood, in its third set of results…