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NYC Mayor-Elect Eric Adams to Take First 3 Paychecks in Bitcoin

The pro-crypto Adams is seeking to one-up Miami Mayor Francis Suarez, who recently said he’ll be taking his next paycheck in the cryptocurrency.

Автор Brandy Betz
Обновлено 11 мая 2023 г., 5:51 p.m. Опубликовано 5 нояб. 2021 г., 7:22 p.m. Переведено ИИ
NEW YORK, NEW YORK - NOVEMBER 02: New York City Mayor-elect Eric Adams speaks during his election night party at the New York Marriott at the Brooklyn Bridge on November 02, 2021 in the Brooklyn borough of New York City. Democratic candidate Eric Adams, the frontrunner in the mayoral race, defeated Republican candidate Curtis Sliwa to become New York City's 110th mayor and the second African American to hold the office since the late former Mayor David Dinkins. (Photo by Michael M. Santiago/Getty Images)
NEW YORK, NEW YORK - NOVEMBER 02: New York City Mayor-elect Eric Adams speaks during his election night party at the New York Marriott at the Brooklyn Bridge on November 02, 2021 in the Brooklyn borough of New York City. Democratic candidate Eric Adams, the frontrunner in the mayoral race, defeated Republican candidate Curtis Sliwa to become New York City's 110th mayor and the second African American to hold the office since the late former Mayor David Dinkins. (Photo by Michael M. Santiago/Getty Images)

Incoming New York City Mayor Eric Adams said on Thursday that he will take his first three paychecks in bitcoin when he takes office in January.

  • “In New York, we always go big, so I’m going to take my first THREE paychecks in bitcoin when I become mayor. NYC is going to be the center of the cryptocurrency industry and other fast-growing, innovative industries! Just wait!” Adams wrote in a tweet on Thursday.
  • The tweet was in response to one from Miami Mayor Francis Suarez, who on Tuesday pledged to take his next paycheck in bitcoin. Suarez won reelection earlier this week by a wide margin.
  • Adams, currently the Brooklyn borough president and a retired New York City Police Department captain, was pro-crypto throughout his campaign that culminated with a 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.
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Brandy Betz

Brandy covered crypto-related venture capital deals for CoinDesk. She previously served as the Technology News Editor at Seeking Alpha and covered healthcare stocks for The Motley Fool. She doesn't currently own any substantial amount of crypto.

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Multisig Failures Dominate as $2B Is Lost in Web3 Hacks in the First Half

Автор Oliver Knight|Редактор Sheldon Reback
24 июл. 2025 г.
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A wave of multisig-related hacks and operational misconfiguration led to catastrophic losses in the first half of 2025.

Что нужно знать:

  • Over $2 billion was lost to Web3 hacks in the first half of the year, with the first quarter alone surpassing 2024’s total.
  • Multisig wallet mismanagement and UI tampering caused the majority of major exploits.
  • Hacken urges real-time monitoring and automated controls to prevent operational failures.
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