City Albany Financial News

13.11 / 02:29

regulation FTX Police Fried Sam Sam Bankman-Fried is ‘under supervision’ in Bahamas, looking to flee to Dubai

FTX former CEO Sam Bankman-Fried, co-founder Gary Wang and director of engineering Nishad Singh are understood to be in the Bahamas and are “under supervision” by the local authorities.

19.10 / 14:57

Amazon Landmark Amazon Workers Reject Union in Vote at Upstate New York Warehouse

Amazon.com Inc. workers in upstate New York voted against unionizing, a setback for labor activists trying to expand their unionization push at the tech company.

08.05 / 15:21

Blockchain cryptocurrency Bitcoin What Is Cryptocurrency Mining? Know All About It Here

Mining is used to create new coins as well as validate existing transactions

28.04 / 07:07

Government New York State BItlicense New York Mayor urges state to abandon ‘stifling' BitLicense scheme

New York City Mayor Eric Adams has hit out at his states’ BitLicensing regime, claiming that it stifles innovation and economic growth.

10.02 / 16:29

Mining Energy Bitcoin NOT NYC Mayor Supports 'Crypto But Not Crypto Mining,' While Billionaire Bashes BitLicense

The US Mayor who became known in the Cryptoverse as a Bitcoin (BTC) supporter and industry ally is now opposing crypto mining, citing high energy consumption. Meanwhile, a billionaire urges the state to get rid of BitLicense "right away."

08.11 / 08:23

stock market New York Mayor-elect Eric Adams envisions crypto paychecks for all

Eric Adams said he wants to explore ways that might allow New Yorkers to be paid directly in Bitcoin and other cryptocurrencies, as he seeks to turn the city into a hub for innovation. Speaking to reporters in Puerto Rico, where he is attending the Somos Puerto Rico Conference, an annual convention that attracts Albany lawmakers, Adams reiterated a pledge he made this week to receive his first three paychecks in Bitcoin.

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