Cryptocurrency traders have been suffering a slow painful death after the Fed ran out of excuses in tackling inflation. In just a few months, Wall Street had to reprice a much more aggressive Fed tightening strategy that made Bitcoin go from having a simple correction, to entering bear market territory, and now has fallen over […]
If you think fumbled product launches are something new at GM, you're wrong. Underwhelming power, sky high prices and bad marketing nearly killed the Corvette, until it found unlikely savior. TheDetroitBureau.com takes a look at the 1953 Chevrolet Corvette.
Everybody loves a good thriller. Sitting at the intersection of several subgenres, thrillers are defined by the feelings of suspense, anxiety, tension, and...
2022 is ramping up to a buzzing year for the metaverse. Upcoming projects like Next Earth aim to usher in a new era of user-governed virtual worlds. Next Earth is a metaverse that uses blockchain technology to manage virtual land NFTs on a 1:1 replica with Earth. This allows users to buy, sell, and trade…
Beneath all its brooding horror and its found footage, Archive 81 is pure Netflix thriller nonsense. Following archivist Dan Turner (Mamoudou Athie), called...
Newly-elected New York City Mayor Eric Adams confirmed his first paycheck will be converted to Bitcoin (BTC) and Ethereum (ETH) on Friday via Coinbase cryptocurrency platform. The news comes after Adams vowed to take his first three paychecks in Bitcoin after engaging in a friendly twitter challenge with Miami Mayor Francis Suarez in November. Both Suarez and Adams are pushing to make their respective cities a centre for cryptocurrency hubs. 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! — Eric Adams (@ericadamsfornyc) November 4, 2021 The recently-elected NYC Mayor will be paid in US dollars, which will be then converted into cryptocurrencies before being deposited into his account. The extra step of converting comes as the U.S. Department of Labor prohibits employees from being paid directly in cryptocurrency, but can have their funds converted before being deposited in their accounts. It remains unclear as to how long Adams plans to hold the cryptocurrencies or how they will be taxed. “New York is the center of the world, and we want it to be the center of cryptocurrency and other financial innovations. Being on the forefront of such innovation will help us create jobs, improve our economy, and continue to be a magnet for talent from all over the globe,” said Adams in a statement earlier on Thursday. Adams has been vocal about wanting to transform New York into a global crypto hub. In fact, cryptocurrencies were a big part of his election campaign last year. He even made sure that New York had its own CityCoin, a token that allows people to invest in the city. At the time, he said, “We’re going to become the centre of life science, the centre of cybersecurity, the centre of self-driving cars, drones, the centre of Bitcoins.”
Ashley and Tony’s Instagram DMs have been blowing up! This week’s question comes from Collette through Tony’s Instagram direct messages. Collette is asking: Do you make offers based on pro […]