Miami’s mayor – Francis Suarez – announced his withdrawal from the US Presidential race without providing an exact reason for his decision. He is known as an outspoken proponent of bitcoin who has invested some of his wealth in the primary digital asset. Suarez also became the first American politician to receive his salary in...Read More
Francis Suarez – the mayor of Miami – filed documents to run for President of the United States. He will be a candidate of the Republican party, attempting to prevail over well-known names, such as Donald Trump and Ron DeSantis. Suarez is an outspoken advocate of bitcoin, and his administration has introduced numerous initiatives focused...Read More
Miami’s Bitcoin-bullish Mayor, Francis Suarez, remains faithful to the asset after the collapse of one of the world’s largest crypto exchanges shook confidence in the industry. The mayor suggested that Bitcoin can still provide numerous benefits not offered by the fiat currency system. Could Bitcoin Replace the Dollar? During an interview with CNBC on Friday,...Read More
One of the most successful NBA teams – Miami Heat – finally annulled its partnership with the cryptocurrency exchange FTX. As a result, the home ground of the basketball giant will no longer be called FTX Arena. Cutting All Ties A federal bankruptcy judge officially canceled the collaboration between Miami-Dade County (the territorial division where the NBA...Read More
The US Department of Justice (DOJ) charged three residents of Miami – Esteban Cabrera Da Corte, Luis Hernandez Gonzalez, and Asdrubal Ramirez Meza – with defrauding banks and a cryptocurrency platform for over $4 million. The men used fake identification to buy digital assets, while later, they lied to financial institutions that the transactions were...Read More
The Miami-based blockchain security company – Halborn – closed a $90 million Series A financing round. The initiative comes at a time when numerous venture capital firms have withdrawn their interest in the crypto sector due to the downturn of the market. Pushing Forward Amidst the Crypto Winter In an interview for Bloomberg, Halborn disclosed...Read More
The president of El Salvador – Nayib Bukele – canceled his appearance at the Miami Bitcoin conference. The leader explained that “unforeseen circumstances” in his home country require his presence. State of Emergency in El Salvador The ongoing Miami Bitcoin Conference will not see the presence of one of the biggest proponents of the leading...Read More
E11EVEN Partners – the brand behind the famous disco club in Downtown Miami, the E11EVEN Voda, and the E11EVEN Hotel & Residences, purchased Ape #11 of the Bored Ape Yacht Club for 99ETH ($396,000 at the moment of the transaction). Thus, the company put its name next to Steph Curry, Post Malone, and others who...Read More
Francis Suarez, the cryptocurrency-loving mayor of Miami, announced that he was working on a program to give free Bitcoin to the residents of his city thanks to the good results achieved by his city’s crypto project Miami Coin. In an interview for CoinDest TV, Suarez explained that he was looking for a way to distribute...Read More
Francis Suarez – the pro-crypto mayor of Miami – vowed to receive his next paycheck entirely in bitcoin. Thus, he can become the first American politician to be paid in the primary cryptocurrency. Proving His BTC Support Ever since the beginning of 2021, Francis Suarez has demonstrated quite a favorable approach towards the cryptocurrency industry...Read More
Originally headquartered in San Francisco, the cryptocurrency trading platform Okcoin has opened a new office in Brickell – an urban neighborhood in Miami. It aims to expand some of its services for the growing Latin American customer base within the city. Okcoin’s Hiring Initiative While the new hub only houses 10 Miami employees at present,...Read More
Francis Suarez, Mayor of Miami said that he was “definitely open to exploring” new resident Anthony Pompliano’s suggestion of allocating “1% of the city’s treasury reserves in Bitcoin.” He also mentioned that Florida’s Chief Financial Officer, Jimmy Patronis was “forward-thinking” about blockchain and crypto technology. Suarez said this in response to the CFO’s tweet that...Read More
San Francisco-based venture company Blockchain Capital filed a lawsuit against another similarly named Florida based firm on Thursday for infringement on its trademark. The other company which goes by the name Blockchain Capital. Management LLC (BCM) was owned by one Fareed Iftikhar whose company also operated in the financial services sector. According to case papers...Read More