Suarez: You know people ask me the same thing about bitcoin, the fact that it’s lost more than 50% of its value, but that doesn’t change my feelings about the fundamental technology. For m...
Tag: MiamiCoin
Mayor Of Miami Joins Forces With MiamiCoin Operator To Work On Glitches
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The MiamiCoin and NewYorkCoin projects
In August of last year, the so-called MiamiCoin (MIA) was launched, while in February of this year the NewYorkCoin (NYC) was issued. The progress of the two projects: MiamiCoin and NewYorkCoin Both p...
MiamiCoin raises regulatory concerns after value nosedives more than 90%
MiamiCoin, a cryptocurrency built for Miami, is down more than 90% since its launch in 2021, which has given rise to regulatory concerns, according to a Quartz report. MiamiCoin was developed by CityC...
MiamiCoin and NYC plummet over 85% despite Mayoral support
MiamiCoin and NewYorkCoin have both declined significantly from their all-time highs in the current bear market. MiamiCoin, which is better known, has dropped about 92% from its peak value in Septembe...
MiamiCoin and NewYorkCityCoin fall by 90% and 80% from all-time highs
New York and Miami are ranked as two of the most crypto-friendly cities in the US. The two cities have their own coins, and following the recession witnessed in the market, the coins of these two citi...
MiamiCoin Has Lost Over 90% of Its Value in the Last 8 Months
Both MiamiCoin and NewYorkCoin are down from their peak values in the current bear market. MiamiCoin, the more well-known of the two, is down about 95% from its peak value in Sept. Tokens from the Cit...
MiamiCoin may be the next target for regulators as its rapid descent continues
Miami has made moves over the last year to position itself as a crypto hub, with Miami Mayor Francis Suarez declaring back in 2021 that “The City of Miami believes in #Bitcoin and I’m working day and ...
MiamiCoin disbursement to fund a rental assistance program, says Mayor Suarez
Upon the announcement that Francis Suarez, Mayor of the City of Miami, took a $5.25 million disbursement from the MiamiCoin wallet, Cointelegraph inquired about how the city will use these funds. I’m ...
The value of Miamicoin collapses
After having decided, like his counterpart in New York, Eric Leroy Adams, to have his salary paid in Bitcoin, the mayor of Miami Francisco Suarez, a great admirer of cryptocurrencies, had also launche...
City of Miami Gets $5.25M Disbursement From Miamicoin as MIA Flounders 88% Lower Than Price High – Altcoins Bitcoin News
While Miami’s mayor Francis Suarez told the public he was a big believer in bitcoin and has accepted his pay in bitcoin, at the same time, a crypto coin called miamicoin (MIA) was launched. The Miamic...
MiamiCoin Brought the City of Miami Over $5.2M, Says Mayor
Miami Mayor Francis Suarez sees the city as a hotbed of innovation after a historical disbursement of MiamiCoin. Suarez made the announcement via tweet, calling the cash-out from MiamiCoin a “historic...
MiamiCoin has now raised $24.7 million and here’s who will benefit from it
CityCoins presented an overview of MiamiCoin technology on the 3rd day of The North American Bitcoin Conference Miami and New York City are the two inaugural cities to begin fundraising Smart Contrac...
MiamiCoin has now raised $24.7 million… but who will benefit?
Recently, Cointelegraph spoke to Miami Mayor Francis Suarez following the announcement that Miami residents with a digital wallet can earn a Bitcoin dividend. The company that sets up the infrastructu...
The MiamiCoin project has generated $22.5 million for the city. Now comes the hard part: using it
Quick Take The CityCoins protocol launched its first city token, MiamiCoin, last August. Since then, it’s generated millions for Miami — but now the city has to navigated the legalities of acces...