salary

According to Cointelegraph, Miami Mayor Francis Suarez has been receiving his salary in Bitcoin since the end of 2021. He stated that he is not worried about the recent volatility in the cryptocurrency market, as his Bitcoin salary has increased by about 300%.In an interview with Fox Business on Wednesday, when asked if he was concerned about Bitcoin's price dropping below $100,000 and the significant decline in most of the cryptocurrency market, he responded, "When I received my first Bitcoin salary, the price was $30,000, and now it has increased by 300%, peaking at $120,000, which is a 400% increase. So, I am not worried about daily fluctuations. What I am more concerned about is the macro impact that a trusted store of value can bring, as its monetary creation system is realized through code. Rather than tracking prices daily, I am more focused on the development of decentralized finance, cryptocurrencies, and artificial intelligence."

ChainCatcher news, according to @Pete Rizzo's post on X, Amazon has released a position for "Crypto Ecosystem Lead" with an annual salary of about $500,000. Rizzo stated that Bitcoin is moving towards the mainstream.

ChainCatcher message, Trump posted on Truth Social: "I am proud to be the only president (perhaps except for the late great President Washington) to donate my salary. My first paycheck was donated to the White House Historical Association for much-needed repairs to this beautiful people's house. The White House is undergoing an unprecedented major renovation and beautification project since its construction."

ChainCatcher news, according to the official announcement, the Japanese listed company Remixpoint has announced that the salary of its CEO will be paid entirely in BTC.Remixpoint stated that this is the first time a Japanese listed company has attempted to pay its CEO's entire salary in cryptocurrency.

ChainCatcher news, according to Cointelegraph, former OpenAI employee Joey Bertschler announced the establishment of the cryptocurrency payroll distribution platform Volante Chain during the Blockchain and AI Week in Germany, having secured $2 million in private investment. The platform enables same-day payroll settlement through blockchain technology and is currently conducting MVP phase testing in Vietnam and Japan, covering thousands of users.Bertschler stated that the platform employs a hybrid AI system: artificial intelligence monitors employer default risks in real-time and supports decision-making, while also incorporating human review and legal verification. He revealed that the existing funds can support operations for 5 years without the need for additional financing.When discussing his reasons for leaving OpenAI, the Austrian founder mentioned that non-American employees face promotion restrictions and lack of equity incentives, criticizing the company as "not living up to its name": "With Microsoft's involvement, OpenAI has deviated from its open-source mission and could entirely be renamed Closed AI."

ChainCatcher news, according to Jin Shi reports, as the Japanese Senate election approaches, Prime Minister Shigeru Ishiba has promised to raise the national wage level and achieve an economic total of 6.9 trillion dollars. "I have instructed senior officials within the party to formulate our highest campaign commitment, aiming for a nominal GDP of 100 trillion yen by 2040 and increasing the average wage by 50% or more from the current level,"Ishiba said to reporters in Tokyo. This promise comes as Japanese voters are about to "judge" Ishiba's performance as Prime Minister, as his minority government is negotiating with the Trump administration to lower tariffs and battling the rising inflation at home. Last October, his party suffered a crushing defeat in the elections.

ChainCatcher news, Bitget has announced the completion of the distribution of the May rewards for the channel monthly salary program. This is the fifth distribution of the monthly salary program rewards this year, covering all eligible Chinese-speaking channel partners.As an important part of Bitget's long-term channel incentive policy, the monthly salary program does not require manual registration, and all Chinese-speaking channels are automatically included. In addition to the regular monthly rebates, partners who meet the incentive criteria can receive up to an additional 60,000 USDT in monthly rewards.Bitget will continue to give back to its ecological partners through diversified incentive mechanisms, in appreciation of their long-term trust and support, working together to promote user growth and ecological development, achieving win-win cooperation and sustainable development.

ChainCatcher news, an internal employee of the smart contract blockchain project AIAChain revealed on X that the company has currently owed employee salaries for 3 months and has not issued any payments to date. As of now, AIAChain has not made any official response.

ChainCatcher news, according to Bitcoin Magazine, Oklahoma State Senator Dusty Deevers has submitted the "Bitcoin Freedom Act" numbered SB325, which will allow employees in Oklahoma to choose to receive their wages in Bitcoin and allow vendors to accept Bitcoin payments.The SB325 bill ensures that participation is completely voluntary, respects free market principles, and grants employees, employers, and businesses the right to choose the payment method that suits them best. The SB325 bill is eligible for consideration in the 60th legislative session starting on February 3.

ChainCatcher message, Binance founder Zhao Changpeng stated on social media, "We do not pay teachers enough. There are not enough excellent teachers. Many teachers lack passion for teaching. The pay for a few outstanding teachers is inadequate."

ChainCatcher news, according to DLNews, as the price of Bitcoin approaches $100,000 this year, New York City Mayor Eric Adams expressed satisfaction with his cryptocurrency salary decision. "Remember when I first got my Bitcoin salary and you all laughed at me? Now who’s laughing?" he said at a press conference on Tuesday.When he took office in January 2022, Adams converted about $30,000 of his salary for the first three months into Bitcoin and Ethereum. According to the latest financial disclosure statement, as of the end of 2023, the value of his Bitcoin holdings is between $5,000 and $54,999.In addition to Adams, Miami Mayor Suarez and Belgian MP De Beukelaer have also chosen to receive their salaries in Bitcoin.

ChainCatcher news, a recently released tax return shows that OpenAI CEO Sam Altman's compensation last year was $76,001, slightly higher than $73,546 in 2022.Altman, whose net worth is at least $2 billion, has previously stated that his compensation "depends on the minimum standard for health insurance." He has also repeatedly mentioned that he does not own equity in OpenAI.However, according to Bloomberg, the artificial intelligence startup has discussed granting him shares as part of a potential transition to a for-profit entity. Reportedly, Altman's salary is included in a document that U.S. non-profit organizations must submit to the IRS each year.

ChainCatcher news, according to Decrypt, Coinbase announced that it will stop supporting the Direct Crypto Paycheck feature starting November 25. The company advises users to remove their Coinbase accounts from their payroll accounts to avoid delays in receiving their salaries.A Coinbase spokesperson told Decrypt that the company has decided to gradually phase out this feature but plans to launch a more optimized retail direct deposit experience in the future. The new feature, named "Coinbase Wallet Direct Deposit," will be rolled out to eligible users in the coming months, allowing customers to receive their salaries directly in cryptocurrency and deposit them into their Coinbase wallets.This decision has sparked dissatisfaction among users, with many customers who rely on this feature for regular cryptocurrency investments expressing their disappointment on social media. The Coinbase support team acknowledged that the service interruption will indeed cause limitations but hopes it will lead to long-term improvements.Currently, Coinbase has not announced a specific launch date for the new wallet service, which may result in a service gap between the discontinuation of the current feature and the activation of the new one.

ChainCatcher news, according to the Financial Times, Telegram founder Pavel Durov stated that the company has only about 50 employees, including 30 rigorously vetted engineers. Team members are selected by hosting programming competitions, bringing in the winners, and the programmers in the team mainly come from Ukraine.A source familiar with the matter said that Telegram employees are typically "super young Eastern Europeans," with an annual salary of $500,000.Pavel Durov revealed to the Financial Times earlier this year that the employee turnover rate is almost zero. This is because they share the same values and believe in the company's mission. Durov himself is the core decision-maker; despite having nearly 1 billion users, the pace of innovation is closer to that of a startup. He prefers not to see himself as a co-chairman or boss, but rather as a product leader, stating that no new features would be launched without his deep involvement.

ChainCatcher message, Ethereum co-founder Vitalik Buterin stated on social media that his salary is 182,000 Singapore dollars per year, and he retweeted a post from Ethereum Foundation employee Josh Stark, saying, "Update from Josh Stark on Ethereum Foundation expenditures. Key information is in this chart."The chart captures both internal and external expenditures of the Ethereum Foundation. For example, "L1 R&D" includes funding for external client teams as well as internal EF researchers. In the years 2022-2023, internal expenditures accounted for approximately 38%, while external expenditures accounted for about 62%.

ChainCatcher news, according to CoinDesk, NBA Pacers player Tyrese Haliburton will consider receiving part of his salary in cryptocurrency.Haliburton stated that the presence of cryptocurrency in the NBA will definitely increase, especially with the current partnership between Coinbase and the NBA; just the existence of the brand will spark more conversations.

ChainCatcher message, the governance page shows that Polkadot OpenGov Proposal No. 231 has been voted through. This proposal suggests using the dollar-cost averaging feature of the Polkadot ecosystem exchange HydraDX to regularly convert a portion of the treasury's DOT into USDT and accumulate it for paying salaries to Technical Fellowship members.The total amount for this conversion plan is 469,000 DOT, with transaction fees accounting for approximately 0.4% of the total conversion amount. Conversions occur approximately every 36 minutes, with each transaction yielding 250 USDT, resulting in a daily total of 10,000 USDT.