[Some New York residents will receive $12,000 in cryptocurrency through a Coinbase-funded basic income pilot program] According to Golden Finance, some New York residents will receive $12,000 in cryptocurrency subsidies through a basic income-like pilot program funded by Coinbase. The program is supported by cryptocurrency donations from Coinbase and implemented by GiveDirectly. Participants will receive an unconditional monthly subsidy of $800, along with a one-time payment of $8,000.