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Pavlos Giorkas

Pavlos Giorkas is a blogger and content creator with a passion for crypto, health, consumer tech and money management. He's been dealing with cryptocurrency since 2013 but didn't take action until 3 years later on 2016. On Bitnewsbot he covers the latest news in the crypto space.

Luno cuts 20% of global staff, citing automation

Luno is cutting approximately 20% of its global staff, CEO James Lanigan told Bloomberg on Tuesday.The exchange is shifting focus toward institutional infrastructure and...

AI Hedge Fund Up 439% Seeks Fresh Capital After Selloff

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Australia sues Telegram over pro-terror content failures

Australia's eSafety Commissioner launched civil penalty proceedings against Telegram for failing to remove terrorism-linked material, seeking fines up to $35.8 million.The regulator alleged Telegram...

Meta shares dive as cash flow evaporates amid AI spending spree

Meta reported Q2 2026 revenue of $60.80 billion, beating estimates, but earnings per share of $6.18 missed the $7.22 forecast.Free cash flow collapsed to...

Luno cuts 20% of staff, shifts to institutional focus

Crypto exchange Luno is cutting about 20% of its global workforce to restructure operations and shift focus toward institutional clients and B2B services.CEO James...

Binance.US seeks CFTC license for prediction markets

Binance.US will apply for a Designated Contract Market (DCM) license from the CFTC in August.The license would allow the exchange to launch its own...

AI Credit Default Swaps Surge, Nvidia Protection Cost Doubles

Demand for credit default swaps (CDS) on mega-cap AI stocks has surged, with NVIDIA's annual insurance premium doubling since the start of July to...

Binance launches USDT-settled gold and silver options via ADGM

Binance launches USDT-settled options on Gold and silver through its Abu Dhabi-regulated exchange.Retail users can only buy options, while eligible institutional users and liquidity...

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