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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.

Trump’s Bitcoin Mining Dream Faces Reality Check as US Infrastructure Lags Global Competition

U.S. Bitcoin miners control 40% of global hashrate, leading worldwide mining operations. Trump's campaign promise to localize remaining Bitcoin mining faces practical limitations. Infrastructure constraints and...

Crypto Crime Wave: Traders Face Rising Kidnap, Extortion Threats as Market Matures

Cryptocurrency traders face increasing physical security risks through targeted kidnappings and extortions. Recent incident in France involved kidnapping a crypto influencer's father for ransom. Victim was...

China’s Bond Rally Warning Sparks Bitcoin Surge Amid Stimulus Speculation

Bitcoin prices approach $100,000 amid market recovery and anticipation of Chinese monetary policy changes. China's central bank signals potential interest rate cuts from current 1.5%...

Suspected Insider Trading Nets $20 Million From Solana Memecoin as 15 Wallets Draw Scrutiny

Fifteen wallets acquired 60.5% of FOCAI token supply prior to massive price increase. Initial $14,600 investment generated returns exceeding $20 million. Suspected insider trading activity occurred...

Solana Unveils Quantum-Proof Vault as Defense Against Future Tech Threats

Solana introduces quantum-resistant storage solution called Winternitz Vault. System generates new private keys for each transaction to enhance security. Protection mechanism defends against potential quantum computer...

MicroStrategy Weighs $2 Billion Preferred Stock Sale to Fund Bitcoin Push

MicroStrategy announces plans to raise $2 billion through perpetual preferred stock offering. Funds will be used to acquire additional Bitcoin holdings. Offering includes options for converting...

FDIC Blocked Banks’ Public Blockchain Plans, Unredacted Letters Show

FDIC documents reveal active discouragement of banks from offering public blockchain services. Coinbase obtained 25 letters through FOIA request showing regulatory pushback. Federal regulator shows preference...

FTX Set to Begin $50,000-Cap Repayments as Restructuring Plan Takes Hold

FTX bankruptcy reorganization plan activated on January 3, 2024, initiating user fund repayments. Users with claims under $50,000 may receive compensation within 60 days. Official claims...

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