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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.

Resolv Labs USR Stablecoin Hacked, Loses Dollar Peg

Resolv Labs confirmed the exploit hit the issuance mechanics of its USR stablecoin, causing a dramatic depeg to as low as $0.14.The attacker minted...

LA Court Tests AI to Aid Judges, Not Replace Them

The Los Angeles Superior Court has begun testing an AI system called Learned Hand to help judges prepare cases, addressing growing caseloads by automating...

Bitcoin Mining Difficulty Dives as Energy Costs Surge

Bitcoin mining difficulty fell sharply by 7.76% this week, indicating reduced network activity as some miners shut down operations. Higher electricity prices and reduced block...

Bitcoin, S&P 500 Correlation Warns of 50% Drop

Bitcoin gave back most of its geopolitical gains this week, moving back toward $68,700 and renewing its correlation with the S&P 500.Historically since 2018,...

Hormuz Blockade Sends US Diesel Past $5, Threatens Economy

The US national average price for diesel fuel has surpassed $5 per gallon, a threshold last seen during the 2022 Russia-Ukraine war.Blockades of the...

‘Hawk Tuah Girl’ Says 2024 Memecoin Implosion “Traumatized” Her

Social media influencer Hailey Welch, known as the "Hawk Tuah girl," says she was traumatized by the HAWK memecoin collapse and ensuing public backlash.The...

Nevada judge blocks Kalshi prediction market

A Nevada judge has issued a 14-day temporary restraining order against the prediction market Kalshi, blocking its operation in the state.The Nevada Gaming Control...

CFTC Details Crypto Collateral Rules in Pilot Program

The CFTC has issued new guidance for a pilot program allowing the use of cryptocurrencies as collateral in derivatives markets.Only Bitcoin, Ether, and stablecoins...

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