Most recent articles by:
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.
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S&P Downgrades Tether’s USDT, Citing Weaker Reserves and Bitcoin Risk
S&P Global downgraded Tether's USDT rating to “weak” due to increased exposure to high-risk assets.Nearly 24% of Tether’s reserves now consist of riskier holdings,...
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S&P Lowers Tether’s Stability Rating to Weak Amid Reserve Risks
Standards and Poor’s Global Ratings downgraded Tether’s Stablecoin Stability Assessment to “weak” with a score of 5.The report cites Tether’s reserve exposure to high-risk...
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Robinhood, Susquehanna to Acquire LedgerX, Expand Prediction Markets
Robinhood Markets and Susquehanna International Group are acquiring a 90% stake in LedgerX, a company linked to the bankrupt cryptocurrency exchange FTX.LedgerX was renamed...
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Tesla Stock Rises on Robotaxi Expansion, AI Chip Plans
Tesla plans to nearly double its Austin, TX robotaxi fleet next month.Shares rose after news of expanded Robotaxis and Tesla’s custom AI chip developments.Tesla's...
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AlphaTON Invests $68M in Nvidia GPUs for Telegram Cocoon AI
AlphaTON Capital Corp. (ATON) plans to acquire and deploy a 1,000-plus NVIDIA B200 GPU cluster valued at about $68 million.
The investment aims to make...
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Yearn Covers $25K Loss After yUSND Vault Slippage Incident
Yearn reported an incident involving its yUSND vault on the Arbitrum network due to limited USND liquidity causing severe slippage.The event affected the rETH...
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Ark Invest Buys $56M in Google, Adds Coinbase and Circle Shares
Ark Invest purchased over $56 million in shares of Alphabet, the parent company of Google, along with investments in crypto firms on Tuesday.The firm...
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Ripple’s XRP Reclaims $2 Amid Mixed Market Signals
Ripple’s XRP token has rebounded to above $2 after earlier dropping to $1.8.XRP is down 2.7% in the last 24 hours and 17.1% over...
