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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.

Crypto Market Mixed as Bitcoin Eyes Key Triangle Pattern Breakout

Cryptocurrency markets showed mixed performance amid concerns over the $1.4 billion Lazarus Group hack on Bybit and macroeconomic factors. Bitcoin forms a symmetrical triangle pattern...

Bybit CEO: Exchange Has Closed $1.4B Ethereum Deficit Following Major Hack

Bybit has successfully recovered from a $1.4 billion Ethereum theft through multiple funding channels and purchases. The exchange acquired 446,870 ETH through loans, whale deposits,...

Pump.Fun Platform Developing Own AMM, Raydium Token Drops 25%

Solana-based platform Pump.Fun is developing its own automated market maker, potentially reducing its reliance on Raydium exchange. The platform has generated over $550 million in...

Rogue Developer Suspected in $50M USDC Theft from Crypto Payments Firm Infini

Cryptocurrency payment firm Infini lost $50 million in USDC through an administrative exploit. A former contract developer is suspected of maintaining hidden admin privileges after...

Raydium Token Crashes 22% as Pump.fun Appears Set to Launch Rival Trading System

Raydium's RAY token experienced a 22% decline amid speculation about Pump.fun's new AMM development. The potential launch of Pump.fun's AMM could redirect significant trading volume...

Bybit Restores $1.4B Ether Gap After Major Hack, Returns to Full Asset Backing

Cryptocurrency exchange Bybit has restored its 1:1 client asset backing after receiving 446,870 ETH valued at $1.23 billion through various channels. The exchange secured funds...

HK Asia Holdings Doubles Down on Bitcoin, Adds 7 BTC After Share Price Surge

Hong Kong investment firm HK Asia Holdings purchased additional 7.88 BTC for $761,705. Total Bitcoin holdings now reach 8.88 BTC with an average cost of...

North Korean Hackers Begin Laundering $140M in Stolen Bybit Crypto

North Korean Hackers have begun laundering $140 million of the $1.46 billion stolen from Bybit through multiple exchanges. The stolen funds are being converted to...

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