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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.

Michael Saylor’s Strategy Buys 20,356 Bitcoin for $1.99 Billion After Note Offering

Strategy raised $2 billion through senior convertible notes with 0% coupon rate. The company purchased 20,356 Bitcoin at an average price of $97,514 per coin. Notes...

Figure Markets Launches SEC-Registered Yield-Bearing Stablecoin YLDS

Figure Markets launches SEC-registered YLDS stablecoin offering daily yield accrual with monthly payouts. YLDS investments mirror prime money market funds, carrying higher risk than government-backed...

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...

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