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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Falcon Finance’s USDf Stablecoin Loses Peg Amid Reserve Doubts
USDf, a synthetic dollar token issued by Falcon Finance, lost its dollar peg on July 7, dropping as low as $0.992.
Falcon Finance claims USDf...
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RBA Moves to Trial Phase of Australian Digital Dollar Project
The Reserve Bank of Australia is launching the next phase of its digital currency project, known as Project Acacia.
Phase 2 will involve trials of...
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Walmart Launches Deals Week to Challenge Amazon Prime Day Sales
Walmart launches "Walmart Deals Week," a six-day event, to compete with Amazon Prime Day.The event offers both online and in-store deals, enhancing shopper flexibility.Walmart...
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Ex-CFTC Chair Massad Urges Senate to Reject Rigid Crypto Rules
Two former U.S. regulators have been calling for joint oversight of crypto platforms by major financial agencies.Efforts include proposals for a self-regulatory organization (SRO)...
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GMX Hacked for $42M, Circle Criticized for Slow USDC Freeze
GMX, a decentralized finance (DeFi) platform, suffered a $42 million hack linked to a software vulnerability.
The Hacker quickly moved and exchanged stolen funds, making...
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Senators Target Crypto Bill Loopholes, Warn of President Abuse
Senators from both parties raised concerns about a proposed crypto market structure bill in a Senate Banking Committee hearing.
Lawmakers questioned whether the crypto industry...
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GMX Exploited for $42M; Trading Halted as Investigation Ongoing
GMX, a decentralized crypto futures exchange, was hacked for $42 million.
The attack targeted the protocol’s first version on the Arbitrum blockchain.
All trading and key...
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Ripple Picks BNY Mellon to Custody RLUSD as Cap Hits $500 Million
Ripple has chosen Bank of New York Mellon (BNY Mellon) as the primary custodian for its RLUSD stablecoin.RLUSD reached a market capitalization of $500...
