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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.

Coinbase Posts Surprise Q2 Loss as Crypto Trading Revenue Drops

Coinbase reported a surprise net loss of $359 million in Q2, with revenue falling 14% from the prior quarter.The New York Attorney General filed...

Coldcard bug drains $40M in Bitcoin, price fears rise

Attackers drained approximately 600 Bitcoin ($40 million) from hundreds of Coldcard hardware wallets due to a firmware bug that caused predictable key generation.Coinkite urges...

New York sues Kalshi, calling prediction markets illegal gambling

New York sued prediction market platform Kalshi, alleging it operates an illegal gambling business via event contracts on sports, elections, and other outcomes.The lawsuit...

Strategy Halts Bitcoin Buys, Offloads Holdings Amid Losses

Strategy halted Bitcoin purchases and is now selling some holdings to fund operations, according to its Q2 earnings call.Despite the pause, the company still...

Tesla China Carveout Could Ease SpaceX Merger Path

Elon Musk denied a report that Tesla is preparing to separate its China business, calling it “absurdly fake news.”Advisers have discussed a China spinoff,...

Institutional shift narrows altcoin rally to fewer winners

Institutional counterparties generated 72% of spot flow on Wintermute’s OTC desk in the first half of 2026, the highest share on record.Institutional activity is...

Rivian R2 deliveries start June, output scales to year-end

Rivian began delivering its R2 electric SUV in June, with production exceeding internal expectations and 57,000 demo drives completed in the quarter.The company expects...

Strategy Posts $8.2B Q2 Loss as Bitcoin Slump Hits

Strategy posted an $8.22 billion net loss in Q2 2025, primarily due to an $8.32 billion unrealized loss on its Bitcoin holdings.The company now...

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