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Mahathir Bayena

Mahathir Bayena

GrafaCrypto Journalist

Crypto journalist for Grafa, with nearly 10 years of experience covering blockchain, Web3, and NFT gaming trends. MBA & Economics grad.

Articles by Mahathir Bayena

Grafa
Insights

Checking out Down Under: Why corporate Aussie giants are shipping support roles overseas

  • Coles Group confirmed plans to shift up to 1,000 back-office roles to India through a multi-year partnership with Accenture.
  • Corporate overhead costs and multi-million-dollar technology investments are driving major ASX-listed firms to target lower international labour expenses.
  • Offshoring strategies face rising competition from global digital platforms like Amazon alongside public backlash over local job losses.
Read more: Checking out Down Under: Why corporate Aussie giants are shipping support roles overseas
Grafa
Cryptocurrency

Three men charged in US over alleged Bitcoin kidnap plot

The US Attorney's Office for the District of Connecticut has charged three men from St Louis — Sedric Louis, John Davis, and Martel Williams — with conspiracy to interfere with commerce through robbery, alleging they plotted to break into a residence and force victims to transfer cryptocurrency linked to a multi-hundred-million-dollar Bitcoin (CRYPTO:BTC) theft.

Read more: Three men charged in US over alleged Bitcoin kidnap plot
Grafa
Insights

Streaming growth clashes with traditional media pressure

  • Warner Bros. Discovery (NASDAQ:WBD) reported Q2 2026 revenue of $8.72 billion, down 11% year over year, with diluted EPS of $0.06.
  • Streaming revenue increased 10% to approximately $3.1 billion and segment EBITDA rose 75% to $512 million, while Studios and advertising revenue declined.
  • Media companies are managing shifts from traditional television toward streaming, while facing content costs, advertising changes, and regulatory scrutiny around consolidation.
Read more: Streaming growth clashes with traditional media pressure
Grafa
Insights

Bitcoin’s mining rebound puts rival proof-of-work networks in focus

  • Bitcoin miners generated US$875.35 million in July, up US$38.93 million from June’s US$836.41 million.
  • Bitcoin hash price rose from US$29.01 to US$31.59 per PH/s over 30 days, improving revenue from computing power.
  • Higher mining difficulty, BIP-110 signalling and competition for computing power remain key pressures across proof-of-work networks.
Read more: Bitcoin’s mining rebound puts rival proof-of-work networks in focus
Grafa
Insights

Banks and miners bring the heat as the ASX breaks its all-time high score

  • The S&P/ASX 200 index climbed to a record peak of 9,213 points as global geopolitical tensions eased.
  • Financial sector shares rose 5.84% and energy stocks gained nearly 10% in July, supported by heavyweights Commonwealth Bank of Australia and BHP Group.
  • Market participants now focus on upcoming corporate earnings reports alongside shifting global commodity prices to determine sector valuation stability.
Read more: Banks and miners bring the heat as the ASX breaks its all-time high score