Turkey Financial News

12.06 / 13:39

Tether USDT inflation Turkey's Economic Woes Push Investors Towards Stablecoin Tether – Here's the Latest

As Turkey’s economic woes continue to deteriorate with lira spiraling downwards, investors are turning to cryptocurrency as a safe haven.

06.06 / 19:58

business Bankruptcy FUD Gate.io threatens legal action against rumor-mongers

Centralized crypto exchange Gate.io has threatened legal action in response to rumors of imminent bankruptcy. Crypto community members have been speculating since May about a possible connection between Gate.io and the troubled cross-chain protocol Multichain.

06.06 / 19:48

Blockchain defi Hackers hacks reports Atomic Wallet hack losses top $35M, on-chain sleuth reports

At least $35 million worth of crypto assets have been stolen from Atomic Wallet users since June 2, according to an analysis from on-chain sleuth ZachXBT. The five largest losses account for $17 million.

06.06 / 01:03

Crypto Exchange Gate.io Exchange Threatens Legal Action Against Bankruptcy Rumor Spreaders

Major crypto exchange Gate.io has threatened to take legal measures against those spreading rumors of its possible bankruptcy.

01.06 / 15:09

Blockchain BLOCK Digital Action Strategy Syscoin 11 things the United States can learn from other nations’ crypto regulations

While the U.S. has long been known as a center of innovation and new technology, the nation’s regulatory bodies don’t seem to know quite what to make of the crypto industry. The U.S. is lagging behind countries in Europe and Asia in establishing crypto regulations, and it’s not because the industry is broadly resistant. Indeed, crypto insiders would welcome — are asking for — clear and consistent guidelines.

18.05 / 21:07

Adoption Latin America inflation Bitcoin NOT Crypto adoption is booming, but not in the US or Europe — Bitcoin Builders 2023

Mass crypto adoption is already taking place around the world, but not in the United States or Europe, nor does it have Bitcoin as a flagship asset for mainstream acceptance. According to Daniel Fogg of smart contract platform Rootstock, the increase in adoption is instead ongoing in emerging markets, where cryptocurrencies are offering solutions to people’s everyday problems.

17.05 / 13:45

Provident Ripple XRP SEC CEO Fighting Harmonic Ripple buys crypto custody provider Metaco

The acquisition marks Ripple's first foray into a growing institutional crypto custody market that the firm says could hit $10 trillion by 2030. Metaco's main offering, Harmonize, has been chosen by major global custodians, top-tier banks such as Societe Generale, and corporates.

04.05 / 07:01

inflation asset Capital Cryptoverse: Digital coins lure inflation-weary Argentines and Turks

Ownership of digital currencies in Turkey was the highest in the world at 27.1% followed by Argentina at 23.5% — well above global crypto ownership rate estimated at 11.9% — according to data from research firm GWI. What's common to Turkey and Argentina besides their pole positions in crypto adoption is high inflation, which has led to crumbling currencies and capital controls to deter local residents from taking money out. Turkey's annual inflation was 50.51% in March, Argentina's was even higher at 104%. The lira and peso have been plunging and are at record lows. Argentina's peso trades around 464 per dollar in the black market, more than double the official exchange rate of 222.

03.05 / 13:03

Blockchain Altcoin Meta Mainnet SUI mainnet goes live as token sees immediate action on Binance, OKX, others

Major cryptocurrency exchanges around the world are launching trading of the Sui (SUI) token amid the Sui Network's mainnet launch on May 3.

02.05 / 11:45

Law regulation Court avalanche Ava Labs Ava Labs founder awarded $3M in crypto defamation suit

Ava Labs founder and CEO Emin Gün Sirer has reportedly won a defamation suit against a crypto influencer, awarding him $3 million in damages.

26.04 / 12:13

COST Turkey’s Erdogan Faces Biggest Election Challenge Over Economy

KAYSERI, Turkey—Once celebrated as the leader who lifted millions of Turks into the middle class, President Recep Tayyip Erdogan is facing the most serious challenge to his 20-year rule in an election next month amid voter anger over his handling of the economy.

25.04 / 13:21

COST Turkey’s Erdogan Faces Biggest Election Challenge Over Economy

22.04 / 16:07

business Gemini Derivatives Winklevoss Twins Gemini to launch derivatives platform outside the United States

United States-based crypto exchange Gemini announced on April 21 the upcoming launch of a derivatives platform outside the U.S. The move comes amid a tightening and uncertain regulatory environment for crypto firms in the country.

21.04 / 18:37

regulation Interpol Red Notice Leads to Arrest of Crypto Exchange CEO – Here's What You Need to Know

The founder and former CEO of a now-defunct crypto exchange, Thodex, has been extradited to Turkey and was detained by police upon arrival in Istanbul.

20.04 / 15:17

Ethereum Stablecoin Bitfinex Gaming Legal Bitcoin Deal lawsuits Today in Crypto: SG-FORGE Reveals the EUR CoinVertible Stablecoin, Three Silvergate FTX-related Lawsuits Combined, Voyager Strikes Deal with US Government to Sell Assets to Binance.US

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

20.04 / 11:59

regulation Altcoin Police Terraform Labs Terra Terra co-founder Do Kwon reportedly indicted for document forgery

Prosecutors in Montenegro have reportedly issued the indictments to Terra co-founder Do Kwon after arresting the executive in late March.

20.04 / 10:39

Law regulation Bitcoin Founder of collapsed crypto exchange Thodex detained in Turkey

The saga of the Turkish cryptocurrency exchange Thodex continues, with the founder being finally brought back home in two years after the platform halted trading.

11.04 / 13:03

Blockchain Provident BLOCK Platform Action Strategy TemDAO World Heritage Project Helps the Cultural Sector through Democracy-Fueled Donations

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

06.04 / 21:33

business regulation Marketplace Paxful Paxful co-founders’ litigation cites misappropriation of funds, money laundering, U.S. sanctions evasion

A bitter dispute between Paxful's co-founders Artur Schaback and Mohamad (Ray) Youssef in Delaware's courts may have been the real reason behind the Bitcoin marketplace's sudden closure on April 4.

31.03 / 02:59

Blockchain Citi Provident Digital HSBC Istanbul will be hosting Eurasia’s Largest Blockchain Event once again on May 8–11, 2023

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

24.03 / 05:59

Provident Google USDT Mobile Pool Adventure fall Astroon Launches Astroon Fall, Their First Mobile Game

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

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