Turkey

Volumes Surge on Turkey’s Crypto Exchanges as Lira Tanks

1 week ago admin2 0
Trading volume on Turkey’s cryptocurrency exchanges surged Friday as the country’s fiat currency plunged to record lows on economic jitters. According to CoinMarketCap, volume at Turkish exchanges Paribu, Btcturk and Koinim jumped over the past 24 hours by more than 100 percent each. Absolute volumes are still relatively small at these exchanges, with Btcturk, the country’s largest, handling Read More

Iranian Cyberspace Authority Says Telegram’s Upcoming Crypto Threatens National Currency

5 months ago admin2 Comments Off on Iranian Cyberspace Authority Says Telegram’s Upcoming Crypto Threatens National Currency
The secretary of Iran’s High Council of Cyberspace (HCC) has publicly supported the potential ban of Telegram within the country, citing the chat app’s recent Initial Coin Offering (ICO) as potentially “undermin the national currency of Iran,” local news outlet Al-Monitor reported yesterday, April 3. According to Al-Monitor, the discussion about banning Telegram originally stemmed Read More

McAfee Suspects North Korea In Recent Cyberattack On Turkish Financial Sector

5 months ago admin2 Comments Off on McAfee Suspects North Korea In Recent Cyberattack On Turkish Financial Sector
North Korean hackers are suspected in a cyberattack on Turkey’s financial sector, as stated in a report released by McAfee March 8. The McAfee Advanced Threat Research team identified an attempt by the hacking group Hidden Cobra to breach the security of Turkish government-backed financial institutions on March 2 and 3. While McAfee policy is Read More

Archaeologists in Turkey believe they are digging up the original Santa Claus

8 months ago admin2 Comments Off on Archaeologists in Turkey believe they are digging up the original Santa Claus
Santa isn’t just a myth made up for kids on Christmas. He did exist and he did give generous gifts, though not via chimneys on Dec. 25, as popular legend tells it. By this time next year, you may even be able to visit him in his original setting, say Turkish archaeologists. What we know Read More

Localbitcoins Markets Set Record Trading Volume

9 months ago admin2 Comments Off on Localbitcoins Markets Set Record Trading Volume
Featured In recent weeks, numerous countries have set record highs for trading volume on Localbitcoins. The spike in volume can be attributed to the surpassing of the significant $10,000 USD milestone – which has likely comprised the catalyst for an influx in new crypto investors, as well as profit taking on the part of many Read More

This Week in Bitcoin: Big Bangs, Huge Swings, and a Word From the White House

9 months ago admin2 Comments Off on This Week in Bitcoin: Big Bangs, Huge Swings, and a Word From the White House
Featured Every week we tell ourselves “This one’s got to be quieter” and yet every week we’re proven wrong. Welcome to the latest and craziest edition of This Week in Bitcoin. We’ve no idea where this madness is gonna end; all we know is that there’s no time to assess the situation – there’s too Read More

Bitcoin, Ethereum ‘Not Suitable’ For Muslims, Says Turkish Government

9 months ago admin2 Comments Off on Bitcoin, Ethereum ‘Not Suitable’ For Muslims, Says Turkish Government
Turkey has claimed Bitcoin is in fact “not compatible” with Islam due to its government being unable to control it. In a statement from a meeting of the state Directorate of Religious Affairs (Diyanet), lawmakers said that Bitcoin’s “speculative” nature meant that buying and selling it was inappropriate for Muslims. “Buying and selling virtual currencies Read More

I went down a Facebook Marketplace rabbit hole for the Thanksgiving shopping season

9 months ago admin2 Comments Off on I went down a Facebook Marketplace rabbit hole for the Thanksgiving shopping season
Everyone who has anything to sell is preparing for the Black Friday shopping weekend. Google has added new features to its shopping platform, and is lowering prices to push its smart home hardware. Amazon is discounting Whole Foods turkeys for Prime members and chipping away at the Thanksgiving spirit. But what about that other Silicon Read More

Police Bust Turkish Gang That Kidnapped Wealthy Bitcoin Holders

9 months ago admin2 Comments Off on Police Bust Turkish Gang That Kidnapped Wealthy Bitcoin Holders
Security Turkish police are toasting their success after capturing an enterprising gang of crypto kidnappers. Their targets were major bitcoin holders. The quintet were caught as they prepared to pounce on their second victim, having already extorted 450 bitcoins, worth U.S. $3.3 million, from a wealthy businessman. Also read: Real Estate Listings Use Bitcoin to Garner Read More

Turkish Central Bank President: “Cryptocurrencies May Contribute to Financial Stability”

10 months ago admin2 Comments Off on Turkish Central Bank President: “Cryptocurrencies May Contribute to Financial Stability”
News Bitcoin is trending in Turkey, and the country’s central bank officials are starting to notice. This week President Murat Cetinkaya of the Central Bank of Turkey (CBRT) said the financial institution is monitoring bitcoin closely, and spoke optimistically about digital currencies. Also Read: Luxury Dubai High Rise Apartments Will Be Sold for Bitcoin Central Bank Read More