Kuwait recently became the 28th country to order Turkey’s well-known Bayraktar TB2 drone. At the same time, other foreign operators of the TB2 are going on to buy bigger, more advanced, and more...
Tag: Turkish
DZ Bank to Integrate Digital Currencies Into Asset Management Services in collaborated with Turkish technology company
Together with the digital asset company Metaco, Germany’s second-largest bank by asset size, DZ Bank, will completely incorporate digital currencies into its asset management services. This ende...
FTX’s Turkish Entities Dismissed From US Bankruptcy Proceedings
Delaware bankruptcy court Judge John T. Dorsey on Monday signed an order approving the dismissal of FTX’s Turkish entities from the collapsed exchange’s U.S. bankruptcy proceedings. The order was sig...
Court Allows FTX’s Turkish Subsidiary To Be Excluded From Proceedings
10 hours ago | 2 mins read Exchange News Last month, FTX asked for this order to be signed by the Court. Turkey’s Financial Crimes Investigation Board have froze the assets of the firm. On Monday, Jud...
Death Toll Approaches 30,000 And Over 100 Detained As Government Targets Building Contractors
Topline The Turkish government detained more than 100 building contractors and others who may be responsible for the collapsed buildings and deaths this week, according to the New York Times, as the d...
Crypto and NFT Communities Respond to Turkish Earthquake Relief Efforts
On February 6, a devastating earthquake struck the southeastern part of Turkey at the border with Syria. As of right now, over 5,000 people have lost their lives as a result of the quake. The earthqua...
Crypto community gives to Turkish earthquake victims
Turkish rock star Haluk Levent turns to the cryptocurrency community for donations supporting the victims of the devastating earthquake that hit the country. Donations exceed $460,000 so far Haluk Lev...
Turkish watchdog stretches rules and allows crypto wallets to collect aid
A Turkish singer known for his charitable personality, Haluk Levent, reached out to the country’s financial watchdog (MASAK) and convinced them to allow collecting crypto donations to help with earthq...
Binance to Distribute $5M Worth of BNB to Earthquake-Affected Turkish Users
The largest cryptocurrency exchange – Binance – added its name to the list of companies that provided help to Turkish residents affected by the recent devastating earthquake. It will give away $100 w...
Turkish rock star and charity establish crypto donation wallet for earthquake support
The crypto community is stepping up to help victims of the tragic natural disaster in Turkey by opening a multisig wallet on BNB Chain for earthquake support. So far, over $170,000 in donations have b...
FTX Debtors Seek Dismissal of Turkish Entities in Chapter 11 Bankruptcy Proceedings – Bitcoin News
FTX debtors have filed a motion with the court requesting to dismiss its Turkish subsidiaries from the Chapter 11 bankruptcy proceedings. The defunct crypto exchange’s lawyers believe dismissing the e...
FTX Urges Court to Exclude Turkish Subsidiary From Bankruptcy Proceedings
10 hours ago | 2 mins read Exchange News The filing shows that FTX Trading Ltd, the market maker, owns 80%. Local authorities in Turkey may seize any FTX Turkey assets they deem necessary. Since court...
The first experiments on the digital Turkish Lira
The first experimentation with the digital Turkish Lira has been successful, with Central Bank of Turkey (TCMB) officials expressing great satisfaction with the results of the test. Clearly, the test...
BUSD Sees $5 Billion Reduction in Supply in 24 Days, Relationship With Turkish Lira Continues – Altcoins Bitcoin News
According to statistics, the stablecoin BUSD saw a significant drop in its supply over the past 30 days, shedding roughly 23.8% from Dec. 5, 2022, to Jan. 6, 2023. Since Dec. 13, 2022, BUSD’s supply h...
Turkish lira collapse still underway
The USD/TRY exchange rate continued its consolidation phase despite positive Turkish inflation data. It was trading at 18.75, where it has been in the past few months. This price is a few pips below i...
Turkish Central Bank begins testing CBDC
The Turkish Central Bank has started running initial tests on its Central Bank-issued digital lira. According to recent reports, the bank will advance trials on the digital lira as the project moves c...
A Study Report Reveals “Dogecoin-Love” of Turkish People
A report states, Turkish people are obsessed with cryptocurrencies, specifically for Dogecoin. Dogecoin Mania A cryptocurrency educational platform, CryptoManiaks released a report on worldwide crypto...
Crypto.com Releases Turkish Lira (TRY) Fiat Wallet For Users in Turkey
10 seconds ago | 2 mins read Exchange News Turkey is a crucial expansion region for Crypto.com, the world’s top cryptocurrency platform for licenses, registrations, and security certifications. As a r...
Albanian and Turkish Officials Agree to Deportation of Thodex CEO
10 seconds ago | 2 mins read Exchange News Thodex, gained headlines when he suspended trading and took the website down. Ozer’s brother and sister, among other allies, have already served time in pris...
Turkish Lira and Inflation Stabilizes Despite Interest Rate Cuts, Why? – Trustnodes
The Turkish Lira crashed from 8 in September 2021 to 18 TRY per dollar. A dive to 10 made it bounce to 14, and since then it has gradually fallen but has recently become somewhat stable at 18.5. Infla...
Turkish police confiscates $40M worth of crypto
Turkish prosecutors confiscated $40 million worth of crypto and arrested 35 people scattered in eight cities on Oct. 20 for running an illegal crypto betting platform, as reported by local news outlet...
Turkish lira at risk after the CBRT decision
The USD/TRY price has been in a consolidation phase in the past few months and is hovering near its all-time high. It was trading at 18.60, which was slightly below the all-time high of 19.25 ahead of...
Turkish Prez Erdogan Reportedly Hints Turkish-Russian Payment System
Recep Tayyip Erdogan reportedly wants to launch a new payment system between Turkey and Russia. This initiative by the Turkish Prez was due to the pressure from the U.S. which is against the use of Ru...
Can the plummeting Turkish lira recover?
The USD/TRY exchange rate continued its bullish trend after the divergent paths taken by the Federal Reserve and the Central Bank of the Republic of Turkey (CBRT). It jumped to an all-time high of 18....
Founder of Turkish Crypto Exchange Thodex Arrested in Albania
The wanted CEO of crypto exchange Thodex has been caught in Albania, the Turkish Ministry of the Interior said in a statement. Faruk Fatih Özer was the subject of an Interpol red notice, a worldwide r...
Notorious Turkish Crypto Boss Arrested in Albania
The Albanian authorities arrested Faruk Fatih Ozer – the CEO of the Turkish cryptocurrency exchange Thodex – in the city of Elbasan. Last year, the platform ceased trading and withdrawals, while the 2...