Cryptocurrency Analysis and News Portal
The entire crypto industry has been experiencing a winter since the last quarter of 2021. Some cryptocurrency prices experienced a massive price slump, with many declining over 65%. However bad things may look, crypto may not go extinct as its popularity has not reduced. A recent study by CryptoManiaks, a crypto
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The crypto market slump doesn’t mean interest in crypto is also down. A new study from the cryptocurrency education platform CryptoManiaks revealed that many countries are still scouring the internet, hungry for crypto-related information.According to the study, the Netherlands and Turkey take the top two spots, with 8.2% and 5.5% of the
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Assets belonging to former FTX CEO Sam Bankman-Fried have been seized by the country’s Financial Crimes Investigation Board, locally known as MASAK, following the collapse of his main business.An official announcement from Turkey’s MASAK outlined preliminary findings and actions taken against Bankman-Fried following bankruptcy proceedings of its core business. MASAK began
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The Turkish government has launched an investigation on the former chief executive of failed cryptocurrency exchange FTX, Sam Bankman-Fried. According to local media, the authorities in Ankara have also seized assets belonging to the founder of the troubled coin trading platform. Turkey’s Financial Intelligence Unit Initiates Another FTX-Related Probe Financial regulators
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The CEO of crypto lending and borrowing platform Hexn.io, believes recent crypto debacles will leave the industry stronger by weeding out weaker companies and fostering stronger regulatory efforts. Source
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A court in Albania has ordered the extradition of the fugitive founder of cryptocurrency exchange Thodex to Turkey, where he is sought for fraud and other crimes. Faruk Ozer was arrested in Albania this summer, after disappearing last year as the coin trading platform collapsed. Albanian Judiciary Prepares to Hand
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Faruk Fatih Öze, the founder of Thodex, one of Turkey's largest crypto exchanges, will be extradited to Turkey after being arrested in Albania in August to face charges of fraud and running a criminal organization, state media aa.com reported on Friday. Original Source
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The Balance of Payments section of the program, under the sub-heading of Policies and Measures, stated that a “blockchain-based central bank digital currency will be put into practice.” The responsible institution is Turkey’s central bank, with the cooperation of the local Ministry of Finance and Scientific and Technological Research Institution. Source
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Crypto fever is palpable in Istanbul. The area around the Grand Bazaar hosts several small businesses where you can just walk in and exchange cash for bitcoin (BTC) or tether (USDT). My colleague said the first thing she saw at Istanbul airport was a huge crypto ad. There are at
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Turkish President Recep Tayyip Erdoğan unveiled new details about the e-Human project powered by blockchain ahead of Turkey’s national blockchain summit. Cryptox Turkey reported the e-Human project will be based on blockchain tech to keep all services, data and capabilities used by the system under protection. While it has a sci-fi
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