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Crypto Takes Another “L” as Turkish Exchange Founder Runs With $2bn in User Funds

Faruk Fatih Ozer, the founder of the Turkish crypto exchange Thodex, is reportedly on the run with billions of dollars of users’ funds. Reports claim the exchange website shut down on Wednesday, with a message saying trading was suspended due to an “unspecified outside investment.” Many Turks had turned to crypto

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After Tesla There Is Another Huge Turkish Conglomerate That Is Going into Crypto

Cryptocurrencies have made inroads into the business strategies of some of the leading companies in the world. The recent announcement by leading electric automobile manufacturer, Tesla regarding its acquisition of $1.5 billion worth Bitcoin and its plans to accept crypto payments is a glaring example of such a shift. As big

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Major Turkish Terminals Join IBM and Maersk’s Blockchain Shipping Platform

TradeLens — the blockchain shipping platform created by IBM and Danish logistics giant Maersk — has signed on a major Turkish-owned international terminals operator.TradeLens is a global supply chain management platform designed for containerized freight and logistics, which was first launched by IBM and Maersk back in April 2018. It works by

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Bitcoin Adoption: Turkish Real Estate Company Records Highest Sale Made With BTC

Antalya Homes, a leading real estate firm in Turkey, announced that the company made a record-breaking sale on one of its properties via Bitcoin payment. Antalya Homes Receives Payment of $1.25 Million in Bitcoin According to a press release on Monday (June 15, 2020), Antalya Homes witnessed an increase in real estate

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