Turkey

Turkey’s Soaring Inflation Drives Surge in Cryptocurrency Adoption

According to the official data published yesterday, the annual inflation rate in Turkey surged to 58.94% in August due to the devaluation of the...

Turkish Citizens Seek Shelter in Tether Amid Collapsing Lira

Citizens in Turkey are turning to cryptos as a refuge against the collapsing lira, Bloomberg reports.Local demand for Tether, surged in early May ahead...

Turkey: Inflation Rose To 85.51%

Inflation puts pressure on households and businesses in most economies of the world. One country though, has linked its name to outrageous inflation.The country...

Russia’s “hidden” weapon against sanctions: parallel system of international payments based on cryptos

In what way will Russia not be cut off from the international payment systems in the midst of the paranoid sanctions of the West...

Turkey: 68 Arrests Regarding Thodex Scandal

Turkish police arrested 68 people as part of their investigation into a cryptocurrency trading platform after thousands of Turks said they were victims of...

Turkey bans crypto payments, bitcoin falls accordingly

According to Financial Times, Turkey's central bank has decided to prohibit the usage of cryptocurrencies such as Bitcoin in exchange for goods and services,...

The extreme slippage of the Turkish Lira Turns Turks into Bitcoin

As a way of dealing with any capital controls or as a safe investment haven if inflation accelerates or if the value of the...

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Crypto exec: “Big banks tricked us” on stablecoin bill

A crypto executive argues that collaboration between community banks and crypto is essential for both sectors to compete against...

Investors Sue Kalshi Over Iran Leader Bet Resolution

Prediction market platform Kalshi is facing a class action lawsuit in California for its handling of a bet on...

Meta Eyes Texas Data Center Site After OpenAI, Oracle Split

The collapse of a major AI data center expansion deal between Oracle and OpenAI has opened the door for...

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