BTCTurk News

BtcTurk halted deposits and withdrawals, citing a “technical issue” with hot wallets, while trading and local currency withdrawals and deposits remained active.

Ozgur Guneri spent seven years as the head of the popular Turkish crypto exchange. He will remain with the company as a director.

Binance is assisting in investigating the malicious attack on Turkish crypto exchange BtcTurk, according to Binance CEO Richard Teng.

Özgür Güneri, the CEO of BtcTurk, said that the firm joined COPA to protect technologies within crypto, especially Bitcoin.

Crypto thought leaders from major exchanges share insights and analysis on Turkey's burgeoning cryptocurrency landscape.

The potential acquisition would follow Coinbase CEO Brian Armstrong announcing plans to expand to every country in which the exchange can legally operate.

Turkish Bitcoin holders avoid an accelerating currency collapse as the lira loses 15% against the U.S. dollar in a single day.

Criminals tried to sell users’ names, ID numbers, emails and addresses on internet forums.

BTCTurk, a Turkish Bitcoin exchange which launched in July 2013, has terminated its operations in Turkey after local banks closed the main accounts of the company without prior notice.

With Turkey residents losing a convenient option for sending and receiving payments online, the country’s online payment sector is gradually yielding to a free control market with the uptake in Bitcoin use.