BtcTurk halted deposits and withdrawals, citing a “technical issue” with hot wallets, while trading and local currency withdrawals and deposits remained active.
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Ozgur Guneri spent seven years as the head of the popular Turkish crypto exchange. He will remain with the company as a director.
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Binance is assisting in investigating the malicious attack on Turkish crypto exchange BtcTurk, according to Binance CEO Richard Teng.
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Özgür Güneri, the CEO of BtcTurk, said that the firm joined COPA to protect technologies within crypto, especially Bitcoin.
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Crypto thought leaders from major exchanges share insights and analysis on Turkey's burgeoning cryptocurrency landscape.
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The potential acquisition would follow Coinbase CEO Brian Armstrong announcing plans to expand to every country in which the exchange can legally operate.
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Turkish Bitcoin holders avoid an accelerating currency collapse as the lira loses 15% against the U.S. dollar in a single day.
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Criminals tried to sell users’ names, ID numbers, emails and addresses on internet forums.
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