Vitalik Buterin contributes $227k to aid Turkey’s earthquake victims

Vitalik Buterin contributes $227k to aid Turkey's earthquake victims

Two Turkish earthquake relief organizations received about $227,000 in ETH from the co-founder of Ethereum, Vitalik Buterin. At least two significant donations from Ethereum co-founder Vitalik Buterin have already been made to aid those harmed by last week’s deadly earthquakes in Turkey and Syria. On February 6, a 7.8 magnitude earthquake in Turkey and Syria […]

Cryptocurrency community helps earthquake victims in Turkey

Cryptocurrency community helps earthquake victims in Turkey

In Turkey, more than 40 blockchain organizations have signed a petition asking the government to establish official crypto wallets that will take donations. Haluk Levent, a Turkish music star, appeals to the cryptocurrency community for donations in support of those hurt by the tragic earthquake that struck the nation. A multi-signature wallet that supports BNB […]

Turkey completes first Central Bank Digital Currency (CBDC) test

Turkey completes first Central Bank Digital Currency (CBDC) test

The Central Bank of the Republic of Turkey (CBRT) has recently completed the first experiment of its central bank digital currency (CBDC), the Digital Turkish Lira, and intends to carry out more trials in 2023. In a statement issued on December 29, the CBRT claimed that it had successfully completed its “first payment transactions” utilizing […]

Authorities In Turkey Freezes FTX Assets

Authorities In Turkey Freezes FTX Assets

Turkey’s Financial Crimes Investigation Board has seized assets belonging to SBF after launching an investigation into FTX’s affairs in the country. Following the failure of his primary business, the nation’s Financial Crimes Investigation Board, locally known as MASAK, seized assets belonging to former FTX CEO Sam Bankman-Fried. Following the bankruptcy of Bankman-primary Fried’s business, the […]

Turkey gets ready for 2023 CBDC launch

Turkey gets ready for 2023 CBDC launch

The Turkish government intends to establish its central bank digital currency (CBDC) by next year. The President’s Annual Plan for 2023, which discusses a CBDC, reportedly was presented by Turkey’s Presidential Strategy and Budget Office. According to rumors, the Turkish Central Bank will launch a CBDC in 2019. A “blockchain-based central bank digital currency will […]