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Turkish crypto exchange BtcTurk hacked for $49M after $55M loss last year

Blockchain security firm Cyvers flagged BtcTurk losses across seven blockchain networks, including Ethereum, Avalanche, and various ETH L2s.

Ethereum dev arrested in Turkey ups Roman Storm donation to $500K

Ethereum core developer Federico Carrone was arrested, and released, in Turkey this week over his links to an Ethereum privacy protocol.

Turkish crypto exchanges saw an almost 29% increase in trading volume as the arrest of President Erdoğan’s rival caused the Lira to plunge.

Coinbase has pulled out of Turkey’s crypto market and requested to be liquidated in order to “remain adaptive to regulatory landscapes.”

Faruk Özer once held a hardware wallet containing $2 billion worth of crypto. This week, he’s entering prison to start his mammoth sentence.