Vitalik Buterin donates $227k to help earthquake victims in Turkey
The Ethereum co-founder has sent around $227,000 in ETH to two Turkish earthquake relief organizations. Go to Source Powered by WPeMatico
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Web3 community unites for Turkish–Syrian earthquake victims: Finance Redefined
The Web3 ecosystem came together to offer all possible help and aid to the victims of the Turkish-Syrian earthquake — one of the worst natural disasters in recent history. Go to Source Powered by WPeMatico
Cryptocurrency Exchanges Offer Assistance to Earthquake-Hit Turkey
Major crypto exchanges have offered to help the people of Turkey to overcome the consequences of this week’s devastating earthquake. While the crypto industry pledged support, the country’s financial authorities allowed the raising of relief funds through cryptocurrency donations for a charity organization. Leading Exchanges Commit to Supporting the Victims of the Earthquake in Turkey … Read more
Crypto Association in Turkey Vows to Block Exchanges That ‘Victimize Traders’
A new organization has been established in Turkey with the aim to monitor and help develop the country’s crypto sector, local media reported. Its first task will be to address recent problems with some cryptocurrency exchanges and boost confidence in the industry as a whole. New Entity to Deal With Issues in the Crypto Space … Read more
Turkish automaker Togg onboards Metaco for crypto custody and governance
The partnership with Metaco will see the use of its digital asset custody and orchestration platform, Harmonize, to safeguard the custody and governance of Togg’s digital assets. Go to Source Powered by WPeMatico
Türkiye to use blockchain-based digital identity for online public services
Shortly after the Turkish central bank completed the first CBDC tests, Türkiye announced a blockchain-based digital identity application. Go to Source Powered by WPeMatico
Central Bank of Turkey Reports First Payment Transactions on Digital Lira Network
The Central Bank of the Republic of Turkey (CBRT) has conducted the first payment transactions on the test network of the digital lira. The monetary authority intends to proceed with more testing in 2023 and plans to invite banks and fintech companies to join the trials. Turkey to Widen Participation in Digital Lira Project, Focus … Read more
Central Bank Gold Demand Rose at the Fastest Pace in 55 Years, Analyst Says Silver Could Outperform Gold in 2023
According to a myriad of reports, the People’s Republic of China has been buying hoards of gold during the last year. Consequently, World Gold Council (WGC) statistics show the demand for gold by central banks has risen at the fastest pace in 55 years. Meanwhile, Wells Fargo’s head of real asset strategy, John LaForge, contends … Read more
Turkey has an obsession with crypto — Specifically Dogecoin: Study
A new study reveals Turkey is in second place for crypto-related searches worldwide and first place for Dogecoin-related searches. Go to Source Powered by WPeMatico
Data From October Shows Gold Reserves Held by Central Banks Tapped the Highest Level in 47 Years
Following the World Gold Council’s (WGC) third-quarter report that shows central banks purchased a record amount of gold, data released by the WGC shows that central banks are buying more gold during 2022’s fourth quarter. Statistics show that the gold held by the world’s central banks is at the highest level since 1974. Central Banks … Read more