Posts in category

Turkey


A new joint European banking report has poured cold water on the effectiveness of so-called central bank digital currencies (CBDCs). The report, submitted by two working groups under the auspices of the Bank for International Settlements (BIS) and European Central Bank (ECB), warns about the “adverse” effect of introducing a CBDC. It also advocates that …

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Unidentified entities at a telecom company connected to the Egyptian government are using malware to trick Middle Eastern Web users into unwittingly mining monero, according to a new report. Internet users in Turkey and Syria who downloaded Windows applications such as Avast Antivirus, CCleaner, Opera, or 7-Zip were unknowingly redirected to malicious versions with malware, …

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Microsoft’s Windows Defender Antivirus has blocked an attack of more than 400,000 attempts over a span of 12 hours for trojans to infect users with a cryptocurrency miner, according to a Microsoft blog post on March 7. Windows Defender’s research showed that a little before noon (PST) on March 6, Windows Defender Antivirus began detecting …

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North Korean hackers are suspected in a cyberattack on Turkey’s financial sector, as stated in a report released by McAfee March 8. The McAfee Advanced Threat Research team identified an attempt by the hacking group Hidden Cobra to breach the security of Turkish government-backed financial institutions on March 2 and 3. While McAfee policy is …

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The governments of Turkey and Iran are both considering developing their own government-backed digital currencies, following on the heels of the Feb. 20 pre-sale of Venezuela’s national oil-backed Petro coin. Feb. 21, a day after the Petro’s launch, Iran’s Ministry of Information and Communications Technology (ICT) tweeted that Iran’s Post Bank is working on releasing a …

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Politicians in Turkey are reportedly looking to launch a national cryptocurrency. According to a report by the Middle Eastern news source Al-Monitor, Ahmet Kenan Tanrikulu, the deputy chair of Turkey’s Nationalist Movement Party and also former Industry Minister, has drafted a report to propose a state-backed cryptocurrency dubbed “Turkcoin.” Though the technical specifics remain unclear, the lawmaker …

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Turkish football team Harunustaspor announced Tuesday, Jan. 30, that it will pay a player partially in Bitcoin (BTC), local news outlet CNN Turk reports. As chairman of the amateur club Haldun Şehit told CNN Turk, the move was completed to hire 22-year-old Omar Faruk for 2000 lira ($528) in BTC and 2500 lira ($661) in …

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Turkey has claimed Bitcoin is in fact “not compatible” with Islam due to its government being unable to control it. In a statement from a meeting of the state Directorate of Religious Affairs (Diyanet), lawmakers said that Bitcoin’s “speculative” nature meant that buying and selling it was inappropriate for Muslims. “Buying and selling virtual currencies …

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Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. According to Turkish newspaper Habertürk, police recently managed to capture a gang of five extortionists in Merter, a suburb west of Istanbul, one of the country’s biggest cities, making it the first time police carried out an operation in a bitcoin-related crime …

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