#turkishlira — Public Fediverse posts

Turkey's central bank surprises markets with 350 basis point rate hike to 46%, citing ongoing inflation concerns and efforts to strengthen the Turkish lira
#YonhapInfomax #TurkeyCentralBank #InterestRateHike #Inflation #MonetaryPolicy #TurkishLira #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=59257

Turkish lira's value crashes amid political turmoil, with dollar-lira exchange rate surging 11.08% and Istanbul stock market temporarily halting trading due to sharp declines.
#YonhapInfomax #TurkishLira #ExchangeRate #BorsaIstanbul #PoliticalUncertainty #StockTrading #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=54781

There seems to be a new variant of the North Korean malware #FASTCASH that hacks ATMs. The interesting quirk is that the only currency it steals is... Turkish Lira? This makes more sense when you consider that:

1) Over the last 1.5 or so years most big crypto exchanges have been making moves towards Turkey (opening offices, sponsoring local events, etc.)

2) DPRK loves stealing crypto but cashing out is still a challenge for them

While this malware just looks like it engages in outright theft I have a strong hunch that laundering stolen crypto is a factor here.

thread: https://x.com/haxrob/status/1845307197913432282
[UPDATE] IOCs here: https://otx.alienvault.com/pulse/670ead49449b8caec5e64437

#NorthKorea #DPRK #cybersecurity #ATMJackpotting #infosec #Turkey #Turkiye #Istanbul #crypto #cryptocurrency #malware #TurkishLira #currency #ATM #ATMs #scams #theft

Bybit Türkiye Gains Recognition as a Crypto Asset Service Provider by Turkish Regulator - Bybit Türkiye, the partner platform of global cryptocurrency exchange Bybit, has b... - https://news.bitcoin.com/bybit-turkiye-gains-recognition-as-a-crypto-asset-service-provider-by-turkish-regulator/ #cryptocurrencyexchange #capitalmarketsboard #regulatoryapproval #narkasayazılım #bybittürkiye #cryptoasset #turkishlira #regulation #bitcoin #tether #turkey

Turkish Citizens Seek Refuge in Gold and Stablecoins Amid Surging 67% Inflation Rate - According to February 2024’s latest inflation data, Turkey faces an inflation rate... - https://news.bitcoin.com/turkish-citizens-seek-refuge-in-gold-and-stablecoins-amid-surging-67-inflation-rate/ #cryptocurrencies #turkishcitizens #goldsmuggling #turkeyeconomy #stablecoins #turkishlira #economics #crypto #turkey #gold #usdt #xaut

CBRT maintains the policy rate at 45% in January, citing inflation pressures from time-sensitive price adjustments and geopolitical risks. external financing conditions and effective monetary policy contribute to Turkish lira stability. Policy rate to stay until a significant, permanent decline in inflation trend. #TurkishLira #MonetaryPolicy #InflationExpectations #CBRT #InflationStable

CBRT maintains the policy rate at 45% in January, citing inflation pressures from time-sensitive price adjustments and geopolitical risks. external financing conditions and effective monetary policy contribute to Turkish lira stability. Policy rate to stay until a significant, permanent decline in inflation trend. #TurkishLira #MonetaryPolicy #InflationExpectations #CBRT #InflationStable

CBRT assessed that inflation expectations and pricing have improved slightly, while external financing conditions have strengthened, reserves have increased, the current account balance has improved and demand for Turkish lira assets has continued. #EconomicAssessment #TurkishLira #EconomicOutlook #MonetaryPolicy #CurrencyMarkets #TurkishEconomy
#CBRTStatement

CBRT assessed that inflation expectations and pricing have improved slightly, while external financing conditions have strengthened, reserves have increased, the current account balance has improved and demand for Turkish lira assets has continued. #EconomicAssessment #TurkishLira #EconomicOutlook #MonetaryPolicy #CurrencyMarkets #TurkishEconomy
#CBRTStatement

Report: Turkey Exits From Foreign Exchange Protected Deposit Program - On Jan. 1 Turkey ended its two-year-old foreign exchange (FX)—protected deposit pr... - https://news.bitcoin.com/report-turkey-exits-from-foreign-exchange-protected-deposit-program/ #de-dollarization #liradepreciation #dollarization #exchangerate #turkishlira #economics

Bitcoin price hits all-time highs across Argentina, Nigeria and Turkey - The new all-time highs come despite Bitcoin still being down over... - https://cointelegraph.com/news/bitcoin-price-all-time-highs-across-argentina-nigeria-turkey #internationalmonetaryfund #inflationhedge #argentinepeso #nigeriannaira #egyptianpound #storeofvalue #turkishlira #laotiankip #ars #ngn #try #egt

Just Over Half of Turkey’s Adults Invested in Crypto Assets Between Nov. 2021 and May 2023 — Study - In the 18 months between Nov. 2021 and May 2023, the proportion of Turkish adults who inv... - https://news.bitcoin.com/just-over-half-of-turkeys-adults-invested-in-crypto-assets-between-nov-2021-and-may-2023-study/ #bitcoinadoptionturkey #cryptoinvestors #digitalassets #turkishlira #johnnylyu #featured #kucoin #nfts

Turkish Lira Plunges to Record Low a Day After Central Bank’s Interest Rate Policy U-Turn - The Turkish lira fell to 25.74 per dollar just under a day after the central bank ... - https://news.bitcoin.com/turkish-lira-plunges-to-record-low-a-day-after-central-banks-interest-rate-policy-u-turn/ #liradepreciation #hafizegayeerkan #goldmansachs #mehmetsimsek #turkishlira #economics

BUSD Stablecoin Drops from Top 10 Crypto Assets Amid Significant Decrease in Dominance - After Paxos announced that it would no longer mint the stablecoin BUSD, 4.98 billi... - https://news.bitcoin.com/busd-stablecoin-drops-from-top-10-crypto-assets-amid-significant-decrease-in-dominance/ #decentralization #stablecoinassets #assetmanagement #digitalcurrency #cryptocurrency #tradingvolume #binancebusd #circulation #stablecoins #turkishlira #blockchain #redemption #stablecoin #coingecko