Turkish prosecutors investigate alleged $119M Dogecoin mining scam

Turkish media reports that authorities there are investigating an alleged Dogecoin mining scam that  pulled the rug on investors after amassing $119 million worth of deposits.
An Aug. 23rd report from local channel TV100 broke the news, with police identifying pseudonymous online avatar “Turgut V.

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Major Turkish sports club Fenerbahçe issues fan token on Ethereum

Fenerbahçe S.K., one of the three biggest sports clubs in Turkey, issued its own fan token on the Ethereum blockchain through a new partnership with local crypto exchange Paribu. The initial presale of 500,000 unlocked tokens was completed on Monday, netting the club 15 million Turkish lira ($1.

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Bitcoin mining ban an easy decision for China, says Bitmain EMEA partner

Two weeks after a 15% increase in electricity prices in Turkey, a new store selling professional mining equipment has opened its doors in Istanbul —the business hub of the country— on July 13.
Opening a mining equipment shop in a country with costly electricity seems counterintuitive.

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Socios partners with Turkish soccer club union to explore digital revenue models

The soccer world continues to seek out new revenue models amid the coronavirus pandemic, which saw the suspension of league matches in some countries, and new partnerships form to find sustainable answers in the digital space.

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Premier League’s Wolverhampton Wanderers soccer club to launch fan token

The English Premier League’s Wolverhampton Wanderers Football Club will launch fan tokens under a new partnership with Turkish blockchain platform Bitci Technology.
The Premier League is the most followed soccer league in the world, Bitci’s announcement reads.

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