BtcTurk Turkey’s Second-Largest Crypto Exchange Loses $48M in Major Hack – What’s Happening?

BtcTurk, a major crypto exchange in Turkey, has reported a suspected $48M multi-chain breach targeting hot wallets. Cryptocurrency deposits and withdrawals are suspended, but fiat transactions remain unaffected as security teams investigate in coordination with blockchain analysts.
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ETH Roars Toward Record as BlackRock Drives $640M Inflow: CryptoQuant Urges Caution

ETH has neared an all-time high after touching $4,781.24. US spot ETFs have drawn $1B in one day, led by BlackRock ETHA $640M and Fidelity FETH $277M. Spot volume has exceeded Bitcoin’s, while higher exchange inflows have pointed to profit-taking. The ETH/BTC ratio has crossed its 365-day average.
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Stablecoin Speculation Triggers Swings, Hong Kong SFC and HKMA Caution Investors

Hong Kong’s financial regulators have addressed recent stablecoin-related market volatility, stressing that licence approvals hinge on meeting stringent requirements. They urged investors to avoid relying on speculation or early-stage announcements when assessing market prospects.
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