Altcoin News Official TheBitTimes.com

Just over a year after suffering a $55 million hack, Turkish crypto exchange BtcTurk has been attacked again, this time losing tokens worth $49 million. BtcTurk has acknowledged the suspicious withdrawals via an announcement on X, assuring users that their funds will not be affected. Blockchain security firm Cyvers flagged losses across seven blockchain networks, including Ethereum, Avalanche, and various ETH L2s. ALERT$48M worth of digital assets have been detected in unusual activity across multiple chains involving Turkish exchange @btcturk About 30 minutes ago, our system detected multiple alerts across $ETH, $AVAX, $ARB, $BASE, $OP, $MANTLE, and $MATIC networks. Most funds were… pic.twitter.com/ss4a7O2hUd — Cyvers Alerts (@CyversAlerts) August 14, 2025 Read more: Crypto exchange WOO X suspends withdrawals, users hacked for $14M The stolen funds are currently spread across three addresses, identified by fellow security firm SlowMist; 0xa041 holds appro...

China’s electric vehicle maker BYD will begin building a $1 billion manufacturing facility in Turkey for its electric vehicles. To avoid unprecedented EU tariffs on imported cars, the Chinese carmaker has signed a $1 billion deal with the Turkish government to set up shop in the region. JUST IN: Chinese electric vehicle maker BYD to build $1 billion manufacturing facility in Türkiye. This factory will produce 150,000 electric and hybrid cars annually. This strategic move is aimed at enhancing the company's logistical efficiency in serving its European… pic.twitter.com/tKLHljCS3t — BRICS News (@BRICSinfo) July 9, 2024 The BYD factory will produce 150,000 electric and hybrid cars each year, according to reports. The strategic move is aimed at enhancing BYD’s logistical efficiency in serving its European customers. BYD’s decision also comes in the wake of the European Union’s recent decision to impose an additional 17.4% tariff on electric vehicles imported ...