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Exclusive: Chinese Crypto News App CoinWorld Is Closing
Exclusive: Chinese Crypto News App CoinWorld Is Closing

Chinese crypto news portal CoinWorld is shutting down, Chinese media reported on Wednesday without saying where they got the information.

OPEC - World oil demand to reach pre-pandemic levels in 2022
OPEC - World oil demand to reach pre-pandemic levels in 2022

LONDON (Reuters) -OPEC stuck to its forecast for a strong recovery in world oil demand in the rest of 2021 and predicted oil use would rise in 2022 at similar to pre-pandemic rates, led by growth in the United States, China and India.

Exclusive:Netflix Plans to Offer Video Games in Push Beyond FIlms
Exclusive:Netflix Plans to Offer Video Games in Push Beyond FIlms

Netflix Inc., marking its first big move beyond TV shows and films, is planning an expansion into video games and has hired a former Electronic Arts Inc. and Facebook Inc. executive to lead the effort.

Dogecoin Refuses to rise Even after Elon Musk Network Upgrade Tweets
Dogecoin Refuses to rise Even after Elon Musk Network Upgrade Tweets

Dogecoin (CRYPTO: DOGE) traded 9% lower over a week at press time, but over 24 hours the cryptocurrency gained over 3%.

EXCLUSIVE:Thodex Crypto Exchange Goes Dark: $2B Fraud and near 400000 burned users!

ts, Thodex's CEO Faruk Fatih Özer fled to Thailand from Istanbul Airport on Tuesday afternoon with $2 billion worth of digital assets, further fueling the speculations on the fraud allegations.


The announcement First, the platform, which has been operating since 2017, announced a six-hour maintenance period after transaction problems were reported. Then, on Thursday, Thodex made an announcement that it will be closed "for about five working days" due to a sale process.

"World-renowned banks and funds, whose names we are going to announce when the agreement process is completed, have been wanting to invest in our company and proposed a partnership for a long time," it wrote. "For this process to be completed, transactions need to be halted and the sale process needs to be completed."

"Services will remain closed for about five working days while the share transfer is completed, but users needn’t worry about their investments."

390,000 active users Unable to withdraw their money or access their accounts, Thodex's 400,000 users, of which 390,000 were active, took to social media platforms to raise awareness of the issue, voicing their concerns about the possibility of a scam, according to Anadolu Agency.

Lawyer Oğuz Evren Kılıç told Bloomberg that he was contacted by an unspecified number of Thodex users on Wednesday and a legal complaint against the CEO has been filed on their behalf.

Just last month, Thodex had announced a giveaway of 4 million Dogecoins to reach more user numbers. However, per Bloomberg, several users tweeted they hadn't received the currency.

According to Daily Sabah, a public prosecutor in Istanbul has launched an investigation into Thodex and police are searching its offices.

CEO breaks his silence Most recently, Thodex CEO Özer finally made a comment later Thursday by publishing a statement on Thodex's Twitter account and his Instagram account.

He rejected the allegations and said that Thodex has never exploited anyone nor it will in the future. He confirmed that he left the country on April 19, but said it is for a meeting abroad. He said that he'll soon return to Turkey and that the losses of people will be compensated.

The news comes following Turkey's ban on the use of cryptocurrencies last week. According to the new rules that will be effective April 30, citizens can hold crypto, but can't use it to make payments for goods or services.


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