Category: israel
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Israeli Crypto Firm Launches Pilot for First Shekel-Backed Stablecoin
WSJ debacle fueled US lawmakers’ ill-informed crusade against crypto
The Wall Street Journal corrected its misreporting about crypto funding Hamas, but it was too late to stop lawmakers from amplifying false claims.
Elizabeth Warren uses Hamas as her newest scapegoat in war on crypto
Massachusetts Sen. Elizabeth Warren is taking advantage sensationalist claims related to Hamas’ use of crypto. Unfortunately, those claims are largely false.
FinCEN issues alert regarding crypto transactions connected to Hamas
The government department warned virtual asset service providers and other financial institutions to “identify and report suspicious transactions” related to terrorist groups.
Crypto Aid Israel raises $185K, distributes aid to 4 organizations, in 10 days
The organization is a collective of Israeli Web3 community members and international companies striving to alleviate suffering in the south of Israel.
US Treasury sanctions Gaza-based crypto operator allegedly tied to Hamas
According to the U.S. Treasury, terrorist groups including Hamas, ISIS, and an al-Qaeda affiliate used the Buy Cash Money and Money Transfer Company to transfer funds.
Tether freezes $873,000 USDT linked to terrorist activity in Ukraine, Israel
The stablecoin issuer freezes addresses containing $873,000 USDT linked to illicit activity in Israel and Ukraine.
Binance freezes Hamas-linked accounts after Israeli request
The freeze does not affect Binance accounts owned by ordinary Palestinian civilians.
Local Web3 community launches ‘Crypto Aid Israel’ to help displaced citizens
The charity campaign aims to raise funds for humanitarian aid to help Israelis affected by the recent conflict.