Israel Takes Swift Action, Freezes Hamas’ Crypto Funds

Israel Takes Swift Action, Freezes Hamas’ Crypto Funds

Crypto Aid Israel raises funds for conflict-affected Israelis with a multi-signature wallet, supported by Israeli banks and regulators.
Hamas’ terrorist organization launched a fundraising campaign on social networks, encouraging people to deposit cryptocurrencies into their accounts.
In the wake of escalating tensions between Israel and Hamas, the global cryptocurrency market has exhibited heightened volatility, mirroring the unrest in the geopolitical landscape. The conflict has given rise to significant concerns for both investors and the broader digital asset ecosystem. However, amidst the turmoil, unique developments have emerged, with the crypto community and regulatory bodies responding to the crisis in distinctive ways.
In a show of solidarity with Israeli citizens affected by the ongoing hostilities, the crypto and web3 communities in Israel have come together to establish “Crypto Aid Israel.” This humanitarian initiative aims to raise funds for those displaced and in de

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