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Crypto

20 stories about Crypto

Crypto mobile payment app Oobit raises $25 million Series A

05.02.24|CTech

The Israeli-founded startup allows crypto holders to tap and pay at more than 100 million retailers globally where Visa and Mastercard are accepted, while merchants receive fiat currency

מלחמת עזה מחבלי חמאס חוצים את גדר המערכת ל עוטף עזה על גבי אופנועים 7.10.23

The limits of high-tech solutions were exposed for all to see in 2023

31.12.23|Viki Auslender

There is a need to move beyond blind faith in technology, considering the societal implications and responsibilities associated with technological innovations

מטבעות קריפטו ביטקוין את'ר צניחה ירידת מחירים

Crypto's not for everyone, which is why it needs to be institutionalized

28.11.23|Viki Auslender

Binance, the largest crypto exchange in the world, will pay a huge fine of $4.3 billion. Sam Bankman-Fried, the founder of the collapsed FTX, is headed to prison for decades. Celsius was revealed to be a house of cards and went bankrupt. Despite this, the crypto market is actually making its way to the next step: institutional adoption

המנהיג העליון של אירן עלי ח'מינאי מטבעות קריפטו עלי חמינאי

The crypto path: How terrorist organizations finance their activities under the radar

15.11.23|Viki Auslender

Terrorist organizations use thousands of digital currency wallets and unregistered crypto exchanges through Iranian banks to conceal their funding sources. New research reveals that as of 2021, about 5,000 crypto wallets have transferred at least $7 billion without any response from enforcement authorities

America cracks down on crypto terror

06.11.23|Viki Auslender

As Israel’s war with Hamas continues, the American government took a series of measures against the crypto market and those who use it to finance terrorism. Among other things, sanctions were established against Hamas operatives and a cryptocurrency exchange in Gaza, who also transferred funds to ISIS

Terror fundraiser: Even after the massacre, Hamas keeps collecting donations through crypto and banks

26.10.23|Viki Auslender

Although the Israeli police announced the freezing of the terrorist organization's accounts in crypto and Barclays Bank, access has been opened again and donations are flowing in. The cutting of resources of global enforcement bodies is a major factor that makes this possible

Moshe Hogeg accused of defrauding investors of $290 million through sham crypto projects

23.08.23|Liran Levi, Ynet

The investigation into the former owner of Beitar Jerusalem unveiled his recruitment of numerous investors globally for projects that were never realized. Utilizing the raised funds, he funded an opulent lifestyle and paid dozens of women for sex. The case has now been handed over to the prosecutor's office

Pensioner gives up fight with bank to deposit massive bitcoin savings

06.08.23|Lital Dobrovitsky

70-year-old Esther Freeman invested around $3,000 in Bitcoin 10 years ago, but Israel's Bank Hapoalim was unwilling to accept her 100x profits. She filed a lawsuit two years ago, but on Sunday both parties officially announced that they agreed to dismiss the case. Since filing the lawsuit, Bitcoin’s price has fallen by around 50%

eToro valued at $2.5 billion in massive $120 million secondary deal

31.07.23|Sophie Shulman

The buyers in the transaction are two of the largest investors from the company's previous funding round

משה חוגג יושב ראש ו בעלים של ביתר ירושלים

Moshe Hogeg returns to crypto business with Tomi while he awaits decision on fraud charges

11.06.23|Amir Kurz and Viki Auslender

Hogeg, who was arrested about a year and a half ago, among other things, on suspicion of defrauding crypto investors of hundreds of millions of dollars, revealed last week at a conference in Marrakech that he is part of the team behind cryptocurrency Tomi

The environmental pollution behind the boom in artificial intelligence

23.04.23|Viki Auslender, Shani Ashkenazi

Huge server farms that power AI have a climate impact that could increase to 14% of global carbon emissions

Twitter partners with Israel-founded eToro to offer stocks and crypto on the platform

13.04.23|James Spiro

It is understood that the partnership will expand Twitter’s ‘cashtags’ to cover many more asset classes and include a button that will send users directly to the eToro website

צ'נגפנג זאו CZ מייסד ומנכ"ל בייננס Binance קריפטו

Israeli regulators investigating Binance again after ordering it to shut unlicensed local activity last year

15.02.23|Golan Hazani

The Capital Market Authority is checking information according to which the Binance crypto exchange has returned to operating in Israel through a local website, even though it did not receive a license to do so

Nilos raises $5.2 million to unify crypto and fiat treasuries for businesses

21.09.22|James Spiro

The company provides a platform for businesses to connect crypto wallets, corporate bank accounts, and payment service providers to centralize all their treasury operations

Israelis suspected of laundering millions through crypto after defrauding French state treasury

15.08.22|Omer Kurtz

After an undercover investigation in cooperation with Europol and the French police, three people were arrested by Israel police suspected of stealing and laundering tens of millions of shekels

How to find 8,000 bitcoins buried under 110,000 tons of garbage

04.08.22|Roni Dori

In the depths of a landfill in Wales rests a hard drive with bitcoins currently worth around $185 million. James Howells, the man who accidentally threw the drive in the trash nine years ago, explains his crazy plan to locate, extract and restore the lost coins

Web3 gaming studio UnCaged, builder of MonkeyLeague, raises $24 million Series A

14.07.22|CTech

The Israeli startup developed its esports franchise on its own platform, which is also designed to support both Web3-native studios and Web2 development houses looking to jump into the crypto gaming ecosystem

מייסדי צלזיוס מימין אלכס משינסקי ו דניאל לאון

Crypto lender Celsius is "deeply insolvent", says U.S. state regulator

13.07.22|Reuters and CTech

Celsius has been involved in an unregistered securities offering, selling cryptocurrency interest accounts to retail investors including investors in Vermont, said Vermont's Department of Financial Regulation (DFR). State securities regulators in Alabama, Kentucky, New Jersey, Texas and Washington are investigating the company's decision to suspend customer redemptions

Crypto lender Celsius sued for being a Ponzi scheme

08.07.22|Reuters and CTech

A former investment manager at the ailing American-Israeli cryptocurrency platform claims it used customer deposits to rig the price of its own crypto token and failed to properly hedge risk

How banks, regulation, and the business world are addressing the current crypto crisis

23.06.22|Tal Weiser

“The crisis is an opportunity to examine fundamental issues in the market, resolve regulatory issues and instill confidence among all stakeholders,” writes Tal Weiser, Managing Director Sales, Global Services International Payments at Finastra

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