Crypto Currency

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Crypto Currency

Shekel-pegged digital currency hits the market, but it's VIP only

Bits of Gold launches pilot for stablecoin pegged to shekel, not open to speculative trading and yield-free; it will be issued solely based on demand, exclusively for predefined clients

Vicky Auslander, Calcalist | 03.16.24

Bitcoin soars: a stellar 35% surge marks 2023's bullish crypto comeback

Digital currency soars over 5%, hitting a 2+ year peak due to increased basket fund demand and MicroStrategy's investment, boosting its Bitcoin portfolio to $10B; Ethereum also jumps, reaching $3,284

Shir Reiter, Calcalist | 03.01.24

The dark side of crypto in Gaza: terrorism's preferred currency

Israel's strike on Iran's financier in Gaza led Hamas to seek new funding methods from Tehran, turning to digital currencies for their anonymity, ability to bypass embargoes and concealment of money trails, eliminating the need for cash smuggling

Tzippy Shmilovitz | 01.02.24

How Israel failed to stop Hamas' cryptocurrency flow

Despite moves by security authorities in Israel to attempt to freeze Hamas' considerable crypto assets, an inspection of the terrorist organization's crypto wallets shows significant activity

Milan Czerny/Shomrim | 11.15.23

Israeli tech company is preventing crypto millions from reaching Hamas

The war in Gaza is being fought on multiple battlefields, including the financial one; startup Lionsgate Network is identifying and intercepting crypto wallets associated with Hamas

Hillel Fuld | 11.13.23

Fruits of power: While most of Gaza live hand to mouth, Hamas makes 6-figure incomes

Utilizing crypto, narcotics smuggling and real estate, Hamas has been diligent in securing the requisite funds to fortify the enclave while planning to attack Israel, paying lip service to the Gazan civilian's plight to neutralize international scrutiny

Tzippy Shmilovitz | 10.29.23

Bankman-Fried fraud trial begins

Alleged cryptocurrency fraudster faces seven counts of wire fraud, money laundering and violations of securities laws among other crimes; Bankman-Fried denies all charges

Tzippy Shmilovitz, New York | 10.03.23

The South Pacific island nation that fell prey to cynical billionaires

Crypto exchange FTX founder Sam Bankman-Fried aimed to purchase Nauru, joining a history of nations and billionaires trying to exploit the tiny island; Nauru's challenges—economic instability, depleted resources and public health crises—serve as a cautionary tale, revealing the enduring scars of unchecked colonialism and rampant capitalism

Viki Auslander, Calcalist | 09.15.23

The head of the snake: Israel police bust international crypto fraud ring

Watch: Cops raid Ramat Gan offices of company behind ‘sting software’ used by criminal gangs, both domestic and foreign, to defraud investors of tens of millions of euros; Ynet joined the operation and captured the dramatic moments

Liran Levi | 09.05.23

PayPal launches US stablecoin: How it works, and who can use it?

The payments company, which has been suffering from a disappointing financial performance of late, is trying its hand at cryptocurrency with the launch of PYUSD - linked to the dollar, the company promises that at any given moment the customers will be able to redeem their coins

Viki Auslender | 08.09.23

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Adam Boehler Ahmad al-Sharaa Antisemitism Azerbaijan Baking Benjamin Netanyahu Brain Cease-fire Cheese Cyber