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Israel
Israeli Crypto Firms Scramble to Deal With War, in Between the Sirens
Few operational disruptions were reported, but some crypto employees were getting called up for reserve duty. Executives and developers coped with the stress of attending funerals, responding to security warnings and encountering supermarket shortages.
Crypto Traders See Over $100M in Liquidation Losses Amid Middle East Turmoil
CoinGlass data shows crypto traders suffered over $100 million of losses from liquidations following the unprecedented Hamas attack on Israel. First Mover host Lawrence Lewitinn and CoinDesk's chief content officer Michael J. Casey discuss what is happening in the crypto markets.
Crypto Outlook as Market Braces for Spread of Israeli-Hamas War
Ongoing tensions in the Middle East could spill over to the crypto markets and cause a short-term decline in riskier assets such as bitcoin (BTC). This comes as crypto traders suffered over $100 million of losses from liquidations, according to CoinGlass data. First Mover host Lawrence Lewitinn and CoinDesk Chief Content Officer Michael J. Casey discuss their crypto markets outlook.
Israel-Hamas Conflict Underscores Importance of Crypto Donation Models: Endaoment CEO
On-chain charitable funding platform Endaoment is putting together a community fund for humanitarian aid organizations, following the unprecedented Hamas attacks on Israel. Endaoment President and CEO Robert Heeger discusses the future of charitable giving, along with launching stock and cash donations for crypto and non-crypto donors.
Hamas-Linked Crypto Accounts Frozen by Israeli Police, With Binance's Help: Report
Israeli authorities had previously seized around 190 Binance accounts with alleged ties to terrorist groups.
Israel War Prompts Crypto Firms Including Fireblocks, MarketAcross to Start Aid Fund
The organization will host a multi-signature wallet to collect donations for Israelis in multiple cryptocurrencies, including bitcoin (BTC) and ether (ETH) as well as the dollar-linked stablecoins USDT and USDC.
Hong Kong-Israel CBDC Project Examines Security, Privacy, Accessibility
Project Sela claims to settle directly on central bank balance sheets without compromising people's data
Israel Consults Public on DAO Regulation, Sets Up Special Examination Team
The team will examine required corporate status, taxation and other aspects of DAOs to "create legal certainty" and reduce risks, the government has said.
Israeli Lawmakers Support Axing Crypto Capital Gains Tax for Foreigners
A bill exempting foreign residents from capital gains taxes on crypto sales, and lowering tax on stock-options-like crypto options for employees has passed a preliminary reading in the Knesset.
