Crypto Relevant Figures Assemble to Support Displaced Israeli Citizens through Crypto Aid Israel Initiative
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Several prominent figures and organizations in the digital currency sector, including 42Studio, MarketAcross, Collider Ventures, CryptoJungle, Nilos, Blockchain B7, Efficient Frontier, Ironblocks, the Israel Blockchain Association, Bits of Gold, and Cointelegraph, have combined their efforts to create Crypto Aid Israel. This global fundraising initiative aims to provide necessary humanitarian aid to Israeli citizens displaced by the ongoing conflict. The current conflict has placed a devastating burden on the civilian population, with the death toll already in the thousands. As per Haaretz, an Israeli news agency, the surprise invasion by Hamas on Saturday morning has resulted in at least 700 Israeli casualties and nearly 2,400 injuries. In addition, they reported 560 Palestinians killed and over 2,700 injured in Gaza.
Ben Samocha, the CEO of CryptoJungle, stated that the aim of Crypto Aid Israel is to provide prompt assistance to those affected by the crisis. The funds raised will be used to provide food and shelter for displaced families and also supply necessary hygiene and medical products to the bomb-blast affected civilians.
Crypto Aid Israel has set up a multisig wallet, which is monitored by notable members of the local Web3 community. People wishing to contribute to this cause can do so through their official website. Crypto Aid Israel's founders, in a press release, emphasized the importance of verifying the authenticity of the crypto wallet to prevent donors from becoming a victim of potential phishing scams and cyberattacks.
The Crypto Aid Israel initiative accepts contributions in Bitcoin and Ether. In related news, Israeli authorities have been seizing digital currency from terrorist groups and crediting recent technological advancements.
Published At
10/9/2023 5:30:13 PM
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