Tag: Israel

Bitcoin Dips Below $60K as Israel Launches Strike on Iran

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Bitcoin Drops As Iran Launches Missile Attack On Israel

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The price of Bitcoin took a nose dive on Saturday following reports of Iran launching missile and drone attacks on Israel. Alongside the market leader, many other prominent cryptocurrencies also experienced a significant selloff as news of a brewing international conflict in the Middle East circulated on the internet. Bitcoin Suffers Major Decline For Second Consecutive Day According to multiple reports on April 13, Iran commenced a drone attack against Israel in retaliation to an attack on an Iranian diplomatic building in Syria on April 1 which claimed the lives…

Hamas Leader Says Israel Killing His Children Won’t Change Ceasefire Stance

Hamas chief Ismail Haniyeh said the Palestinian group will not budge from its position on deadlocked ceasefire negotiations after Israeli forces killed three of his children and four of his grandchildren in northern Gaza on Wednesday. Haniyeh, who is based in Qatar, confirmed the deaths of his sons Hazem, Amir, and Mohammed, who he said had been visiting relatives for Eid al-Fitr, the celebration of the end of Ramadan, at Shati refugee camp when they were targeted. Hamas also said in a statement that four of Haniyeh’s grandchildren—Mona, Amal, Khaled,…

Binance Exchange Slapped With a Lawsuit in New York by Victims of October 7 Hamas Attack on Israel: Report

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The world’s largest crypto exchange platform by volume is reportedly being sued in New York by the victims of the October 7th Hamas attack on Israel. According to a new report by ABC News, Binance is being sued by the families of the victims for allegedly providing the terrorist group with a funding mechanism. The lawsuit, which was filed earlier this week by an American woman freed from Gaza and the families of two men killed during the October 7th attack, accuses Binance of processing numerous transactions for Hamas between…

Crypto Aid Israel raises $185K in 10 days, distributes aid to 4 organizations

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The Crypto Aid Israel collective has raised over $185,000 since its creation less than two weeks ago and has distributed aid to several humanitarian groups.  The organization has carried out two rounds of aid distribution so far, dispensing around 200,000 shekels ($50,000). Nongovernmental organizations benefitting from its efforts include the Foundation for Advancing Citizens of Eshkol Regional Council, which has provided transportation and shelter to people living close to Gaza. Zaka has received funds to purchase medical equipment and protective gear for its workers on the front lines. Related: Crypto donations…

Tether Freezes 32 Crypto Addresses Linked To Terrorism In Israel And Ukraine

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Tether, the world’s largest stablecoin company, has reaffirmed its commitment to combating cryptocurrency-funded terrorism and warfare by collaborating with law enforcement agencies worldwide.  The company has frozen 32 addresses containing $873,118.34, allegedly linked to illicit activities in Israel and Ukraine.  Tether Collaborates With Global Law Enforcement According to a blog post on October 16, Tether has played a significant role in assisting 31 law enforcement agencies across 19 jurisdictions, freezing $835 million in assets primarily associated with thefts from blockchain and exchange hacks.  The company’s collaborations span various countries, including…

Tether freezes $873K USDT linked to terrorist activity in Ukraine, Israel

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Stablecoin issuer Tether has moved to freeze 32 addresses linked to terrorist activity in Israel and Ukraine in collaboration with local law enforcement agencies. $873,118 worth of Tether (USDT) linked to illicit activity in Israel and Ukraine have been frozen, according to an announcement from the company. The action was taken in collaboration with Israel’s National Bureau for Counter Terror Financing. Paolo Ardoino, who was appointed as Tether CEO in October, highlighted the fact that cryptocurrency transactions are easily traced on blockchain platforms, enabling Tether to assist in blocking the…