The cryptocurrency and web3 community in Israel announced the creation of Crypto Aid Israel to raise funds to help citizens affected by the war with Hamas. The organization will accept donations in a variety of cryptocurrencies, including BTC, ETH, USDT and USDC.
Several Israeli banks and regulators have joined the initiative, providing support for the transfer of crypto assets. Fireblocks will manage these assets.
Crypto Aid Israel has established a strict policy requiring the signature of four out of seven participants in order to move funds from the wallet. Alliance members include Fireblocks, MarketAcross, Collider Ventures, CryptoJungle and Israel Blockchain Association.
The goal of the initiative is to raise funds for food, housing, medical and hygiene products for the affected population of Israel.
Several Israeli banks and regulators have joined the initiative, providing support for the transfer of crypto assets. Fireblocks will manage these assets.
Crypto Aid Israel has established a strict policy requiring the signature of four out of seven participants in order to move funds from the wallet. Alliance members include Fireblocks, MarketAcross, Collider Ventures, CryptoJungle and Israel Blockchain Association.
The goal of the initiative is to raise funds for food, housing, medical and hygiene products for the affected population of Israel.