Crypto Aid Israel, a collective formed less than two weeks ago, has raised over $185,000 and distributed aid to several humanitarian groups. The organization has completed two rounds of aid distribution, totaling around $50,000. Beneficiaries include the Foundation for Advancing Citizens of Eshkol Regional Council, Zaka, Lev Echad by Or Hanegev veHagalil, and Latet. Donations can be made through a multisignature wallet on Crypto Aid Israel's website. The initiative is led by the Israeli Web3 community, with support from companies like KPMG, Zengo, Fuse, Wonderland, and Psagot Equity.