Crypto Aid Israel Raises Over $185,000 to Support Israelis Affected by Hamas Terrorism
Crypto Aid Israel, a collective of leaders in the crypto space, has made significant progress in its mission to support Israelis impacted by the ongoing wave of Hamas terrorism. The initiative has raised over $185,000 USD (approximately 700,000 NIS), demonstrating the solidarity and collective power of the crypto community.
More than 30 companies have joined the cause, with notable participation from KPMG, which is assisting with fundraising and distributions. Other major contributors include Zengo, Fuse, Wonderland, Psagot Equity, and more.
Aid Distribution to Organizations at the Forefront
Crypto Aid Israel is proud to announce that it has completed two rounds of aid distribution to organizations leading the relief efforts. These contributions amount to 200,000 NIS and aim to make a tangible impact on the lives of those in need.
Foundation for Advancing Citizens of Eshkol Regional Council
This organization supports Israel’s southern communities during times of conflict by providing essential services and products. Funding from Crypto Aid Israel went towards supporting transportation and shelter for citizens residing in areas close to Gaza but not officially recognized by the Israeli government.
Zaka
Zaka is an Israeli volunteer-based NGO specializing in search and rescue and emergency medical services. Funding from Crypto Aid Israel helped secure critical medical equipment and ceramic vests for Zaka’s volunteers operating on the front lines.
Lev Echad by Or Hanegev veHagalil
This NGO supports at-risk youth and promotes social inclusion in Israel through educational programs. Funding from Crypto Aid Israel provided essential provisions like food, hygiene products, and clothing to individuals who chose to remain in regions adjacent to Gaza to support the municipalities and Kibbutzim.
Latet
Latet is an Israeli non-profit organization combating poverty and providing humanitarian aid. Funding from Crypto Aid Israel enabled a large-scale operation in the south, delivering food and hygiene boxes to citizens in urgent need, including families, elderly people, Holocaust survivors, and reservists operating in the field.
Phishing Attacks and Website Disruption
Crypto Aid Israel has unfortunately been targeted by phishing attacks, emphasizing the need for increased vigilance. The organization’s website also experienced a brief disruption due to concerns about potential fraudulent activities. These incidents highlight Crypto Aid Israel’s commitment to transparency and legitimacy.
Hot Take: Crypto Aid Israel Making a Difference in Times of Crisis
Crypto Aid Israel’s efforts in supporting Israelis affected by Hamas terrorism have been commendable. With over $185,000 raised and contributions from various companies, the initiative has made a significant impact. Two rounds of aid distribution have already taken place, benefiting organizations at the forefront of relief efforts.
By providing essential support to communities in need through partnerships with NGOs like Foundation for Advancing Citizens of Eshkol Regional Council, Zaka, Lev Echad by Or Hanegev veHagalil, and Latet, Crypto Aid Israel is making a tangible difference. Despite facing phishing attacks and website disruptions, the organization remains dedicated to transparency and legitimacy.
The global crypto community’s unwavering support is crucial in helping Crypto Aid Israel continue its mission of providing aid and relief to those affected by terrorism.
About Crypto Aid Israel
Crypto Aid Israel is an emergency humanitarian initiative led by influential leaders within the Israeli Web3 community. It comprises organizations such as 42Studio, MarketAcross, Collider Ventures, CryptoJungle, Nilos, BlockchainB7, Efficient Frontier, Ironblocks, Israel Blockchain Association, Bits Of Gold, and KPMG. The campaign aims to offer support to Israeli citizens and families in urgent need of humanitarian assistance.
Visit and donate at: https://cryptoaidisrael.com/
Crypto Aid Israel, a collective of local leaders in the crypto space, is pleased to report substantial progress in our mission to support Israelis affected by the ongoing wave of Hamas terrorism. The community-backed initiative has raised over $185,000 USD (approximately 700,000 NIS), representing a testament to the solidarity and collective power of the Web3 and crypto community.
Over 30 companies have rallied to support the cause, with notable participation from accounting giant KPMG which is providing assistance with fundraising and distributions. Other major companies contributing to the campaign via awareness or financial contributions include crypto wallet provider Zengo, Fuse, Wonderland, Psagot Equity and many more.
Crypto Aid Israel is also proud to announce two completed rounds of aid distribution to several organizations at the forefront of the relief efforts. These contributions, totalling 200,000 NIS, are intended to make a tangible impact on the lives of those in need.
The NGOs who have already received funding from Crypto Aid Israel include:
Foundation for Advancing Citizens of Eshkol Regional Council
This organization supports the well-being and resilience of Israel’s southern communities, particularly in times of conflict, by providing essential services and products.
Funding went to supporting the transportation and shelter needs of citizens who, despite residing in areas close to Gaza, are not officially recognized as such by the Israeli government. This assistance enables impacted individuals to seek safety and refuge.
Zaka
This is an Israeli volunteer-based NGO specializing in search and rescue, disaster response, and emergency medical services, often working in the aftermath of major incidents and emergencies.Funding went to securing critical medical equipment and ceramic vests for Zaka’s volunteers who are operating on the front lines.
Lev Echad by Or Hanegev veHagalil
An NGO committed to supporting at-risk youth and promoting social inclusion in Israel through various educational and empowerment programs.
Funding went to providing essential provisions, notably food, hygiene products, and clothing to individuals who have chosen to remain in regions that are adjacent to Gaza to protect and support the municipalities and Kibbutzim.
Latet
Latet is an Israeli non-profit organization dedicated to combating poverty and providing humanitarian aid to disadvantaged communities, with a focus on food security and social assistance.
Funding went to launch a large-scale operation in the south, providing food and hygiene boxes to citizens in urgent need with limited access to food and resources – those still in the south and those who have been evacuated to other locations, families in need, elderly people, Holocaust survivors and reservists operating in the field.
“We believe that while modest initially, the crypto channel is an important, speedy and innovative one and will enable new contributors to join our global ecosystem and support Israel in such an important hour,“ added Crypto and New Digital Initiatives advisor to Latet’s board, Eyal Gura.
“Once we realized the scale of the disaster and have realized it’s Israel’s most challenging times, Latet started to work in an emergency mode. As we did in the past, in over 25 national disasters globally and locally, we allocated the entire organization infrastructure to enable immediate aid to the families in need and will continue to execute as long as it will take.”
Regrettably, Crypto Aid Israel has been the subject of serious phishing attacks, underscoring the ongoing need for heightened vigilance during these challenging circumstances. This concerning development was addressed in a recent Ynet News report. Additionally, a brief disruption in our website’s service occurred, lasting less than 30 minutes. This interruption was promptly addressed by our hosting provider, driven by concerns about potential fraudulent activities masquerading as Crypto Aid Israel—an affirmation of our unwavering dedication to transparency and legitimacy.Tim Freed, a senior leader within Crypto Aid Israel commented:
“We are deeply humbled by the outpouring of support from the global crypto community. Together, we have made significant strides in our mission to assist those affected by the recent wave of Hamas terrorism. The completion of two rounds of aid distribution shows how crypto can be used as a force of good in the world. Our commitment to transparency and legitimacy remains unwavering, and we are determined to continue our efforts in providing aid and relief to those in need.”
Crypto Aid Israel expresses its gratitude to the global crypto community for its unwavering support.
About Crypto Aid Israel
Crypto Aid Israel is an emergency humanitarian initiative led by influential leaders within the Israeli Web3 community. Comprising organizations such as 42Studio, MarketAcross, Collider Ventures, CryptoJungle, Nilos, BlockchainB7, Efficient Frontier, Ironblocks, Israel Blockchain Association, Bits Of Gold and KPMG. This global fundraising campaign aims to offer support to Israeli citizens and families in urgent need of humanitarian assistance.
Visit and donate at: https://cryptoaidisrael.com/
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