Tel Aviv Crypto Leaders Establish Crypto Aid Israel to Support Displaced Citizens
In response to the ongoing attacks against Israel, a group of local leaders in the crypto space has come together to create Crypto Aid Israel. The initiative aims to raise funds for displaced citizens who are in need of humanitarian aid.
Situation in Israel
Israel has been facing continuous attacks, with over 4,000 rockets fired at the country. Hamas terrorists have infiltrated communities along the Gaza Strip, and dozens of gunmen have clashed with Israeli troops in border towns like Sderot. The attacks have resulted in the death of at least 900 Israelis, with over 2,600 wounded. Official reports indicate that approximately 150 soldiers and civilians, including women and children, have been kidnapped and taken into the Gaza Strip.
Multisig Wallet and Partnerships
Crypto Aid Israel has set up a multisig wallet managed by trusted members of the local Web3 community. The wallet will accept donations in various cryptocurrencies such as BTC, ETH, USDT, and USDC. The initiative is also establishing partnerships with a leading Israeli bank and multiple government agencies to ensure efficient distribution of donations.
Asset Management with Fireblocks
Crypto Aid Israel has enlisted the help of Fireblocks to manage its crypto assets. A strict policy has been implemented requiring at least four out of seven signatories to approve any fund transfers from the wallet. All signers are respected leaders in the local Web3 space.
The Call for Support
Ben Samocha, CEO of CryptoJungle and a local crypto organizer, emphasized the urgent need for support: “Israel is currently suffering from a brutal, unprovoked attack by Hamas terrorists. Every Israeli citizen is fighting for their survival and the lives of their families. They need our utmost support, and that’s what we’re aiming to provide with Crypto Aid Israel.” The initiative aims to raise funds for food, shelter, hygiene products, and medical supplies for affected Israeli citizens, especially children who have lost their parents.
Donate Safely
It is crucial to exercise caution when donating to avoid phishing scams and cyber attacks. Always compare the crypto wallet address with the verified one on the official Crypto Aid Israel website to ensure that funds are sent to the correct address.
About Crypto Aid Israel
Crypto Aid Israel is an emergency charity initiative led by local leaders from the Israeli Web3 space. It includes organizations such as 42Studio, MarketAcross, Collider Ventures, CryptoJungle, Nilos, BlockchainB7, Efficient Frontier, Ironblocks Israel Blockchain Association, and Bits Of Gold. The initiative aims to launch a global fundraising campaign to provide humanitarian aid to Israeli citizens and families in desperate need.
Follow Crypto Aid Israel on Social Media:
Twitter | Instagram | TikTok | LinkedIn | Facebook
For Media Inquiries:
Contact [email protected] or [email protected]
Hot Take: Crypto Aid Israel Supports Displaced Citizens in the Face of Ongoing Attacks
A collective of local leaders in the Israeli crypto space has formed Crypto Aid Israel to raise funds for displaced citizens affected by the ongoing attacks. With thousands of rockets fired at Israel and terrorist infiltrations, the situation is dire. Crypto Aid Israel has established a multisig wallet and partnerships with a leading Israeli bank and government agencies for efficient donation distribution. Fireblocks is assisting with asset management, ensuring secure transactions. The initiative aims to provide essential support such as food, shelter, hygiene products, and medical supplies. It is crucial to donate safely by verifying wallet addresses on the official website. By supporting Crypto Aid Israel, you can contribute to helping Israeli citizens in need during this challenging time.
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