Israeli crypto firms are dealing with the aftermath of a surprise attack by Hamas fighters. While many of these firms are not experiencing severe disruptions to their business operations, some employees are being called up for reserve duties in the army. In response to the ongoing war, Israeli crypto firms have launched a campaign called Crypto Aid Israel to gather crypto donations to assist citizens affected or displaced by the conflict. Additionally, Israeli police have frozen cryptocurrency accounts linked to Hamas in collaboration with the crypto exchange Binance. It has been reported that Hamas, Palestinian Islamic Jihad, and Hezbollah have received over $100 million in crypto funding over the past few years.
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