Crypto Aid Israel, an emergency relief fund created to support Israeli victims of Hamas terrorism, has received over $185,000 in donations despite suffering a phishing attack. The initiative has distributed 200,000 NIS, around $49,000, to various organizations spearheading the relief efforts in the region. Beneficiaries of the donations include the Foundation for Advancing Citizens of Eshkol Regional Council, Zaka, Latet, and Lev Echad. The funds are being used for search and rescue movements, securing medical equipment, and providing essential provisions like food and transportation for needy citizens. Despite facing challenges such as a phishing attack and a brief disruption to its website, Crypto Aid Israel has enjoyed support from more than 30 companies, including KPMG and Zengo. The initiative was launched following a terrorist attack from Hamas on Israelis, prompting a broader discussion on the regulation and transparency of digital assets. Regulators worldwide are taking action to clamp down on Hamas’s financial resources, including recent sanctions on a Gaza-based crypto broker and its operator.

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Information	Details
Geography	Middle East
Countries	🇮🇱
Sentiment	positive
Relevance Score	1
People	None
Companies	Foundation for Advancing Citizens of Eshkol Regional Council, Latet, KPMG, Lev Echad, Zaka
Currencies	None
Securities	None