The local Web3 community launched ‘Crypto Aid Israel’ to help displaced citizens

The Local Web3 Community Launched 'Crypto Aid Israel' To Help Displaced Citizens


A group of local leaders in the cryptocurrency space joined together, including 42Studio, MarketAcross, Collider Ventures, CryptoJungle, Nilos, Blockchain B7, Efficient Frontier, Ironblocks, Israel Blockchain Association, Bits of Gold, as well as Cointelegraph. Establish Crypto Aid Israel, an international fundraiser to help displaced Israelis in need of humanitarian aid.

The ongoing conflict has caused great damage to the local residents and currently thousands of people have been injured.

According to a recent report by the Israeli news source Haaretz, at least 700 Israelis were killed and about 2,400 wounded in the attack on Israeli territory in the early hours of Saturday morning. In Gaza, Palestinians reported 560 dead and more than 2,700 dead. They're injured.”

According to CryptoJungle CEO Ben Samocha, Crypto Aid Israel's goal is to provide immediate assistance to those affected.

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“We hope to raise the necessary funds to provide food and shelter to families who have lost their homes. We also hope to provide hygiene and medical products to the bombed Israeli civilian population…”

Crypto Aid Israel is hosting a multi-sig wallet, managed by luminaries in the local Web3 community. To donate and help their cause, you can visit their website here.

In a press release, the creators of Crypto Aid Israel urged everyone who wants to help to be careful to ensure that the aid goes to the right wallet.

“Due to phishing scams and cyber-attacks, please compare the crypto wallet address with the verified one on the official website, so it is incredibly important to consider before donating to avoid sending money to your forwarding addresses. in other sources”.

The Crypto Aid Israel initiative supports both Bitcoin and Ether donations.

Related: Israeli authorities seize crypto from terrorist organizations, new technology of loans

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