Israel finds new ally in crypto amidst conflict
The crypto and Web3 community has mobilized to support relief efforts in Israel in response to the recent wave of Hamas terrorist attacks. The grassroots initiative, Crypto Aid Israel, has raised over $185,000 to date, with participation from over 30 companies worldwide. According to an announcement shared with crypto .news, the funds raised have gone towards immediate aid distribution to organizations providing essential services to Israelis impacted by the conflict . Two rounds of contributions have already been made, totaling 200,000 NIS (approximately $50,000 USD). Recipients include the Foundation for Advancing Citizens of Eshkol Regional Council, which supports communities near Gaza often excluded from government assistance. Crypto Aid Israel provided funds for transportation and shelter for evacuated citizens. Zaka, Israel’s volunteer emergency response organization, received support to secure medical equipment and protective gear for volunteers operating in combat zon...