Local Web3 community launches ‘Crypto Aid Israel’ to help displaced citizens
A collective of local leaders in the cryptocurrency space, including Cointelegraph, 42Studio, MarketAcross, Collider Ventures, CryptoJungle, Nilos, Blockchain B7, Efficient Frontier, Ironblocks, the Israel Blockchain Association and Bits of Gold, have joined together to establish Crypto Aid Israel, a global fundraiser to help displaced Israeli citizens in need of humanitarian aid.
The ongoing and unfolding conflict has taken a heavy toll on the local civilian population, with casualties currently estimated in the thousands.
A recent report from Israeli news source Haaretz indicates the attacks on Israeli's local population have resulted in the deaths of at least 700 Israelis "and nearly 2,400 wounded since Hamas' surprise invasion on Saturday morning. In Gaza, the Palestinians report 560 dead and over 2,700 wounded."
According to the CEO of CryptoJungle, Ben Samocha, Crypto Aid Israel's aim is to provide immediate help for those affected:
Crypto Aid Israel is hosting a multisig wallet, overseen by luminaries in the local Web3 community. In order to donate and help their cause, you can visit their website here.
Per a press release shared with Cointelegraph, Crypto Aid Israel’s creators are urging those who want to help to be cautious when it comes to verifying that their aid is going to the right wallet:
Related: Israeli authorities seize crypto from terror organizations, credit new technology
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