Cryptocurrency news

Israel Police arrest five suspects in alleged NIS 16 million WhatsApp cryptocurrency fraud scheme

Israel Police arrested five suspects in an alleged NIS 16 million cryptocurrency scheme involving WhatsApp trades and transfers disguised as loans.

|ByHODAYA RAN
WhatsApp, illustration.
Discount Bank.

For the first time in Israel: The bank that will allow crypto trading via application

Starting November 26, customers will be able to purchase, hold and sell Bitcoin and Ethereum directly from their account – including tax offsetting in the investment portfolio.

|ByLIAT RON
A representation of the cryptocurrency is seen in front of Binance logo in this illustration taken, March 4, 2022.

Over $6 billion in 20 minutes: FBI accuses North Korea of largest-ever crypto hack against Binance

The FBI called on cryptocurrency exchanges, blockchain infrastructure operators, and other digital asset service providers to help prevent the stolen funds from moving further through the system.

|ByJERUSALEM POST STAFF
FILE PHOTO: Representations of cryptocurrencies are seen in front of displayed Binance logo in this illustration taken November 10, 2022.

North Korean hackers behind $6.3 billion Binance crypto theft, Blockchain analysis firm TRM says

An initial investigation suggested the breach may have started with a hacked laptop belonging to one of Binance's engineers.

|ByREUTERS

Israeli start-up launches UAE-regulated crypto meant to fight inflation

Gigantic insolvencies burned multitudes of clients and will make up considerable hindrances to cryptocurrency mainstream adoption. A UAE-regulated Israeli firm may fix this.

DECEMBER 12, 2022ByARIEL SHAPIRA
A coin representing the bitcoin cryptocurrency is seen on computer circuit boards in this illustrative picture

Bitcoin's climate damage profiles closer to gasoline than gold

Study reveals Bitcoin's concerning impact on the climate and economy.

SEPTEMBER 30, 2022ByBOAZ EDIDIN
A copy of bitcoin standing on PC motherboard is seen in this illustration picture

If you lost money in crypto, here's how you can get some back

Trading generates gains or losses every time you buy, sell, or even exchange virtual currencies because the IRS treats crypto as property.

JULY 26, 2022ByERIN ARVELUND/THE PHILADEPHIA INQUIRER/TNS
The bear market in crypto erased $2 trillion in market value and led to several bankruptcies among crypto firms like Celsius, Voyager Digital and Three Arrows Capital, among others.

Cryptocurrency market showing explosive change

The Israel Bitcoin Association (IBA) and the Israeli Crypto Community (ICC) hosted a conference on March 10 regarding cryptocurrency and regulation in Tel Aviv.

APRIL 1, 2022ByARIEL SHAPIRA
Representations of virtual currency bitcoin are seen in front of Tesla logo in this illustration

Russia to temporarily ban foreigners from selling assets

They knocked the rouble to all-time lows on Monday, forcing the central bank to hike its key interest rate to 20% and ask exporting companies to sell forex to support the currency.

MARCH 1, 2022ByREUTERS
A Russian service member is seen on a BMP-3 infantry fighting vehicle during drills held by the armed forces of the Southern Military District at the Kadamovsky range in the Rostov region, Russia February 3, 2022.

Brock Pierce, cryptocurrency 'hippie king,' visits Israel

“Most of my trips are really just to talk to local government and business leaders. And in this particular instance, it’s as much for me as for everything else.”

FEBRUARY 24, 2022ByZVIKA KLEIN
IN ISRAEL: 'Jerusalem has been on my list of places to spend some time for a while.'

Crypto tech company Fireblocks acquires payment platform First Digital

Merchants who use supported PSPs can seamlessly integrate First Digital's crypto payment options into their current system.

FEBRUARY 20, 2022ByJERUSALEM POST STAFF
Cryptocurrency logos

Fireblocks raises $550m at $8b valuation

This financing round makes Fireblocks one of Israel's most valuable privately held startup tech companies.

JANUARY 30, 2022ByOFIR DOR/GLOBES/TNS
The founders of Fireblocks

Blockchain security start-up ‘Redefine’ raises $11m. for Crypto Firewall

Founded in June 2021 by Dr. Shira Brezis (CEO) and Alon Ram (CTO), Redefine is a pioneer in DeFi security that caters to institutional investors.

JANUARY 18, 2022ByJERUSALEM POST STAFF
Redefine Team.

Global stocks rise sharply with investors' renewed risk appetite

World shares had fallen earlier in the week after Omicron infections multiplied around the world.

DECEMBER 22, 2021ByREUTERS
A trader in a face mask works on the trading floor at the New York Stock Exchange (NYSE) as the Omicron coronavirus variant continues to spread in Manhattan, New York City, US, December 20, 2021.