- Cryptocurrency provides an important channel for providing aid to war victims.
- Crypto leaders in Israel have joined hands to provide aid to victims of the recent attack.
- Over $200,000 has been raised in aid by members of the Web3 and crypto community.
According to Eyal Gura, Crypto and New Digital Initiatives advisor to Latet, cryptocurrency provides an important channel that enables contributors to join the global aid support program. Gura made the statement while addressing the Crypto Aid Israel program to support Israelis affected by the ongoing wave of Hamas terrorism.
Itai Elizur from Market Across, one of the blockchain-focused platforms involved in the Crypto Aid Israel project, told Coinedition that several local leaders within the crypto space in Israel have joined hands to provide aid to victims of the recent attack. According to him, over $200,000 has been raised for this purpose, predominantly by members of the Web3 and crypto community. This is happening while the mainstream channels for providing aid are only beginning to make minor inroads into the war torn region in an attempt to help the trapped civilian population.
According to reports, t…
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