The Wall Street Journal corrected its misreporting about crypto funding Hamas, but it was too late to stop lawmakers from amplifying false claims.
Israel News
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- Analysis
The industry is reeling as governments, legislators, and even investors ask if its networks are being exploited by terrorists. A sense of proportion may be needed.
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Elliptic, the firm which The Wall Street Journal sourced the data from, said it was pleased to see the news outlet acknowledge its mistakes.
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Elliptic’s statement was framed as a rebuttal to recent articles and letters circulating among the media and U.S. lawmakers this month.
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Massachusetts Senator Elizabeth Warren is taking advantage of sensationalist claims related to Hamas’ use of crypto. Unfortunately, those claims are largely false.
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The government department warned virtual asset service providers and other financial institutions to “identify and report suspicious transactions” related to terrorist groups.
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The organization is a collective of Israeli Web3 community members and international companies striving to alleviate suffering in the south of Israel.
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According to the U.S. Treasury, federally designated terrorist groups including Hamas, ISIS and an al-Qaeda affiliate used the Buy Cash Money and Money Transfer Company to transfer funds.
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Reports of Hamas using crypto to fund recent attacks in Israel could make Coinbase’s lobbying efforts more difficult, says Berenberg lead analyst Mark Palmer.
3607 - Markets News
Billionaire investor Paul Tudor Jones says he is bearish on U.S. stocks and bullish on Bitcoin and gold.
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The freeze does not affect Binance accounts owned by ordinary Palestinian civilians.
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The charity campaign aims to raise funds for humanitarian aid to help civilian Israelis affected by the recent conflict.
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The Hong Kong Monetary Authority, Bank of Israel and Bank for International Settlements teamed up to address the complex issues of rCBDCs.
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The police force of Israel reportedly recommended to prosecutors that Moshe Hogeg be charged with fraud, theft, money laundering and sex crimes.
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Israel’s only public stock exchange is preparing to offer new regulated cryptocurrency services through another partnership with Fireblocks.
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