Crypto Aid Israel receives $185k from over 30 Web3 firms for emergency relief
The group Crypto Aid Israel, made up of prominent Israelis in the crypto community and also comprising organizations such as 42Studio and MarketAcross, is making strides toward its goal of helping Israelis who have been impacted by the recent spate of Hamas attacks. The Web3 and crypto communities have shown their strength and togetherness by contributing over $185,000 (about 700,000 NIS) to the community-backed effort, as per the latest information shared with Finbold on October 20. In addition, over 30 businesses have banded together to back our initiative, with major players like accounting powerhouse KPMG lending a hand with distributions and fundraising. Companies like Zengo, a cryptocurrency wallet service, Fuse, Wonderland, Psagot Equity, and many more are also making significant contributions to the campaign via either public relations or financial means. Crypto Aid Israel has recently announced that two rounds of assistance disbursement to various frontline groups have be...