Category Archives: Israel

Auto Added by WPeMatico

Coinmama Review – Is It Right For Me?

coinmama review

Coinmama is a major player in the crypto exchange industry that aims to make buying cryptocurrencies simple. Based in Israel and belonging to Slovakian company NBV International, Coinmama operates in over 180 countries so just about anyone can use the platform. This Coinmama review will shed light on how to use the platform, their verification requirements, fees, limits and other important information that will help you find out if Coinmama is right for you.

Coinmama, the Company

Coinmama is one of the largest exchanges around, thanks largely to the fact they accept all fiat currencies and operate in 41 US states and over 180 countries worldwide. Although verification is required, this is largely due to the fact that Coinmama is registered and needs this information from customers to operate in many jurisdictions. In the US they are registered with FinCEN as a Money Services Business and comply with the Bank Secrecy Act. And for those users in the EU, they are GDPR (General Data Protection Regulation) compliant.

Setup and Verification

As we mentioned above, Coinmama is registered and regulated which means that they have to comply with KYC (Know Your Customer) regulations. As such, verification is required before you can begin trading on the platform. The process is not overly difficult but requires government-issued photo ID and a selfie with the ID and a piece of paper with ‘Coinmama’ and the date written on it.

All in all, the process is very similar to that of other exchanges and quite self-explanatory. It takes about an hour for the verification to be processed and then your account will be ready to make purchases.

Purchase

To begin purchasing any of Coinmama’s supported cryptocurrencies you will have to select how much, what type, how you want to pay and the wallet address you want the funds sent to. Coinmama allows users to purchase cryptocurrencies with any fiat currency without the need to transfer money into an account to be held by Coinmama.

It should be noted however that all prices are quoted in Euros or USD. It is possible that your bank may charge an extra conversion fee when purchasing with other currencies but we will talk about it later in this review.

In August 2018, Coinmama introduced the ability for European users to purchase funds via SEPA bank transfer alongside their usual credit/debit card option. They also don’t hold any crypto for you which means that you have total control over the security of your crypto assets. Just make sure that you confirm your chosen wallet address via the email sent to you otherwise the transaction won’t be processed.

Limits

Depending on how much information you choose to share with Coinmama, the higher will be the lifetime limit. This is independent from the daily and monthly limits of USD/EUR 5000 and USD/EUR 20000 respectively. If you have completed the ID verification that we mentioned earlier in this Coinmama review then you have reached level 1. Coinmama has three levels of verification, and the second involves supplying a secondary ID and a utility bill. The third level involves filling out a form that you can get by contacting support@coinmama.com.

Accepted Cryptocurrencies

Coinmama gives users the ability to purchase the following popular cryptocurrencies:

  • Bitcoin
  • Bitcoin Cash
  • Ethereum
  • Ripple
  • Litecoin
  • Cardano
  • QTUM

Fees

As Coinmama doesn’t hold any fiat funds for you, there are no deposit or withdrawal fees like those on other exchanges. The platform uses the XBX index to calculate their exchange rate and then, as a fee, adds 5.9%. Tradeblock XBX provides an average price of bitcoin based on a number of rates offered by various platforms. The 5.9% is included in the quoted price so there are no hidden fees. Coinmama doesn’t charge fees on SEPA transfers which makes it a pretty appealing payment option when compared to the 5.00% fee charged on credit cards.

If you are not sure whether your bank or credit card provider will charge fees on Coinmama-related transactions, then it is best to contact your bank for more information. Some customers have reported unexpected fees from their banks or card providers (such as a conversion fee or transaction fee) but these are not charged by Coinmama and they don’t have any control over them.

Privacy and Security

As we mentioned under the Purchase section of this Coinmama review, neither fiat nor crypto-funds are held by Coinmama. This means that a lot of the risks associated with using a cryptocurrency exchange are removed. That being said, as verification is required and personal information must be entered and held by the platform, it is not a very private platform. Fortunately, they are GDPR compliant which gives users some power over their data and its uses.  The credit card also information isn’t stored by Coinmama on their website or servers and all personal information is encrypted.

Customer Support

Coinmama’s support replies pretty quickly and effectively to queries over their ticket service. They aim to reply to tickets within two hours which I experienced first-hand and found to be a reasonable time frame. Alternatively, you can contact them via email support@coinmama.com. But unfortunately, no phone support services are available. So be aware that any numbers you find online are almost certainly fake. If you feel like trying to solve the problem by yourself, first then you can visit Coinmama’s FAQ page. It’s pretty handy, providing you with answers to most problems you may encounter.

Coinmama Review Summary

All in all Coinmama makes buying cryptocurrencies very easy but unfortunately, it’s the fact that you can only buy cryptocurrencies on the platform that’s a shame. It would be nice if a ‘sell’ feature would be added at some point. When buying via SEPA bank transfer, the fees are reasonable but via credit card, they are quite high which is something that has led to some complaints from users. That being said, Coinmama doesn’t attempt to hide fees and it is pretty transparent. Also, with it being regulated, it is ideal for those looking for someplace legitimate and safe to buy crypto from anywhere in the world.

We hope to have cleared up most of your questions about the platform in this Coinmama review. If you wish to signup and get started with Coinmama right away then you can do so here.

 

Disclaimer: BitcoinNews does not provide any warranties towards the accuracy of the statements in the above Coinmama review. Any content on this site should not be relied upon as advice or construed as providing recommendations of any kind. It is your responsibility to perform your own research of the platform. Trading and investing in cryptocurrencies involves considerable risk of loss and is not suitable for every investor.

 

Follow BitcoinNews.com on Twitter: @BitcoinNewsCom

Telegram Alerts from BitcoinNews.com: https://t.me/bconews

Want to advertise or get published on BitcoinNews.com? – View our Media Kit PDF here.

Image Courtesy: Coinmama

The post Coinmama Review – Is It Right For Me? appeared first on BitcoinNews.com.

Israeli Civil Rights NGO Wants Coinbase to Close Hamas Account

Israeli Civil Rights NGO Wants Coinbase to Close Hamas Account

An Israeli civil rights NGO has threated to take Coinbase to court over a Hamas cryptocurrency account.

The official Telegram channel of Abu Obeida, a spokesman for Hamas’ Izz ad-Din al-Qassam Brigades, made the appeal for Bitcoin asking all the “supporters of our righteous cause to support the resistance financially using Bitcoin”.

Shurat Hadin-Israel Law Center is suggesting that Hamas has set up a Coinbase account for this purpose and as such, donations to Hamas would be a violation of US federal law under the 1995 Counter-Terrorism Act. They stated in a letter to the US exchange giant:

“It has recently come to our attention that the notorious Palestinian terrorist group Hamas currently maintains an account with Coinbase, Inc. (“Coinbase”), through which it is accepting donations.”

It added that Coinbase should immediately terminate all Hamas accounts.

Bitcoin users would be quick to point out that Hamas would be free to use its own open source Bitcoin client as a wallet, should its Coinbase account be closed. As a decentralized and censorship-resistant currency, efforts to block or sanction it would be quite futile, as proven by the much-mocked attempts by the US government last November to sanction Bitcoin addresses.

The territories of Gaza and the West Bank are separated from each other by Israeli territory. Both fell under the jurisdiction of the Palestinian Authority but Gaza has since June 2007 been governed by Hamas since 2006.

There are reportedly now 20 unaccredited exchanges helping local cryptocurrency users to get their money abroad to make investments that otherwise they would have no chance of making in the region. In Gaza, a provider of Bitcoin to Palestinians recently maintained that his clients view Bitcoin as “cheaper, safer, and quicker”, maintaining that “nothing works with Palestinian banks” and that “Bitcoin wallets are alternative banks”.

Late last year the US online payment service PayPal closed the account of the Germany-based NGO International Alliance – an organization that sympathizes with the Popular Front for the Liberation of Palestine terrorist organization and supports boycotting Israel, with PayPal simply stating that “This recipient is currently unable to receive money”.

 

Follow BitcoinNews.com on Twitter: @bitcoinnewscom

Telegram Alerts from BitcoinNews.com: https://t.me/bconews

Want to advertise or get published on BitcoinNews.com? – View our Media Kit PDF here.

Image Courtesy: Pixabay

The post Israeli Civil Rights NGO Wants Coinbase to Close Hamas Account appeared first on BitcoinNews.com.

White Paper Confers No Legal Responsibility, says Sirin Labs CEO

Moshe Hogeg

In response to a lawsuit, Israeli crypto entrepreneur Moshe Hogeg has denied allegations of misappropriating investor funds, insisting that white paper claims are not legally binding.

In addition to being the CEO of Sirin Labs, Hogeg was behind the blockchain firm known as Stox (STX) on which the case is based. The news was reported by the Times of Israel on 9 February 2019.

In January, it was reported by media outlets that Stox was being sued for USD 4.6 million by Zhewen Hu, a Chinese investor. An investment of Ether (ETH) worth around USD 3.8 million was done by Hu in an open source platform, which was supposed to be a prediction market platform based on Ethereum.

It was predicted by Hu that the value of the native STX token would boost after the successful implementation of Stox’s prediction market platform, stated the lawsuit. Nevertheless, Hu believes that out of the total USD 34 million raised for the said platform, only USD 5 million were used for funding Stox, contrary to white paper plans.

Furthermore, Hu accused Hogeg of using the rest of the funds for investment in other initial coin offerings. He maintained that those funds were utilized in Telegram’s offering.

Responding to the lawsuit, Hogeg’s lawyers stated that a white paper is only used for describing the project, it is not supposed to be a legally binding document. Furthermore, Hogeg’s attorneys concluded with remarks that no obligatory program was presented in the document. Hence, it imposes no legal responsibility on the issuers.

Hogeg told the Times of Israel that he has not violated any law and lawsuit is just an “extortion attempt”, adding that the STX token is not a security. Therefore, no ownership rights in the company are granted.

He also believed that Israel is not the proper jurisdiction to proceed with the lawsuit as the company is Gibraltar-based.

According to reports, in the past few months, Hogeg has invested several million dollars in various startups. In late August, Hogeg purchased Israeli soccer club Beitar Jerusalem for USD 7.2 million. He also donated USD 1.9 million to establish the Hogeg Institute for Blockchain Applications at Tel Aviv University.

This is not the first scandal faced by Stox. Professional boxer Floyd Mayweather Jr was seen promoting Stox during its token offering. Floyd is facing charges from the US Securities and Exchange Commission for unlawful promotional activities related to startup Centra Tech’s sale. He has reportedly agreed to pay USD 300,000 as penalty along with USD 300,000 in disgorgement.

 

Follow BitcoinNews.com on Twitter: @bitcoinnewscom

Telegram Alerts from BitcoinNews.com: https://t.me/bconews

Want to advertise or get published on BitcoinNews.com? – View our Media Kit PDF here.

Image Courtesy: pexels.com

The post White Paper Confers No Legal Responsibility, says Sirin Labs CEO appeared first on BitcoinNews.com.

Hamas Calls for Bitcoin to Combat Israeli Freeze of Millions of Dollars in Qatari Aid

gaza, hamas

The militant arm of Hamas in Gaza has made an appeal for Bitcoin funds after a decision by Israel to temporarily freeze millions of dollars in Qatari aid to Palestine.

Hamas, the de-facto ruling authority of the Gaza Strip in Palestine is regarded by several countries, including the US and the EU, as a terrorist organization. Russia, Turkey, and China are among those major world powers who do not subscribe to the definition.

The official Telegram channel of Abu Obeida, a spokesman for Hamas’ Izz ad-Din al-Qassam Brigades, made the appeal for Bitcoin asking all lovers of the resistance and the supporters of our righteous cause to support the resistance financially using Bitcoin.

Hamas has been the voice of Gaza since taking power from the Palestinian Nationalist political party Fatah in 2007 after a military conflict, although the Gaza Strip is now blockaded by both Israel and Egypt. Israeli Prime Minister Benjamin Netanyahu’s decision to freeze millions of dollars in Qatari aid – including USD 15 million a month to pay the salaries of Hamas civil servants – has heightened the current tension between Gaza and Israel. Abu Obeida’s latest message hinted at the request for funds:

“The Zionist enemy is fighting the resistance by trying to cut its support by all means, but the resistance lovers in all the world are fighting these Zionist attempts and are seeking to find all possible support for the resistance.”

A recent congressional hearing in the US confirmed that in general, fiat currencies are the preferred choice of funding for terrorist activities or arms and that the success of fundraising for such groups through cryptocurrencies has been limited.

Follow BitcoinNews.com on Twitter: @BitcoinNewsCom

Telegram Alerts from BitcoinNews.com: https://t.me/bconews

Want to advertise or get published on BitcoinNews.com? – View our Media Kit PDF here.

Image Courtesy: Pixabay

The post Hamas Calls for Bitcoin to Combat Israeli Freeze of Millions of Dollars in Qatari Aid appeared first on BitcoinNews.com.

Binance Adds Sub-Account Features to Attract Institutional Investors

Binance Adds Sub-Accounts Features for Institutional Investors

Top cryptocurrency market shareholder by daily trading volume Binance announced today through its blog post that it is creating a sub-account support feature to help with accommodating institutional investors.

It’s widely acknowledged that there’s a growing interest from the institutional sectors in cryptocurrency and some believe that the next phase of cryptocurrency development will be facilitated by these entities.

Binance seems to be preparing itself for this expectation by adding features to improve its services. “Binance is thrilled to announce the launch of our long-anticipated sub-account feature, which brings improved managerial control and asset audit tools to institutional account holders”, the blog post reads. It further touts this development as “one step closer to a comprehensive, full-stack offering for institutional clients”.

Binance further explains that “the new sub-account feature is available to corporate users and individuals with VIP 3 tier (or higher) accounts”. That is based on the already established institutional account system.

These sub-accounts are designed to allow institutions to have flexible handling and access control to multiple trading accounts for different firms. Different account levels will be provided to these institutions and they’ll have control over each sub-accounts of the firms. According to the exchange, “the original/main account has sole control over the movement of assets… different access levels for up to 200 sub accounts”.

The blog also infers that sub-accounts are properly compartmentalized with enhanced with security features to minimize risks of tampering. More so, the accounts have unique APIs with different access privileges.

The perceived coming influx of institutional investments has prompted similar service providers to adjust their operations to accommodate these significant changes when they happen. About a week ago, Coinbase launched over-the-counter (OTC) trading for institutional clientsIn Israel, an investment house plans to launch the first dedicated digital coin investment platform for institutional and accredited investors.

 

Follow BitcoinNews.com on Twitter: @BitcoinNewsCom

Telegram Alerts from BitcoinNews.com: https://t.me/bconews

Want to advertise or get published on BitcoinNews.com? – View our Media Kit PDF here.

Image Courtesy: Pixabay

The post Binance Adds Sub-Account Features to Attract Institutional Investors appeared first on BitcoinNews.com.

Israeli Investment House Silver Castle Defies Market to Attract Institutional Investors

An Israel-based investment house has announced plans to cement its hold as a DLT driver in the country by launching the first dedicated digital coin investment platform for institutional and accredited investors.

Silver Castle Ltd has ignored the current bear market with this decision, with its CEO Eli Mizroch confirming that the company had spent the best part of a year creating a strong foundation for managing institutional grade-level investments.

It was only last week that KMPG called for “more participation from the broader financial services ecosystem to help drive trust and scale for the tokenized economy and help the crypto market grow and mature”. Silver Castle’s move is clearly aimed at capturing this market.

Mizroch described the launching of two funds as “awesome for everybody”; it has a target of USD 50 million by the end of this year. The first fund is described as being driven by both long and short momentum, based on an algorithmic trading device which will pick the five biggest coins by market cap. Mizroch claims that the system has been utilized in house for the past year, yielding “high double-digit” returns.

The second of the two funds offers a basket of the top 10 coins, again the result of a weighted algorithm, with further plans to launch a token-based fund for ICO investment purposes, also scheduled for the end of the year.

The company includes Zvi Ziv, a former chief executive officer of Bank Hapoalim Ltd, Israel’s largest bank by assets; and Gabriella Ravid, founder and former CEO of Psagot Ofek Investment House, the country’s largest investment fund. Ziv is insistent on the company following the blockchain trial, arguing that:

“There is a lot of potential in using blockchain and everything is going to try and move there… I believe herein lies the biggest potential in the financial world.”

Silver Castle’s CEO agrees, suggesting that blockchain is the future of investment infrastructure, with Israeli Blockchain Association’s (IBA) founding partner, Gadi Isaev, hailing the launch as a landmark event for the whole Israeli cryptocurrency market. Roma Gold, another founding partner of the IBA, commented that ICOs are becoming less popular, but institutional investment in blockchain is very much on the rise:

The Israeli blockchain ecosystem is presently experiencing both a boost and a transformation… Today, fewer startup founders are coming out of morally questionable markets, such as binary options, and gambling. Instead, more institutional players are starting to enter the market. In essence, the market is going through self-purification.”

 

Follow BitcoinNews.com on Twitter: @bitcoinnewscom

Telegram Alerts from BitcoinNews.com: https://t.me/bconews

Want to advertise or get published on BitcoinNews.com? – View our Media Kit PDF here.

Image Courtesy: Pixabay

The post Israeli Investment House Silver Castle Defies Market to Attract Institutional Investors appeared first on BitcoinNews.com.

Switzerland, Israel Share Blockchain Regulatory Experiences

Switzerland and Israel have agreed to share their experiences in regulating the blockchain industry as part of a deal that will open up access to Swiss banks in Israel.

Negotiating terms

During a trip to the middle eastern country, Switzerland’s Minister of Finance Ueli Maurer and State Secretary for International Financial Matters Joerg Gasser discussed terms for entering the Israeli market with high-ranking state officials.

Part of the terms of this agreement concluded that both sides would cooperate with each other in areas of financial technology regulation and cryptocurrencies, as well as both parties sharing their history of success and failures in regulating the blockchain industry.

With significant financial stakes on the line for both parties, cryptocurrency and blockchain making it onto the agenda highlight how critical these emerging fields are becoming in everyday politics.

Gasser told Reuters that Switzerland should have a blockchain report outlining policy recommendations ready for Israel by the end of the year, estimating that it will take until early 2020 for the new legislation to go into effect. He said, “We need market access and each other’s markets unfettered and as free as possible.”

While Israel allows EU banks access to the country’s markets, Switzerland is not a member of the bloc and follows different fiscal policy.

Blockchain in Israel

Israel has several blockchain-related projects on the horizon, and it makes practical sense that the country would be looking into how and where regulating the industry works from a state with far more experience such as Switzerland.

As Israel is a leading expert in drones, it is perhaps unsurprising that one of the country’s biggest blockchain innovations is in this area. A startup called Applied Blockchain founded by Adi Ben-Ari has developed the Blockchain drone registry to track and secure commercial drone flights and deliveries.

 

Follow BitcoinNews.com on Twitter: @bitcoinnewscom

Telegram Alerts from BitcoinNews.com: https://t.me/bconews

Want to advertise or get published on BitcoinNews.com? – View our Media Kit PDF here.

Image Courtesy: Pixabay

The post Switzerland, Israel Share Blockchain Regulatory Experiences appeared first on BitcoinNews.com.

Bitcoin Eases Cross-Border Transactions for Palestinians in Gaza

Bitcoin is currently serving an important role in Gaza to help investors gain access to markets abroad and send money overseas.

Currently, Palestinians are unable to get their Israeli shekels or other currencies used in the area, such US dollars or Jordanian dinars, to online exchanges as they don’t work with local banks. This has given rise to many unofficial exchanges around the city.

The territories of Gaza and the West Bank are separated from each other by Israeli territory. Both fell under the jurisdiction of the Palestinian Authority but Gaza has since June 2007 been governed by Hamas, a Palestinian Islamic organization which came to power in free elections in 2006. It has been placed under an Israeli and US-led international economic and political boycott from that time onwards.

There are reportedly now 20 unaccredited exchanges helping local cryptocurrency users to get their money abroad to make investments that otherwise they would have no chance of making in the region. In Gaza, Mohammed runs his own unofficial crypto exchange and suggests that over the course of four years, he’s enabled up to 50 Palestinian families to buy an average of USD 500 worth of Bitcoin a month to use abroad or shop online. He maintains that his clients view Bitcoin as “cheaper, safer, and quicker”, maintaining that “nothing works with Palestinian banks” and that “Bitcoin wallets are alternative banks”.

Palestinians have adopted peer-to-peer payments are seen as another way of getting around local restrictions. Palestinians are under enormous pressure in Gaza and, due to Israel’s world status, international pressure often means that those sending money from the West have been known to have their accounts closed.

Laith Kassis, CEO of Techno Park on the West Bank, illustrated the problem for many wishing to get money overseas: “There is no payment gateway, like PayPal, for entrepreneurs to receive payments internationally… So here come solutions on blockchain with private nodes.”

The lack of power is another local issue that Palestinians struggle with as frequent outages equates to no access to the internet, making any kind of transfer of funds next to impossible.

However, Bitcoin enthusiast and professor of economics at the Lebanese American University, Saifdean Ammous doesn’t see Bitcoin or crypto in general as a solution to the failing Palestinian economy. He argues:

“If the people who want to do the transaction don’t both have balances in Bitcoin then you’re just adding extra layers of conversion from their home currency to Bitcoin and back to the home currency… That’s never going to be a sustainable solution.”

The World Bank estimates that 20% of Palestinians live below the poverty line of less than USD 5.50 a day. In this volatile highly-controlled environment, cash is the most highly sought-after payment for day-to-day necessities.

 

Follow BitcoinNews.com on Twitter: @bitcoinnewscom

Telegram Alerts from BitcoinNews.com: https://t.me/bconews

Want to advertise or get published on BitcoinNews.com? – View our Media Kit PDF here.

Image Courtesy: Pixabay

The post Bitcoin Eases Cross-Border Transactions for Palestinians in Gaza appeared first on BitcoinNews.com.

Israeli Arrested for Attempted $50M Crypto Sale of ‘Pegasus’ Spy Software

An Israeli man was indicted by the Tel-Aviv District Court on 5 July 2018 for trying to sell top-secret spy software called Pegasus built for Israel’s government. The extremely sophisticated software gained notoriety for being able to hack into Apple iPhones.

The man worked as a senior programmer for NSO Group, which gave him access to all the company’s source code and tools. He tried to sell Pegasus for USD 50 million of cryptocurrencies on the darknet, wanting the deal to be separated into various cryptocurrencies to obfuscate his trail.

The Israeli was fired by NSO Group in February 2018 for connecting an external drive to company computers, after searching on the internet how to connect an external drive without being detected. He downloaded hundreds of millions of dollars worth of software and then hid the external drive under his bed.

Sometime later, he went to the darknet to find a buyer for Pegasus. The person contacted became suspicious of the deal and contacted NSO Group, after which point the contact cooperated to get the Israeli man arrested. The seller man was charged with theft, trying to damage property in a way that would hurt national security, marketing defense material without a permit, and interfering with computer material.

The Israeli man is being kept in custody throughout the court proceedings since he is considered a danger to national security. According to NSO Group, no top-secret data was leaked due to this incident.

The company said, “The company was able to quickly identify the breach, collect evidence, identify the perpetrator, and share its findings with the relevant authorities. The authorities, in turn, responded quickly and effectively, so that within a very short time the former employee was arrested and the stolen property was secured. No [intellectual property] or company materials have been shared with any 3rd party or otherwise leaked, and no customer data or information was compromised.”

 

Follow BitcoinNews.com on Twitter at https://twitter.com/bitcoinnewscom

Telegram Alerts from BitcoinNews.com at https://t.me/bconews

Image Courtesy: Pixabay

The post Israeli Arrested for Attempted $50M Crypto Sale of ‘Pegasus’ Spy Software appeared first on BitcoinNews.com.

Czech Investor Puts $100M Into Israeli Blockchain Startups

Czech investment banking firm Benson Oak has launched Benson Oak Ventures and will be investing in Israeli blockchain startups. So far, it has raised USD 25 million but is expected to raise and invest USD 100 million.

Benson Oak has raised USD 5 billion worldwide and has always had a strong focus on technology startups. Benson Oak believes that blockchain technology is the future. Its website says, “The emerging Web 3.0 landscape, undergirded by blockchain infrastructure, is engendering a new wave of disruption and will unleash the platforms and brands of the future. We seek to invest in these platforms and brands of the future, supporting products and marketplaces that have stickiness built in and can scale rapidly with digital marketing efforts without operational growth bottlenecks.”

The website further states that Benson Oak Ventures will use its experience to develop a strong brand and market it, while connecting blockchain and decentralized products with consumers.

Managing Partner Robert Cohen says, “I believe that there are great entrepreneurs in Israel who are leading the platforms of the future, with creating and disruptive use of blockchain technologies. I moved to Israel six years ago, and with a passion to build companies, I have established Benson Oak Ventures as a new platform to provide financial and operational capital to the best entrepreneurs in Israel and around the world.”

This news is another sign that institutional investors are jumping into the cryptocurrency markets, which could open up a tremendous amount of capital, spurring rapid blockchain technology development and a cryptocurrency rally. Recently, Galaxy Digital said it was investing hundreds of millions of dollars into blockchain startups, and Andreessen Horowitz said it was investing USD 300 million into blockchain and crypto companies.

 

Follow BitcoinNews.com on Twitter at https://twitter.com/bitcoinnewscom

Telegram Alerts from BitcoinNews.com at https://t.me/bconews

Image Courtesy: Pixabay

The post Czech Investor Puts $100M Into Israeli Blockchain Startups appeared first on BitcoinNews.com.