In a time of escalating conflict between Israel and Hamas, a new initiative emerges offering a modern solution to a historical problem.
Crypto Aid Israel accepts cryptocurrency donations to support refugees who bear the brunt of the war's devastating impacts.
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Accepting Donations in BTC, ETH, USDT, and More Amid Rising Tensions
As the conflict between the Palestinian Islamic organization "Hamas" and Israel escalates, a new initiative called "Crypto Aid Israel" has emerged.
This initiative aims to support refugees impacted by the war by accepting donations in various cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Tether (USDT).
Crypto Aid Israel serves as a platform where donations can be made in cryptocurrency to assist those affected by the Israel-Hamas conflict.
The initiative is founded by a collective of multiple enterprises and organizations, including:
- Blockchain B7
- Market Across
- Nilos
- 42Studio
- Ironblocks
- Efficient Frontier
- Bits of Gold
- CryptoJungle
- Collider Ventures
- Israel Blockchain Association
The official website of Crypto Aid Israel provides wallet addresses and QR codes to accept donations in BTC, ETH, USDT, and ERC20 tokens.
Donations can be made by transferring cryptocurrencies to these addresses.
Utilization of Donated Funds: Food, Shelter, and Medical Supplies
The received digital assets are said to be managed by a multi-signature wallet overseen by industry leaders.
These funds are allocated to provide relief for those impacted by the ongoing war. Specific uses of the funds include:
- Providing food and shelter for those who have lost their homes
- Offering sanitary products and medical supplies to affected civilians
Since Crypto Aid Israel publicly discloses the donation wallet addresses, anyone can use blockchain explorers to verify the wallet's donation status and transaction history.
So far, reports indicate that the ongoing conflict has resulted in over 1,200 deaths from both sides combined.
Additionally, more than 5,000 people have sustained injuries, and there has been widespread damage to properties and homes.
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