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Etoro Files for IPO With Tripled Revenue, 96% From Crypto Trading

Etoro Files for IPO With Tripled Revenue, 96% From Crypto TradingIsraeli trading platform Etoro has filed a prospectus with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO) in New York, revealing that its revenue tripled in 2024, with 96% of that revenue coming from cryptocurrency trading. Etoro reported a revenue of $12.6 billion and a net profit of $192 million […]

T3 Financial Crimes Unit Freezes $9 Million Linked to Bybit Hack

US Extradites Russia-Israel Citizen Linked to Lockbit Attacks

US Extradites Russia-Israel Citizen Linked to Lockbit AttacksA Lockbit ransomware developer has been extradited to the U.S., admitting to coding and consulting for the cybercriminal group, which paid him in cryptocurrency. Lockbit Ransomware Developer Extradited to US in Global Crackdown The U.S. Department of Justice (DOJ) announced on March 14 that Rostislav Panev, a dual Russian and Israeli citizen, has been extradited […]

T3 Financial Crimes Unit Freezes $9 Million Linked to Bybit Hack

Six Bitcoin funds set to debut in Israel following regulatory approval

On Dec. 31, Israel’s asset managers will launch six mutual funds tracking Bitcoin’s price movements.

Six Bitcoin-tracking funds are set to launch in Israel next week following the recent approval from the Israel Securities Authority. 

According to local media reports, the funds will mirror Bitcoin’s (BTC) price movements through various indexes and strategies and will be available for purchase at banks and investment firms starting Dec. 31. 

Some of the new funds will track exchange-traded funds (ETFs) launched in the United States, such as BlackRock’s iShares Bitcoin Trust ETF (IBIT). One of the funds will be actively managed to beat the cryptocurrency’s performance.

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T3 Financial Crimes Unit Freezes $9 Million Linked to Bybit Hack

Israel-Hamas conflict creates recruitment challenges for blockchain industry

 Increased emigration from Israel has led to fears of a brain drain.

A year on from the start of the Israel-Hamas war, the Israeli blockchain industry is facing the challenges of widening geopolitical unrest in the region, with some talent “hesitant to consider” roles within its borders. 

Despite this, Israeli business leaders who spoke to Cointelegraph were optimistic about the future of the country’s blockchain industry.

An August report from Statista shows 60,000 Israelis had emigrated in the previous 24 months from May. The business statistics platform also noted a 25% increase in emigration from February 2023.

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T3 Financial Crimes Unit Freezes $9 Million Linked to Bybit Hack

Former Sodastream CEO Offers $100K in Bitcoin for the Safe Return of Israeli Hostages

Former Sodastream CEO Offers 0K in Bitcoin for the Safe Return of Israeli HostagesIn the midst of the ongoing conflict between Israel and Hamas, Israeli Prime Minister Benjamin Netanyahu recently made headlines by offering a form of immunity to Hamas fighters as part of his latest statements concerning the hostage crisis. Following Netanyahu’s statements, former Sodastream CEO Daniel Birnbaum upped the ante by pledging a $100,000 reward for […]

T3 Financial Crimes Unit Freezes $9 Million Linked to Bybit Hack

Arthur Hayes Predicts Bitcoin Boom Amid Middle East Tensions and Inflation

Arthur Hayes Predicts Bitcoin Boom Amid Middle East Tensions and InflationFormer Bitmex CEO Arthur Hayes sees a bitcoin bull market on the horizon, driven by soaring energy prices and rampant inflation as Middle East tensions escalate. He argues that rising costs will send BTC’s value surging in fiat terms, with newly printed dollars flooding the market. But while bitcoin’s future looks bright, Hayes warns investors […]

T3 Financial Crimes Unit Freezes $9 Million Linked to Bybit Hack

Binance Has Not Complied With 86% of Israel’s Account Block Requests

Binance Has Not Complied With 86% of Israel’s Account Block RequestsBinance, one of the largest crypto exchanges, has disclosed that it does not automatically comply with account blockages imposed by Israeli authorities. According to reports, the exchange failed to comply with 86% of these requests, as the accounts referenced did not appear to be involved in illicit activities, as determined by Binance’s investigations. These statements […]

T3 Financial Crimes Unit Freezes $9 Million Linked to Bybit Hack

Robert Kiyosaki Warns of World War III Amid Global Tensions — Asks ‘Are You Prepared?’

Robert Kiyosaki Warns of World War III Amid Global Tensions — Asks ‘Are You Prepared?’Robert Kiyosaki, author of Rich Dad Poor Dad, has expressed concerns about World War III, warning that current global tensions could lead to catastrophic consequences. He emphasized the need for stronger leadership. This echoes past warnings from him about geopolitical threats and energy-driven conflicts. Kiyosaki Warns of World War III Amid Rising Global Tensions The […]

T3 Financial Crimes Unit Freezes $9 Million Linked to Bybit Hack

UBS Favors Gold as ‘Most Preferred’ — Says ‘Hedging Properties Remain Attractive’

UBS Favors Gold as ‘Most Preferred’ — Says ‘Hedging Properties Remain Attractive’UBS remains optimistic about gold’s potential, despite its current record highs. The Swiss investment bank highlights key factors, including the Federal Reserve’s rate cuts and global geopolitical tensions that are boosting demand for gold as a safe-haven asset. UBS also notes that central bank purchases and investor inflows into gold ETFs are sustaining the metal’s […]

T3 Financial Crimes Unit Freezes $9 Million Linked to Bybit Hack

Israel’s Digital Shekel Plans Hinge on ECB’s Digital Currency Move

Israel’s Digital Shekel Plans Hinge on ECB’s Digital Currency MoveThe Bank of Israel (BOI) is exploring a central bank digital currency (CBDC), a digital shekel, to modernize Israel’s payment system and drive innovation. However, BOI Deputy Governor Andrew Abir stated that the BOI is waiting for a major central bank, likely the European Central Bank (ECB), to introduce a digital currency before proceeding. This […]

T3 Financial Crimes Unit Freezes $9 Million Linked to Bybit Hack