Local Web3 community launches ‘Crypto Aid Israel’ to help displaced citizens

Local leaders in the cryptocurrency space including Cointelegraph, 42Studio, MarketAcross, Collider Ventures, CryptoJungle, Nilos, Blockchain B7, Efficient Frontier, Ironblocks, the Israel Blockchain Association and Bits of Gold have joined forces to establish Cryptocurrency aid to Israelis a global fundraising campaign to assist displaced Israeli citizens in need of humanitarian assistance.

The ongoing conflict has taken a heavy toll on local civilians, with casualties currently estimated to be in the thousands.

CryptoJungle CEO Ben Samocha said the organization’s goal is to provide immediate assistance:

“We hope to raise the necessary funds to provide food and shelter to families who have lost their homes. We also hope to provide hygiene and medical products to Israeli civilians who have been bombed…”

Crypto Aid Israel is hosting a multi-signature wallet overseen by luminaries in the local Web3 community.To donate and help their cause, you can visit their website here.

According to a press release shared with Cointelegraph, Cryptocurrency aid to IsraelThe creators urge those who want to help to be careful when verifying that their aid is going to the correct wallet:

“It is important to consider this before donating, due to potential phishing scams and cyber attacks, please compare your crypto wallet address with a verified address on the official website to avoid funds being sent to an address that may have been sent to you via other sources.”

this Cryptocurrency aid to Israel The initiative supports Bitcoin and Ethereum donations.

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