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Crypto Aid Israel Launches Multisig Wallet to Provide Humanitarian Assistance Amidst Ongoing Conflict with Hamas

The recent conflict between Israel and Hamas has prompted the country's Web3 community to launch "Crypto Aid Israel", an initiative aimed at providing humanitarian aid to those affected by the violence. The initiative involves the creation of a multisig wallet that will accept donations in various cryptocurrencies, including BTC, ETH, USDT, and USDC.

Fireblocks, Israel's foremost MPC platform, will oversee the management of the wallet to ensure transparency and security. Israel has a thriving crypto community, with top global exchanges and supportive regulators and banking institutions, such as Bank Leumi and the Tel Aviv Exchange.

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