Cryptocurrency news
Dozens of millions of dollars in crypto hidden: Suspect entangled in massive case
Joint investigation by Tax Authority and Lahav 433 leads to arrest of suspect in large-scale money laundering and tax offenses. He allegedly hid foreign accounts and used strawmen to disguise assets.
Great comeback: Has crypto winter really ended?
Crypto companies spend record $640 million buying back own tokens
Israel’s crypto market set for major overhaul with stricter regulations
Russia to temporarily ban foreigners from selling assets
They knocked the rouble to all-time lows on Monday, forcing the central bank to hike its key interest rate to 20% and ask exporting companies to sell forex to support the currency.
Brock Pierce, cryptocurrency 'hippie king,' visits Israel
“Most of my trips are really just to talk to local government and business leaders. And in this particular instance, it’s as much for me as for everything else.”
Crypto tech company Fireblocks acquires payment platform First Digital
Merchants who use supported PSPs can seamlessly integrate First Digital's crypto payment options into their current system.
Fireblocks raises $550m at $8b valuation
This financing round makes Fireblocks one of Israel's most valuable privately held startup tech companies.
Blockchain security start-up ‘Redefine’ raises $11m. for Crypto Firewall
Founded in June 2021 by Dr. Shira Brezis (CEO) and Alon Ram (CTO), Redefine is a pioneer in DeFi security that caters to institutional investors.
Global stocks rise sharply with investors' renewed risk appetite
World shares had fallen earlier in the week after Omicron infections multiplied around the world.
Israeli businessman Moshe Hogeg arrested for crypto fraud, sexual offenses
After an extensive undercover investigation by Israel Police's national crime unit, seven Israelis, including Hogeg and a member of his family, were arrested at the Beitar Jerusalem office.
Israeli authorities seize cryptocurrency transfer from Hamas
The sum which was seized reportedly included funds meant for, but not limited to, the Izzadin al-Qassam Brigades (the Hamas military wing).
Crypto startup Simplex sold for $250m.
The acquisition will provide Nuvei with an electronic money institution (EMI) license to offer IBAN accounts to end-users and corporations, and offers future banking and card issuing capabilities.
The 'metaverse' bet: crypto-rich investors snap up virtual real estate
Metakovan plans to put the artwork on display in four virtual world environments, in gallery complexes that the public can enter via web browsers or virtual reality.
