Israel News

Orbs Sued By Former Partner Elad Arad
Orbs Sued By Former Partner Elad Arad
06 August 2019, 12:14
Israeli blockchain entrepreneur Elad Arad filed a lawsuit against Orbs co-founders Uriel and Daniel Peled.
Eli and Assaf Gigi Arrested for Crypto Theft, $72m Bitfinex Hack
Eli and Assaf Gigi Arrested for Crypto Theft, $72m Bitfinex Hack
24 June 2019, 06:42
Israeli authorities arrested two brothers Eli and Assaf Gigi for using various schemes to steal cryptocurrencies from their victims.
Bits of Gold Sets Precedent With Legal Victory in Israel
Bits of Gold Sets Precedent With Legal Victory in Israel
04 June 2019, 09:56
Israeli Supreme Court made a final decision on a case involving Bits of Gold and Israeli Bank, Bank Leumi. The cryptocurrency exchange can now operate an account with the bank despite the nature of its business.
Is Bitcoin a Currency or an Asset? Israeli Court Rules Against Noam Copel
Is Bitcoin a Currency or an Asset? Israeli Court Rules Against Noam Copel
22 May 2019, 21:21
Noam Copel’s lawsuit against the ITA hinged on whether Bitcoin is a cryptocurrency or an asset with the warring parties taking up one side of the argument respectively.
Lawsuit Wants 50% of Ben-Sasson’s Ownership in Starkware
Lawsuit Wants 50% of Ben-Sasson’s Ownership in Starkware
23 April 2019, 06:06
The allegations claim that Starkware’s major product which is a zero-knowledge protocol (STARK) that helps blockchain scaling, was developed with resources that Ben-Sasson collected from Technion.
Israeli Man, Afek Zard Indicted for $9 Million Dash Crypto Theft
Israeli Man, Afek Zard Indicted for $9 Million Dash Crypto Theft
21 April 2019, 20:29
Alexei Yaromenko has filed an indictment against, Afek Zard, his roommate who allegedly stole 74.990.74 DASH (appr. $9 million) from his crypto wallet.
Court Says Bank Closing Israminers Account Was Wrong
Court Says Bank Closing Israminers Account Was Wrong
18 March 2019, 17:12
The court ruling blamed the Bank for adopting a “sweeping” policy that restricted it from providing service to customers who use virtual currencies and labeled it as “unreasonable.”
Israeli Committee Releases Advice for ICO Regulation
Israeli Committee Releases Advice for ICO Regulation
06 March 2019, 21:34
After two years, a committee set up by the Israel Securities Authority (ISA) has released recommendations for regulating ICOs in the country.
Moshe Hogeg's Party Denies Fraud Allegations
Moshe Hogeg's Party Denies Fraud Allegations
11 February 2019, 13:33
Lawyers representing Moshe Hogeg issued a denial response to the $4.6 million fraud lawsuit against the Israeli crypto investor.
Top 5 Crime Reports in Crypto This Week
Top 5 Crime Reports in Crypto This Week
28 January 2019, 15:27
In this article, we reveal the top five crime reports in crypto this week with Initial Coin Offerings and the hack of peer-to-peer crypto exchange, LocalBitcoins among the most prominent.
Institutional Crypto Investment in Israel Lifted With Two New Funds
Institutional Crypto Investment in Israel Lifted With Two New Funds
20 November 2018, 23:31
An Israeli-based crypto investment firm, Silver Castle Ltd has launched two new tokenized crypto funds that will attract more institutional investors to the industry
Digital shekel will not be issued
Digital shekel will not be issued
08 November 2018, 20:42

Israel will not be joining the list of countries to issue a Central Bank backed Digital Currency (CBDC), at least not for the meantime. A report released earlier this week by the Bank of Israel warned that a move in that direction should not be made after carefully studying the matter for nearly a year.