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Israeli asset manager doubles its $100M Bitcoin investment in just two months
11.3.2021
The firm invested $100M into the Grayscale Bitcoin Trust late last year, it has sold one third and it's holdings are still worth $50M more than the purchase price
Israeli digital securities exchange gets preliminary green light from regulators
18.2.2021
The Israel Securities Authority has approved a request from Simetria to operate a digital bulletin board for investors ahead of its digital securities exchange launch
Lawsuit Against Israeli Crypto Entrepreneur Moshe Hegog Fails in US Court
27.1.2021
A Washington judge threw out the lawsuit after the plaintiff failed to make a case
Etoro Warns Customers to Brace for Suspension of Crypto Buy Orders due to an ‘Unprecedented Demand’
15.1.2021
Etoro, a trading and investing platform, has warned its customers to brace for possible limitations on their buy orders this coming weekend. The company says it might be forced to take this and other steps if the anticipated and unprecedented surge in demand for cryptos occurs. Unprecedented Demand...
Israeli Regulator Designates Utility Tokens Issued by Companies as Securities
6.1.2021
The Israel Securities Authority (ISA) recently ruled that utility tokens issued by companies are securities and, therefore, cannot be classified as assets. The ISA’s decision comes after Israeli tech startup Kirobo sought to convince the regulator that its planned token issuance did...
Israelis Must Now Disclose Crypto Holdings: Report
27.12.2020
Dozens of Israelis who own digital currencies have recently received notification telling them they must fully disclose their assets for taxation purposes
Israeli Tax Authorities Notify Cryptocurrency Owners to Disclose Their Holdings for Taxation Purposes
26.12.2020
The revenue collector, the Israel Tax Authority (ITA) has reportedly sent notifications to dozens of Israelis who own digital currencies asking them to fully disclose their assets and be taxed accordingly. In addition to sending letters to local citizens, the tax body has also sent inquiries...
How Israeli VCs Are Doubling Down on DeFi Startups
15.12.2020
The three co-founders of Collider Ventures agree Israel’s vibrant crypto industry waned, yet didn’t fizzle, throughout 2020
Black Shadow Hackers Demand 200 BTC Ransom from Israeli Insurance Giant Shirbit
6.12.2020
One of the largest insurance companies in Israel has been hit by a ransomware attack, and the threat actors started to release sensitive data, as the firm doesn’t pay the requested ransom in bitcoin (BTC). Israel-Based Shirbit Still Refuses to Pay $3.8 Million Ransom According to...
Israeli Firm Unveils Tech Allowing Users to ‘Undo’ Erroneous Ether Transactions
12.11.2020
Kirobo has repurposed its bitcoin transaction reversal feature to work on Ethereum
Investors fight to keep Bancor securities case out of Israeli court
3.11.2020
“Defendants say, in passing, that Israel is the more appropriate forum, but fail to provide any supporting detail,” stated lawyers in the class-action suit
Israeli Government Reportedly Investigating Unsuccessful Hack Targeting Crypto CEOs
6.10.2020
Mossad and Shin Bet are reportedly investigating an early September hack that hit 20 cryptocurrency executives
Israeli Lawmakers Plan to Exempt Bitcoin From Capital Gains Tax in Draft New Law
26.9.2020
Israeli lawmakers have proposed in a draft new law to treat bitcoin as a currency instead of an asset for tax purposes, local media reported. According to a report from Globes, four legislators from the Yisrael Beiteinu political party presented the Income Tax Ordinance (Taxation of the Sale...
Israeli Draft Bill Would Nix Hefty Capital Gains Taxes on Bitcoin
24.9.2020
The draft bill would define bitcoin and other cryptos as "currency" instead of an "asset" for tax purposes
Israeli regulators propose Bitcoin be taxed as a currency, not an asset
24.9.2020
“The regulatory reality in Israel is not adapted to the existing reality in the field,” the proposed bill states
Kiss’ Gene Simmons Tweets Cryptic Message About His Bitcoin Plans
17.9.2020
Rock band Kiss’ lead singer Gene Simmons has tweeted a cryptic message about bitcoin in response to a discussion on making cryptocurrency accessible to the masses. Simmons previously said he was interested in bitcoin, noting that its price goes up every time people think it’s dead. Gene...
INX exchange taps Israeli crypto startup GK8 for crypto custody
17.9.2020
The SEC-approved IPO holder prefers to store crypto 100% offline
Crypto Exchange INX Plans $117M US IPO With Small Israeli Underwriter
14.8.2020
Crypto exchange INX has told the SEC that its upcoming IPO will be underwritten by a relatively low-profile Israeli company called A-Labs
An Israeli Blockchain Startup Claims They’ve Invented an ‘Undo’ Button for Bitcoin Transactions
30.6.2020
A two-year-old Israeli blockchain startup says it has found a way to cancel crypto transactions if they are sent to the wrong wallet address
Israeli Firm Develops Tech Allowing Crypto Users to Retrieve Funds Sent in Error
30.6.2020
Israeli blockchain startup Kirobo says it solved the problem of funds being lost through errors in irreversible crypto transactions