Latest News Of Israel Tag

Bitmain shuts down Israel office, leaving all 23 employees jobless

Business 10 December 2018

Bitmain shuts down Israel office, leaving all 23 employees jobless

Israeli news outlet Globes reported on Monday that Bitmain’s development center in Ra’anana “will close this week,” leaving all its 23 staff members without a job.

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Israeli crypto businessman charged with embezzling ICO funds

Business 28 November 2018

Israeli crypto businessman charged with embezzling ICO funds

Moshe Hogeg, a known cryptocurrency entrepreneur in Israel, is reportedly facing embezzlement charges in connection with the missing funds from two initial coin offerings (ICOs).

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‘Not recommended’: Bank of Israel publishes report on central bank crypto

Business 9 November 2018

‘Not recommended’: Bank of Israel publishes report on central bank crypto

After devoting a team of researchers to establishing whether the bank should move towards a digital currency of its own, the findings have come back negative.

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Israel Securities Authority’s ‘Yael’ messenger now on blockchain

Tech 8 October 2018

Israel Securities Authority’s ‘Yael’ messenger now on blockchain

As part of its effort to improve security, the Israel Securities Authority has embedded blockchain technology in its messaging system, called Yael.

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Top leaders in Israel consider launching a state-backed crypto: report

Business 28 August 2018

Top leaders in Israel consider launching a state-backed crypto: report

The Bank of Israel and the Israeli Financial Ministry are reportedly viewing the prospect of launching a state-backed cryptocurrency, with negotiations still in progress on how to use blockchain to solve tax evasion issues.

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Bitmain doubles down on Israel development center

Tech 19 July 2018

Bitmain doubles down on Israel development center

Chinese crypto mining giant Bitmain is recruiting an additional 40 staff at its Israel development center, as the company doubles down on its research and development activities.

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Security analyst tries to sell stolen spyware for $50M in crypto: report

Tech 12 July 2018

Security analyst tries to sell stolen spyware for $50M in crypto: report

An Israeli man has been indicted for threatening national security after an attempted extortion against his employer, a firm working closely with the Israeli government to develop cyber security software.

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Israeli exchange Bits of Gold agrees to snitch on big crypto traders

Business 6 July 2018

Israeli exchange Bits of Gold agrees to snitch on big crypto traders

Bits of Gold, the Tel Aviv exchange with over 50,000 different customers, has said it will comply with the demands of the Israel Tax Authority by referring information on any traders clearing over $50,000 in any 12-month period.

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Bitcoin ATMs as a gateway drug to the crypto rabbit hole

Editorial 6 July 2018

Bitcoin ATMs as a gateway drug to the crypto rabbit hole

The first in a weekly column, A Power of Facing sets the tone for what to expect while examining what happens to a community when it discovers cryptocurrency by way of a Bitcoin ATM.

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Israel seizes 1,000 BTC in $8M money laundering case

Business 24 May 2018

Israel seizes 1,000 BTC in $8M money laundering case

Hilmi Git was indicted on charges of using hundreds of credit cards in 20,000 fraudulent transactions, and then laundering the money using BTC.

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Tel Aviv Stock Exchange develops blockchain-based lending platform

Tech 18 May 2018

Tel Aviv Stock Exchange develops blockchain-based lending platform

TASE said the security lending platform will be based on the Hyperledger Sawtooth, which uses Intel software Guard Extension to encrypt data transactions.

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Crypto trading firm eToro expands into US

Business 17 May 2018

Crypto trading firm eToro expands into US

Israeli-based cryptocurrency trading platform eToro has announced that it plans on expanding into the United States.

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