Israel

Iran’s attack on the Israeli military bases has escalated tensions between Iran and Israel, adding fuel to the fire of an impending third World War. These tensions have had a massive impact on the crypto landscape, causing a crash in the meme coin rally. The market sentiment has changed from optimism surrounding PEPE and BONK to pessimism taking the lead. On-chain data shows a massive decrease in the market shares of these meme coins, while the emerging DeFi star- DTX…

The post Bank Of Israel Launches Its Own CBDC – THE DIGITAL SHEKEL appeared first on Coinpedia Fintech News The Bank of Israel has announced its own CBDC experiment inspired by the BIS Innovation Hub’s Project Rosalind, titled the ‘Digital Shekel’. This initiative, called the ‘Digital Shekel Challenge’, aims to connect to the CBDC system via APIs. The application deadline is July 11. The Bank of Israel intends to engage various service providers in co-developing an advanced digital payments ecosystem…

The price of Bitcoin took a nose dive on Saturday following reports of Iran launching missile and drone attacks on Israel. Alongside the market leader, many other prominent cryptocurrencies also experienced a significant selloff as news of a brewing international conflict in the Middle East circulated on the internet. Bitcoin Suffers Major Decline For Second Consecutive Day According to multiple reports on April 13, Iran commenced a drone attack against Israel in retaliation to an attack on an Iranian diplomatic…

As part of an ongoing campaign against terrorism funding, Israeli officials have confiscated 30 crypto wallets from the Gaza-based exchange Al-Mutahadun. Wallets Seized from 12 Accounts The head of Israel’s Ministry of Defense, Beni Gantz, gave the green light for the seizure on Monday, February 28. Following this, officials from the Ministry, the Police, and the Military pooled resources for the operation. Together, the joint force took possession of 30 wallets suspected to be affiliated with the Hamas terrorists. Alongside…