Israel Financial News

24.07 / 10:57

Ethereum Platform Southern Bitcoin reports Short-term scenario of the cryptocurrency market remains bleak: Reports

The crypto market incurred one of the worst quarter performances over Q2 of 2022. All major cryptocurrencies fell hard during this period. Bitcoin [BTC] and Ethereum [ETH] headlined the steep decline of the state of the crypto market. The fall in asset prices has also resulted in a change in wealth distribution patterns across investors.

15.07 / 22:17

European Union Human Rights Joe Biden and Saudi crown prince begin big meeting with fist bump

A crucial meeting to repair one of the world's most important diplomatic relationships began with a fist bump Friday as Saudi Crown Prince Mohammed bin Salman welcomed U.S. President Joe Biden at a royal palace.

15.07 / 10:35

business Technology Killing Biden to meet with Saudi Arabia leaders despite Khashoggi killing criticism

President Joe Biden will discuss energy supply, human rights, and security cooperation in Saudi Arabia on Friday on a trip designed to restart the US relationship with a country he once pledged to make a "pariah" on the world stage.

13.07 / 15:19

Twitter Action Software Fastenal Delta Stocks making the biggest moves premarket: Delta Air Lines, Twitter, Snap and more

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07.07 / 16:13

European Union Heatwave EU braces for tough wildfire season and warns drought could become 'worst ever'

The European Union is bracing itself for a difficult wildfire season with hundreds of firefighters from different member states being deployed as the drought in southern European countries could become "the worst ever".

06.07 / 17:47

business Blockchain Adoption Bitcoin What does a bear-market ‘cleanse’ actually mean?

In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century.

05.07 / 21:17

business eToro eToro to terminate $10B SPAC merger in mutual agreement with acquisition firm

On Tuesday, special purpose acquisition company (SPAC) FinTech Acquisition Corp. V announced that it terminated its purposed takeover of Israeli cryptocurrency exchange eToro via a bilateral agreement. In explaining the decision, Fintech V chairman of FinTech V Betsy Cohen said:

05.07 / 11:31

Exchange Maker Crypto Chaos Continues as Loans Firm Cuts Withdrawal Limit, 3AC Moves Funds, & Celsius Apparently Pays Maker

Crypto turmoil continues to deepen in the bear market, with more Celsius-related developments, another crypto loans firm introducing restrictions, and more activity from Three Arrows Capital (3AC) – which appears to have moved some of its funds.

04.07 / 14:21

MARKET Career CEL Fresh Blow for Celsius with 150 Staff Reportedly Fired, But CEL Up 19%

Another crypto lender has apparently hit the rocks, with reports claiming that the already troubled Celsius Network (CEL) has axed 150 employees.

03.07 / 11:57

Blockchain Technology Bitcoin crypto framework Framework Israel’s regulator teases comprehensive crypto framework at ICC

30.06 / 13:39

Blockchain UPS Digital Citizens Bank of Israel investigates anonymous digital shekel payments

The experiment examined a model developed by VMware that would see citizens have a wallet that can hold “ordinary” digital shekels, the transfer of which is recorded in the ledger, and “private” digital shekels, the transfer details of which are not recorded openly, and where both sides to the transaction enjoy complete privacy as with cash payments. The bank or government would set out a periodic “budget” for payment using private shekels.

30.06 / 09:13

European Union Energy What the Commission wants you to do to save energy as Russia cuts taps

The European Commission is expected to unveil a common European Emergency Demand Reduction plan in July in a bid to be prepared should Russia turn off the oil and gas taps further.

29.06 / 17:47

Government Blockchain Gaming Bitcoin Crypto Bull Run Bull run Governments, enterprise, gaming: Who will drive the next crypto bull run?

28.06 / 11:49

business regulation Court Celsius denies allegations on Alex Mashinsky trying to flee US

Troubled crypto lending firm Celsius is putting their best foot forward to recover operations alongside CEO Alex Mashinsky, who currently stays in the United States, the company has claimed.

27.06 / 14:29

Twitter CEO Platform Exodus Celsius CEO Stopped by Authorities from Leaving US: Report

Crypto lender platform Celsius Network CEO Alex Mashinsky was reportedly stopped by authorities from leaving the U.S., amid insolvency rumours about his company.

24.06 / 19:49

European Union Shireen Abu Akleh: UN says Israeli forces shot and killed Al Jazeera journalist

The UN human rights office has said that Al Jazeera journalist Shireen Abu Akleh was shot dead by Israeli troops, and not Palestinian forces.

23.06 / 20:09

Dogecoin Blockchain Discover Doge Why a hike in Dogecoin [DOGE] adoption doesn’t tell us the whole story

According to a recent report by blockchain analytics company Elliptic, Dogecoin is becoming more and more linked to illegal activity. This includes Ponzi schemes, terrorism funding, and child sex abuse material (CSAM).

23.06 / 13:49

Dogecoin Adoption Crime Popular Meme Coin Dogecoin Used in 'Most Serious' Crimes

Dogecoin (DOGE), the world's largest meme coin in terms of market capitalization, is being used by illicit actors in the "most serious types of crime," according to a recent report from blockchain analytics firm Elliptic.

22.06 / 19:37

Art European Union Time Saudi crown prince visits Turkey for first time since Khashoggi murder

Saudi Crown Prince Mohammed bin Salman has arrived in Turkey for his first visit to the country since the killing of dissident columnist Jamal Khashoggi.

22.06 / 00:13

Blockchain CBDC Adoption regulation Bank of Israel experiments with central bank digital currency smart contracts and privacy

On Monday, the Bank of Israel released the results of a lab experiment that examined user privacy and the use of smart contracts in payments. This was the central bank’s first technological experiment with a central bank digital currency (CBDC).

21.06 / 02:45

Blockchain UPS Digital Citizens Bank of Israel investigates anonymous digital shekel payments

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