Israeli NGO to Sue Coinbase For Allowing Crypto Donation to Hamas

A cryptocurrency exchange, Coinbase have been threatened by a lawsuit from an Israeli NGO if they don’t stop the Hamas fundraising in their platform. In its warning letter, “By providing material support or resources to Hamas is a violation of U.S. federal criminal law, and to demand to terminate all accounts and services provided to Hamas.”

The post Israeli NGO to Sue Coinbase For Allowing Crypto Donation to Hamas appeared first on Incrypts.

Israeli NGO to Sue Coinbase For Allowing Crypto Donation to Hamas

A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.

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