Hamas has been reaping generous bitcoin (BTC, +13.9%) donations and sending them through Binance as violence escalated in Gaza this year, on-chain data shows.
According to three blockchain analytics firms and CoinDesk’s own analysis, Izz ad-Din al-Qassam Brigades, the militant wing of Hamas, received up to $100,000 in bitcoin since the beginning of 2021 – with a spike in donations in May, when Israel and Hamas exchanged multiple rocket attacks, resulting in hundreds of casualties. Read the complete article here.