Israel Archives -
Israeli Prime Minister Benjamin Netanyahu accused Iran on Thursday of keeping a “secret atomic warehouse” just outside its capital, despite the 2015 deal with world powers that was meant to keep it from obtaining nuclear weapons. Hours later, Iran dismissed the allegation. Holding up a poster-board map of an area…
Russia blamed Israel for the loss of a Russian reconnaissance plane shot down overnight by Syrian defense systems, boosting tensions between Tel Aviv and Moscow.
WSJ.com: What’s News Europe
A Russian reconnaissance aircraft was brought down by a Syrian missile over the Mediterranean early Tuesday, killing all 15 people on board, the Russian defense ministry says. The ministry blames Israel for the crash, saying the plane was caught in the crossfire as four Israeli fighters attacked targets in northwestern…
Singer Lana Del Rey has canceled her planned performance at an Israeli music festival after pressure from Palestinian boycott activists, per the AP . In a Twitter message late Friday, Del Rey said that “it’s important to me to perform in both Palestine and Israel and treat all my fans equally….
Israeli warplanes struck dozens of targets in the Gaza Strip while Palestinian militants from the territory fired scores of rockets into Israel in a fierce burst of violence overnight and into Thursday morning. At least three Palestinians died—a pregnant woman, her 1-year-old daughter, and a Hamas militant, according to…
Before it was turned into an investment asset, the invention of Bitcoin promised to usher in a world where anyone can pay for anything they like without a need for getting prior approval from the powers that be. The demand for uncensorable transactions still exists, and the latest example of this comes from Israel where the largest cannabis community market has turned to bitcoin payments.
Telegrass to Accept Bitcoin Payments
Telegrass, an Israeli community-based cannabis marketplace with over 100,000 members, has announced earlier today on social media that it will start charging merchants for some services, offering discounts for bitcoin payments. The community works to promote the legalization of recreational use of cannabis in Israel and offers a platform to connect buyers and sellers via the Telegram network. Merchants can still list their products for free in one city but will have to pay in order to expand their coverage.
The new funds raised with bitcoin are meant to help pay the Telegrass staff, which have been working as volunteers so far, and further public legalization efforts. The marketplace has been the target of continued police attention for working to provide anonymity to buyers and greater security for sellers, offering client verification methods that are meant to weed out undercover cops.
A Growing Demand Among Investors
While the recreational cannabis market in Israel has been going through a slow decriminalization process, the legal cannabis market has been growing fast in recent years. “Canna Tech” startups have sprung up, agricultural companies have established sophisticated farms to supply pharmacies around the world with medical marijuana, and Israeli investors have been clamoring to get in on the action. Stocks related to the field have experienced stellar performance, and analysts often compare them to investing in bitcoin-related ventures as the two hottest trends.
We recently reported about Fantasy Network, a company traded on the Tel Aviv Stock Exchange (TASE: FNTS), that has ended all the plans it previously had to enter the “blockchain” space and turned to the legal cannabis business.
Is this development good for the ecosystem? Share your thoughts in the comments section below.
Images courtesy of Shutterstock.
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The Israeli military evacuated hundreds of members of the White Helmets, a Syrian volunteer organization, from the volatile frontier area on the Golan Heights and transported them to Jordan, reports the AP . It was the first such Israeli intervention in Syria’s lengthy civil war, now in its eighth year. Jordan…
Making no mention of the values of equality and democracy, Israel has passed into law a highly controversial bill that serves to define the nature of the state of Israel, with critics slamming it as the “nail in the coffin” of Israeli democracy.
CNN.com – RSS Channel – World
Israel’s parliament approved a controversial piece of legislation on Thursday that defines the country as the nation-state of the Jewish people but which critics warn sidelines minorities. The government says the bill, which passed the Knesset by a 62-55 vote, will merely enshrine into law Israel’s existing character. Prime Minister…
The Israeli military carried out its largest daytime airstrike campaign in Gaza since the 2014 war Saturday as Hamas militants fired dozens of rockets into Israel, threatening to spark a wider conflagration after weeks of tensions along the volatile border, the AP reports. No casualties or major damage was reported…