Tagged Bitcoin

Bitcoin fraud could be the next big thing for swindlers in Israel

Guy Maimon with his father outside the Tel Aviv bitcoin exchange where he just bought his first cryptocurrency, Dec. 19, 2017. (Andrew Tobin)

TEL AVIV (JTA) — Israelis lined up Tuesday afternoon at the newly opened bitcoin exchange in this city to purchase the coveted cryptocurrency. Amid the store‚Äôs yellow signage, the customers one by one inserted bank cards into a towering ATM-like machine. Sharply dressed young employees helped them make the… Read more »

Bitcoin makes aliyah: Cryptocurrency finds Israeli fans

Nimrod Gruber uses Israel's first Bitcoin ATM in Tel Aviv, June 12, 2014. (Ben Sales/JTA)

TEL AVIV (JTA) — Blocks away from the Tel Aviv Stock Exchange and the headquarters of two major banks, in the corner of the lobby of a boutique hotel, Nimrod Gruber sticks his hand into an ATM. A few seconds later, a QR code prints out. Gruber takes the… Read more »