Money

Crypto companies spend record $640 million buying back own tokens

Digital asset firms adopt a familiar traditional stock market tactic to combat the sector's prolonged slowdown, but despite massive investment, it is unclear if the market cares.

The $640 million drill: The crypto industry tries to save itself from collapse.
Petri Beach, Kefalonia, Greece.

The surprising numbers behind Israelis' summer vacation habits

While Wall Street braced for $20K, Bitcoin rewritten the rules - roaring past $71,000.

Bitcoin roars back above $71,000 as crypto markets rally

Before you invest your time or money: Everything you need to win the game, on and off the screen.

Level up: Exploring the world of online gaming


Israel’s digital wallet boom signals a new era for online payments

“Mobile payments have become more mainstream than any other form of payment.”

Wet wipes company sold for NIS 178 million

Dynamic recently entered insolvency proceedings, but this morning the court approved its sale to the Ronen Elad Holdings Group for NIS 178 million.

Illustration: Woman using a wet wipe

$7.6 billion in half a year: Tech fundraising surged by 52%

The innovation industry concludes a dream first half with $7.6 billion, led by cyber and foreign investors.

Illustration: Startup company

The ex-wife concealed a rare blue diamond worth millions of shekels

The man claimed that the woman exploited her time alone in the house to empty a hiding place of jewelry and diamonds worth NIS 3.2 million. The woman denied his claim.

Illustration: Blue diamonds

The Finance Ministry’s new move targets small savings

New reform: Instead of paying a penalty to the Tax Authority every time you want to switch to a more profitable track, you will be able to skip between companies and products completely freely.

Shekels and dollars

Aligned is raising $60 million

After being ranked at the top of G2's summer reports, the Israeli company Aligned signs an impressive Series B funding round.

Aligned founders - Yotam Sela, Gal Aga, and Gal Deitsch

Confessed to stealing from the register – and received NIS 278,000 in compensation

Employers who "cut corners" and do not maintain hour registration as required by law find themselves facing massive lawsuits of hundreds of thousands of shekels.

She stole NIS 500 from the register, but was awarded compensation of NIS 278,000

Kramer opens the summer

Shlomo Kramer, CEO and founder of Cato Networks, celebrated the company's growth, which reached a valuation of $4.8 billion, at an elaborately produced summer party at Hangar 11.

Shlomo Kramer

The wealth report: A record number of millionaires worldwide

The Global Wealth Report reveals a surge in personal wealth and a record number of millionaires. Where does Israel rank in average wealth?

Dollars

Employee fired after 7 years for taking home two board games

The court ordered the reinstatement of an employee who was fired under the claim that he stole two board games from the company, which he found in the restroom and the kitchenette.

Monopoly