The Israel-Hamas Conflict and the Role of Technology
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Get the 5-minute newsletter keeping 2M+ innovators in the loop: https://thehustle.co/ The current conflict in Israel wasn't made possible simply by weapons and rockets. Technology enabled and worsened the situation. In addition to Hamas’ deadly attacks on the ground, hackers targeted Israeli infrastructure. Per SecurityWeek, hackers took emergency warning systems temporarily offline and targeted a power grid organization, power plant, and the nation's largest electrical supply. But perhaps the biggest influence of technology was the role of cryptocurrency. Hamas and two other groups linked to the attack bypassed international banking systems via crypto and funded their attacks using digital wallets. Freezing these digital accounts is going to be a game of whac-a-mole unless leading crypto exchanges crack down on financial crimes. Image source: Getty Images For more sources and context: https://thehustle.co/the-world-was-already-horrifying-technology-is-making-it-more-so/