Bitmain Closing Israeli Development Center
![Bitmain](https://lenta.fi/wp-content/uploads/2018/12/Israel-1024x575.jpg)
The development center of Bitmain set up in Ra’anana two years ago under Gadi Glikberg will close this week and its 23 employees will be laid off, “Globes” learned this morning. Glikberg, who is a VP at Bitmain, will also leave. The Israeli activity of one of the largest companies in the global blockchain industry […]
Israeli Investment House Offers Crypto Funds for Institutions
![Israeli Investment](https://lenta.fi/wp-content/uploads/2018/11/Israeli-Investment-1024x682.jpg)
Silver Castle Ltd., Israel’s first dedicated cryptocurrency investment firm for institutional and accredited investors, launched two funds this month and expects to have $50 million under management by the end of the year. The launch comes after a bad year for Bitcoin, which has fallen more than 70 percent from a record high last December. […]