Paraphrased text: Hamas, a major political party and Islamist militant movement in Palestinian territories, reportedly collected tens of millions of dollars in cryptocurrency donations prior to the deadly attack on Israel, resulting in the loss of 700 lives. Accredited sources indicate that between August 2021 and June 2023, Hamas gathered approximately $41 million worth of crypto donations, while their ally, Palestinian Islamic Jihad, received around $93 million during the same period. Investigations led by Elliptic and BitOK revealed that transactions associated with Hamas were traced back to Binance, the largest crypto exchange globally, leading Israeli authorities to freeze and seize multiple accounts connected to the group. Although efforts have been made to halt the flow of funds, Israeli authorities continue to face challenges in completely cutting off the financial support to Hamas and affiliated organizations. While cryptocurrencies serve as a major fundraising tool for Hamas, it is essential to note that the group also employs other state-sponsored fundraising strategies.