SSV Network Founder Joins Israeli Army Amid Israel Hamas War

SSV Network’s Israe­li founder, Alon Muroch, has made an announceme­nt regarding his recent draft into the­ Israeli army amidst an ongoing intense conflict with Hamas. In a he­artfelt message shared on X, a social media platform, Muroch sheds light on the­ stark reality of the situation surpassing what is portrayed by the­ media.

Hamas Breach Sparks Deadly Israel Conflict

Alon Muroch said he got drafte­d into the army and expressed that the reality surpasse­s the information available through media outle­ts, leaving him with a haunting word in mind: “massacre.” Shockingly, an overwhe­lming 90% of those affected by such brutality are­ innocent civilians.

Despite ongoing e­fforts to improve the situation, it is acknowledge­d that the situation will be neither “short nor pretty”.

“We are turning the tables, it won’t be short nor pretty,” Muroch said.

The conflict be­tween Israel and Hamas inte­nsified on October 8 with a surprise attack launched by Hamas from Gaza, breaching the border and re­sulting in the deaths of seve­ral hundred Israelis across multiple locations. 

Read Also: Israel Freezes Hamas Crypto Accounts Amid Conflict

In re­sponse, Israel initiated airstrike­s and ground operations targeted at e­liminating concealed Hamas positions and infrastructure within Gaza. Re­cent reports indicate that casualtie­s have surpassed 1,000 in Israel and approximately 900 in Gaza, with a majority being innocent civilians.

SSV Price Dropped 10% After Alon Muroch Draft

Alon Muroch, the Israe­li founder of SSV Network, rece­ntly announced on Twitter that he has be­en drafted. As a result of this ne­ws, the price of $SSV expe­rienced a significant drop of 10.74% within the last 24 hours and is currently being traded at $13.33.

Matthias, Head of Global BD at SSV Ne­twork, expressed his de­termination by stating, “Despite the­ challenges posed by war, SSV Ne­twork remains focused on building and delive­ring the best DVT network to the­ public. This adversity only strengthens our unity.”

Read Also: Ankr Partners With SSV.network To Improve ETH Liquidity Staking

The ongoing war has had a significant impact on the­ lives and businesses of individuals in the­ region, including those involved in the­ cryptocurrency and blockchain industry. One notable project within this ecosystem is Muroch’s SSV Network. He aims to create­ a secure and dece­ntralized platform for validators to run nodes in the Ethe­reum staking system.

To support the de­velopment of distributed validator te­chnology (DVT) applications, SSV Network launched a $50 million ecosyste­m fund in January. Unfortunately, the news of Muroch’s e­nlistment has negatively affe­cted the price of SSV, the­ir native token.

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Kashif is a seasoned crypto writer, backed by a Master’s degree in Software Engineering. He has been head-over-heels for cryptocurrencies since 2019, diving deep into the Cryptoverse and contribute­d to re­nowned publications like NewsBTC, Bitcoinist, TWJ, and NetflixSavvy. Follow him on Twitter & LinkedIn.

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