Sync Community Raising 15 BTC to Help Lead Developer Leave Gaza
The Sync community is raising funds to help its lead developer and his family escape the Gaza Strip.

UPDATE (27th August 20:20 BST): This article has been updated with comment from Sync lead developer Iyad Elkfarna, who also provided a birth certificate confirming residency in Gaza.
A grassroots charity drive is seeking bitcoin donations to help a freelance software developer and cryptocurrency community member escape the war-torn Gaza Strip region.
Iyad Elkfarna has been involved in the development of numerous coin projects and currently serves as lead developer for the alternative digital currency project Sync. His most recent work for that project was the last edition of their wallet client. Elkfarna is also an active freelancer with a top rating on outsourcing website Freelancer.com.
According to Mike Fiol of the Sync Foundation, the goal of the initiative is to raise 15 BTC in orer to help Elkfarna and his family evacuate from their home in Gaza. He said that the situation is an opportunity for investors, traders and others to help a fellow community member in his time of need. The wallet address can be found here.
Fiol told CoinDesk:
“Crypto needs to step up and save one of its own. I have no doubt people have made tons of money off all the coins [Elkfarna] worked on.”
He added that Elkfarna did not request any assistance for either himself or his family. Rather, the effort grew out of what Fiol called “the horrors” observed amid the war between Hamas and the Israeli government.
In a statement provided to CoinDesk, Elkfarna said that the situation is dire in Gaza and that his family has few options, given that their home has been caught up in the ongoing conflict, explaining:
"I was running a small online business and is nothing to do with any of the madness and killing that is going on at the moment. Now my house and all of my possessions have been destroyed in a recent random airstrike. This includes my computer and equipment that I use to make a living and provide for my family."
Fighting between the two sides has intensified in recent weeks, resulting in hundreds of civilian and military casualties and a mixture of support and protest from nations and governments worldwide. On 26th August, both Israel and Hamas agreed to a cease-fire brokered by Egypt, as reported by The New York Times.
Social support for charity initiative
The effort began on Twitter, where one user explained it as a way to give back to a developer who has contributed to the community in numerous ways.
Im starting a drive to save one of our own. $Sync Lead Dev is stuck in Gaza, terrified for his and his family. He needs to get out...1/
— Gw3 (@smokin35) August 26, 2014
Members of the alt community on later voiced their support and have begun donating bitcoin to the cause.
@smokin35 0.05 btc going your way, not much because I withdrew a lot lately, but its something, at least. — Sherlock Crypto (@crazy_crypto) August 26, 2014
The drive reflects the growing role of social media to highlight situations in troubled regions, and represents a first for the crypto community. At press time, the initiative had raised more than 3.5 BTC. CoinDesk will provide updates as the situation develops.
More For You
Pudgy Penguins: A New Blueprint for Tokenized Culture

Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.
What to know:
Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.
The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.
More For You
Anthony Scaramucci-linked AVAX One tumbles 32% on uncertainty around shareholder sales

The firm, which holds AVAX tokens and related Avalanche ecosystem assets, registered roughly 74 million shares held by insiders.
What to know:
- Shares of AVAX One, a digital asset treasury firm advised by Anthony Scaramucci, fell more than 30% after the company filed to register up to nearly 74 million shares held by insiders as available for sale.
- The registration, which enables early investors to resell previously restricted stock, stoked fears of dilution.
- AVAX One's move reflects broader pressures on crypto-native public firms whose stocks trade at steep discounts to the value of their token holdings, though it remains unclear if or when the registered shares will be sold.











