Daniel Schreiber and Shai Wininger Lossmaking Lemonade postpones IPO - report

Like other Softbank portfolio companies WeWork and Uber, Israeli insurtech startup Lemonade has high revenue, but it is still losing money.

Herzliya Medical Center Migdal in advanced talks to buy Herzliya Medical Center stake

Sources: Yair Landau is seeking to sell shares at a valuation of NIS 800 million-1 billion.

Eyal Lapidot IDB completes Clal Insurance deal with Eyal Lapidot

The sale of 5% of Clal Insurance to Lapidot crystallizes a loss of NIS 60 million for Eduardo Elsztain's IDB Development.

Moshe Hogeg Photo: Yonatan Bloom Moshe Hogeg in $2-6m token sale for BlockTV venture

BlockTV's digital coins will be offered on the Bittrex Global cryptocurrency exchange.

Elnor Rozenrot / Photo: Brennan Goldstein Israeli fintech co CreditStacks raises $10m

CreditStacks offers credit cards and credit through digital services to new immigrants to the US and students.

Yoni and Ronen Assia eToro buys cryptocurrency monitoring co Delta

Belgian startup Delta will be under the management of eToro managing director Doron Rosenblum.

Michel Siboni Harel issues profit warning

A NIS 900 million provision, mostly for nursing care insurance, caused by the fall of the risk-free interest rate, is causing the company a NIS 250 million third quarter loss.

Yitzhak Tshuva Delek completes NIS 1.57b sale of Phoenix

The Centerbridge and Gallatin Point Capital investment funds are buying the cntrollong 32.5% stake in the Israeli insurance company.

Mobile terminal PIN codes to be compulsory for Israel credit card purchases

Starting in January 2020, only businesses using the new payment method will have their transactions protected.

Bitcoin Israeli crypto exchange DX halts activity

DX.Exchange, which operates from Estonia and is fully owned by Limor Patarkazishvili, stated that if the exchange is not acquired, it will not resume activity.

Barclays Bank  photo: Reuters Barclays launches Israel private banking desk in Switzerland

The desk will be manned by a team of Israelis formerly with Credit Suisse.

Libra  / Photo illustration: Shutterstock, Facebook will be unable to control Libra

Libra’s distributed governance will encourage a new wave of innovation and competition in financial service - Facebook will only have one vote out of at least 100 - Libra's founder says.

Vitalik Buterin "Facebook's Libra is wakeup call for governments"

Ethereum cofounder and blockchain technology leader Vitalik Buterin tells "Globes" about the risks and challenges posed by cryptocurrencies.

Anthony De Lannoy "Never mind the deficit, watch the demographics"

IMF executive Anthony De Lannoy, in Israel for Cyber Week, sees the time coming when the rest of Israel's population will refuse to finance social benefits for non-working haredim.

Amir Kahanovich "Bank of Israel should cut rate below zero"

Phoenix Excellence chief economist Amir Kahanovich believes interest rates will stay low for years to come and real estate prices could rise significantly.

Dror Avieli and Daniel Heyman "We want blockchain to create value for enterprises"

Daniel Heyman and Dror Avieli of ConsenSys, the world's largest blockchain concern, map the future of its Ethereum technology.

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