Cryptocurrency has become the latest front in the conflict between Israel and Hamas, analysts say.

According to AFP, Israeli and US authorities have intensified their financial hunt into Hamas in recent days as they track funds via digital currencies. Ari Redbord, global policy head at crypto tracking specialist TRM Labs, said there is now less crypto transfer activity on pro-Hamas support networks as a result.

“We are seeing a lot less activity in some respects since the war began,” Redbord told AFP. This is “primarily because Israel has been very aggressive and successful in taking down these fundraising efforts”, he added.

Israeli strikes have now killed more than 6,500 people in Gaza, according to the Hamas-run health ministry.