CTech’s Wednesday Roundup of Israeli Tech News

The gender wage gap is bigger in Israel. In Israel, women earned 69% of the average male monthly salary in 2017, according to a new report published by the Israeli Central Bureau of Statistics on Monday. The global average wage gap between genders lies at 19%. Read more

Bank of Israel sets up an interministerial team to formulate crypto regulation. The team will coordinate financial regulatory policy related to virtual assets and blockchain technology in the country. Read more

Income taxing of options applies to a small share of Israeli tech employees. Out of 500 employee option plans reviewed across around 90 private companies, only three employees had plans that could, perhaps, fall under the purview of the new memo. Read more

An Israeli-German team wants to use micro-satellites to study climate change. The researchers, who plan to launch 10 satellites the size of a shoebox into orbit in just a few years, recently won a 14 million euros research grant. Read more

Xenon Ventures buys Israeli cloud company Xplenty. Most of the employees of Tel Aviv-based Xplenty will be laid off. Its founders will remain in an advisory capacity. Read more

Gig marketplace Fiverr opens first Europe office in Berlin. Fiverr’s plans for the Berlin office include holding training sessions and networking events for freelancers, producing German-speaking informative videos, and introducing additional payment method. Read more

News Briefs

Self-diagnosis startup K Health raises $25 million. Read more

Cervical cancer detection startup Biop gets FDA approval. Read more