Rebex.io - your cryptocurrency exchanger

[Rebex.io]

Semler Scientific, a publicly traded medical technology company active in the U.S. stock market, announced the purchase of another 83 bitcoins. This transaction is valued at approximately $5 million dollars. Thus, the company continues to deepen its investment in the cryptocurrency, following its established financial strategy.

 

[Rebex.io]

Rebex.io - your reliable exchanger! Instant transactions, favorable rates and simple interface! Start exchanging crypto today!

 

[Rebex.io]

Last week saw notable outflows from cryptocurrency investment products, which occurred amid the release of strong economic reports from the United States. According to the latest CoinShares report on flows into digital asset funds released on September 2, total outflows totaled $305 million and were driven by better-than-expected economic data.

 

[Rebex.io]

Authorities in California have set a limit on withdrawals from crypto machines of $1,000 per day. The court recognized the introduction of these limits as an effective precautionary measure, which is aimed at reducing the risks of cryptocurrency fraud and protecting consumers using crypto services. The idea of introducing such a limit was proposed by the authorities as early as last fall. However, earlier this year, the Alliance for Fair Access to CryptoMats filed a lawsuit claiming that these limits are excessive and beyond the scope of legal authority.

 

[Rebex.io]

A new protocol called Babylon was launched in the bitcoin network. Its introduction immediately caused a significant increase in user activity, and commissions on the network increased more than tenfold.

Babylon is a revolutionary technology that provides opportunities for bitcoin steaking. In early 2024, the startup was able to raise over $70 million in an investment campaign organized by Paradigm.

 

[Rebex.io]

The UK government has tabled a bill in Parliament that would recognize cryptocurrencies, non-fungible tokens (NFTs) and real world tokenized assets (RWAs) as personal property. The document also provides advice for lawyers on how to resolve ownership disputes, including divorce cases. This bill will provide protection for cryptocurrency owners, both individuals and businesses, who have been victims of fraud.

 

[Rebex.io]

Analysts at Binance, the largest centralized crypto exchange, reported multiple cases of malware changing withdrawal addresses during transactions. They urge caution when installing plugins and apps, including web and Android and iOS versions.

 

[Rebex.io]

Bead Pay is helping Louisiana authorities simplify the process of using cryptocurrencies to pay for government services. Its service converts incoming cryptocurrency payments by transferring the amounts into U.S. dollars to local government accounts.

State authorities are confident that the introduction of a payment system using bitcoin and other cryptocurrencies will help reduce the number of fraudulent transactions, speed up the payment process and improve the quality of service to citizens.

 

[Rebex.io]

The average commission per transaction on the Ethereum network has increased to $3.98, which is almost five times the value of early September, when the figure fell to $0.85.

The increase in the cost of transactions in the blockchain of the second most capitalized cryptocurrency has led to an increase in the burn rate. Thus, on September 1, 80.27 ETH were withdrawn from circulation, and on September 21, 1,360 coins were already withdrawn.

Despite the sharp increase in commissions and burn rates, the average number of active addresses has decreased by 14% since the beginning of the month - 373,770 compared to 435,340.

Recall that against criticism of Ethereum due to negative price dynamics, Bitwise's CIO, Matt Hougan, expressed support for the second cryptocurrency, emphasizing its potential.

Earlier, he also spoke in favor of launching an ETF for meme-coins.

 

[Rebex.io]

T

urkey will not consider introducing a tax on profits from trading stocks and cryptocurrencies this year. According to Vice President Cevdet Yılmaz, the issue was previously discussed, but was eventually dropped from the agenda. Instead, officials will focus on reducing tax breaks in the short term.