Kazakhstan's central bank may be about to ban cryptocurrencies, at a time in which the rest of the world takes a friendly stance towards them. A recent study showed the country's users are getting increasingly more interested in cryptos.
OKEx's bitcoin futures contracts recently dropped to a low of $4,755, dipping much harder than the rest of the cryptocurrency ecosystem. This saw various traders see their positions liquidated, and one trader threatened to commit suicide.
Privacy-oriented cryptocurrency Verge (XVG) recently asked its users for 75 million XVG (worth about $3.19 million) so it could establish the “largest cryptocurrency collaboration to hit the market.” To incentivize donations, it now launched a ‘crowdfund contest’ that’ll reward users who donate specific amounts of XVG.
Binance is moving to Malta after Japan's Financial Services Authority (JFSA) warned the cryptocurrency exchange it needs to register with it, or face being criminally prosecuted.