Myanmar’s shadow government backs launch of crypto-based bank
The Spring Development Bank is Myanmar’s first financial institution to run entirely on crypto and blockchain.
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Binance.US backs out of $1B Voyager asset purchase, blames regulatory environment
The parties got the go-ahead on the deal last week, after overcoming several objections. Binance.US did not say what compelled it to change its mind now.
FTX acquisition no more: Canadian exchange Bitvo backs off the deal
Bitvo has managed to back off its acquisition agreement with FTX exchange thanks to long approval process of the deal from local regulators.
Vitalik Buterin ‘kinda happy’ with ETF delays, backs maturity over attention
Sharing his opinion around crypto regulations, Buterin spoke against the regulations that have an impact on the inner workings of a crypto ecosystem.
Ripple’s $250M fund backs Web3 projects focused on ‘entertainment and media’
A Ripple executive said the company believes that tokenization can transform the creator economy and create new business models.
Nifty News: Yuga Labs launches BAYC council, Animoca backs Cool Cats and more…
Solana NFT volume surged to $130 million in September and Gary Vaynerchuck’s VeeFriends are set to be released as collectibles at Macy’s and Toys “R” Us.
Crypto.com backs out of $495M sponsorship deal with UEFA Champions League: Report
The crypto exchange reportedly stepped in as a potential sponsor after the Champions League dropped Russian state-owned energy firm Gazprom.
Bank of Russia backs cross-border crypto payments vs. domestic trade
Cryptocurrencies can be used in cross-border or international payments only if they don’t get into Russia’s domestic financial system, the Bank of Russia governor said.
Singer Kiesza backs robot NFT to give prosthetic limbs to a young man and a dog
The proceeds will be used to 3D print a leg for a dog named Cuco and an arm for a young man named Jesus.
Dogecoin Jesus? Roger Ver resurfaces on Twitter, backs DOGE over BTC
“Bitcoin Jesus” Roger Ver has made a comeback to Twitter and says Dogecoin is a top contender for the world’s dominant cryptocurrency.