Posts

Showing posts from February 17, 2022

Spellfire: Crypto Project Older Than Crypto Starts a ‘10 Days Growth’ Sprint

Image
Spellfire has packed 30 years of history into an amazing experience and combined it with the latest trends of tomorrow. Defining the future of NFTs and adding new standards to collectible card games has become the core aims of game developers. St. Valentines day has marked an important date in the game’s development. “Massive news for 10 days in a row starting now – celebrities, MV integrations, leaks – be the first to know!” has appeared in their social media channels and made all their fans keep a close eye on the progress, also looking at the green candles appearing in $SPELLFIRE charts. Spellfire has worked, grown, developed, and made many partnerships and deals in recent times. The game’s development has reached incredible speeds and is almost ready to be shown-off. The best news was packed in the ‘10 Days of Growth’ sprint that has just started promising amazing developments every day. New NFT’s, celebrity backers, in-game partnerships, sneak-peaks, integrations of the game,

Sequoia Capital Designates $500-600 Million to Crypto Fund Focused on Liquid Digital Assets

Image
On February 17, the venture capital firm Sequoia Capital announced the launch of a new $500 million to $600 million sub-fund dedicated to “liquid tokens and digital assets.” The company noted during its announcement that the new fund highlights Sequoia’s strategic “commitment to crypto.” Venture Firm Sequoia Capital to Launch a Fund Focused on Liquid Tokens and Digital Assets The American venture capital firm headquartered in Menlo Park, California, Sequoia Capital is starting a fund that will be focused on investing in crypto assets. In a blog post dubbed “A Block Step Forward,” Sequoia says the new liquid token fund “complements” the firm’s ongoing crypto investing. Sequoia’s announcement further discussed prior partnerships with crypto movers and shakers like FTX CEO Sam Bankman-Fried and Michael Shaulov the co-founder of Fireblocks. The venture capital firm also mentioned blockchains like Ethereum, Solana, and “major” decentralized finance (defi) protocols. While investing in

US Lawmakers Introduce Bill to Mitigate Risks From El Salvador Adopting Bitcoin as Legal Tender

Image
Several U.S. lawmakers have introduced a bill to mitigate the risks from El Salvador adopting bitcoin as legal tender. “El Salvador recognizing bitcoin as official currency opens the door for money laundering cartels and undermines U.S. interests,” said a U.S. senator. US Concerned About Risks From El Salvador’s Bitcoin Law The U.S. Senate Committee on Foreign Relations announced Wednesday that Senators Jim Risch (R-Idaho), Bob Menendez (D-N.J.), and Bill Cassidy (R-La.) have introduced a bill titled the ‘‘Accountability for Cryptocurrency in El Salvador Act’’ or ‘‘ACES Act.’’ The proposed legislation requires a report from the State Department on El Salvador’s adoption of bitcoin as legal tender and “a plan to mitigate potential risks to the U.S. financial system,” the announcement details. The State Department report would include an analysis of El Salvador’s bitcoin adoption as legal tender and the risks for cybersecurity, economic stability, and democratic governance in El Sal