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๐Ÿค” SEC's Gensler says rebooted FTX is possible

If done โ€˜within the lawโ€™

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Hey Waivly Crew!ย ๐ŸŒŠ Instagram is testing a new feature that turns off read receipts for direct messages. SEC Chair Gary Gensler believes FTX could be revived under new leadership.

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Instagram is testing the option to turn off read receipts

Instagram is finally testing a feature that will let users turn off read receipts for Instagram direct messages.

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Meta CEO Mark Zuckerberg and Instagram head Adam Mosseri both announced the update on their Instagram Broadcast channels.

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Mosseri also shared an image of how the feature will work. The option will live under the Privacy and Safety tab, accessible by tapping on the name of the profile under a chat. From there, a section will appear called "Who can see your activity." Just switch the toggle below, and all views moving forward will become private.

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Visa launches global AI advisory practice

Visa announced the launch of its new global artificial intelligence advisory practice on Tuesday. The service will be offered by Visa Consulting & Analytics (VCA) and, according to a press release,ย focusย on โ€œproviding actionable insights and recommendations to empower clients to unlock the potential of AI and utilize generative AI.โ€

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Citing its โ€œ30-year AI legacy,โ€ Visa announced the practice alongside a range of new services related to empowering clients to understand the potential role of generative AI.

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The service will be tended by VCAโ€™s global network of โ€œover 1,000 consultants, data scientists, and product experts in 75 offices on six continents,โ€ according to the release.ย 

The Waves

๐Ÿ’ฌ Google calls on the EU to act over Appleโ€™s iMessage

โ€Žโ€Žโ€โ€๐Ÿชฆ Omegle shuts down after 14 yearsโ€Ž โ€Žโ€Ž

๐Ÿค Hulu and Disney+ are merging into one app

๐ŸŽฎ PlayStation is cutting off X sharing options

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Discover more Waves in the Waivly Community. Click here to get onboard! ๐ŸŒŠ

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Web3 Special

Ninety Eight, the creator of the Coin98 decentralized finance ecosystem, has launched a $25 million ecosystem fund dedicated to accelerating Web3 startups in Asia.

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ย According to the Tuesday announcement, the fund will provide financial and strategic support for selected startups. In addition, startups can leverage the firmโ€™s layer-1 blockchain, Viction, for low-gas-fee transactions and enhanced security.

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Another key aspect of the fund is its native token, C98, designed initially as a wallet token. The C98 token allows users to store, send, receive, and manage crypto assets, as well as connect to decentralized applications on over 40 blockchains.

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The United States securities regulator chief has hinted he would be open to a rebooted crypto exchange FTX โ€” as long as it's done "within the law."

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SEC Chair Gary Genslerโ€™s comments were made in response to reports that Tom Farley, a former president of the New York Stock Exchange, isย among a short list of biddersย attempting to buy the bankrupt crypto exchange founded by now-convicted fraudster Sam Bankman-Fried.

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โ€œIf Tom or anybody else wanted to be in this field, I would say, โ€˜Do it within the law,โ€™โ€ Gensler said in an interview at DC Fintech Week on Wednesday,ย accordingย to CNBC. โ€œBuild the trust of investors in what youโ€™re doing and ensure that youโ€™re doing the proper disclosures โ€” and also that youโ€™re not commingling all these functions, trading against your customers. Or using their crypto assets for your own purposes.โ€

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Cathie Wood'sย Ark Investย is preparing to launch a new suite of ETFs with 21Shares that will give investors "a robust set of options for introducing exposure to digital assets into a portfolio."

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"Leveraging onchain signals and our crypto-native experience, the suite aims to deliver long-term capital appreciation through strategic investments in Bitcoin and Ethereum futures contracts, and the application of blockchain technologies,"ย 21Sharesย said.ย 

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The ETFs will be listed on the Chicago Board Options Exchange (Cboe), according to prospectuses. There are a total of five products that will begin trading next week.

Waivly Jobs Highlights

๐Ÿ‘ฉโ€๐Ÿ’ป Content Marketer at Gauntlet

๐Ÿ‘ฉโ€๐Ÿ’ป Frontend Engineer at Dopamine

๐Ÿ‘ฉโ€๐Ÿ’ป Visual Designer at Wintermute

๐Ÿ‘ฉโ€๐Ÿ’ป Senior Digital Brand Designer at Gelato Network

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