Hey Waivly Crew! 🌊 Charles Schwab’s first crypto-related ETF is expected to debut on the NYSE Arca later this week. The city of Miami is releasing 5,000 NFTs in partnership with Time, Mastercard, and Salesforce.
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Charles Schwab announces its first crypto-related ETF
Charles Schwab, the American multinational financial services company, is launching its first crypto-related exchange-traded fund (ETF) on August 4th.
The ETF, which is set to start trading on the New York Stock Exchange Arca under the ticker STCE, will provide access to the growing crypto ecosystem, Schwab Asset Management, the asset management arm of The Charles Schwab Corporation, said in a statement.
It’s important to note that STCE will not directly invest in cryptocurrencies. Rather, it is designed to track Schwab’s Crypto Thematic Index, which consists of firms that “may benefit from the development or utilization of cryptocurrencies and other digital assets.”
“For investors who are interested in cryptocurrency exposures, there is a whole ecosystem to consider as more companies seek to derive revenue from crypto directly and indirectly,” said David Botset, Managing Director, Head of Equity Product Management and Innovation at Schwab Asset Management.
With an annual operating expense ratio of 0.30%, STCE will be the “lowest cost crypto-related ETF available to investors today.”
Miami to release 5,000 NFTs with TIME, Mastercard, Salesforce
Over the weekend, the city of Miami’s Mayor Francis X. Suarez revealed plans to release 5,000 NFTs in partnership with Time, Mastercard, and Salesforce.
The NFTs have been designed by 56 different Miami artists and represent the city’s 56 square mile area, according to a city press release.
Time will be responsible for guiding the strategy, developing the creative, and launching the initiative, while Mastercard will offer holders access to exclusive benefits, such as special events at local restaurants and curated private tours in the city.
Salesforce will manage the minting and selling of the NFTs through NFT Cloud, a new product in closed pilot designed to help brands “deliver connected experiences across the physical and digital worlds.”
Mayor Suarez stated: "I am thrilled to be partnering with TIME, Mastercard and Salesforce on this initiative. The City of Miami has been on the vanguard of the web3 revolution and we will continue to employ these new technologies to support our existing businesses while attracting new ones, raise capital and provide experiences for our citizens and those visiting this great City. At the same time, we can also use this novel approach to support local artists and charities."
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NFT Special
Hyoerocean is a 3D artist who specializes in Blender. His new style is to simplify the design process as much as possible but still have interesting results, hence the "hyperbolic square" collection.
Pavlo’s work has allowed them to travel on a lot of business trips, where they collect various magnets and convert them into NFTs to sell on OpenSea.
The Crypsons is a one-of-a-kind collection representing characters from the famous cartoon show The Simpsons under the form of manually designed pixels NFTs. All characters are unique, but some are even more unique than the rest. There will be only 100 unique characters.
Amazon Drive is shutting down in 2023
Amazon has announced it will shut down its image and video cloud storage service Amazon Drive. The service will no longer be supported as of December 31st, 2023.
Amazon has indicated that there will be a cut-off date in which Amazon Drive users can still upload images and videos onto the cloud storage service. The cut-off date will be January 31st. For Android and iOS Amazon Drive users, the mobile app will be taken down from the app store this year on October 31st.
The decision to shut down Amazon Drive comes as the company wants to focus more on its efforts on Amazon Photos, which is software that will allow its customers a solution for storing their photos and videos. Amazon Photos is an alternative photo and video storage software similar to Google Photos and Apple’s iCloud Photo storage software. The company has stated they will continue to provide Amazon customers the ability to safely back up, share, as well as organize their photos and videos by using their Amazon Photos software. Files that are neither photos nor videos that are stored on Amazon Drive have to be downloaded.
Own and secure your crypto with Ledger
If you’re into cryptocurrency and own crypto assets, you need a secure place to store your coins and tokens. You probably already know that you shouldn’t store your crypto on an exchange due to potential hacks, not being solely in control of your crypto’s private keys, and for other reasons, and so a hardware wallet is the way to go and the best option to protect your private keys, therefore, you should make the move to a Ledger wallet.
Ledger wallets are an extremely secure and premium way to secure, manage, and grow your crypto assets with their Bluetooth-enabled hardware wallets, and easy-to-use app which lets you manage your portfolio on the go. They let you manage multiple assets, buy, sell, grow, and exchange crypto, gain financial freedom by you being in full control and ownership of your private keys, and so much more.
The wallets are really simple to setup, and to move your crypto over to, so there’s no reason not to secure your assets and take control of your cryptocurrency now and get yourself a Ledger device. You can manage 1800+ coins and tokens directly in the Ledger Live app once you’ve got your device up and running, so you’ll always have your entire portfolio covered.
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