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    Nomura launches Bitcoin adoption fund for institutional investors

    Targeting institutional investors, this move is part of a larger plan by Nomura, which is positioning the fund as “the first in a range of digital adoption investment solutions that the firm plans to introduce.”The Bitcoin Adoption Fund offers “long-only exposure to Bitcoin (BTC)” and is a segment of Laser Digital Funds Segregated Portfolio Company. Remarkably, it has been registered as a mutual fund under the Cayman Islands Regulatory Authority. To ensure regulated custody, Nomura has selected Komainu as its partner.Sebastien Guglietta, head of Laser Digital Asset Management, voiced the bank’s long-term perspective, stating, “Bitcoin is one of the enablers of this long-lasting transformational change, and long-term exposure to Bitcoin offers a solution for investors to capture this macro trend.”Nomura’s engagement in the digital asset ecosystem is not new. In September 2022, the bank initiated its digital asset venture capital arm, signaling its intent to remain at the “forefront of digital innovation.” Adding to its accolades, Laser Digital secured a license from Dubai’s Virtual Asset Regulatory Authority (VARA) to operate in the UAE as of August this year.The timing of the launch goes hand-in-hand with increased conversations around regulated Bitcoin investment products, not only in Japan but around the world.For instance, the U.S. Securities and Exchange Commission recently approved two Bitcoin-based futures exchange-traded funds. Additionally, both Canada and Europe have given the nod to several Bitcoin-focused investment products in recent years.Nomura’s Bitcoin Adoption Fund is a noteworthy development in the realm of institutional crypto investments, especially for a traditional financial powerhouse. It highlights the growing acceptance and potential normalization of digital assets within mainstream financial institutions.This article was originally published on Crypto.news More

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    Judges weigh early release for Sam Bankman-Fried as lawyers push First Amendment issues: Report

    SBF’s defense team and the U.S. Attorney’s office were each given roughly five minutes to argue before a panel of judges on Sept. 19. One of the judges reportedly claimed the SBF legal team’s First Amendment argument “has no play anymore” based on Bankman-Fried’s alleged attempts to intimidate witnesses including Caroline Ellison, the former CEO of Alameda Research.Continue Reading on Coin Telegraph More

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    Crypto Wallet Provider Issues Alert to ETH, Polygon Holders

    Ledger warns this group of users to be on the lookout for scam “voucher” NFTs sent to their accounts. According to the cryptocurrency wallet provider, these contain malicious links designed to deceive users into disclosing their 24-word recovery phrase.Users may get unsolicited NFT airdrops that look to be vouchers, guaranteeing free money if redeemed on a third-party website, according to Ledger. It that these NFT vouchers are scams and frequently contain links to third-party websites.In this scam, users are tricked into visiting third-party websites or apps where they will be asked to disclose their 24-word recovery phrase or sign a malicious transaction with their Ledger device, providing the scammer access to their accounts.In summary, users are to take the following steps when faced with an unwanted NFT voucher with links. The first step is to avoid any interaction with links or websites linked to the malicious NFT.Second, the NFT should not be sent to another account or burner address. This necessitates contact with the underlying smart contract of the NFT, which could be malicious and compromise the user’s account.Last but not least, conceal the NFT in Ledger Live by right-clicking on it and selecting “Hide NFT Collection.”This article was originally published on U.Today More