dChan
Anonymous ID: 77ad52 Feb. 11, 2021, 6:44 a.m. No.56102   🗄️.is đź”—kun

Bitcoin surges to all-time high after BNY Mellon embraces cryptocurrencies

 

Bitcoin on Thursday jumped over 8% to an all-time high of $48,481 after Bank of NY Mellon said it had formed a new unit to help clients hold, transfer and issue digital assets. The new unit at BNY Mellon, called the Digital Assets unit, is expected to roll out the offerings later this year, the bank said.

https://www.reuters.com/article/crypto-currency/bitcoin-surges-to-all-time-high-after-bny-mellon-embraces-cryptocurrencies-idUSL8N2KH656

https://www.coindesk.com/price/bitcoin

Anonymous ID: 77ad52 Feb. 11, 2021, 7:14 a.m. No.56104   🗄️.is đź”—kun   >>6124 >>6159 >>6196 >>6203

99-6143 USAFSOC C-32B departing Eglin AFB north

COBRA54 USAF Cobra Ball out from Offutt AFB

RCAF CFC3095 Challenger sw from Ottawa

KOMODO4 USAF E08 Joint STARS getting started out of Robins AFB GA

169543 US Navy P-8 Poseiden heading se from NAS Jax along eastern Fl

Anonymous ID: 77ad52 Feb. 11, 2021, 7:47 a.m. No.56108   🗄️.is đź”—kun   >>6124 >>6159 >>6196 >>6203

Just 270 crypto addresses laundered $1.3 billion in dirty funds last year, research shows

 

Just 270 cryptocurrency addresses, many connected to over-the-counter brokers, received $1.3 billion in illicit digital coins last year - some 55% of all criminal crypto flows identified by U.S. blockchain researcher Chainalysis. A cryptocurrency address is a set of random letters and numbers that represents a location on a virtual network. Bitcoin, for instance, can be sent from a particular address to others on its network.

 

The illegal use of cryptocurrencies has long worried regulators and law enforcement, with U.S. Treasury Secretary Janet Yellen and European Central Bank President Christine Lagarde both calling for tighter oversight last month. The calls for stricter rules have come as bigger investors, especially from the United States, have stepped up their embrace of bitcoin, turbo-charging a 1,000% rally for the world’s biggest cryptocurrency since March last year.

 

Bitcoin hit an all-time high of over $48,200 on Tuesday after Elon Musk’s Tesla Inc revealed a $1.5 billion bet on the coin, leading some investors to claim cryptocurrencies were set to become a mainstream asset class. Yet virtual money is subject to patchy regulation across the world, and remains popular with criminals. On Wednesday, for instance, European police agency Europol said it assisted in the arrest of hackers suspected of stealing crypto assets worth $100 million. The Chainalysis study here only covered crime that originates on the blockchain ledger that underpins most cryptocurrencies, including scams, cyberheists, ransomware and darknet marketplaces used to buy contraband. Also linked to the digital addresses were services connected to cryptocurrency exchanges. Some may have received illicit funds inadvertently due to lax compliance checks, the study said. The true scale of money laundering and other crime using cryptocurrencies - for example where criminals use bitcoin to launder traditional cash - is not known.

 

The United States, Russia and China received the highest volume of digital currency from illicit addresses, reflecting their high shares of crypto trading volumes, Chainalysis said.

https://www.reuters.com/article/crypto-currencies-crime/just-270-crypto-addresses-laundered-1-3-bln-in-dirty-funds-last-year-research-shows-idUSL4N2KG3Q7

Anonymous ID: 77ad52 Feb. 11, 2021, 7:53 a.m. No.56109   🗄️.is đź”—kun   >>6124 >>6159 >>6196 >>6203

Fidelity cashes in most of GameStop stake

 

Fidelity Investments sold nearly all of its positions in GameStop Corp. last month, just as shares of the videogame retailer were surging.

 

Fidelity’s GameStop stake dropped to 87 shares on Jan. 29 from 9.3 million shares, or 13% of the company, on Dec. 31, according to securities filings. The sales ended Fidelity’s run as the volatile stock’s largest shareholder. Shares of the company rocketed above $300 a share from less than $20 in January as individual investors turned to message boards on Reddit and urged one another to bid up the stock. The rally pressured other investors who were betting on a selloff. In the ensuing short squeeze, bearish investors had to buy more stock to close out their positions. Their purchases only drove the stock price higher.

 

Some bearish hedge funds, including Melvin Capital Management, took heavy losses—a development hailed by some individual investors as a triumph over Wall Street. n reality, though, a number of hedge funds and large financial institutions also profited off GameStop’s rise. Senvest Management LLC, a New York hedge fund, racked up profits of nearly $700 million on GameStop.

 

Nearly all of Fidelity’s year-end holdings were housed in two mutual funds run by Joel Tillinghast, one of the firm’s brightest star stock pickers and its dean of value investing.

 

Fidelity Low-Priced Stock Fund, which Mr. Tillinghast has managed since 1989, has climbed 7% so far this year. Mr. Tillinghast’s Fidelity Series Intrinsic Opportunities Fund is up 8.9%. The positions listed in Fidelity’s filings don’t include those held in funds subadvised by Geode Capital, a sister company that manages all of Fidelity’s stocks-index investments.

https://www.foxbusiness.com/markets/fidelity-cashes-in-most-of-gamestop-stake