Hedge Fund Millennium has demanded from the staff to disclose data on the ownership of cryptocurrencies
Financial News sources believe that the company’s requirement is an attempt to eliminate conflict of interest
12.10.2021 - 14:45
490
1 min
0
What's new? Hedge Fund Millennium in New York stated that its employees should disclose information about cryptocurrency trading. This is reported by the Financial News with reference to knowledgeable sources.
Material on the Financial News website
Why did the fund send out a request? According to its interlocutors, Millennium Management sent instructions to employees in late September. Sources believe that the company’s demand is an attempt to eliminate conflict of interest. Many hedge funds forbid the staff to deal with assets owned by their employers.
What is known about Millennium Management? The hedge fund is one of the largest in the United States. According to the information on the company’s website, the amount of assets under its management exceeds $57,4 billion, and the staff number is more than 3,800 employees.
Useful material?
Telegram 
Twitter Incidents
Reports about the hacking of the exchange with calls to withdraw assets began to spread on December 13
Dec 13, 2024
Crypto regulations
Stablecoins from issuer Circle will not be affected by the changes
Dec 12, 2024
Crypto regulations
The platform will launch after meeting the preconditions of the local exchange authority
Dec 9, 2024
Market
The $1,1 billion figure was reached after the bitcoin correction
Dec 6, 2024
Crypto regulations
By early January, all open positions and loans of local users will be closed and repaid automatically
Dec 5, 2024
Trends
According to the fund’s analysts, stablecoins with a peg to the US dollar will gain popularity as the main means of settlement
Dec 5, 2024
Cryptocurrency rates
-
Bitcoin
$102 134
BTC
+2.35%
-
Ethereum
$3 907.68
ETH
-0.63%
-
Ripple
$2.47
XRP
+4.8%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Dogecoin
$0.409336
DOGE
+0.16%
-
Cardano
$1.12
ADA
+0.46%
-
Polkadot
$9.02
DOT
-1.38%
-
Stellar XLM
$0.437357
XLM
+2.96%
-
Bitcoin Cash
$543.45
BCH
+1%
-
Litecoin
$122.87
LTC
+1.18%