Cryptocurrency

Cryptocurrency

Porvenir, one of the largest pension fund managers in Colombia, launched a new crypto-linked investment portfolio option called Crypto Porvenir, allowing Colombian pensioners to achieve crypto exposure starting at 100,000 Colombian pesos through a safe, regulated product.

Some of them have merit, but most of them are scams, Musk stated in court, reflecting his critical view of the cryptocurrency landscape amidst his legal battle with OpenAI.

Circle minted $500 million in USDC on Solana, marking a significant milestone as the network processed $3.25 billion in USDC supply within a week. This surge is indicative of Solana's growing role in the stablecoin market, as it approaches a 10% share of total USDC supply, traditionally dominated by Ethereum.

The wallet, identified by its address 0xCD59, participated in the Ethereum ICO in 2015, when ether was distributed at approximately $0.31 per ETH. The 10,000 ETH acquired for $3,100 is now worth $22.88 million, a 7,381x return over nearly 11 years.

Polymarket held discussions with CFTC officials in recent weeks about lifting the prohibition tied to a 2022 enforcement action. The company, which operates its main exchange offshore, wants to bring that platform back to U.S. users directly rather than routing them through its regulated domestic vehicle.

Memecore (M) plummeted 15.9% to a $3.43 low on Tuesday, erasing nearly $1 billion in market capitalization, marking the first time it traded below $4 in over seven days.