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Kraken and Maple Introduce Onchain Warehouse for Crypto-Backed Loans

Kraken and Maple have teamed up to launch an onchain “warehouse financing” facility designed to support crypto-backed loans with a structure borrowed from traditional credit markets. The partnership aims to help Kraken expand its institutional lending operation while limiting the...

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Kraken and Maple unveil a $6.2 billion onchain lending move! What does this shift mean for crypto credit markets?

🚨 The tokenized credit market has surged to over $6.2 billion in value. 💡 Kraken and Maple are driving institutional crypto lending forward with an onchain facility backed by $BTC and ETH. 📈 The sector is rebounding after 2022’s failures, opening new credit opportunities in di...

COINTURK NEWS

Kraken launches institutional crypto lending model with Maple

Kraken has expanded its institutional lending business through a new Maple-backed financing facility built around a bankruptcy-remote SPV. According to a joint June 24 announcement, crypto exchange Kraken and on-chain asset manager Maple have launched an institutional warehouse f...

crypto.news

Kraken, Maple launch onchain warehouse facility for crypto-backed institutional loans

Kraken's new facility with Maple brings a traditional warehouse financing model onchain, allowing the exchange to expand its institutional crypto lending business using blockchain-based structured credit.

Cointelegraph.com News (Full)

Crypto Sector Gains Momentum Despite Fearful Sentiment

Crypto market cap climbs 1.75% as Ethereum ($ETH) rises while Bitcoin ($BTC) stays flat, while DeFi TVL and NFT sales post strong gains amid fear index.

Blockchain Reporter

TapTools To Wind Down As Cardano Loses Key Analytics Platform

TapTools is preparing to wind down operations over the next two weeks, adding another crypto service to a growing list of platforms retreating as costs, staffing pressure and weaker growth conditions hit the sector. The Cardano analytics platform said the decision was not the out...

Crypto Adventure

Here’s what happened in crypto today

Today in crypto, digital asset treasury inflows dropped to their lowest level since 2024, Radiant shuttered after failing to recover from a 2024 hack, and the US Senate debate on CLARITY Act resumes this week as lawmakers return from vacation.

Cointelegraph.com News

Radiant Capital Hack Forces DeFi Lender to Shut Down After $50M Breach

The Radiant Capital hack has formally brought down one of the most popular financing mechanisms in the DeFi, or decentralized finance, sector. Radiant Capital has declared plans to cease operations after months of battling to make amends for a disastrous $50 million attack in Oct...

TurkishNY Radio

Popular crypto platform shuts down after $50 million hack

Another popular crypto platform shuts down amid a market downturn.

The Street

Polymarket users challenge outcome of $80M Strategy Bitcoin bet

More than $80 million has been wagered on a Polymarket market tied to Strategy’s Bitcoin sales, with the outcome now heading to a final dispute process after the company disclosed that it sold 32 BTC before the market’s May 31…

crypto.news

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