Maple Finance Closes $5 Million Funding Led by Tioga Capital and Blocktower Capital

Odaily Star Planet Daily News reports that cryptocurrency lending platform Maple Finance has completed a $5 million financing round, led by Tioga Capital and Blocktower Capital, with participation from GSR Ventures, Cherry Ventures, Veris Ventures, The Spartan Group, and others. (Decrypt)

Maple Finance

Comments

All Comments

Recommended for you

CointimeSG ·

Dogecoin Jumps to 3-Year High Price—Before Bitcoin Cools and Meme Coins Plunge

It's another recent milestone for Dogecoin, but the market is now red with Bitcoin down and DOGE and other meme coins falling hard.
CointimeSG ·

GCEX Expands Crypto Custody Solutions With New Hex Trust Service

The prime broker launched the Secured Accounts service to enhance institutional digital asset protection in the EU and UK. Both companies have been working closely together for 3 years, recently presenting staking services.
BNB Chain Ecosystem Re-staking Infrastructure Kernel Receives Investment from Binance Labs

BNB Chain's ecological re-staking infrastructure Kernel has announced that it has received investment from Binance Labs. As of now, its total financing amount has reached 10 million US dollars, with main investors including: SCB Limited, Laser Digital, Bankless Ventures, Hypersphere, Draper Dragon, DACM, CYPHER, ArkStream Capital, HTX Ventures, Avid VC, GSR, Cluster Capital, Longhash Ventures, Via BTC, Side Door Ventures, NOIA, and DWF Labs. It is reported that Kernel's mainnet is about to be launched. Kelp provides users with support for Ethereum liquidity re-staking services based on rsETH, while Gain provides DeFi, CeDeFi, and RWA income products. KERNEL tokens are designed to unify the governance and incentive mechanisms of Kelp, Kernel, and Gain, while providing rewards for early supporters of ecosystem development.
CointimeSG ·

Crypto miners in Texas’ ERCOT region required to report power demand
CointimeSG ·

Texas Orders Wall Street Bitcoin Miners to Register as Grid Concerns Mount

Local regulators mandate registration for crypto mining facilities using over 75MW of power. Large BTC miners like Marathon and Riot run some of their data centers in the state.
CointimeSG ·

Lutnick, Cantor Fitzgerald negotiated a 5% ownership stake in Tether: WSJ

Cantor, which holds most of Tether’s $133 billion in reserves, negotiated a 5% ownership interest in the stablecoin issuer within the past year, according to The Wall Street Journal.
CointimeSG ·

Bitcoin price dip may spur buying spree in BNB, AVAX, NEAR and OKB

Bitcoin sellers take the upper hand as BTC struggles to rally to $100,000. What will altcoins do?
Amazon to invest an additional $4 billion in Anthropic, OpenAI's rival

Amazon is deepening its cooperation with Anthropic and will add an additional $4 billion investment to the company. In September of this year, Anthropic, an artificial intelligence startup, was seeking a new round of financing with a valuation of up to $40 billion. Anthropic was founded by former OpenAI executives in 2021 and focuses on creating interpretable, secure, and controllable artificial intelligence systems. The company's flagship AI model, Claude, operates based on "Constitutional AI," which uses predefined principles to guide its output, avoiding some erroneous or discriminatory output reactions.
Crypto wallet Deblock completes approximately $16.8 million in seed round financing

Deblock, a cryptocurrency wallet created by former Revolut and Ledger executives, has raised an additional £13.3 million (approximately $16.8 million) in seed funding, as reported in documents submitted to the UK Companies House this month. Primary investors in this round of funding include Headline, Hoxton, 20VC, and Chalfen, according to documents filed in October. Sifted previously reported that the startup had quietly raised €12 million last year. Deblock was founded in August 2022 by former Revolut cryptocurrency chief Jean Meyer, payment chief Aaron Beck, and former Ledger engineering chief Mario Eguiliuz.
Stablecoin infrastructure platform Noble receives $15 million in Series A funding led by Paradigm

stablecoin infrastructure platform Noble has completed a Series A financing round led by Paradigm, raising $15 million. Noble has partnered with stablecoin issuers such as Circle, Ondo Finance, Hashnote Labs, and Monerium, and currently manages assets worth more than $458 million.