Crypto lender Babel Finance halts withdrawals due to liquidity pressures

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 51%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Another day, another crypto lending firm making news for the wrong reason. Babel Finance becomes the latest after announcing a temporary suspension of redemptions and withdrawals from its products due to “unusual liquidity pressures.'

Hong Kong-based asset manager Babel Finance is the latest cryptocurrency lending firm experiencing some serious issues amid the ongoing market downturn.Friday a temporary suspension of redemptions and withdrawals from its products, citing “unusual liquidity pressures.”

The firm said that it’s in close communication with “all related parties” on the matter and is doing its best to best protect its customers.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 562. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

not your keys, not your coin ;)

Just wait until Bitcoin and Ethereum drop lower

With the continuous crash in prices of cryptos, I decided to get into binary options, I've made over 500% profit in less than an 2 weeks.

Looks like in-chain reaction is happening

RichardHeartWin

Our foundation is stable! Minato will continue to move forward to reveal our potential! We will change the crypto space! BIG things 🔜 🌲 Pioneering Web3 ⛽️ Zero Gas Fees ✅ Metaverse ✅ NFT ✅ move2earn ✅ P2EGame Minato_Kanji binance coinbase FTX_Official FMEX BNB

Regardless WAGMI✍️

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Inverse Finance DeFi Drained, Here's What's Special About This HackInverse Finance, large digital bank, is under attack; over $1.25 million in liquidity might be stolen
Fonte: Utoday_en - 🏆 295. / 63 Consulte Mais informação »