Crypto Lending Platform Babel Finance Pauses Withdrawals, Citing ‘Liquidity Pressures’
The $2 billion fund has announced that it’s blocking customers from pulling out their assets, after a slump in the cryptocurrency market.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Vestige to shut down Algorand DeFi platform on December 31, 2026, citing costs
The shutdown highlights the challenges of sustaining DeFi platforms in low-activity ecosystems, urging developers to seek alternat...
Bitcoin ETFs lose $1 billion for the second week in a row as crypto funds, except one, continue bleeding
U.S. spot crypto ETFs lost about $1.55 billion combined, and Avalanche funds' $227,000 was the only weekly inflow among the 15 cat...
Meta Tests Prediction App as DOJ Moves on $1.2 Billion in Binance Hack Funds
Meta is testing a points-based prediction app called Takes as Kalshi and Polymarket face lawsuits, while the DOJ won approval to s...
Meta Tests Prediction Markets, DOJ Moves on $1.2 Billion in Binance Hack Funds, and Ancient Bitcoin Stirs
Meta tests a points-based prediction-market app, the DOJ moves to seize $1.2 billion from the Binance hack, and 16-year dormant Bi...
U.S. Targets $1.2 Billion From Binance Hack—Where Is the Rest?
The Binance hack recovery has reached a significant milestone: U.S. authorities say more than $1.2 billion in stolen cryptocurrenc...
Bitcoin ETFs Shed $2.35 Billion in Two Weeks as BlackRock’s Outflow Streak Hits 11
Bitcoin ETF outflows have reached $2.347 billion across the first two completed November trading weeks, leaving a persistent hole...