Amid bitcoin slide, crypto lender BlockFills halts withdrawals

WASHINGTON, United States — US-based cryptocurrency lender BlockFills said Wednesday it has halted client deposits and withdrawals amid a sharp downturn in the value of bitcoin, raising fears of further fallout in the sector. The firm said it halted transfers last week, calling the measures “temporary.” The freeze comes against a brutal sell-off across crypto markets, with bitcoin briefly slipping below $60,000 on February 6 — roughly half the level reached just months before. In a statement, BlockFills said it acted “in light of recent market and financial conditions, and to further the protection of clients and the firm,” adding that […]... Keep on reading: Amid bitcoin slide, crypto lender BlockFills halts withdrawals