Crypto lender BlockFills suspends withdrawals amid faltering bitcoin price

Crypto liquidity provider and lender BlockFills has halted client deposits and withdrawals amid ‌a downturn in bitcoin prices, in a sign of knock-on impact ‌from the latest crypto market drop. BlockFills, which is based in Chicago, said in a statement ​on Wednesday that it halted withdrawals last week and has been working to restore liquidity to its platform. The company is in active dialogue with its clients, which include crypto hedge funds and asset managers, a spokesperson said.