Market Downturn
BlockFills halts withdrawals amid crypto market slump
Von KI berichtet Bild generiert von KI
Institutional crypto platform BlockFills has temporarily suspended client deposits and withdrawals due to recent market conditions. The Chicago-based firm, which handled $60 billion in trading volume in 2025, allows limited trading to continue. The move echoes restrictions seen during the 2022 crypto winter.
Crypto venture firm Dragonfly Capital has raised $650 million for its fourth fund, even as the cryptocurrency market grapples with declining prices and waning investor interest. The new fund targets early-stage investments in a sector facing reduced deal activity. Co-founder Haseeb Qureshi highlighted the firm's candid approach as a key strength.
Von KI berichtet
Chicago-based crypto lender Blockfills, backed by Susquehanna, is exploring a sale following losses of about $75 million amid a market downturn. The firm suspended client deposits and withdrawals last week but allowed continued trading for certain positions. It reported over $60 billion in trading volume for 2025.