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Today in Crypto: Babel Finance Stops Withdrawals; MakerDAO Suspends Some Activity on Aave

June 19, 2022
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Today in Crypto: Babel Finance Stops Withdrawals; MakerDAO Suspends Some Activity on Aave

June 19, 2022
Babel Finance has suspended its withdrawals and redemptions, a company notice said. This comes as it notes that the crypto has seen “major fluctuations” and some industry players have seen “conductive risk events.” Because of that, Babel has been seeing “unusual” liquidity pressures, the company said. “We are in close communication with all related parties […]