Babel Finance, based in Hong Kong, has temporarily halted withdrawals and redemptions of crypto assets on Friday, as the lender struggles to pay its investors as the ongoing bear market deals a heavy blow on digital currency assets. The crypto financial service provider is the latest digital assets lending company to suffer significant difficulties in light of the ongoing market pandemonium. Suggested Reading | Crypto Flies High! Bitcoin As Payment For Tickets Now Accepted By Spain’s Biggest Airline Babel Finance cited “unusual liquidity pressure” as the main reason why it was forced to make the decision, multiple news outlets reported...