Crypto Lender Platform Freeway Suspends Trading Services, Token Tumbles

Crypto investment platform Freeway has suspended access to yield-generating lending products to its customers, the firm said on Sunday, the latest indication of stress in the cryptocurrency sector.

Freeway, a crypto lending business offering interest-bearing cryptocurrency accounts, announced late Sunday night that it has halted trading services for its users due to extreme market conditions.
Freeway said the move was due to the ongoing extraordinary volatility in foreign exchange and cryptocurrency markets and said it will now focus on ensuring the sustainability of its business. The lender said it has therefore decided to diversify its asset base to manage exposure …

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