Из жизни альткоинов

During the ongoing volatile market conditions, XRP investors on cryptocurrency exchanges appear to be choosing to hold their tokens rather than sell them to cut down losses. A clear indication of this investor trend is the steady decline of XRP reserves on the leading Binance trading platform.

Binance Sees Steady XRP Supply Drop

While the price of XRP has been stuck below the $2 level for the past few months, investors’ sentiment and demand for the altcoin have shown underlying strength. The quantity of the altcoin in crypto exchanges’ reserves has been declining at a fast rate, underscoring a strong accumulation trend.

After examining the Scarcity Index, Xaif Crypto, a technical analyst and investor, outlined an intriguing shift in exchange dynamics. The chart shared by Xaif Crypto indicates that the supply of XRP available on Binance, the world’s largest cryptocurrency trading platform, has been gradually decreasing, indicating that fewer tokens are being held on the exchange for quick sale.

Data shows that the scarcity index has flipped to the +0.48 level. This declining liquidity may indicate that investors are shifting their holdings into long-term storage or private wallets, a tendency that frequently reflects holders’ rising conviction.

According to Xaif Crypto, this positioning implies that XRP is sitting on trading platforms more than the historical average. In the waning market performance, coins are consistently being pulled into private wallets, suggesting that supply is disappearing.

Such a trend is considered basic economics rather than moon math. When real buy pressure reaches a thin order book, things tend to move fast. In the meantime, speculations are whether the tightening supply may finally result in greater price momentum when buying pressure reappears.

With the bearish market phase expanding, XRP liquidity is stacking up, drawing increased attention from investors monitoring order books and derivatives markets. Large pockets of buy and sell orders appear to be accumulating at critical price points, as seen in the chart. These visible liquidity zones may have an impact on the asset’s next significant move.

Currently, the price of the altcoin is positioned just between major long and short liquidation zones, which Xaif Crypto calls the exact setup market makers love. The expert highlighted that liquidity is the magnet, particularly for volatility, and it can indicate areas where the market may be getting ready for a breakout or significant reversal.

A Relief Rally On The Horizon?

Crypto analyst “Guy on the Earth” on X revealed that XRP is setting up for a potential relief rally after an analysis of its price action in the 1-day time frame. Following observations, the altcoin is currently back into a large downside channel, with price targeting the $1.50 resistance zone.

Should a reclaim of this level be successful, Guy on the Earth expects a break of the $1.80 and $1.96 price range in the near term. However, this bounce, which he considers a relief rally, might be invalidated if the altcoin’s price closes below the $1.96 range.

South Korea’s Financial Intelligence Unit (FIU) has imposed a 6-month partial business suspension and 36.8 billion won fine on one the biggest Korean crypto exchanges, Bithumb.

A New Governance Hit On A Crypto Exchange

According to Korean outlet News1, the FIU has finalized heavy sanctions against Bithumb for serious Anti‑Money Laundering (AML) and Know Your Costumer (KYC) breaches, including dealings with unregistered overseas virtual asset service providers and weak customer due diligence under the Specific Financial Information Act.

The measures include a six‑month partial business suspension, focused on restricting certain virtual asset transfers, especially to external wallets for new users, and an administrative fine in the tens of billions of won (around $24–26 million). Alongside this, the CEO was issued a reprimand warning and the exchange’s reporting officer faces a six-month suspension.

This decision follows a wider supervisory campaign launched after Bithumb’s “ghost Bitcoin” system error this past February, which saw hundreds of thousands of BTC briefly mis‑credited and triggered full‑scale inspections across Korean exchanges. As reported by Bitcoinist, the FIU preliminarily notified Bithumb of the suspension on March 9.

Bithumb’s case mirrors previous Korean penalties against rivals like Upbit and Korbit, which have already faced multi‑million‑dollar fines and partial suspensions over widespread KYC and AML failures.

A Worldwide Trend

Recently, South Korea has been moving at a rapid speed to align its crypto oversight with the Financial Action Task Force (FATF) standards, expanding its Travel Rule implementation and treating major exchanges more and more like systemically important financial institutions, as seen by the recent proposal of the Digital Assets Basic Act, an umbrella bill that packages a wide range of crypto policy measures, from stablecoin rules to crypto exchange‑traded funds.

Globally, the pattern is no different. From Binance’s record multi‑billion‑dollar AML and sanctions settlement in the US to Canada’s nine‑figure fine against Cryptomus and targeted audits in Australia and France, regulators worldwide seem to be converging on a “no more excuses” approach to crypto AML.

For traders, the actionable takeaway is that jurisdiction and compliance profile now directly affect counterparty risk: platforms with weak AML controls risk sudden suspensions, tightened withdrawal rules, or liquidity shocks that can spill over into prices and funding conditions. In today’s climate, trading on exchanges that cut corners on AML rules might mean an extra hidden risk of being suddenly hit by regulators.

Cover image from Perplexity, BTCUSDT chart from Tradingview

The Ethereum Foundation is making headlines once again for selling ETH, but this time the spotlight is also on the buyer. The foundation has dumped approximately 5,000 ETH amid broader market volatility and fluctuating prices. The foundation has provided reasons for its large-scale ETH sale, citing ongoing support of operations and activities. 

Ethereum Foundation Sells ETH To Crypto Company

The Ethereum Foundation has completed a new ETH sale to support its ongoing development efforts. In an X post on March 14, the organization announced that it was offloading 5,000 ETH, worth approximately $10 million, at an average price of $2,042.96 through an over-the-counter (OTC) transaction. The buyer in this deal is Bitmine, a publicly traded Bitcoin mining company that operates under the ticker BMNR.

According to the Ethereum Foundation, the ETH transaction was confirmed on-chain through the organization’s Safe multisig wallet at address: 0x9fC3dc011b461664c835F2527fffb1169b3C213e. The sale represents part of the foundation’s broader treasury management strategy, which is guided by detailed policies published in 2025. 

The Ethereum Foundation has also stated that the funds raised from the sale will be used for its core operations and activities. These include protocol research and development, ecosystem management, and community grant funding. Bitmine’s involvement as an OTC counterparty highlights a growing network of institutional buyers interested in participating in the Ethereum ecosystem. The company has continued to buy ETH even during volatile market conditions.  

Notably, the move also follows a series of previous ETH sales by the organization, demonstrating a structured approach toward funding its operational and developmental priorities. In July 2025, the foundation sold 10,000 ETH to SharpLink Gaming through a similar OTC arrangement. Before that, the Ethereum Foundation had carried out dozens of small ETH sales throughout the year, quietly offloading thousands of coins across multiple transactions to cover operational costs. 

Foundation’s Policy Guides For ETH Sales

The Ethereum Foundation’s treasury policy, published in July 2025, is designed to support the long-term sustainability of the blockchain’s ecosystem. The policy emphasizes that all capital deployments must balance the earning returns above a set benchmark rate while also supporting the Ethereum network and adhering to core principles. 

Regarding ETH sales specifically, the policy explains that the foundation will regularly measure the extent to which its fiat-denominated assets differ from its Opex Buffer target. Based on that calculation, they will decide how much ETH, if any, to sell over the next three months. These sales can happen either through fiat off-ramps or on-chain swaps into fiat-denominated assets.  

While the organization has explained the reasons for its ETH sales, the broader market could still feel its impact. Ethereum is trading above $2,200 after rising by more than 12% over the past 24 hours. While its price appears to be rebounding from its previous downtrend, large-scale ETH sales, especially from prominent entities, could influence market sentiment and price stability. 

В телефоне криптотрейдера Маурисио Новелли (Mauricio Novelli) аргентинские журналисты обнаружили документ, который может являться соглашением о выплате $5 млн за продвижение мемкоина Libra президентом Аргентины Хавьером Милеем (Javier Milei). О находке написало издание El Destape.

Discussion within the XRP community has intensified around a date that some market analysts believe could mark a pivotal moment for Ripple. Dunes, a crypto expert on X, highlighted how several circulating riddles and digital media posts appear to point toward March 22, 2026, as a key date. The analyst has found certain clues in these riddles that connect with macro financial events and significant developments surrounding Ripple and XRP. 

Why March 22 Could Be Key For Ripple And XRP

On March 14, Dunes published a breakdown on X, arguing that three anonymous figures in the XRP community have dropped clues that independently point to the same date, March 22, as a critical moment for Ripple and XRP. Dunes stated that he had decoded a series of cryptic social media posts over the years and connected the dots, suggesting that the patterns within them may be more than mere coincidence. 

The first figure Dunes referenced is ‘BabaCugs,’ a well-known riddler in the XRP community. He highlighted a post in which BabaCugs wrote: “Stop looking at February, it’s actually April.” The post also pointed to an image by another well-known riddler, @bearableguy123, titled “So it begins,” which prominently featured the number 2-14.    

Dunes argued that 2-14 should not be interpreted as February 14. Instead, he suggests that 14 represents a day and 2 represents the month in the Ethiopian calendar system. Under that framework, the date 2-14 also aligns with October 24, 2025, on the standard Gregorian calendar. 

According to the analyst, this date corresponds to a real-world event, marking the day Ripple Prime, the prime brokerage platform created after the acquisition of Hidden Road, went live. Dune’s analysis describes Ripple Prime as the central mechanism of a new financial system where XRP’s liquidity plays an irreplaceable role. 

Another part of the analysis references an older riddle shared by BabaCugs, who wrote: “4 days after JB is 13.” Dunes connects this clue to a cryptic post by another riddler, @TheFirstDecider, in 2020, who also made a post, stating “4 days after the death of my hero JB is the last chance to buy.”

Notably, the analyst interprets JB as Japanese Bonds and links the timeline in the cryptic messages to a Bank of Japan rate decision meeting on March 18 and 19. Counting four days forward from that window, it lands directly on March 22, 2026, which also corresponds to day 13 of month 7, known as Magabit, in the Ethiopian calendar. 

Dunes noted that @bearableguy123 was the riddler who introduced the Ethiopian calendar trick in the XRP community, with posts dating back as far as 2018. He stated that @bearableguy123 had made a famous XRP price prediction that could only be interpreted using the Ethiopian system, where 2018 in that calendar corresponds to 2026 in the standard Gregorian calendar. 

Finally, the third set of clues highlighted in Dunes’ report comes from Mr. Pool, who told followers in 2021 to “watch closely April, May, June, and July.” After which, he wrote another message stating, “reset will occur swiftly, financial reset overnight.” 

The analysis states that those four months correspond to the fourth through seventh months of the Ethiopian calendar. The seventh ends on day 13, which converts to March 22, 2026, in the Gregorian calendar. Dunes further notes that the timestamp of Mr. Pool’s original post also included numerical references that point to the same date and year. 

Japanese Bonds And Bitcoin Align With Timeline

In his post, Dunes also highlighted an episode of the American TV show, ‘The Simpsons,’ in which a slot machine displays triple 7s at the moment a superior utility coin surpasses Bitcoin. Notably, the last known communication of Satoshi Nakamoto, the creator of Bitcoin, was recorded on April 26, 2011. 

Counting exactly 777 weeks from that date lands on March 17, 2026, one day before the scheduled Bank of Japan rates meeting. Due to this alignment, Dunes questioned if March 17 could mark Bitcoin’s last day as the king of cryptocurrencies.  

Supporting his analysis, Dunes highlighted that The Simpsons has a notable history of accurately predicting real-world events, including Donald Trump’s presidency. Based on the alignment of the interpreted riddles and clues, the analyst predicts that if Japanese Bonds break on March 18, it could trigger significant market volatility, a Bitcoin price crash, and a large inflow of liquidity into XRP as a settlement asset within a destabilized financial system. 

The cryptocurrency market is turning bullish again, and Bitcoin has experienced a bounce, triggering optimism among investors. While Bitcoin’s price is holding firm above the $73,000 mark, its market dynamics are undergoing a major shift that could shape the flagship asset’s direction in the short term. 

A Key Change In Bitcoin’s Market Structure?

Bitcoin’s price is showing bullish strength once again, recovering above the $73,000 level during the weekend. However, on-chain market data reveals that the way supply is shifting between long-term BTC holders (LTHs) and short-term BTC holders (STHs) throughout the current cycle is clearly changing.

Darkfost, in a post on X, highlighted that this transfer of supply between the two groups has not occurred in the ongoing cycle the same way it did in previous cycles. As prices rise, long-term investors have historically transferred their holdings to more recent market players during significant bull market periods.

This trend suggests a major reset in the initial market structure of Bitcoin, where supply is equally controlled by short-term and long-term holders. Moving on, the expert stated that the first key thing to remember in the current cycle is that long-term holders still hold the majority of the BTC supply.

Rather than witnessing a rapid decline in LTH-held supply as Bitcoin nears the conclusion of its cycle, this time the process took a different turn. As of Sunday, these key investors represent roughly 79% of the total BTC supply. 

The development is similar to that of the 2021 cycle, where the share of supply held by long-term holders fell from 82% to 70% in a space of 6 months. A major trigger is the insufficient liquidity from short-term holders to absorb the selling pressure from long-term investors.

The Movement Of BTC In 6 Separate Waves

During the current cycle, Darkfost reports that this transfer occurred in 6 waves. Meanwhile, STHs were observed swooping in to absorb the supply at every stage. These investors eventually turned into LTHs over time. After examining the coin movement within the 6 waves, Darkfost has underscored two major observations. 

One is that liquidity appears to have been substantial during this cycle, and this allowed LTHs to steadily discover counterparties while Bitcoin’s price action extends. Secondly, speculation seems to have been stronger than before, with some short-term holders offloading their stash shortly after holding their BTC for more than 6 months in order to quickly realize profits. 

Another key development observed in the market is the arrival of new participants via the Exchange-Traded Funds (ETFs) and Digital Asset Treasuries (DATs). Such a trend points to renewed capital and demand for the flagship asset from institutional investors who are confident about its long-term prospects. According to Darkfost, all of these factors are adding to a changing market structure for Bitcoin.

At the time of trading, Bitcoin’s price was trading at $73,815, following a more than 3% bounce over the last 24 hours. Its trading volume has followed suit, spiking by over 77% within the past day.

Grayscale’s Head of Research, Zach Pandl, has stated that crypto assets like XRP could see a repricing once the CLARITY Act provides regulatory clarity. The analyst indicated that the altcoin could be among the tokens that benefit the most, especially if it becomes less inflationary. 

Pundit Agrees XRP Could See Repricing With CLARITY Act

In an X post, crypto pundit Archie drew attention to an interview Pandl had on the Paul Barron podcast in which the Grayscale executive agreed that XRP could see a repricing once the CLARITY Act passes. Barron specifically questioned Pandl about Section 205 of the Act, which could make Ripple restructure its XRP holdings in a bid to make the token more decentralized. 

Pandl noted that this could boost XRP’s value, especially if future inflation is reduced. This could come in the form of Ripple potentially reducing its token unlocks. Archie commented on Pandl’s remarks, highlighting how reduced inflation could unlock value across the XRP Ledger (XRPL). The Grayscale executive had also noted that their XRP ETF was already seeing huge investor demand, which could increase once there is regulatory clarity. 

Commenting on this, Archie stated that people are positioning early because they know what is coming, and that institutions are seeking exposure. He also noted that the popularity of these XRP ETFs is “off the charts” even before the passage of the CLARITY Act. The pundit predicts that the crypto market will see the largest liquidity injection ever once the long-awaited clarity arrives. 

Archie also mentioned that trillions in sidelined capital will flood in, ETFs will go “nuclear,” and that XRP will lead the charge into mainstream adoption. He affirmed that this is not hype or any sort of manipulation but simply seeing everything they had predicted become reality. 

XRPL Seeing More Adoption

In an X post, XRP treasury company Evernorth highlighted that the XRPL is seeing increased adoption even before the CLARITY Act was passed. The firm noted that XRP transactions are nearing 3 million daily, up from 1 million in mid-2025, representing almost a 3x increase.  Evernorth added that price moves attract attention, but that activity shows adoption is growing as more financial assets move on-chain. 

Tokenization is notably one area where the XRP Ledger continues to see massive adoption, with institutions moving their financial products on-chain. RWA.xyz data show that the network currently ranks 6th by total tokenized value. The total tokenized value on the XRPL is $2 billion, ahead of networks such as Solana, Polygon, and Stellar. It is worth noting that there are currently 218 real-world asset (RWA) projects on the network. 

At the time of writing, the XRP price is trading at around $1.47, up over 4% in the last 24 hours, according to data from CoinMarketCap.

В индийском городе Хайдарабаде трое пожилых людей — 62, 76 и 69 лет — потеряли в общей сложности 4,4 крора рупий (около $475 000) на псевдоинвестициях в криптовалюты.

Компания Strategy, крупнейший публичный корпоративный держатель биткоинов, с 9 по 15 марта пополнила свой запас первой криптовалюты на 22 337 BTC. Средняя цена покупки составила $70 194 за монету.

Комитет по экономике Сената Австралии рекомендовал принять законопроект под названием Corporations Amendment (Digital Assets Framework). Документ обязывает работающие с криптовалютными активами платформы получать лицензию на оказание финансовых услуг.

A new fault line is opening in the Bitcoin mining debate as AI data centers emerge as a far richer buyer of electricity than traditional miners. But the argument over whether that dynamic threatens Bitcoin’s long-term security is drawing a sharp pushback from market and energy specialists who say the headline claim misses how mining economics actually work.

The flashpoint came from Crypto Banter co-founder Ran Neuner, who framed the issue in stark terms. “AI has killed Bitcoin forever. It became Bitcoin mining’s biggest competitor. Not another crypto. AI,” he wrote on X, arguing that both sectors are chasing the same scarce input: power.

Neuner’s basic math is simple and provocative. He claimed BTC mining generates roughly $57 to $129 of revenue per megawatt, while AI data centers can make $200 to $500 per megawatt from that same electricity.

“That’s why miners are starting to pivot,” he wrote, pointing to Core Scientific’s AI hosting deal, Hut 8’s $7 billion AI infrastructure agreement, and Cipher Mining’s decision to cut hashrate 51% to focus on AI compute. From there, he pushed the key question: if AI becomes the highest bidder for power, what happens to Bitcoin?

That framing resonates because it captures something real: miners are no longer competing only with other miners. In certain markets, they are competing with hyperscale-style compute demand that may support a much higher revenue profile. For listed mining firms, especially those already sitting on power infrastructure, the temptation to repurpose capacity for AI is obvious.

Why AI Won’t Kill Bitcoin Mining

But on-chain analyst Willy Woo argued that Neuner’s conclusion confuses miner competition with network-level economics. “What the BTC network is willing to pay for its security is set the BTC price and network use,” Woo wrote. “The price of electricity is irrelevant, that only impacts competition between miners. Study BTC’s difficulty adjustment – it’s a fundamental cornerstone of understanding BTC.”

That is the core rebuttal. Bitcoin does not require every miner to remain profitable at every electricity price. It adjusts. If higher-cost operators drop off because AI outbids them for power, mining difficulty can fall, allowing the remaining miners to continue operating under a new equilibrium. In Woo’s reading, AI may reshuffle who mines and where, but it does not automatically “kill” Bitcoin unless it permanently breaks the relationship between price, usage, and the network’s security budget.

Climate-focused venture capitalist Daniel Batten pushed back even harder, calling the thesis “Nonsense” and arguing that the relationship may increasingly run in the other direction. “It’s the other way around: the evidence tells us that AI is dependent upon Bitcoin for its expansion,” he wrote. “For example, bitcoin mining can be used alongside AI for strategic advantages including monetizing energy during AI datacenter construction, using forward-purchased energy that would otherwise be wasted, [and] smoothing demand patterns of AI load.”

Be very skeptical of any claims such as “Bitcoin mining is unprofitable beyond this threshold” or “AI is killing Bitcoin”.

Not only is it more nuanced than that, but the research tells us that AI datacenters increasingly need Bitcoin mining (see 7. below)

For example 1. In… pic.twitter.com/G5UvbTUmCc

— Daniel Batten (@DSBatten) March 15, 2026

Batten’s broader point is that blanket claims about mining profitability flatten a business with highly variable inputs and revenue streams. He argued that miners in high-cost regions can still operate because heat recycling may be the primary revenue source and BTC the byproduct. Others increasingly own generation assets, mine on intermittent power, or tap stranded energy from oil, gas, and landfills at roughly 1 cent per kilowatt-hour in exchange for higher upfront capex. Demand response programs, FCAS, RECs, and carbon credits can further change the economics.

He also stressed that negative power prices during renewable surpluses create openings that generalized “AI beats mining” comparisons fail to capture. “Be very skeptical of any claims such as ‘Bitcoin mining is unprofitable beyond this threshold’ or ‘AI is killing Bitcoin’,” Batten wrote. “Not only is it more nuanced than that, but the research tells us that AI datacenters increasingly need Bitcoin mining.”

At press time, BTC traded at $73,329.

Российские майнеры заплатят за прошлый год 567 млн рублей налогов, сообщило РИА «Новости» со ссылкой на презентацию главы управления регистрации и учета налогоплательщиков Федеральной налоговой службы (ФНС) Дениса Кузьмичева. Сумма оказалась в десять раз меньше ожидаемого.

One of the largest South Korean financial conglomerates has partenerd up with a major UK-based global bank to deepen cooperation in global finance and crypto assets.

A Transnational Crypto Deal

Incumbents are keen not to be left behind on the crypto curve, so much so that some of them are now joining forces. That seems to be the case for Hana Financial Group and Standard Chartered Group as on March 15th they announced the signing of a MOU (memorandum of understanding). By teaming up, the two lenders aim to turn stablecoins and other digital assets into a new growth engine alongside their existing international banking business.

According to The Korea Times, the signing ceremony took place at Hana’s Bank’s headquarters on March 13th. It was attended by Ham Young-joo, Chairman of Hana Financial Group, and Bill Winters, CEO of Standard Chartered Group. Seoul Economic Daily reports that Ham and Winters exchanged views on cooperation in global and digital assets. Chairman Ham stated that:

The partnership between Hana Financial Group and Standard Chartered Group, leveraging their extensive global networks and diverse financial know-how, will serve as a strong competitive edge in the global financial sector. We will create new growth opportunities by generating synergies in future financial domains, including digital assets.

Winters emphasized on the capital importance that South Korea has in Asian financial markets, regarding the country as a “key hub”.

Shared Goals

The MOU covers stablecoins, deposit-token experiments, and future tokenized instruments, tying in Hana’s domestic stablecoin plans and pilots.

The Seoul Economic Daily contextualizes this move with Chairman Ham views of stablecoins as “core future business”. His goal with Hana Financial points to the building of an “ecosystem encompassing the issuance, distribution, use and circulation of (won-denominated stable) coins”, as he stated in his New Year’s address in January. In 2024, Hana Bank, BitGo, and SK Telecom set up BitGo Korea as the local arm focused on institutional crypto custody. In 2025, the Korean lender had an all-time high net profit of ₩4 trillion.

Standard Chartered already has a growing crypto footprint, from institutional custody services to pilots with tokenized bonds and other blockchain-based assets. The bank has also backed several stablecoin ventures in markets like Hong Kong.

This is not the first time Hana Bank and Standard Chartered team up. In December 2025, the UK-based global bank announced that it was facilitating Hana Securities first venture with digital assets.

A Crypto Race

Instead of chasing pure spot exposure, the South Korea’s big banks are now racing to build compliant rails around stablecoins, tokenized notes, and digital bonds that can plug directly into the regulated financial system, nudging the market away from retail speculation toward more structured corporate and banking participation.

This new deal marks another milestone in the latest wave of efforts by TradFi institutions to keep up with a rapidly evolving digital financial system.

Cover image from Perplexity, BTCUSD chart from Tradingview

Криптокредитор BlockFills подал заявление о собственном банкротстве в суд штата Делавэр, сославшись на ухудшение ситуации с криптовалютным рынком.

Чтобы существенно нарушить работу сети Биткоина, необходимо вывести из строя не менее 72% подводных волоконно-оптических кабелей. К такому выводу пришли исследователи Кембриджского центра альтернативных финансов Венбин Ву (Wenbin Wu) и Александр Ноймюллер (Alexander Neumueller).

Суд Костанайской области Казахстана постановил конфисковать партию майнинговых серверов стоимостью более 500 млн тенге (свыше $1 млн). Оборудование пытались незаконно вывезти из страны в Россию, сообщили в региональной прокуратуре.

A Delaware court had already ordered 71 Bitcoin frozen over a customer fund dispute before crypto lender BlockFills formally declared it could no longer operate.

That freeze — tied to a legal battle with creditors over how client money was handled — cast a shadow over the company well before it filed for Chapter 11 protection this week.

Customers Locked Out As Withdrawals Halt

BlockFills stopped letting customers move their money last month. The company pointed to a sharp Bitcoin selloff — the coin dropped from above $97,000 to below $64,000 between mid-January and early February — as the reason it needed to protect both itself and its clients.

Deposits and withdrawals went dark. No timeline for restoration was given.

Now the company and three related entities, all operating under parent firm Reliz LTD, have taken their case to federal bankruptcy court in Delaware.

The filing seeks a Chapter 11 restructuring, which allows a company to keep running while it works out a repayment plan with the people it owes money to.

In a statement, BlockFills said the decision came after talks with investors, clients, and creditors. The company said it believes the court process will give it the time and structure needed to stabilize operations, find additional sources of cash, and look at possible deals with outside parties.

Officials said the goal is a consensual restructuring — meaning one that creditors agree to rather than one forced on them by a judge.

BlockFills, a cryptocurrency brokerage and trading platform, has filed for bankruptcy protection after months of market turmoil https://t.co/0NYGmW2e0o

— Bloomberg (@business) March 16, 2026

What Chapter 11 Means For Those Owed Money

Chapter 11 is not a wind-down. It is a legal system that provides a company with a moratorium to restructure its finances during which an automatic stay prevents creditors from collecting their debts.

As for customers who have balances on the platform, the situation is not so straightforward. They would be considered unsecured creditors in a bankruptcy case, which means they would be last in line after secured creditors and expenses approved by the court.

The amount they will get back and when that will happen is dependent on what assets BlockFills actually owns. That process can take months or, in complex cases, years.

Bankruptcy Filing Caps A Difficult Period For The Firm

BlockFills has been under pressure from multiple directions. The frozen Bitcoin order involving Dominion Capital pointed to deeper disputes over whether customer funds were properly segregated — a question that goes beyond market timing.

Reports indicate the company had been in talks with stakeholders for an extended period before concluding that a court-supervised restructuring was the only viable path forward.

The collapse follows a pattern seen in earlier crypto lending failures. Companies including Celsius, Voyager, and BlockFi all suspended withdrawals before filing for bankruptcy during the 2022 market downturn. In each case, customers waited — sometimes years — for partial repayment.

BlockFills has not disclosed total liabilities, the number of affected customers, or the full value of assets under its control. This is a developing situation, and more details are expected to emerge as court documents become public.

Featured image from Unsplash, chart from TradingView

Децентрализованный кредитный протокол Venus Protocol на блокчейне BNB Chain подвергся атаке, связанной с превышением лимита предложения токена THE проекта Thena. В результате платформа приостановила работу нескольких рынков. Предварительный ущерб оценивается более чем в $2 млн, сообщили представители проекта.

Глава отдела исследований криптоплатформы Bitrue Андри Фаузан Адзиима (Andri Fauzan Adziima) связал рост курса биткоина с активностью институциональных инвесторов и снижением предложения монет после халвинга.

Основатель криптоплатформы ShapeShift Эрик Вурхис (Erik Voorhees) приобрел эфиры на сумму более $56 млн. Об этом сообщил сервис Lookonchain со ссылкой на данные блокчейн-аналитической платформы Arkham.