Data from JD Shop Now shows that during the Chinese New Year period, sales of mobile phones increased by more than 70% compared to the previous year, cosmetics and perfume sales increased by more than 120%, sales of home appliances increased by 226%
Crypto Lending Platform Babel Halts Withdrawals Citing ‘Liquidity Pressures’
Amid bearish market sentiments, cryptocurrency lending platform Babel Finance has announced that it was halting withdrawals as it was facing “unusual liquidity pressures.”