Reliz Ltd, the operating entity of crypto trading and lending firm BlockFills, filed for Chapter 11 bankruptcy protection in Delaware, disclosing $50–100 million in assets and $100–500 million in liabilities. The filing comes after the company suspended customer withdrawals in February amid an asset freeze linked to asset misappropriation allegations by Dominion Capital. BlockFills, backed by investors including Susquehanna and CME Group's venture arm, reported over $61 billion in trading volume in 2025.

Crypto lending firm BlockFills filed for Chapter 11 bankruptcy protection in the United States. The company entered court-supervised restructuring proceedings under U.S. bankruptcy law.

U.S. military operations against Iranian energy facilities on March 16 and tensions over tanker escorts through the Strait of Hormuz have raised shipping risks and reduced traffic, with spillover effects hitting industrial metals, BlockBeats reports. One of the world's largest aluminum smelters cut production by about 20% due to disrupted raw material supplies, while the International Energy Agency plans to release strategic oil reserves into Asian markets to ease short-term supply constraints. The U.S. revised its fourth quarter GDP for last year down to 0.7%, with core PCE inflation at 3.1% year over year in January and job openings at 6.95 million, fueling discussion of a potential stagflationary shock under overlapping geopolitical and macroeconomic uncertainty. BTC moved back above the key $71,300 resistance level, with liquidity concentrated between $72,700 and $74,000 and potential support bands near $69,000 and $70,200.

Crypto lending platform BlockFills has filed for Chapter 11 bankruptcy after suspending client withdrawals, court documents cited by Timmy Shen show. The filing lists $50M–$100M in assets against $100M–$500M in liabilities.

Whitehat hacker f4lc0n said on X that he identified a critical vulnerability on the Injective chain through the Immunefi platform that could have enabled any user without special permissions to drain funds from any onchain account, putting more than $500 million in onchain assets at risk, Odaily Planet Daily reports. The Injective team submitted a governance fix the day after he reported the issue, but there was no followup communication or technical discussion for the next three months, f4lc0n said. He added that Injective ultimately proposed a $50,000 bounty even though the project lists a maximum reward of $5 million for critical vulnerabilities, and said he objected to the amount but did not receive a response and has still not been paid the $50,000.

Bitcoin hit the 20 million coin mark, according to the weekly market brief for March 16. The report examines how geopolitical developments tied to Iran intersect with broader market dynamics.

President Trump said he may postpone his planned summit with Chinese President Xi Jinping as he presses Beijing to help reopen the Strait of Hormuz, the Financial Times reported. The remarks tie the meeting's timing to China's involvement in addressing restrictions on the critical shipping route.

The total cryptocurrency market capitalization rose by more than $120 billion over the past five days, data show. The increase reflects substantial growth in aggregated crypto asset values within the period.

French Gendarmerie tactical units, working with FBI agents, arrested John Daghita—also known online as "John" or "Lick"—on the Caribbean island of Saint Martin on suspicion of stealing over $20 million in cryptocurrency from a U.S. government-controlled wallet, Odaily Planet Daily reports. The funds are tied to assets seized during the 2016 Bitfinex hack. FBI Director Kash Patel confirmed the arrest on social media and posted images showing seized hardware wallets and a briefcase containing a large amount of U.S. cash. The investigation centers on the October 2024 disappearance of over $20 million from a federal custody wallet, after blockchain analysis linked around $24.9 million of the seized funds to addresses controlled by the suspect within a wider address cluster managing over $90 million in suspicious assets. Blockchain researcher ZachXBT publicly traced transaction flows related to the compromised government wallet in January 2026, and the suspect's father, Dean Daghita, heads Command Services & Support, a firm awarded a U.S. Marshals Service contract in October 2024 to handle custody and liquidation of certain seized cryptocurrencies.