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Crypto exchange MultiBank.io launches ‘Panic Sell’ feature for instant asset liquidation

As part of its continuous development, cryptocurrency trading platform MultiBank.io has recently announced the introduction of an innovative ‘Panic Sell’ feature with the goal of streamlining and boosting the crypto (and fiat) trading experience for its users. Indeed, the crypto exchange arm of the financial derivatives giant MultiBank Group has introduced the said ‘Panic Sell’ tool that allows users to quickly convert all positions into a digital asset or even fiat currency with a single tap, after which they can wire out the funds to linked bank accounts, the company said on October 26. ‘Every second counts’ Commenting on the recent development of his company’s newest feature , MultiBank.io’s CEO Zak Taher has pointed out its exceptional importance in today’s fast-paced financial markets and clients’ growing needs: “During tumultuous market conditions, every second counts. Our ‘Panic Sell’ feature stems from a personal pain point I faced in my trading journey. ...

Hints of asset recovery are made by bankrupt CeFi firm Haru Invest.

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When it comes to discussing content creation, three vital elements come into play: “perplexity,” “burstiness,” and “predictability.” Perplexity gauges the intricacy of the text, while burstiness assesses the diversity of sentence structures. Finally, predictability determines how likely it is for someone to anticipate the next sentence. Human-generated content tends to exhibit higher burstiness, incorporating both longer, intricate sentences and shorter ones. Conversely, AI-generated content often appears more uniform. Therefore, in the task of crafting the following content, I am seeking a balance of perplexity and burstiness, with a lower degree of predictability. Additionally, the text should be composed exclusively in English. Now, let’s rephrase the provided text: The timeline for the return of funds to users remains unspecified. Haru Invest, the South Korean yield platform that declared bankrupt cy, has expressed its intention to refund u...

Kraken receives virtual asset service provider authorization in Ireland ahead of MiCA vote

U.S.-based cryptocurrency exchange Kraken received its virtual asset service provider authorization from the Central Bank of Ireland. Payward Europe Solutions, an Irish subsidiary of Kraken registered in Dublin, was awarded virtual asset service provider (VASP) authorization from the Central Bank of Ireland on April 18. We’re pleased to announce that Kraken has successfully registered with the Central Bank of Ireland (CBI) as a Virtual Asset Service Provider (VASP), affirming our commitment to helping drive crypto adoption in Europe Learn more https://t.co/mowesdqEGj pic.twitter.com/C2ScvDhpa1 — Kraken Exchange (@krakenfx) April 18, 2023 The VASP authorization comes at a critical time for Kraken. The European Union is scheduled to conduct its final vote on the long-awaited Markets in Crypto Assets (MiCA) regulation. The MiCA legislation is expected to pass after preliminary voting showed overwhelming nonpartisan support. If it does, the resulting changes will require any company...