Korbit Fined for AML Violations in South Korea

The post Perpetual DEX in testing with cross‑chain liquidity and ADL appeared on BitcoinEthereumNews.com. Sunperp, a new perpetual DEX being tested on the Tron blockchain, promises millisecond executions, cross-chain liquidity aggregation, and an integrated auto-deleveraging (ADL) system. Justin Sun reshared the announcement on X, inviting users to try it and highlighting dedicated incentives, while numerous economic details and operational metrics remain to be confirmed. According to the data collected by on-chain analysts and industry reports, in May 2025 TRON hosted over 75 billion USDT, with the network recording over 8.3 million daily transactions and approximately 306 million active accounts, a context that justifies the interest in USDT-collateralized derivatives. Market analysts following perpetual DEX also note that the massive availability of USDT on TRON facilitates cross-chain arbitrage operations and reduces costs for market makers. What is Sunperp and what it brings differently to Tron Sunperp is a platform perp DEX that uses USDT as collateral, with profits and losses calculated in USDT. The architecture separates matching, executed off-chain to maximize speed, from settlement, recorded on-chain to ensure transparency of trading results. In this context, the debut announcement was originally reported by Jamie Redman; the team also states that, while in the testing phase, the core contracts are non-upgradable. Main Technical Features Order types: market, limit (with FOK – Fill-or-Kill, GTC – Good-Till-Cancelled, and IOC – Immediate-or-Cancel modes), post-only orders, plan orders, trailing, and TWAP (Time-Weighted Average Price). Use of multi-source oracles to determine the mark price employed in the calculation of profits and liquidations. Primary collateral: USDT, with P&L calculated in the same currency. Core contracts declared non-upgradable in an environment still in testing. Cross-chain liquidity: less slippage and tighter spreads The protocol claims to aggregate liquidity flows from various networks in order to increase market depth and improve order execution, thereby reducing slippage and spreads in large-size trades. However, the actual effect will depend…

The post Asia tackles wallet fraud; Egypt boosts digital finance appeared on BitcoinEthereumNews.com. Homepage > News > Finance > Asia tackles wallet fraud; Egypt boosts digital finance Three of Asia’s leading payment service providers have forged a partnership to improve the protection of digital wallets amid a surge of payment fraud by bad actors in the region. The alliance, dubbed Digital Wallet Guardian Partnership, comprises Singapore-based Ant International, AlipayHK, and Malaysia-based TNG eWallet. The collaboration between these three payment behemoths will leverage EasySafePay 360, an artificial intelligence (AI)-powered account protection solution. EasySafePay 360, the first phase of the partnership, will provide digital wallet service providers in the region with a plug-and-play solution to prevent account takeover by bad actors. The solution leans on an automated approval system for user verification that offers high accuracy without compromising efficiency. Furthermore, users of the EasySafePay 360 solution will have access to a money-back guarantee as an added layer of protection. Ant International disclosed that it will provide full compensation on all authorized transactions, demonstrating its faith in EasySafePay 360’s capabilities. Digital wallet service providers keen on integrating EasySafePay 360 into their operations can access customizable tools to smooth the process. After integrating the solution, consumers can make payments without being redirected to a separate browser or mobile application for payment confirmation. The trio disclosed that seamlessly eliminating the redirection requirement has the potential to improve merchant conversion rates by 10%. To achieve its objectives, the trio will also use emerging technologies, knowledge-sharing, collaboration, and stakeholder engagement. “We safeguard our 4.5 million active users with 24/ AI monitoring, customizable protections, and regular anti-fraud tips,” said AlipayHK CEO Venetia Lee. “By advancing our multi-layered security and working with partners on risk management, we’re committed to making digital payments in Hong Kong both secure and convenient.” Leading the way with digital payments Given Asia’s standing as the fastest-growing region…

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