ChainCatcher message, according to the official announcement, Binance Futures will automatically liquidate the XEMUSDT, ORBSUSDT, and LOOMUSDT U-margined perpetual contracts on December 9, 2024, at 17:00 (UTC+8), and will delist the aforementioned U-margined perpetual contract trading pairs after the liquidation is completed. Users are advised to close their positions manually before trading stops to avoid automatic liquidation.

ChainCatcher news, according to monitoring by ai_9684xtpa, DWF Labs has traded ORBS again after nine months. Three hours ago, DWF transferred 150 million ORBS to a new address 0x067, worth 3.43 million USD, and the tokens have not yet been transferred or sold.This portion of tokens was received from the Orbs treasury on October 30, 2023, when it was valued at 6.57 million USD, and the asset has depreciated by nearly 47.8% after one year.

ChainCatcher news, the Shaanxi High Court has released typical cases of cracking down on illegal fundraising crimes, which pointed out that the defendants Shi and Zhu set up an office in Xi'an, using a self-built BRTR platform to issue and trade USDT, QC, and BRTR currencies. They boasted about their company's strength to the public, fabricated a bright prospect for investing in virtual currencies, and used guaranteed principal with high interest and the enjoyment of luxury car usage rights as bait to attract public investment. According to the audit, as of the occurrence of the case, a total of 114 fundraising participants reported the case, with a total fundraising amount of over 6.34 million yuan, of which over 5.16 million yuan has been returned.The court held that the defendants, by issuing and trading virtual currencies, disguised their actions as public fundraising, disrupting the financial order. Their actions constituted the crime of illegally absorbing public deposits, and they were sentenced to four years in prison and fined.

ChainCatcher news, Worldcoin co-founder and CEO of Tools for Humanity Alex Blania stated during a collective interview at this week's Korea Blockchain Week event that Worldcoin's current focus is on promoting Orbs globally.Blania said: "I think fundamentally, like other networks we've seen over the past few decades (such as Paypal, or even social networks like Facebook), they only become useful after scaling. Therefore, what we are currently concerned about is global distribution and the number of users who have verified and used the service."

ChainCatcher news, according to official sources, the Blast liquidity market Fenix Finance has completed a $300,000 seed round financing, led by Orbs. It is reported that this seed funding will be used to build Fenix's unified trading and liquidity market on the Blast network.Orbs' investment will strengthen its existing support for Fenix as a technology partner. Fenix has confirmed that it will immediately deploy the Fenix Liquidity Hub powered by Orbs L3. This will allow Blast users to execute token swaps at the best prices by combining on-chain and off-chain liquidity.

ChainCatcher news, Layer3 blockchain Orbs launches an intent-based on-chain perpetual futures trading solution Perpetual Hub.Perpetual Hub is developed in collaboration with SYMMIO and IntentX, leveraging Orbs' L3 technology to provide traders with the tools needed to execute on-chain perpetual futures trades at CeFi levels. Perpetual Hub supports on-chain perpetual futures trading, and the service includes Hedger, Liquidator, and Price Oracle.

ChainCatcher news, the London-based cryptocurrency accounting firm Harris and Trotter Digital Assets, which serves clients globally, announced the completion of a $10 million strategic financing to address the accounting challenges faced by all Web3 projects. This round of financing was led by Orbs, with participation from Kingsway Capital, RE7 Capital, and other notable individuals from the Web3 community. The financing was conducted at an equity pricing, valuing Harris and Trotter Digital Assets at $85 million.The executive team at Harris and Trotter Digital Assets has previously worked at major accounting firms such as PwC, KPMG, Deloitte, EY, and BDO, with a total team size of over 45 people. CEO Nicholas Newman stated that digital assets are a rapidly evolving technological field, and their demand can only be met by professional service firms with similar technical capabilities. This strategic investment aligns the company with the largest drivers and leaders in the industry, further enhancing its technical strength as it rolls out an increasing number of SAAS products and services.This round of investment will further accelerate the rapid growth of Harris and Trotter Digital Assets, continuing to expand on its existing base of approximately 500 crypto-native clients. Ran Hammer, Vice President of Business Development at Orbs, stated that Harris and Trotter Digital Assets combines expertise with blockchain technology, and the team now aims to operate at the forefront of fintech, providing tools such as proof of reserves.

ChainCatcher news, according to on-chain analyst Ai Yi's monitoring, nine hours ago, DWF Labs deposited 10 million ORBS into the Orbs Staking contract, approximately worth 390,000 USD.ORBS is the top token in DWF's holdings, with a total of 161 million tokens (approximately worth 5.85 million USD); the token has increased by 5.85% in the past seven days, currently priced at 0.0389 USD.

ChainCatcher news, according to official sources, the BNB Chain ecological liquidity market THENA has received a strategic investment of $600,000 from Orbs Network.THENA stated that this investment is a recognition of THENA's vision and potential, perfectly aligning with its goal of collaborating with like-minded builders and innovators. THENA's focus on product innovation will transform the DEX landscape on the BNB Chain.

ChainCatcher news, according to Lookonchain monitoring, 1 hour ago, the Orbs team and founding partner wallet deposited ORBS worth 3.4 million USD to OKX.

ChainCatcher news, according to Lookonchain monitoring, Orbs related addresses transferred 150 million ORBS to DWF Labs address, worth approximately 6.57 million USD.

ChainCatcher news, according to Scopescan monitoring, DWF Labs has just transferred 30 million ORBS (approximately 1.25 million USD) to Bithumb. According to OKX market data, ORBS is currently priced at 0.042 USD, with a decline of 9.03% in the past 24 hours.

ChainCatcher message, according to Lookonchain monitoring, 2 wallets received ORBS from the Orbs team address and deposited a total of 81.8 million ORBS (4.25 million USD) into OKX in the past 16 hours.Among them: the address starting with 0xC13A received 134 million ORBS (7 million USD) from the Orbs team and founding partner wallet, and deposited 61.8 million ORBS (3.2 million USD) into OKX; 0x33B5 received 94.3 million ORBS (4.9 million USD) from the Orbs long-term reserve wallet, and deposited 20 million ORBS (1.04 million USD) into OKX.Currently, these 2 wallets still hold 153.4 million ORBS (8 million USD) and may continue to sell ORBS.

ChainCatcher news, Bitget has launched the ORBS U perpetual contract with a maximum leverage of 20 times, and the grid trading feature for this contract pair has been synchronized online.In addition, an airdrop event has been launched, where new and old users can share 600,000 ORBS by trading. The event runs from October 17, 21:30 (UTC+8) to October 24, 24:00 (UTC+8).

ChainCatcher message, Binance will launch U-based ORBS perpetual contracts on October 17, 2023, at 14:00, with a maximum leverage of 20 times.

ChainCatcher news, according to the official announcement, OKX will officially launch leveraged trading, simple earning, and ORBS/USDT perpetual contracts on ORBS/USDT at 12:00 PM (UTC+8) on October 17, 2023, on the web, App, and API.

ChainCatcher news, according to The Data Nerd monitoring, 28 minutes ago, DWF Labs deposited 15 million ORBS ($676,500) to Bithumb again. Currently, DWF Labs still holds 41 million ORBS ($1.86 million). Since DWF Labs transferred ORBS to the trading platform, the price of ORBS has increased by over 40%.

ChainCatcher news, according to data from The Date Nerd, DWF Labs has just deposited 30 million ORBS into Bithumb (approximately 1.19 million USD).In the past 5 days, DWF Labs has deposited a total of 92.4 million ORBS into CEX (approximately 3.123 million USD), and currently holds 57.6 million ORBS (approximately 2.3 million USD).

ChainCatcher news, according to Lookonchain monitoring, DWF Labs has just deposited 5 million ORBS (approximately 1.3 million USD) to Bithumb.

ChainCatcher news, according to Lookonchain monitoring, DWF Labs deposited 800,000 ORBS (approximately $21,000) to Coinone 15 minutes ago. In the past 2 days, DWF Labs has deposited a total of 1.9 million ORBS (approximately $48,000) to Coinone.Currently, DWF Labs holds 138 million ORBS (approximately $3.48 million).