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ORC, The Dark Horse in OPEN Eco-Layout

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Scientific innovations are the driving force for times transformation. Following steam engines, electricity and computer, Blockchain has brought a new revolution to technology and industry of this era.

When it comes to the currently most-talked-about blockchain technology, the decentralized finance (DEFI) deserves a special mention.

As of June 2020, the daily value locked in DEFI has broken the record, now standing at 27.3 billion dollars. It has been nibbling away at the trillion-dollar digital currency market, growing continuously into a giant.

DEFI presents huge market dividends, attracting many industry pioneers to grasp the preemptive opportunities for participation.

OPEN – Bring a wider range of assets to DeFi

OPEN is right among them. OPEN Foundation has started the overall layout of DEFI industry since 2019. After prudent and comprehensive considerations, OPEN chose OnlyChain.

Based on its analysis of OC’s position ratio via its digital asset management company with BTC Grayscale as a benchmark, OPEN has long appreciated OC and set mind to build DEFI ecology on OC system.

Open Finance is a basket of open finance and currency protocol applications developed by OPEN Foundation on OC. Through the protocol matrix with strong composability, it aims to realize a huge financial machine that can run and evolve by itself to replace the current economic operating mode and become a decentralized full-domain world bank.

OPEN is the first team to propose and practice protocol matrix concept in the industry. Its mature and supporting DEFI infrastructure provides one-stop decentralized financial solutions for global users and a unified liquidity space to serve open finance of the future.

Open Swap – Decentralized Exchange

Asset trading and clearing are important parts of traditional economic activities. It is Open Swap that assumes the above responsibilities in the OPEN system.

Open Swap delivers one-stop on-chain trading services for users based on its three core technologies and 20000+ TPS. The transfer speed speaks for itself.  Also, the underlying operating system of OC does make Open Swap extremely competitive in processing large and low-frequency transactions, providing users with smooth on-chain trading experiences.

Open Lend – Hybrid Lending Market

Open Lend benchmarked against the lending and financial derivative issuance in the traditional economic activities can automatically calculate interest rates based on supply-demand change.

This benefits borrowers and lenders, making up for the opportunity cost of holding assets in an open financial network and getting rid of the fixed interests from the traditional financial market.

Open Stable – Asset Protocol Aggregation Platform

Open Stable is the center part of OPEN, allowing users to generate the stable assets OUSD (i.e. stablecoin asset protocol) from the secured assets.

OUSD is encrypted assets softly pegged to US dollars as asset collateral. It provides excess backed assets for users so as to effectively withstand vicious inflation.

And thanks to the technical advantages of OC, Open Stable enjoys high-speed asset transfer and delivery.

Open Link Oracle

OpenLink is the first distributed oracle on OC.

It is a vehicle that captures the value of Open Finance and OnlyChain ecosystem. It has defined and realized a new on-chain price generation and digital value capture plan to fix interoperability issues for the smart contract, which significantly enables it to be applied in finance, insurance, supply chain and many other industries.

Since all full eco-applications in OPEN financial system are built on OC, the above applications are exclusively confined to it. However, there exists a shortage in asset diversity on OC. So, how to achieve OCs interoperability with other blockchains to expand the Open financial ecosystem?

ORC – An ultimate solution to blockchain interoperability.

Open Reactor

Open Reactor – Cross-chain protocol

Open Reactor (ORC) is the first decentralized cross-chain solution on OC system and also the exclusive cross-chain protocol in OPEN system. It serves as a window for financial data and value exchange with external blockchains.

The core mechanism of ORC cross-chain solution is OrcVM, through which users can use BTC and ETH to generate OBTC and OETH on OnlyChain at 1:1 if asset security is guaranteed. Owing to the high-performance blockchain network of OC, users enjoy extremely low handling fees and high transaction speed.

ORC also allows users to transfer digital assets from OC system to other blockchain networks so that on-chain assets can be freely flowed, interacted and aggregated between different blockchains, thus bringing the entire cryptocurrency market back to its root.

The ORC cross-chain solution can be applied to any sub-application in OPEN system. That’s to say, in the years to come, ORC will be the exclusive channel for OPEN sub-protocol to expand its use scope and interact with other public chains. Its importance is beyond any doubt!

The financial sector is a pioneer in exploring the application of blockchain technology, with different institutions having varied blockchain-based layouts and applications. But there also exist some urgent problems of fragmentation.

ORC can realize asset, information and trade interconnectivity and collaboration between different blockchains, which provides broader imagination space for Blockchain’s further application in the financial sector.

ORC Value Analysis 

  1. Provide OPEN with a variety of practical cross-chain assets to make sub-protocol matrix connected.

OBTC and other cross-chain assets acting as a cohesive layer will run throughout the entire open financial ecology to make closer interactions between various sub-protocols, thus achieving a huge and autonomous DEFI ecosystem.

  • Integrate value of BTC and other mainstream digital assets into OC system for OC value expansion.

Relying on the digital token of Open Reactor, ORC will bring the value of Bitcoin and Ethereum into OC network so that asset liquidity of more public chains can be locked into it.

  • Offer an interactive channel between various OPEN applications and other public chains to expand the ecological layout.

ORC allows users to generate OBTC with BTC. These cross-chain assets can be uses as trade varieties, lending products and synthetic asset reserve resources between Open Swap, Open Lend and OpenStable, which immensely diversify assets in OPEN and promote their operation and deployment on the whole ecosystem.

  • Address problems existing in information interaction, asset transfer and business collaboration between the independent public chains and consortium chains of different industries, like banking, securities, insurance and real estate.

The financial sector is a pioneer in exploring the application of blockchain technology, with different institutions having varied blockchain-based layouts and applications. But there also exist some urgent problems of fragmentation.

ORC can realize the asset, information and trade interconnectivity and collaboration between different blockchains, which provides broader imagination space for Blockchain’s further application in the financial sector.

  • Push ahead with the rapid establishment of global financial integration or regional economic integration.

Cross-chain enables value to flow between different blockchains. During this process, users, data and scenarios can be well linked to finally build a larger value ecosystem. If cross-chain technology grows into maturity, blockchain in the future will become infrastructures like today’s highways, water and electricity supplies. This will greatly facilitate the free flow of value and promote global financial integration.

Conclusion

If OPEN is a new self-evolving and self-sustaining decentralized financial empire, ORC cross-chain solution will be its “reform and opening-up policy.”  Only by embracing a bigger external world can we accelerate the rapid and stable development of ecology and build a “sun-never-set empire.”

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https://www.openfin.network/#/

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Press Release

Insider Buying Alert: Sagtec Global CEO Chen Ng Accumulates 1.5 Million Shares as Company Projects 35 Percent Revenue Surge for FY2026

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United States, 22nd Jun 2026— Shares of Sagtec Global Limited (NASDAQ: SAGT) have caught massive market momentum, surging over 82% after Chairman and CEO Chen Ng signaled supreme confidence in the company’s trajectory by acquiring 1,500,000 shares. This aggressive insider buying coincides with the company’s highly optimistic new financial outlook, which projects 35% revenue growth for Fiscal Year 2026.

Key Financial Highlights

Massive Insider Buying: CEO Chen Ng purchased 1,500,000 shares, putting his own capital on the line to back the company’s strategic expansion.

Explosive Top-Line Growth: Management sees FY2026 revenue jumping to $25.78 million, a significant increase from $19 million the previous year.

Strong Bottom-Line Guidance: The company anticipates a solid net income of $2.19 million for the upcoming fiscal year.

Strategic Capital Raise: Sagtec Global successfully secured $1.56 million in a private stock sale led directly by the CEO.

“Smart Money” Signals a Bullish Turnaround

For retail and institutional investors alike, one of the most reliable indicators of a stock’s underlying value is when the executives running the business use their own money to buy shares. Chen Ng didn’t just accumulate stock on the open market; he actively led a $1.56 million private placement. This level of insider capital deployment is widely viewed on Wall Street as a definitive signal that leadership believes the stock is deeply undervalued relative to its upcoming growth cycle. While the broader tech sector continues to navigate macroeconomic headwinds, Sagtec’s leadership appears completely unfazed, backing their breakout narrative with tangible capital.

The primary catalyst driving this insider confidence is the newly released FY2026 outlook and strategic growth initiatives. Sagtec Global is officially projecting 35% revenue growth for FY2026. Breaking down the guidance, the firm expects top-line revenue to reach $25.78 million, up from $19 million in the prior year.

Furthermore, this rapid revenue expansion is expected to flow directly to the bottom line, with the company forecasting a net income of $2.19 million. 

Media Contact

Organization: PR.

Contact Person: PR.

Website: https://py01128800798.com

Email: Send Email

Country:United States

Release id:46319

The post Insider Buying Alert: Sagtec Global CEO Chen Ng Accumulates 1.5 Million Shares as Company Projects 35 Percent Revenue Surge for FY2026 appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Press Release

MEXC Lists Arcium (ARX) with 70,000 USDT in Airdrop+ Rewards

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Victoria, Seychelles, June 22nd, 2026, Chainwire

MEXC, a pioneer in 0-fee digital asset trading, will list Arcium (ARX) in the Innovation Zone, opening trading for ARX/USDT and ARX/USDC pairs on June 22, 2026, at 12:00 and 12:20 (UTC). To celebrate the listing, MEXC has launched an Airdrop+ event, offering users the opportunity to share 70,000 USDT in rewards.

Arcium is building an encrypted computing infrastructure network that enables trustless, scalable computation over fully encrypted data, for applications across blockchain, AI, enterprise, and government sectors. ARX is the token that powers the Arcium network’s economic model, with a fixed supply of 1,000,000,000. ARX serves two core functions: staking, where operators collateralize ARX to provide compute resources, and governance, where ARX holders participate in network decision-making with incentives for long-term token locking.

The Arcium (ARX) Airdrop+ event runs from June 22 to July 6, 2026 (UTC). New users can share 48,000 USDT through deposit and trading activities, plus an additional 10,000 USDT futures bonus through futures trading. All users can share 5,000 USDT from spot trading and 7,000 USDT by inviting new users.

The listing of Arcium (ARX) reflects MEXC’s commitment to providing users with early access to emerging projects. According to CoinGecko data, MEXC ranks first among major global exchanges in the number of new spot token listings. Since January 2025, MEXC has listed more than 1,000 new spot tokens, averaging around 100 new tokens per month. Beyond digital assets, MEXC’s one-stop trading platform also extends to traditional asset classes, including gold, silver, and more than 7,000 U.S. stocks and ETFs, fostering a diversified, multi-asset ecosystem for users. With industry-leading liquidity and a 0-fee trading model, MEXC empowers users to capture infinite opportunities across global markets.

About MEXC

MEXC is the world’s fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to over 3,000 digital assets. As the Gateway to Infinite Opportunities, MEXC provides a single platform where users can easily trade cryptocurrencies alongside tokenized assets, including stocks, ETFs, commodities, and precious metals.

MEXC Official Website X TelegramHow to Sign Up on MEXC

For media inquiries, please contact MEXC PR team: media@mexc.com

Risk Disclaimer:

This content does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, project fundamentals, and potential financial risks before making any trading decisions.

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Lucia Hu
lucia.hu@mexc.com

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Press Release

Radiant Smiles Dental Care Delivers Wisdom Teeth Removal Services for Perth Patients

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Australia, 22nd Jun 2026 – Radiant Smiles Dental Care, a respected provider of general and cosmetic dental services, has announced the delivery of dedicated wisdom teeth removal services for patients across Perth. The Yokine-based practice confirmed that it is assisting local residents with the assessment, extraction, and aftercare of third molars, a procedure commonly required during late adolescence and early adulthood. The development responds to ongoing demand among Perth families seeking accessible treatment for impacted and problematic wisdom teeth.

Wisdom teeth, also known as third molars, typically emerge between the ages of 17 and 25. In many cases, there is insufficient space within the jaw for these teeth to surface correctly, which can result in impaction, crowding, infection, and discomfort. Dental practitioners frequently recommend removal when the teeth pose a risk to surrounding teeth or to general oral health, and the procedure remains one of the more common forms of minor oral surgery performed in Australia.

Radiant Smiles Dental Care provides assessment and extraction across a range of presentations, from straightforward removals to cases involving impacted teeth positioned beneath the gum line. The practice uses diagnostic imaging to evaluate the position of each tooth and to plan the most appropriate approach. Treatment is carried out with attention to patient comfort, and the practice offers options intended to manage anxiety and to reduce discomfort during and after the procedure.

“The decision to expand wisdom teeth services reflects the level of demand seen at the practice in Yokine,” said Dr Anand Ponnusamy, Principal Dentist at Radiant Smiles Dental Care. “Many patients across Perth experience pain or complications associated with third molars, and access to timely assessment and removal makes a measurable difference to their comfort and to their longer-term oral health.”

The practice operates seven days a week and provides emergency dental appointments until 11 pm, an arrangement intended to assist patients who experience acute pain outside standard consulting hours. Wisdom teeth complications, including infection and swelling, can develop rapidly, and the extended availability allows the practice to respond to urgent presentations more readily than a standard appointment schedule would permit.

Beyond third molar extractions, Radiant Smiles Dental Care offers a broad range of treatments. These include general dentistry such as fillings, root canal treatments, and cleanings; cosmetic services including teeth whitening, veneers, crowns, and bridges; dental implants and dentures; orthodontic options such as traditional braces and clear aligners; and paediatric dental care for younger patients. The practice positions its wisdom teeth services within this wider scope of family-oriented care.

The cost and accessibility of dental treatment remain considerations for many Western Australian households. The practice has indicated that it aims to provide treatment at affordable rates and to make the extraction process as straightforward as possible, from initial consultation through to recovery guidance. Patients are provided with aftercare instructions covering pain management, diet, and the steps required to support healing in the days following a procedure.

“The focus over the coming period will be on continuing to improve access to wisdom teeth assessment for patients throughout the region,” said Dr Ponnusamy. “The intention is to maintain the same standard of care across all services offered at the practice, so that residents in Yokine and the surrounding suburbs can address dental concerns close to home.”

Radiant Smiles Dental Care has established itself as a general dental practice serving Yokine and the wider Perth metropolitan area. The practice treats patients of all ages and maintains a service model built around availability, comfort, and family care. The addition of structured third molar services adds to the range of procedures available to the local community, alongside the practice’s existing general, cosmetic, and orthodontic offerings.

For additional information about wisdom teeth removal Perth and related dental developments, Radiant Smiles Dental Care can be contacted at Shop 6/201 Flinders Street, Yokine, WA 6060. Enquiries regarding the practice’s procedures, treatment options, appointment availability, and patient support can be directed to (08) 9440 3654 or by email at admin@radiantsmiles.com.au.

Media Contact

Organization: Radiant Smiles Dental Care

Contact Person: Dr. Anand Ponnusamy

Website: https://radiantsmiles.com.au/

Email: Send Email

Contact Number: +61894403654

Address:Shop 6/201 Flinders Street

Address 2: Yokine WA 6060

Country:Australia

Release id:46343

The post Radiant Smiles Dental Care Delivers Wisdom Teeth Removal Services for Perth Patients appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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