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BIS Executive Skeptical of Stablecoins Appointed as Governor of the Bank of Korea
Svmuu News South Korean President Lee Jae-myung nominated Shin Hung-song, Head of the Monetary and Economic Department at the Bank for International Settlements (BIS), as the Governor of the Bank of K
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Strategy CEO: If Morgan Stanley Allocates 2% to Bitcoin, It Could Bring Approximately $160 Billion in Capital Inflows
Svmuu News: Strategy CEO Phong Le posted on the X platform, stating that Morgan Stanley manages approximately $8 trillion in assets, with a suggested Bitcoin allocation range of 0-4%. If allocated at
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Strategy CEO: If Morgan Stanley Allocates 2% of AUM to BTC, It Could Bring $160 Billion in Potential Buying Power
Svmuu News: Strategy CEO Phong Le stated on platform X that Morgan Stanley's wealth management business has approximately $8 trillion in assets under management (AUM). The recommended Bitcoin allocati
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South Korea's Central Bank Digital Won Pilot Enters Phase 2, Two Additional Banks Join Field Testing
Svmuu News: The Bank of Korea announced the launch of the second phase of its digital won pilot in collaboration with nine commercial banks. The pilot will test the real-world application of bank-issu
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Polymarket Relaunches Weather-Related Prediction Events for Hong Kong Region
Svmuu News Polymarket has relaunched weather-related prediction events for the Hong Kong region, with the settlement data source being changed from Weather Underground to the Hong Kong Observatory. Pr
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U.S. Court Upholds Fed Ruling, Denies Custodia's Request for Rehearing on Master Account
Svmuu News The U.S. Court of Appeals for the Tenth Circuit, in a 7-3 vote, has denied crypto bank Custodia's request for an en banc rehearing. This decision upholds the October 2025 panel ruling, affi
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Strategy CEO Sells 2,034 Shares of Company Stock to Cash Out
Svmuu News: According to the latest Form 144 filing submitted to the U.S. Securities and Exchange Commission, Bitcoin Phong Le, CEO of Strategy, has sold 2,034 shares of stock. The average sale price
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U.S. Treasury Sanctions North Korean IT Worker Fraud Network Personnel and Entities
Svmuu News The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) announced sanctions against six individuals and two entities, accusing them of involvement in an IT worker frau
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a16z: AI Agent Payment Volume Far Lower Than Reported Data, But Infrastructure Development Is Accelerating
Svmuu News a16z partner Noah Levine posted on X, stating that a previous Bloomberg article cited data from x402.org claiming AI agents completed $24 million in payments within 30 days. However, data f
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Ripple Launches $0.75 Billion Share Buyback, Company Valuation Reaches $50 Billion
Svmuu News: Blockchain payments company Ripple has initiated a share repurchase program worth up to $750 million, valuing the company at approximately $50 billion, according to sources familiar with t
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South Korean exchange Upbit has suspended deposit and withdrawal services for ONT, ONG, and MBL.
South Korean cryptocurrency exchange Upbit announced that it will temporarily suspend deposit and withdrawal services for Ontology (ONT), Ontology Gas (ONG), and MovieBloc (MBL) due to an Ontology net
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Upbit Suspends Deposits and Withdrawals of Ontology Network-Related Assets
Upbit announced that it will suspend deposit and withdrawal services for MovieBloc (MBL), Ontology Gas (ONG), and Ontology (ONT) due to an interruption in Ontology network block generation. Trading of
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Ssangyong E&C wins record $2.15 billion Singapore hospital contract
Ssangyong Engineering & Construction announced Thursday it has secured a contract worth $2.15 billion from Singapore's Ministry of Health to build the Tengah General and Community Hospital. This marks
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South Korea's Nuri rocket to launch five primary satellites in October, marking first constellation deployment
The launch will be the first time the Nuri rocket carries multiple primary satellites and the largest number of satellites in its history, according to Park Jong-chan, director of the Korean Launch Ve
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Yahoo Finance Analysis: Dycom Industries' FY2026 Revenue to Grow 18%, Benefiting from Fiber Infrastructure Demand
Yahoo Finance analysis indicates that U.S. specialty contractor Dycom Industries (NYSE:DY) saw an 18% year-over-year revenue increase in fiscal year 2026, with operating cash flow surging 84% to $643
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Samsung Biologics to raise 3 trillion won ($2.17 billion) via rights offering, with most proceeds funding PolyPeptide Group acquisition
Samsung Biologics announced Friday it would raise 3 trillion won ($2.17 billion) through a rights offering as part of efforts to fund investments in its long-term growth strategy. Some 2.71 trillion w
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Arthur Hayes hints at dissatisfaction with the CLARITY Act and "calls" for HYPE to reach $150
Svmuu reports that Arthur Hayes, co-founder of BitMEX and Chief Investment Officer at Maelstrom, posted on X platform expressing optimism about the Hyperliquid ecosystem token HYPE, predicting it will
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Strategy CEO Phong Le Purchases Stretch Shares for the Next Generation
Svmuu Strategy CEO Phong Le purchased 55 shares of Stretch on behalf of his children at an average price of $99.41 per share, with a total value of $5,467. (BitcoinTreasuries.NET)
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Strategy CEO: Investing $250,000 in STRC Yields 10 Times the Return of Their Mortgage Rate
Svmuu reported that BiStrategy CEO Phong Le stated he holds a 30-year mortgage with an interest rate of 1.75%. Instead of repaying the mortgage, he invested $250,000 in STRC, which pays him an 11.5% y
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Coinbase CEO: Founders Need to Build Resilience and Keep Pushing Ideas Amid Setbacks
Coinbase CEO Brian Armstrong posted on X platform, stating that one of the challenges founders face is putting ideas out into the world, seeing if anyone cares, and verifying whether they can truly ex
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What is ONG Coin? Introduction to Ontology Network Fuel Token ONG and Trading Platforms
ONG (Ontology Gas) is the utility token within the Ontology blockchain ecosystem, primarily used to pay for transaction fees, smart contract execution costs, and data storage fees on the network. The Ontology network employs a dual-token model, where ONT is the governance token, and ONG serves as the "fuel" token, obtained through staking ONT. The Ontology network focuses on decentralized identity and data solutions, aiming to provide high-performance blockchain infrastructure for enterprises. The total supply of ONG was adjusted to 800 million by the end of 2025.
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ONG Token: An Analysis of the Ontology Network Utility Token and a Guide to Trading Platforms
ONG (Ontology Gas) is the utility token of the Ontology blockchain, primarily used to pay network transaction fees, execute smart contracts, and manage network resources. The Ontology network employs a dual-token model consisting of ONT (the governance token) and ONG (the fuel token), designed to provide decentralized digital identity and data solutions. This article will delve into the uses of ONG, its technical characteristics, and its availability on major cryptocurrency exchanges.
About ONG
The primary utility of ONG is to cover transaction fees on the Ontology blockchain. This mechanism ensures the smooth operation and security of the network by incentivizing validators and preventing network spam. Users engaging with Ontology's decentralized identity solutions, data exchange protocols, and other dApps will require ONG to pay for network resources. It is generated through staking Ontology's main token, ONT, rewarding holders for their participation in network security and governance.
ONG plays a crucial role in the overall functionality and economic model of the Ontology ecosystem. Its availability and consistent use are vital for the smooth execution of decentralized applications and the broader adoption of Ontology's identity and data management solutions. As the network expands and more dApps are deployed, the demand for ONG is intrinsically linked to the activity and growth of the Ontology platform.
ONG Data
24H Trending
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The 10-year U.S. Treasury yield is down approximately 8 basis points from its previous close, currently at 4.96%.
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Google and Microsoft's Q3 capital expenditure falls short of estimates, raising concerns about AI build-out costs and delays
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Report: Hedge Funds Exit Bitcoin ETF Arbitrage Trades, Sovereign Wealth Funds and Retail Investors Step In
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New ECB staff estimates show bond yield rise cutting 2027-28 growth by a cumulative 100 BPS and inflation by 90 BPS vs Sept baseline.
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Iranian President Pezeshkian stated that Iran is ready to expand cooperation with Turkey to serve common interests and enhance regional security.
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Event prediction platform Kalshi completes $1 billion funding round, reaching a valuation of $40 billion, with non-sports revenue run rate exceeding $1 billion.
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Israel continues its attacks on Gaza, with the Gaza Ministry of Health stating that dozens have died while awaiting permission to leave, renewing calls to open the Rafah crossing.
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DBS Hong Kong to launch DBS Vantage Card, Hong Kong's first Visa Infinite Privilege Card
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Unlimit founder backs Phase blockchain with $45M as mainnet launches
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onXRP Team to Launch New Trading Method on XRP Ledger Next Week
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