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Dragonfly Investor: Coinbase Expected to Save $225 Million Annually in Compensation Costs After Layoffs
Svmuu reported that Dragonfly investor Omar Kanji stated on X that Coinbase’s 14% workforce reduction is expected to save $225 million in annual compensation costs. According to earlier reports, Coinb
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Coinbsea CEO: Coinbase Lays Off Approximately 14% of Workforce Due to Market Conditions and Transition to AI-Native Architecture
Svmuureports that Coinbase is laying off approximately 14% of its workforce. Coinbase CEO Brian Armstrong cited market conditions and the company's transition to an AI-native architecture as the reaso
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U.S. Senators Reach Compromise on Stablecoin Yield Provisions, Potential Removal of Obstacles to the Clarity Act
Svmuureports that U.S. lawmakers have reached an agreement on stablecoin yield provisions, a point of contention that had stalled the Clarity Act in the Senate for months. Senators Tom Tillis and Ange
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MARA Acquires Long Ridge for $1.5 Billion, Transforming into Digital Infrastructure
Svmuu Bitcoin mining company MARA Holdings announced it will acquire Long Ridge Energy & Power from FTAI Infrastructure for $1.5 billion (including assumed debt), with the transaction expected to clos
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Curve Founder Proposes Market-Based Model to Recover DeFi Bad Debt
SvmuuNews Curve founder Michael Egorov has proposed a method to recover bad debt in lending protocols by converting impaired positions into tradable investment products. The pilot for this solution is
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Binance has launched the Binance Debit Card page, with the intent application deadline set for April 30th.
Svmuu reports that according to crypto KOL AB Kuai.Dong's post on platform X, Binance has launched the Binance Debit Card page. Users can now register their intent to apply until April 30th. After reg
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Ave.ai Officially Announces Upgrade to "New Financial Platform," Expanding On-Chain Trading and AI Frontiers
Svmuu News On April 20th, the "AVE AI Trading Forum Hong Kong 2026" hosted by Ave.ai was officially held. The forum invited partners including Alibaba Cloud, Tencent Cloud, BNB Chain, and TON to discu
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Strategy CEO: STRC's Bitcoin Purchases This Year Already 10 Times the Total of All ETFs
Svmuu News According to data shared by Phong Le, CEO of Bitcoin treasury company Strategy, on the X platform, the company's perpetual preferred stock STRC has purchased approximately 10 times the amou
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Coinbase Tests AI Employee Agents, Simulating Former Executives to Provide Decision Support
Svmuu News Coinbase CEO Brian Armstrong stated that the company is testing AI agents based on former executives to assist employees with decision-making and communication. Among them, the "Fred" agent
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Strategy CEO: STRC to Boost to Semi-Monthly Dividend Payout Frequency, Yield Maintained at 11.5 Percent
Svmuu News: Strategy proposes semi-monthly dividend program for STRC, CEO Phong Le says "We will increase the frequency of STRC's dividend payout, same 11.5% yield, 2x frequency". (BitcoinTreasuries.N
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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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Unlimit founder backs Phase blockchain with $45M as mainnet launches
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DBS Hong Kong to launch DBS Vantage Card, Hong Kong's first Visa Infinite Privilege Card
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onXRP Team to Launch New Trading Method on XRP Ledger Next Week
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