ontology

According to the Ontology blog, its core development team discovered potential security vulnerabilities during routine security checks. Due to a high emphasis on the security and integrity of the mainnet, Ontology has immediately suspended block production on the Ontology mainnet to allow the technical team and validators to conduct a comprehensive security review of the network and related components. Ontology stated that no security incidents have been confirmed at this time, and there are no indications that user assets have been lost or stolen. ONT, ONG, and other on-chain assets are currently assessed to be unaffected; this suspension is a preventive security measure rather than a response to confirmed asset losses or ongoing attacks.During the review period, block production will remain suspended, and on-chain transactions cannot be processed. Users do not need to transfer or take any action regarding their ONT, ONG, and other on-chain assets, but should avoid conducting time-sensitive on-chain transactions until the network officially confirms its restoration. The duration of the suspension has not yet been determined, and the team will prioritize the comprehensiveness of the security review over speed; block production will not resume until the network has been thoroughly assessed and confirmed to be secure. The Ontology team is collaborating with validators and ecosystem partners to address this matter and will update progress through official channels, with a separate announcement to be made before and after the network restoration.

According to CoinDesk, blockchain analysis company Chainalysis has released a new methodological proposal aimed at establishing a unified on-chain fund tracking standard framework for law enforcement agencies and investigators, to identify address clusters and determine their possible control relationships.The proposal defines the on-chain analysis structure in the form of "ontology," focusing on systematically breaking down the currently unstandardized concept of "cluster" in the industry into wallet segments and functional roles, and describing on-chain relationships through a two-layer structure: the first layer defines the transaction graph structure, and the second layer assesses inference confidence.Chainalysis stated that the framework aims to enhance the interpretability and legal applicability of on-chain forensic methods, and is designed and validated based on its practical experience in relevant cases within the U.S. Department of Justice, including the analytical application in the mixing service Bitcoin Fog case.The company's Chief Scientist Jacob Illum pointed out that the goal of the proposal is to answer "on what evidence basis can these addresses be considered to belong to the same entity," while emphasizing that on-chain analysis itself cannot directly identify the ultimate user identity and still requires legal investigative methods combined with centralized entities such as exchanges.Chainalysis indicated that the standard proposal is currently open for discussion within the industry, hoping to promote the formation of more unified technical specifications for on-chain analysis methods in the fields of law enforcement and compliance.

The Ontology mainnet upgrade has been completed, and the maximum and total supply of ONG tokens has been reduced from 1 billion to 800 million. This adjustment has been approved through community voting and is now officially effective on the mainnet.The voting took place from October 28 to October 31, 2025, with the Triones node passing the proposal with a total of 117 million votes. This adjustment not only involves technical updates but also reflects the community's cultural consensus on long-term sustainability, enhanced liquidity, and support for developers. The adjustments include the permanent destruction of 200 million ONG, fixing the maximum and total supply at 800 million ONG, and permanently locking assets equivalent to 100 million ONG in a new liquidity mechanism. Additionally, the release cycle of ONG has been extended to approximately 19 years, maintaining a stable release rate of 1 ONG per second.In previous news, Binance will support the Ontology (ONT) network upgrade and hard fork, and the Ontology community has approved the ONG token economic adjustment proposal, reducing the total supply to 800 million and permanently locking 100 million in value assets.

The Ontology community voted to reduce the total supply cap of ONG from 1 billion to 800 million and establish a permanent liquidity lock mechanism to strengthen the network's long-term sustainability and growth potential.Ontology announced that the "ONG Token Economic Adjustment Proposal" was approved by node operators during a three-day on-chain vote from October 28 to October 31, 2025. The proposal passed with an overwhelming result of 117,169,804 votes in favor and 0 votes against, reflecting the community's strong consensus on enhancing long-term sustainability, staking incentives, and ecological development.

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, Arkham has tagged the address jitrust.eth, belonging to former Ontology co-founder @Andyjzd, which redeemed 4,669 ETH ($15.65M) from Lido and transferred it to Binance 20 minutes ago.These ETH were withdrawn from Binance at a price of $3,708 one and a half months ago and are now being transferred back to Binance at a price of $3,352, resulting in a loss of $1.62 million.

ChainCatcher news, according to Ember monitoring, former Ontology co-founder AndyJi's address redeemed 8,392 ETH from Swell and transferred it to Binance 40 minutes ago.

ChainCatcher message, Ontology announced on social media that it will conduct a testnet upgrade today at 14:00.

ChainCatcher news, according to Chainwire, Ontology has announced the launch of a new fund with a scale of $10 million, distributed in the form of ONT and ONG tokens, aimed at accelerating the adoption, education, and development of decentralized identity (DID) solutions.It is reported that the program aims to promote innovation in four key areas: DID education, ONT ID technology tutorials, the adoption of ONT ID, and building based on ONT ID.