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@Andyjzd, which redeemed 4,669 ETH ($15.65M) from Lido and transferred it to Binance 20 minutes ago.These ETH were withdrawn from Binance at a price of $3,708 one and a half months ago and are now being transferred back to Binance at a price of $3,352, resulting in a loss of $1.62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.