Fobi AI Announces Appointment of New Auditor

VANCOUVER, BC, Nov. 18, 2025 (GLOBE NEWSWIRE) — Fobi AI Inc. (FOBI: TSXV) (FOBIF: OTCQB) (the “Company” or “Fobi”), an industry leader in harnessing AI and data intelligence to enable digital transformation, announces that it has changed its auditors from MNP LLP (“Former Auditor”) to Can Partners LLP (“Successor Auditor”) effective November 17, 2025. The Former Auditor resigned as the auditor of the Company and the Board of Directors of the Company appointed the Successor Auditor as the new Auditor effective November 17, 2025, until the close of the Company’s next Annual General Meeting and to perform the audit of the annual financial statements of the Company for the financial year ended June 30, 2025. There were no reservations in the Former Auditor’s audit reports for any financial period during which the Former Auditor was the Company’s auditor. There are no “reportable events” (as the term is defined in National Instrument 51-102 Continuous Disclosure Obligations) between the Company and the Former Auditor. In accordance with National Instrument 51-102, the Notice of Change of Auditor, together with the required letters from the Former Auditor and the Successor Auditor, have been reviewed by the Company’s Audit Committee and will be filed on SEDAR+ accordingly.

Ontology Community Approves ONG Tokenomics Adjustment Proposal

The post Ontology Community Approves ONG Tokenomics Adjustment Proposal appeared com. Press Releases are sponsored content and not a part of Finbold’s editorial content. For a full disclaimer, please Crypto assets/products can be highly risky. Never invest unless you’re prepared to lose all the money you invest. Singapore, Singapore, November 12th, 2025, Chainwire Community vote reduces ONG supply cap from 1 billion to 800 million and establishes a permanent liquidity lock, strengthening long-term sustainability and growth. Ontology announced that the ONG Tokenomics Adjustment Proposal has been approved by the network’s node operators following a three-day on-chain vote held from October 28 to October 31, 2025. The proposal passed with 117, 169, 804 votes in favor and zero votes against, confirming a strong community consensus to move forward with updates that strengthen long-term sustainability, staking incentives, and ecosystem development. “This decision sets ONG on a clear, sustainable path with an 800 million cap, a permanent liquidity lock, and predictable emissions that support ONT stakers and simplify planning for developers,” said Jun Li, Founder of Ontology. “Together, these improvements are intended to drive higher on-chain usage and transactions as we complete the MainNet v3. 0. 0 upgrade on December 1, 2025.” What Was Approved Objectives Cap total ONG supply at 800 million. Permanently lock ONT and ONG assets equal to 100 million ONG in value to strengthen liquidity and reduce circulating supply. Rebalance incentives for ONT stakers while maintaining predictable emissions. Implementation Overview Cap total supply at 800 million ONG. Extend the release period from 18 to 19 years. Maintain a constant release rate of 1 ONG per second. Allocate 80 percent of emissions to ONT staking incentives and 20 percent, plus transaction fees, to ecological liquidity. Use ONG to acquire ONT, pair the two assets for liquidity, and burn the LP tokens to permanently remove the assets from circulation. Supply Effects 200 million ONG will.