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Solana staking protocol Fragmetric completes $7 million seed round

2025.02.07 23:40:18

On February 7th, the Solana re-staking protocol, Fragmetric, announced the completion of a $7 million seed round of financing. This round was led by Finality Capital Partners and Hashed. Institutions such as Hypersphere, Presto Labs, Bitscale Capital, Halo Capital, and Flowdesk participated. Additionally, it received support from several angel investors within the Solana and restaking ecosystems. Fragmetric intends to achieve precise distribution of NCN (Node Consensus Network) rewards in the Solana ecosystem. It aims to provide a more efficient capital utilization solution for Solana LST (Liquid Staking Token) while enhancing network security and decentralization.
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On-chain Whale Watch: "1011 Insider Whale" Possibly Planning Major Move, "100% Win Rate Whale" Slightly Increasing Long Position

On November 2nd, according to on-chain analyst Ai Yi, Onchainlens, and the AI analysis tool CoinBob (@CoinbobAI_bot), the on-chain whale activities today are as follows: The "100% Win Rate Whale" slightly increased its long positions in BTC and SOL last night. As of the time of writing, its positions are as follows: - Long in ETH: Holding 39,000 ETH, with a value of $151 million and an entry price of $3,845.33. - Long in BTC: Holding 1,070.02 BTC, worth $111 million and with an entry price of $110,114. - Long in SOL: Holding 569,050.58 SOL, valued at $105 million and having an entry price of $198.22. On the other hand, the "1011 Insider Whale" deposited 500 BTC into Kraken again today. Over the past 3 weeks, this whale has deposited a total of 6,503 BTC into CEX, which is worth $7.2654 billion. In addition, the "Suspected HYPE Listing Insider" whale continued to increase its long position in XPL by 5 times this morning. Meanwhile, the large holder of Aave engaging in leveraged long

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Tom Lee's Fund Analyst: Disagrees with the "Market Has Peaked" Narrative

On November 2nd, Analyst Mark Newton from Tom Lee's fund expressed his disagreement with the current community narrative that "uses technical indicators to claim that cryptocurrency has reached its peak." His reasons are as follows: 1. The Elliott Wave structure has not exhibited any signs of a top. 2. The monthly DeMark signals have not yet been triggered. 3. Sideways consolidation leading to weakened momentum always causes the MACD to turn negative. However, in this case, no confirmation wave has initiated a sharp five-wave decline from the high point, so no definite conclusion can be drawn. 4. The medium-term trend has not been broken (since 2022, the price has been continuously rising with higher highs). 5. Market sentiment is far from reaching the levels that typically indicate a significant peak in the cryptocurrency market. It is worth noting that although Mark Newton has made accurate predictions about Ethereum's trend in the past, since September, his optimistic view of Ethe

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Coin-box has been fully upgraded to TurboFlow, ushering in a new era of high-performance, feeless on-chain transactions

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Loto Interactive Issues Convertible Bonds to Raise Approximately HK$273 Million to Support RWA Tokenization Framework Development

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Through Aave's flash loan, a whale reduced their ETH position by 2500 ETH while going long.

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Chinese Hangzhou Scam Syndicate Targets Elementary School Game Players, Laundering Proceeds Through Cryptocurrency

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