Lookonchain APP

App Store
Feeds Articles

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.
Add to Favorites Download image Share x Copy link
Relevant content

Insider: The "Crypto Market Structure Bill" Could Face Delayed Vote

**January 10 Update** Senate Agriculture Committee Chair John Boozman (R-Ark.) is weighing delaying a vote on landmark crypto legislation—provided bipartisan negotiations yield significant progress in the coming days, three anonymous sources confirm. Boozman had planned to advance the crypto market regulation bill on Jan. 15. But he’s now open to pushing back the vote, contingent on talks between his team and Democratic chief negotiator Sen. Cory Booker (D-N.J.) over the next few days. If the two sides reach substantial breakthroughs by the end of this weekend, the committee chair may delay the vote to shore up bipartisan support for the measure.

6 minutes ago

A whale/institution that has been holding 101,000 ETH for five years transferred 40,000 ETH to a CEX in the last day and still holds 26,000 ETH

Jan 10 – On-chain data analyst Evan Jing reports that a whale/institution holding 101,000 ETH for 5 years (average cost: just $660) transferred 40,251 ETH (~$124M) to the Bitstamp exchange in the past 24 hours. Notably, the latest transfer of 26,000 ETH (~$80.16M) to Bitstamp occurred just 1 hour ago. Per the report, the entity accumulated the 101,000 ETH 5 years ago via Binance and Bitstamp at an average price of $660. To date, 75,200 ETH (~$254M) from this holding have been moved to exchanges, with an average realized price of $3,383 – translating to a $204.9M profit on the sold portion. The whale/institution still holds 26,000 ETH (~$80.16M).

6 minutes ago

New York Mellon Bank Launches Tokenized Deposit Service, Allowing Users to Transfer Funds via Blockchain Channel

BNY Mellon has launched a tokenized deposit service allowing customers to transfer funds via blockchain, Bloomberg reported on January 10. The move makes the bank another major global player deepening its footprint in digital assets. In a Friday announcement, the bank said the digital cash is an on-chain representation of customer account deposits held at BNY Mellon. The service supports use cases including collateral and margin trading, enables faster payments, and the bank is committed to 24/7 operations.

6 minutes ago

A certain Whale Trader Smart Money address withdrew 1139 ETH from Binance 10 hours ago.

On-chain analyst Ai Auntie (@ai_9684xtpa) reports that the Bandit Smart Money address 0x69b...0e37 has resumed accumulating ETH after a two-week pause. 10 hours ago, the address withdrew 1,139 ETH from Binance—valued at roughly $3.5 million—with an average withdrawal price of $3,071.68. Notably, the same address previously netted $807,000 in profit from an ETH scam between December 28, 2024, and January 6, 2025.

6 minutes ago

The three major US stock indexes closed up, cryptocurrency stocks fell overall, MSTR dropped by 5.77%

January 10: According to Bitget market data, the three major U.S. stock indexes closed higher collectively. The Dow Jones Industrial Average (Dow) hit a new intraday high, closing 0.48% higher; the S&P 500 rose 0.65%; and the Nasdaq Composite gained 0.81%. Cryptocurrency-related stocks mostly declined, with the following performance: - Coinbase (COIN): -1.96% - Circle (CRCL): +2.78% - MicroStrategy (MSTR): -5.77% - Bullish (BLSH): -2.29% - Gemini (GEMI): -4.51% - Bitmine (BMNR): -3.9% - SharpLink Gaming (SBET): -2.53% - Bit Digital (BTBT): -0.9% - ETHZilla (ETHZ): -2.05% - BTCS Inc (BTCS): -0.69% - ALT5 Sigma (ALTS): -4.17% - American Bitcoin (ABTC): -4.19% - Kindly MD (NAKA): -4.04%

6 minutes ago

Bennett: If the court rules against the tariff policy, the Treasury has sufficient funds to pay refunds

Jan. 10: U.S. Treasury Secretary Yellen said the Treasury has sufficient funds to cover any tariff refunds if the Supreme Court rules against the Trump administration’s tariff policy. (FX168)

6 minutes ago

Hot feeds

A trader profits $448K by monitoring #Binance's new listings!

2024.12.13 17:37:29

A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.

2025.01.05 16:05:18

A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.

2024.12.14 10:35:27

Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

2024.12.16 14:48:36

A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!

2024.12.03 23:09:08

A whale exchanged WIF and Bonk positions for Fartcoin!

2024.12.25 11:01:14

 More

Hot Articles

Follow us

X

Follow

Telegram

Join