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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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Tether Introduces On-Chain Gold New Measurement Unit Scudo, Equivalent to One Thousandth of an Ounce

February 13th, official sources confirm that Tether Gold has launched a new measurement unit called Scudo, designed to offer a fresh, intuitive way to gauge on-chain gold value. One Scudo is defined as equivalent to 1/1000 of an XAUT (gold ounce), giving users a more practical, user-friendly option for microtransactions—making sending and receiving on-chain gold simpler. Tether notes this move will boost the everyday usability of gold-backed digital assets, delivering a more flexible operational experience for investors and traders.

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A whale trader went long on the US tech sector with a $23.5 million position, mainly holding Micron Technology, which saw a sharp rise in recent days.

February 13th — Per Coinbob Popular Address Monitoring, the "Respected Whale Trader" wallet (0x894...) has fully exited its prior $40 million long positions in the Nasdaq index and copper prices. The trader has now shifted focus to U.S. tech stocks, holding a total position of ~$23.5 million, with a focus on the storage and AI sectors. Key long positions include: - 10x long on Micron (MU): ~$9.31M position size, average entry price $379.993, unrealized gain ~$830,000 - 5x long on NVIDIA (NVDA): ~$5.36M position size, average entry price $192.858, unrealized loss ~$140,000 - 7x long on Google (GOOGL): ~$4.63M position size, average entry price $312.51, unrealized loss ~$50,000 - 5x long on SanDisk (SNDK): ~$3.19M position size, average entry price $592.31, unrealized gain ~$230,000 The trader specializes in U.S. stocks and on-chain precious metals trading. Previously, they were the largest long holder of on-chain gold, before taking a $40 million position in Nasdaq and coppe

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A whale deposited 8200 BTC to Binance in the past two days, approximately $559 million

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Hyperliquid is pleased to announce that HIP-3 Cross-Margin Functionality has been enabled on the testnet.

February 13th — Official sources confirm Hyperliquid has activated the cross-margin feature for its HIP-3 permissionless perpetual contract market on testnet (mainnet support is not yet live). Notably, this feature qualifies for Hyperliquid’s mainnet-level bug bounty program. For HIP-3 deployers: An asset must first have cross-margin enabled before users can utilize it for cross-margin trading. How it works: Under a unified account, all cross-margin perpetual contracts using the same collateral asset can share margin across multiple DEXs. Assets from different DEXs are protected up to their maintenance margin threshold to prevent automatic liquidation caused by sharp price swings on other DEXs. This “protective cross-margin” system balances system solvency with user experience. Key caveat: Cross-margin is not designed for DEX abstract interfaces, and such interfaces should not support cross-margin usage via abstract trades. Users should use a unified account or portfolio margi

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An Israeli reservist soldier, in cahoots with a civilian, has been charged with insider trading using classified intelligence on Polymarket

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