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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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Spot Gold and Silver Tumble Together, with Silver Falling Over 2%

On January 22, per Bitget market data, spot gold posted an intraday decline of 1.00%, last trading at $4,780.56 per ounce. Spot silver fell $2 intraday, with its price at $91.07 per ounce, down 2.15%.

11 minutes ago

CZ: Today will speak at the Davos Forum panel discussion, followed by a CNBC interview

Jan. 22 — CZ posted on X that he will speak on a panel at the World Economic Forum in Davos tomorrow at 8:30 a.m. local time (3:30 p.m. Beijing time). Later, around 3 p.m. local time (10 p.m. Beijing time), he will be interviewed by CNBC.

11 minutes ago

Trump Hopes for Powell to Stay, Wash Fed Chair Nomination Odds Rise to 50%

January 22: Trump says he wants current White House National Economic Council Director Hassett to remain in his post. The Fed Chair candidate pool has been narrowed to 2-3 people; "I personally believe the final pick is most likely locked in," Trump stated. "Rick Rieder, BlackRock Fixed Income’s Global Chief Investment Officer, and Kevin Warsh, former Fed governor, are both suitable to serve as the next Fed Chair." Following the news, Polymarket odds show Kevin Warsh’s Fed Chair nomination probability has risen to 50%, Rick Rieder’s to 27%, and Hassett’s has dropped to 5%.

11 minutes ago

Trump: Agreement Framework Reached on Greenland Issue, Tariffs Will Not Be Imposed

On January 22, former U.S. President Donald Trump announced on Truth Social that the U.S. and NATO have reached a preliminary framework for a future agreement covering Greenland and the entire Arctic region. Should the agreement be finalized, it would deliver significant benefits to the U.S. and all NATO member nations. “In light of this understanding, I will not implement the tariffs scheduled to take effect on February 1,” he added. Discussions are also ongoing regarding Greenland and the “Golden Dome” project.

11 minutes ago

Senate Banking Committee Shifts Focus to Housing, Crypto Market Structure Bill Hearing Postponed for Several Weeks

January 22 — Bloomberg reports the U.S. Crypto Market Structure Bill is set to be delayed by at least several weeks, as the Senate Banking Committee shifts its legislative focus to align with Donald Trump’s housing affordability agenda. Consideration of the bill could push into late February or March. Meanwhile, the Senate Agriculture Committee still intends to introduce and advance its own version of digital assets legislation, with a vote scheduled for January 27. The relevant text will then need to be merged with the Banking Committee’s version before being submitted for full Senate consideration.

11 minutes ago

「Strategy Whale」 has increased its long position by $106 million in the past 2 hours on BTC, ETH, and SOL, with the total position size surpassing $400 million.

January 22 – As the crypto market extended its decline, the "Strategy Whale" significantly boosted long positions in BTC, ETH and SOL over the past two hours, per monitoring from HyperInsight (via Telegram: @HyperInsight). Key moves: - Added 15,468 ETH long positions (~$45M) - Added 488.8 BTC long positions (~$42.9M) - Added 142,986 SOL long positions (~$18.15M) As of press time: - Total position value: $402M (over $400M) - Weekly loss: $27.6M - Current floating loss: $6.82M (offset by a small DASH short position with $790k floating profit) Position details: - BTC Long (20x): $1.27M floating loss - ETH Long (15x): $5.99M floating loss - SOL Long (20x): $356k floating loss

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