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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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Intuition Founder Rug Pulls 5571 ETH, Losing $703,000

March 20 — On-chain analyst Ai Auntie (@ai_9684xtpa) reports that Intuition founder billΞ.eth has "rug pulled" 5,571 ETH, incurring a $703,000 loss. Previously, on March 16 amid a significant ETH rebound, the founder purchased 7,768.56 ETH on-chain at an average price of $2,240.10 (valued at ~$17.4 million). Over the past 10 hours, they sold 72% of their holdings at an average of $2,113.77 (a partial "rug pull"), with the remaining ETH already deposited into Etherfi.

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A whale has placed a TWAP order to sell 498,914 HYPE tokens within 21 hours.

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SEC Chair: Legal Interpretation of Crypto Assets 'Just a Starting Point, Not the Endpoint'

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A whale spent 36,750,000 USDT to buy 17,084 ETH

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