Chung Daily Note - 2025/5/20
Happy 520 ❤️
💡Explore 6 on-chain games shaping the future of Web3 gaming on @Mantle_Official
Some highlights from today's note
🔸Senate passes "GENIUS Act" stablecoin bill with 60+ votes
🔸1.1% of all USD is now tokenized as stablecoins
🔸@catena_labs (Blockchain Service) - 18m Seed led by @a16zcrypto
Read More Below 👇
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📰 News
• Senate passes "GENIUS Act" stablecoin bill with 60+ votes
• 1.1% of all USD is now tokenized as stablecoins
• India’s Supreme Court says crypto should be regulated, not banned
• SG Forge to launch world’s first USD stablecoin by a major bank on Ethereum
• @RobinhoodApp proposes SEC rules to regulate tokenized real-world assets, eyeing $30T onchain market
• US Government launches investigation into Coinbase customer data theft
• President Milei shuts down Argentina’s Libra crypto investigation unit
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📖 Good Reads
• @mteamisloading - What is REV?
• @moduverseco - Modular Weekly Roundup Edition 83
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🎉 New Protocols
• @dunesim
• @ETHRNSM
• @bamdotfun
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💰 Crypto Fundraising
• @catena_labs (Blockchain Service) - 18m Seed led by @a16zcrypto
• TrueX (CeFi) - 11m Series A led by @Accomplices @RRE
• @slashapp (Blockchain Service) - 41m Series B led by @GoodwaterCap
• @RoverStaking (DeFi) - 4.1m Seed
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💵 Airdrops
• @soon_svm checker is live!
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💡 Videos & Podcasts
• @mrblocktw - Young stock prodigy's dream comes true! September DeFi Mega Recap – Project Discussion (Episode 1194)
• @docXBT - On Call - Bullish Trends + Range High BTC = Which Way?
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😇 Opportunity
GNewt! @MagicNewton, a secure automation layer for onchain finance, launched strong with support from Kaito & Yappers (0.75% $NEWT allocation). More user-first updates coming soon.
That's all!
