Chung Daily Note - 2025/7/23

Happy Wednesday! You’re halfway there! Stay focused and keep moving forward! 💯

💡Congrats to @FogoChain on going live, excited for the fastest chain to join @infinex Connect!

Top 5 Mindshare on @arbusai

1. @opensea - 2.76%

2. @AbstractChain - 2.02%

3. @grok - 1.95%

4. @baseapp - 1.76%

5. @base - 1.65%

Some highlights from today's note

🔸US to release crypto report on July 30

🔸SEC halts approval of Bitwise’s broad crypto ETF

🔸@SonicLabs Season 1 Airdrop Claim

Read More Below 👇

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📰 News

• US to release crypto report on July 30

• Joe McCann plans $1B raise for Solana Treasury Co after ~70% liquid fund drawdown

• SEC halts approval of Bitwise’s broad crypto ETF

• Jack Dorsey's Square starts onboarding merchants for new Bitcoin payment feature

• @21Shares files with SEC to launch an $ONDO ETF

• @Polymarket considers launching its own stablecoin

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📖 Good Reads

• @CryptoHayes - Time Signature

• @MessariCrypto - State of Stablecoins 2025

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🎉 New Protocols

• @sup_foundation

• @usebreezebaby

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💰 Crypto Fundraising

• @StablREuro (Stablecoin) - $TBD Strategic investment from @krakenfx

• @psdnai (Blockchain Service) - 15m Seed led by @a16zcrypto

• @dsrvlabs (Blockchain Infrastructure) - 11.6m Series B

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💵 Airdrops

• @SonicLabs Season 1 Airdrop Claim

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💡Videos & Podcasts

• @sassal0x - The State of Ethereum

• @Lombard_Finance - The Lombard Lounge | Bitcoin Capital Market Roadmap

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😇 Opportunity

@yeet Only 1 day left—every YEET and every point counts as the leaderboard heats up!

That's all!