Chung Daily Note - 2025/8/7
Happy Thursday!
💡@SuccinctLabs $PROVE is live on @infinex, powered by a decentralized ZK prover network
Top 5 Mindshare on @arbusai
1. @AbstractChain - 1.81%
2. @grok - 1.70%
3. @base - 1.62%
4. @KaitoAI - 1.40%
5. @opensea - 1.36%
Some highlights from today's note
🔸Trump to sign Executive Order allowing crypto in 401(k) plans
🔸China to launch its first crypto stablecoin
🔸@OpenAI - Introducing GPT-5
Read More Below 👇
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📰 News
• Trump to sign Executive Order allowing crypto in 401(k) plans
• China to launch its first crypto stablecoin
• Bank of England cuts rates by 25bps to 4%
• Parataxis Holdings to buy up to $640M in Bitcoin for treasury reserves
• SharpLink raises $200M at $19.50/share to grow its Ethereum treasury
• Ripple acquires Rail for $200M to boost global stablecoin payments
• Paxos settles with NY regulator for $48.5M over Binance BUSD partnership
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📖 Good Reads
• @RubiksWeb3hub - Solving Fragmentation with Intent-Centric Execution
• @snubeaver - Agent or Bot?
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🎉 New Protocols
• @TopCutFinance
• @0xOdysseyApp
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💰 Crypto Fundraising
• @blindpaylabs (Blockchain Service) - 3.3m Seed
• @build_on_bob (Chain) - 9.5m Strategic
• @doppler_fi (DeFi) - 3m Seed led by @reforge_vc
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💵 Airdrops
• @Infinit_Labs airdrop claim
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💡Videos & Podcasts
• @OpenAI - Introducing GPT-5
• @notthreadguy - Kyle Samani: Solana's Future, Genius Act, Crypto's "ChatGPT Moment" and More
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😇 Opportunity
450,000 $RING airdropped on @arbuschirps for $ARBUS stakers! Stake your $RING to boost your @RingfenceAI leaderboard score
That's all!
