Chung Daily Note - 2025/4/3
Happy Thursday! Great things take time—trust the process and keep believing! 🙌
💡@Mantle_Official is launching Mantle Banking, a crypto neobank, and MI4, a tokenized fund, bridging DeFi and TradFi!
Some highlights from today's note
🔸President Trump's reciprocal tariffs range from 10% to 49% across various countries, including China (34%), Vietnam (46%), and Cambodia (49%)
🔸Ethereum's Pectra upgrade is set for May 7th, after a successful Hoodi testnet launch
🔸@arndxt_xo - The State of Yield-Bearing Stablecoins in 2025 (Part 1)
Read More Below 👇
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📰 News
• Ethereum's Pectra upgrade is set for May 7th, after a successful Hoodi testnet launch
• @BlackRock's BUIDL fund paid $4.17M in March, with $3.5M on Ethereum—totaling $22.8M on-chain
• The SEC has acknowledged Fidelity's filing for a spot SOL ETF
• @binance confirms about FDUSD is 1:1 backed as of recent audit
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📖 Good Reads
• @RayDalio - The Effects of Tariffs: How the Machine Works
• @arndxt_xo - The State of Yield-Bearing Stablecoins in 2025 (Part 1)
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🎉 New Protocols
• @creatorgenapp (@swunicorn)
• @slant_ai (@MilesFinched)
• @Revive_Finance (build on @Aptos)
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💰 Crypto Fundraising
• @Bitfarms_io (CeFi) - 50m investment from Macquarie Group
• @0xbloctopus (Blockchain Infrastructure) - 1m led by @HivemindCap
• @Ultra_io (GameFi) - 12m
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💵 Airdrops
• @hyperlane $HYPER airdrop checker
• @Stake_Stone $STO airdrop checker
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💡 Videos & Podcasts
• @theallinpod - All-In Live from Austin: Colin and Samir, Chris Williamson, and Bryan Johnson
• @mrblocktw - Market crash? Bitcoin's got your back – Topic Discussion (Episode 1166)
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😇 Opportunity
@Karak_Network is a global base layer for secure, specialized L1 blockchains, integrating shared security, validation, and multiasset staking to bring financial markets on-chain. Its first L1, IPee, is a piracy-focused blockchain led by Mogadishu experts, enabling free access to existing IP!
That's all!