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!