Chung Daily Note - 2025/6/24

Happy Tuesday! Keep the momentum going—small steps lead to big wins! 🔥

💡@infinex now supports up to 3 passkeys per account for added security and backup access!

Top 5 Mindshare on @arbusai

1. @yapyo_arb - 2.61%

2. @virtuals_io - 2.52%

3. @KaitoAI - 2.47%

4. @cookiedotfun - 1.81%

5. @base - 1.71%

Some highlights from today's note

🔸Powell says rate cuts are off the table due to expected inflation rise this year

🔸Powell says banks can freely engage in crypto

🔸Crypto rules of the road framework unveiled by Republican senators

Read More Below 👇

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📰 News

• Powell says rate cuts are off the table due to expected inflation rise this year

• Powell says banks can freely engage in crypto

• Ex-Coral Capital execs aim to raise $100M via Build & Build Corp to buy $BNB for treasury strategy

• @NanoLabsLtd (Nasdaq: NA) becomes a $BNB-only reserve, committing $500M to BNB

• ProCap buys 3,724 BTC for $386.5M at $103.8K each, a day after its $1B merger announcement

• @chainlink and Mastercard team up to enable 3B+ cardholders to buy crypto onchain

• @Polymarket close to raising $200M at $1B+ valuation

• Crypto rules of the road framework unveiled by Republican senators

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📖 Good Reads

• @PineAnalytics - This Week in Crypto (06/23/25)

• @__lostin__ - Real World Assets on Solana: A Comprehensive Overview

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🎉 New Protocols

• @nectraxyz

• @Keyring_Network

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💰 Crypto Fundraising

• @digitalassetcom (Blockchain Service) - 135m Strategic led by @Tradeweb @DRWTrading

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💵 Airdrops

• @MagicNewton is live to claim & stake

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💡Videos & Podcasts

• @mrblocktw - Peace may be fake, but the pump is real! Forget who's right or wrong — Topic Discussion (Ep. 1219)

• @KevinWSHPod - Why I Invested $10M on this SINGLE Crypto - Scytale Founder | DROPS E10

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😇 Opportunity

@Lombard_Finance’s $LBTC is now the 4th largest BTC derivative, behind BitGo, Binance, and Coinbase, with 64% DeFi utilization and integrations with protocols like @sparkdotfi, @build_on_bob, @katana, and @TacBuild

That's all!