Chung Daily Note - 2026/7/9
Twitter: @cchungccc
Happy Thursday!
Chung Daily Note curates key news and insights to save you time while also serving as a record of my research and analysis
Recap
📰 News
•Fed says a few officials back raising interest rates
•Sony Bank wins OCC approval to issue a dollar-backed stablecoin in the US
•Russia's Alfa Bank plans to offer crypto services and become a digital depository
•10% of fees from Robinhood chain and other Arbitrum L2s go to Arbitrum ecosystem
•Beijing weighs tighter control over its domestic AI labs
•Meta to start making its own AI chip, Iris, in September
📖 Good Reads
•@GuarEmperor - B20 Base
•@insights4vc @rebeccakaden - Data At The Edge
🎉 New Protocols
•@trasiaxyz
•@loadoutprotocol
💰 Crypto Fundraising
•@PrimeIntellect (AI) - 130m Series A led by @radicalvcfund
💵 Airdrops
•@hibachi_xyz Open is live on Arbital, 7 days to climb for up to $8,000 in prizes with a 50% point boost on all pairs
📺 Videos & Podcasts
•@notthreadguy - MARKET OPEN: Memory stocks are back. ChatGPT bottomed the market. Robinhood chain & Crypto.
•@ycombinator - Solving the Blank Canvas Problem: Gusto's AI Co-Founder

























