Chung Daily Note

JUST IN: €1.34 trillion asset manager Deutsche Bank to offer #Bitcoin & crypto custody services.

•DCG floats 110% recovery for Gemini Earn clients—an offer that may be hard for the Winklevii to refuse - @FortuneMagazine

FORTUNE

@FortuneMagazine

More than 300,000 retail customers have had their accounts frozen for nearly year.

fortune.com

DCG floats 110% recovery for Gemini Earn clients—an offer that may be hard for the Winklevii to...

More than 300,000 retail customers have had their accounts frozen for nearly year.

•SEC commissioners Peirce and Uyeda just released a statement saying they DISAGREE with the SEC's actions against Stoner Cats nfts - @NFTherder

OKHotshot

@NFTherder

Wow! SEC commissioners Peirce and Uyeda just released a statement saying they DISAGREE with the SEC's actions against Stoner Cats nfts

Comparing nfts to 1970s Star Wars collectables, and stating the need to protect artists' ability to create without excessive legal constraints

• Coinbase launches month of zero trading fees on Advanced Trade in UK - @TheBlock__

The Block

@TheBlock__

Coinbase launches month of zero trading fees on Advanced Trade in UK

theblock.co

Coinbase launches month of zero trading fees on Advanced Trade in UK

Coinbase has launched a new promotion allowing all UK customers zero-fee trading for one month on Advanced Trade.

•FTX receives approval to liquidate assets - @tedtalksmacro

tedtalksmacro

TL;DR for what this means:

- FTX estate can sell up to $100M USD worth of tokens per week and that can be increased up to $200M/week.

- Selling tokens (on the open market) must respect any associated vesting/unlock schedule —> FTX can still do an OTC deal but the buyer must…

tedtalksmacro

FTX receives approval to liquidate assets.

~ $560M USD of Bitcoin
~ $1.2B USD of $SOL

+ more…

•Earn 5% rewards on your USDC - @coinbase

Coinbase 🛡️

@coinbase

Earn 5% rewards on your USDC.

Starting...
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•Huobi Rebrands to HTX at Token2049 - @HTX_Global

HTX

@HTX_Global

Huobi Rebrands to HTX at #Token2049

Huobi → #HTX

Learn More

Huobi Rebrands to HTX at TOKEN2049

Huobi, the world’s leading virtual assets exchange, today announced at TOKEN2049 that it will rebrand to HTX. As a platinum sponsor, HTX…

•Inside Magic Eden's "Lucky Buy": A Technical Odyssey of @MagicEden 's new feature - @zhouzhuojie

💎 rex.magic

@zhouzhuojie

Inside Magic Eden's "Lucky Buy": A Technical Odyssey

of @MagicEden's new feature.

A nod to @madergaser, the mastermind behind "Lucky Buy". His vision and technical acumen have birthed a feature that stands as a beacon of innovation on the Solana platform.

Let me explain…

•Stablecoin issuer 'Paxos' accidentally overpaid $510,750 on a single Bitcoin transaction fee - @WatcherGuru

Watcher.Guru

JUST IN: Stablecoin issuer 'Paxos' accidentally overpaid $510,750 on a single #Bitcoin transaction fee.

📖 Good Reads

•@CurveCap - $USDM Part 2, Mountain Protocol launches regulated, permissionless, yield-bearing stablecoin

curvecap.lens

@CurveCap

September 13, 2023: $USDM Part 2

Mountain Protocol launches regulated, permissionless, yield-bearing stablecoin

1/8

•@arndxt_xo - untold truth about how Charles Ponzi makes $250k a day

arndxt

@arndxt_xo

The financial world marvelled at the genius of Charles Ponzi

He created the most successful investment business

The untold truth about how this man makes $250k a day

•@Stoiiic - A Discussion on open interest (OI)

Stoic

@Stoiiic

𝗔 𝗗𝗜𝗦𝗖𝗨𝗦𝗦𝗜𝗢𝗡 𝗢𝗡 𝗢𝗣𝗘𝗡 𝗜𝗡𝗧𝗘𝗥𝗘𝗦𝗧 (𝗢𝗜)

𝗪𝗵𝗮𝘁 𝗶𝘀 𝗢𝗜?

Alright, this is going to get a little hairy but we'll start simple...OI is the number of total positions open in a contract.

If you understand how perps work, you know that for each long there…

•@Hercules_Defi - A huge partnership between @ton_blockchain & Telegram explained

Hercules | DeFi

@Hercules_Defi

TON Blockchain aims to reach 500 Million users by 2028.

It's possible by onboarding 30% of Telegram’s 800 Million active users.

A huge partnership between @ton_blockchain & Telegram explained

•@TheDeFISaint - Narratives, key, and emerging players you should keep your eyes on until the bull market

DeFI Saint 🦇🔊

@TheDeFISaint

Here are the narratives, key, and emerging players you should keep your eyes on until the bull market.

️LSD = @LidoFinance = @staderlabs_eth

️LSDFI = @lybrafinance = @pendle_fi

️LPDFI = @logarithm_fi = @Panoptic_xyz/@LimitlessFi_

️LRT = @eigenlayer =…

•@tt_intern - @friendtech report

Token Terminal Intern

@tt_intern

Our free report on @friendtech is out!

TLDR: @friendtech has the 2nd highest weekly revenue of all dapps ($7.2m) and a TVL of ~$30m. ~70% of big CT accounts have joined @friendtech already.

Read below for a summary of our key findings

•@ballsyalchemist - Open talk: Zero Knowledge

Life is short, so am I 超声波资产🦇🔊🐼

@ballsyalchemist

"TRUE recursion at zkVM layer is totally unexplored"??
"Embedded zkDSL>>External zkDSL"??
"FPGA & ASIC for witness generation"??
"Latency of zkCoprocessor isn't a big issue"?

Here are the recordings from our Open Talk (+ comments) with many open research problems & hot takes

🎉 New Protocols

•@perpstech

perps

@perpstech

We're now tracking and listing @onetimebb on perps.

Almost finished migrating to Supabase which is going to improve the experience on perps.tech significantly. We'll be reducing the number of listings now. Enjoy the ride.

- @onlybejita

•@MonkeyBanana_GG

Monkey - the $BANANA sinkhole

@MonkeyBanana_GG

Our $MONKEY's are very keen for the $BANANA relaunch
Our treasury bag is nice and fat ready to ape in

•@BotCompiler

BotCompiler

@BotCompiler

Our Whitepaper is now LIVE!

You can view it here: pdfhost.io/v/n60NHZS8R_Bo…

It will be added to our website momentarily…

Thank you for your patience!

•@0xGasless

0xGasless

@0xGasless

Today let’s breakdown the usefulness of Account Abstraction -
A thread:
#0xGasless $0xgas

•@zeroxsai

0xShibarium AI

@zeroxsai

We are excited to share our first community $0xS medium.

0xShibarium (0xS) Development Update #1
medium.com/@zeroxsai/0xsh…

The #0xS team appreciate the support and patience from the community & and we hope the medium provides clarity on development going forward.

0xShibarium (0xS) Development Update #1

The 0xShibarium team which consists of 4 very experienced DeFi developers and current / past founders have been working diligently for the…

💰 Crypto Fundraising

•@movementlabsxyz - 3.4m PreSeed (Led by @BlizzardFund @borderless_cap @varyscapital)

Movement

@movementlabsxyz

Introducing Movement: A Network of Modular Move Based Blockchains

Today, we launch with our pre-seed raise of $3.4M.

We're building the first community-driven #Move environment designed to pair EVM liquidity with Move security and parallel performance.

•@portals_fi - 500k Seed Extension

Portals 🦇🔊👾

@portals_fi

SEED EXTENSION ANNOUNCEMENT

Today, we’ve successfully closed a $500K Seed Extension to accelerate the creation of a #DeFi experience that's user-friendly, efficient, and comprehensive

•@club3xyz - 3m Seed

Club3

@club3xyz

Exciting news

Club3 has completed a seed round of $3M!

We are also launching the first round of a $200,000 partner grants program!!!

Stay tuned and find out more at club3.xyz

💵 Airdrops

•@AlphaFrog13 - Recent airdrop activities you shouldn't skip

Alpha Frog

@AlphaFrog13

Recent airdrop activities you shouldn't skip

Scroll Sepolia x Orbiter FREE NFT galxe.com/OrbiterFinance…

Zora x L0 potential airdrops omnisea.org/z0ra

JediSwap galxe.com/JediSwap/campa…

Don't forget about Aptos Summer Challenge galxe.com/aptos/campaign…

…

💡 Videos & Podcasts

•@leviathan_news @CurveCap @Traders_insight @DAdvisoor - SEC regulates the art market + Is Binance About to Fail + CTFC DeFi Banhammer w/ Alex Golubitsky

•@ProofPodcasts @punk9059 - Are NFT Exchanges Becoming Casinos? | Distance by William Mapan | $16K Photography NFT Sale

•@BanklessHQ @TrustlessState @RyanSAdams - Weekly Rollups: The CFTC's Attack On Crypto Live From Permissionless!

That’s all for today!

Thank you for all your support! Much much love ❤️

Happy Thursday!

Chung daily note including daily news/readings/.. to help you spend less time getting the most important information, and also a track record of my studies.

Let’s read together!

Recap

Chung l 仲

@cchungccc

2023/9/13 - Chung Daily Note

Happy Wednesday!

Chung daily note includes daily news/readings/.. to help you spend less time getting the most important information, and also a track record of my studies.

Let’s read together

(Link in the last

)

📰 News

•€1.34 trillion asset manager Deutsche Bank to offer #Bitcoin & crypto custody services - @WatcherGuru

Watcher.Guru

JUST IN: €1.34 trillion asset manager Deutsche Bank to offer #Bitcoin & crypto custody services.

•DCG floats 110% recovery for Gemini Earn clients—an offer that may be hard for the Winklevii to refuse - @FortuneMagazine

FORTUNE

@FortuneMagazine

More than 300,000 retail customers have had their accounts frozen for nearly year.

fortune.com

DCG floats 110% recovery for Gemini Earn clients—an offer that may be hard for the Winklevii to...

More than 300,000 retail customers have had their accounts frozen for nearly year.

•SEC commissioners Peirce and Uyeda just released a statement saying they DISAGREE with the SEC's actions against Stoner Cats nfts - @NFTherder

OKHotshot

@NFTherder

• Coinbase launches month of zero trading fees on Advanced Trade in UK - @TheBlock__

The Block

@TheBlock__

Coinbase launches month of zero trading fees on Advanced Trade in UK

theblock.co

Coinbase launches month of zero trading fees on Advanced Trade in UK

Coinbase has launched a new promotion allowing all UK customers zero-fee trading for one month on Advanced Trade.

•FTX receives approval to liquidate assets - @tedtalksmacro

tedtalksmacro

tedtalksmacro

FTX receives approval to liquidate assets.

~ $560M USD of Bitcoin
~ $1.2B USD of $SOL

+ more…

•Earn 5% rewards on your USDC - @coinbase

Coinbase 🛡️

@coinbase

Earn 5% rewards on your USDC.

Starting...
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now.

•Huobi Rebrands to HTX at Token2049 - @HTX_Global

HTX

@HTX_Global

Huobi Rebrands to HTX at #Token2049

Huobi → #HTX

Learn More

Huobi Rebrands to HTX at TOKEN2049

Huobi, the world’s leading virtual assets exchange, today announced at TOKEN2049 that it will rebrand to HTX. As a platinum sponsor, HTX…

•Inside Magic Eden's "Lucky Buy": A Technical Odyssey of @MagicEden 's new feature - @zhouzhuojie

💎 rex.magic

@zhouzhuojie

Inside Magic Eden's "Lucky Buy": A Technical Odyssey

•Stablecoin issuer 'Paxos' accidentally overpaid $510,750 on a single Bitcoin transaction fee - @WatcherGuru

Watcher.Guru

JUST IN: Stablecoin issuer 'Paxos' accidentally overpaid $510,750 on a single #Bitcoin transaction fee.

📖 Good Reads

•@CurveCap - $USDM Part 2, Mountain Protocol launches regulated, permissionless, yield-bearing stablecoin

curvecap.lens

@CurveCap

September 13, 2023: $USDM Part 2

Mountain Protocol launches regulated, permissionless, yield-bearing stablecoin

1/8

•@arndxt_xo - untold truth about how Charles Ponzi makes $250k a day

arndxt

@arndxt_xo

The financial world marvelled at the genius of Charles Ponzi

He created the most successful investment business

The untold truth about how this man makes $250k a day

•@Stoiiic - A Discussion on open interest (OI)

Stoic

@Stoiiic

•@Hercules_Defi - A huge partnership between @ton_blockchain & Telegram explained

Hercules | DeFi

@Hercules_Defi

TON Blockchain aims to reach 500 Million users by 2028.

It's possible by onboarding 30% of Telegram’s 800 Million active users.

A huge partnership between @ton_blockchain & Telegram explained

•@TheDeFISaint - Narratives, key, and emerging players you should keep your eyes on until the bull market

DeFI Saint 🦇🔊

@TheDeFISaint

Here are the narratives, key, and emerging players you should keep your eyes on until the bull market.

️LSD = @LidoFinance = @staderlabs_eth

️LSDFI = @lybrafinance = @pendle_fi

️LPDFI = @logarithm_fi = @Panoptic_xyz/@LimitlessFi_

️LRT = @eigenlayer =…

•@tt_intern - @friendtech report

Token Terminal Intern

@tt_intern

•@ballsyalchemist - Open talk: Zero Knowledge

Life is short, so am I 超声波资产🦇🔊🐼

@ballsyalchemist

🎉 New Protocols

•@perpstech

perps

@perpstech

•@MonkeyBanana_GG

Monkey - the $BANANA sinkhole

@MonkeyBanana_GG

Our $MONKEY's are very keen for the $BANANA relaunch
Our treasury bag is nice and fat ready to ape in

•@BotCompiler

BotCompiler

@BotCompiler

Our Whitepaper is now LIVE!

You can view it here: pdfhost.io/v/n60NHZS8R_Bo…

It will be added to our website momentarily…

Thank you for your patience!

•@0xGasless

0xGasless

@0xGasless

Today let’s breakdown the usefulness of Account Abstraction -
A thread:
#0xGasless $0xgas

•@zeroxsai

0xShibarium AI

@zeroxsai