# Chung Daily Note - 2026/5/10

*Twitter: @cchungccc*

By [Chung Daily Note](https://paragraph.com/@chungresearch.eth) · 2026-05-10

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Happy Sunday! go touch some grass :)

Chung Daily Note curates key news and insights to save you time while also serving as a record of my research and analysis

![](https://storage.googleapis.com/papyrus_images/baad21b10d9ee67824f70206f3499bc5d02d6dfb0e732bcce9f1bb71a1e95e79.jpg)

#### Recap

![X avatar for @cchungccc](https://storage.googleapis.com/papyrus_images/3d100a6fea41b478fd3aafc2ad62bce8ecb79325c39481b6b087b717800270c6.jpg)

[Chung l 仲@cchungccc](https://x.com/cchungccc/status/2052446186565751188)

[Chung Daily Note - 2026/5/7 Happy Thursday! Some highlights from today's note](https://x.com/cchungccc/status/2052446186565751188) 🔸[White House official Patrick Witt says Bitcoin Strategic Reserve announcement could come within weeks](https://x.com/cchungccc/status/2052446186565751188) 🔸[@BasedOneX Airdrop 2nd batch claim Read More Below](https://x.com/cchungccc/status/2052446186565751188) 👇 [---](https://x.com/cchungccc/status/2052446186565751188) 📰 [News • White House official](https://x.com/cchungccc/status/2052446186565751188)

![](https://storage.googleapis.com/papyrus_images/b8aa1d598ccf82371651b80d7e2737c2bc7932933d1be700353ee34362af17d3.jpg)

[1:51 AM · May 8, 2026 · 138 Views](https://x.com/cchungccc/status/2052446186565751188)

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[2 Replies · 9 Likes](https://x.com/cchungccc/status/2052446186565751188)

📰 News
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•U.S. trade court rules against Trump’s 10% global tariff

![X avatar for @DeItaone](https://storage.googleapis.com/papyrus_images/aba41e4ea60a26e7be96cb0bfcc50de6a4257b7b8d6b6795a186acae3be462ea.jpg)

[\*Walter Bloomberg@DeItaone](https://x.com/DeItaone/status/2052494035206451696)

[US TRADE COURT RULES AGAINST TRUMP'S 10% GLOBAL TARIFF](https://x.com/DeItaone/status/2052494035206451696)

[5:01 AM · May 8, 2026 · 20.4萬 Views](https://x.com/DeItaone/status/2052494035206451696)

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[103 Replies · 203 Reposts · 1380 Likes](https://x.com/DeItaone/status/2052494035206451696)

•US and Iran may resume talks as early as next week in Islamabad

![X avatar for @Investingcom](https://storage.googleapis.com/papyrus_images/00fe1b0e79aab8374b45ab1cc0debc47187c16d202fff76b312e0268b62d0fd5.jpg)

[Investing.com@Investingcom](https://x.com/Investingcom/status/2052868466374234454)

[\*US, IRAN MAY RESUME TALKS AS EARLY AS NEXT WK IN ISLAMABAD: WSJ](https://x.com/Investingcom/status/2052868466374234454)

![](https://storage.googleapis.com/papyrus_images/33cc3e0070933651e171cca773b7732ea57d671bf2430f71ec6d245997ac76cb.jpg)

[5:49 AM · May 9, 2026 · 2.12萬 Views](https://x.com/Investingcom/status/2052868466374234454)

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[14 Replies · 27 Reposts · 265 Likes](https://x.com/Investingcom/status/2052868466374234454)

•SEC Chair Paul Atkins urges Congress to pass the Clarity Act

![X avatar for @WatcherGuru](https://storage.googleapis.com/papyrus_images/d41729c25a8489067bbeff46bb269c12bb6da2f3fa49e46dbd57b77c414bfbb4.png)

[Watcher.Guru@WatcherGuru](https://x.com/WatcherGuru/status/2052814913312002060)

[JUST IN:](https://x.com/WatcherGuru/status/2052814913312002060) 🇺🇸 [SEC Chair Paul Atkins calls for Congress to pass crypto market structure legislation and "send the Clarity Act to President Trump's desk."](https://x.com/WatcherGuru/status/2052814913312002060)

[2:16 AM · May 9, 2026 · 21.5萬 Views](https://x.com/WatcherGuru/status/2052814913312002060)

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[269 Replies · 881 Reposts · 7130 Likes](https://x.com/WatcherGuru/status/2052814913312002060)

•U.S. Senate Banking Committee to vote on crypto market structure bill on May 14

![X avatar for @WuBlockchain](https://storage.googleapis.com/papyrus_images/728003d269ce7e8e467688b91f82f9a7338d28c4c62efdeb9f90fdf8a2267653.jpg)

[Wu Blockchain@WuBlockchain](https://x.com/WuBlockchain/status/2052897799772238161)

[U.S. Senate Banking Committee to Vote on Crypto Market Structure Bill on May 14 According to crypto journalist Eleanor Terrett, the U.S. Senate Banking Committee will review and vote on H.R.3633, the Digital Asset Market Clarity Act of 2025, at 10:30 a.m. ET on May 14, including](https://x.com/WuBlockchain/status/2052897799772238161)

![](https://storage.googleapis.com/papyrus_images/26f6ed1152d569b015eb14623311bf2f4117cac422e6ba66faeb2d6fcae04456.png)

[7:45 AM · May 9, 2026 · 3790 Views](https://x.com/WuBlockchain/status/2052897799772238161)

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[7 Replies · 6 Reposts · 42 Likes](https://x.com/WuBlockchain/status/2052897799772238161)

•BlackRock to launch tokenized money market funds on Ethereum

![X avatar for @WatcherGuru](https://storage.googleapis.com/papyrus_images/d41729c25a8489067bbeff46bb269c12bb6da2f3fa49e46dbd57b77c414bfbb4.png)

[Watcher.Guru@WatcherGuru](https://x.com/WatcherGuru/status/2052929965201494409)

[JUST IN: BlackRock to launch tokenized money-market funds on Ethereum.](https://x.com/WatcherGuru/status/2052929965201494409)

[9:53 AM · May 9, 2026 · 38.2萬 Views](https://x.com/WatcherGuru/status/2052929965201494409)

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[334 Replies · 703 Reposts · 5810 Likes](https://x.com/WatcherGuru/status/2052929965201494409)

•Japan to tokenize government bonds on blockchain

![X avatar for @WatcherGuru](https://storage.googleapis.com/papyrus_images/d41729c25a8489067bbeff46bb269c12bb6da2f3fa49e46dbd57b77c414bfbb4.png)

[Watcher.Guru@WatcherGuru](https://x.com/WatcherGuru/status/2052452705986052491)

[JUST IN:](https://x.com/WatcherGuru/status/2052452705986052491) 🇯🇵 [Japan to tokenize government bonds on blockchain.](https://x.com/WatcherGuru/status/2052452705986052491)

[2:17 AM · May 8, 2026 · 107萬 Views](https://x.com/WatcherGuru/status/2052452705986052491)

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[692 Replies · 1860 Reposts · 1.3萬 Likes](https://x.com/WatcherGuru/status/2052452705986052491)

•BlackRock, JPMorgan, and Morgan Stanley open dozens of new crypto-related roles

![X avatar for @Kalshi](https://storage.googleapis.com/papyrus_images/9992515f87d714b8b32f67708d55e049dc9f910bc18ed7201860a62f6d7f0436.jpg)

[Kalshi@Kalshi](https://x.com/Kalshi/status/2052422275924648033)

[JUST IN: JPMorgan, Morgan Stanley and BlackRock are now hiring for dozens of crypto jobs](https://x.com/Kalshi/status/2052422275924648033)

[12:16 AM · May 8, 2026 · 97.8萬 Views](https://x.com/Kalshi/status/2052422275924648033)

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[206 Replies · 595 Reposts · 6060 Likes](https://x.com/Kalshi/status/2052422275924648033)

•Coinbase bought $88M worth of Bitcoin in Q1 2026, bringing holdings to 16,492 BTC

![X avatar for @WuBlockchain](https://storage.googleapis.com/papyrus_images/728003d269ce7e8e467688b91f82f9a7338d28c4c62efdeb9f90fdf8a2267653.jpg)

[Wu Blockchain@WuBlockchain](https://x.com/WuBlockchain/status/2052976019435642896)

[Coinbase Buys $88M in Bitcoin in Q1 2026, Reaching 16,492 BTC Coinbase disclosed during its Q1 2026 earnings call that the company purchased $88 million worth of Bitcoin in the first quarter, further expanding its corporate BTC reserves. Coinbase currently holds 16,492 BTC—an](https://x.com/WuBlockchain/status/2052976019435642896)

![](https://storage.googleapis.com/papyrus_images/9b5801ac67f8ace54ca8e44902c4ab99bb8e688086917ffe2129e3a52fda6739.png)

[12:56 PM · May 9, 2026 · 8140 Views](https://x.com/WuBlockchain/status/2052976019435642896)

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[13 Replies · 5 Reposts · 52 Likes](https://x.com/WuBlockchain/status/2052976019435642896)

•Coinbase says AI agents can now pay for AWS services with USDC via x402

![X avatar for @Polymarket](https://storage.googleapis.com/papyrus_images/7495f57c47a7e76710f07d505b9a0478de5290a8153aaadf915be85a1ea96a2f.png)

[Polymarket@Polymarket](https://x.com/Polymarket/status/2052423668840456336)

[JUST IN: Coinbase announces AI agents can now pay for services on AWS with USDC through x402.](https://x.com/Polymarket/status/2052423668840456336)

[12:21 AM · May 8, 2026 · 13.9萬 Views](https://x.com/Polymarket/status/2052423668840456336)

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[131 Replies · 215 Reposts · 2290 Likes](https://x.com/Polymarket/status/2052423668840456336)

•@saylor hints at buying more Bitcoin

![X avatar for @saylor](https://storage.googleapis.com/papyrus_images/a0fa50e217e17caa449d8abb20bbf63db865ad7db1857bde753bc8b70ddba642.jpg)

[Michael Saylor@saylor](https://x.com/saylor/status/2053436344286769483)

[Back to work. $BTC](https://x.com/saylor/status/2053436344286769483)

![](https://storage.googleapis.com/papyrus_images/23ebabb8d17e2659188650f7e8059d87bbe20d32b062fa9f3427402e87499fd6.jpg)

[7:25 PM · May 10, 2026 · 45.7萬 Views](https://x.com/saylor/status/2053436344286769483)

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[943 Replies · 1340 Reposts · 1.31萬 Likes](https://x.com/saylor/status/2053436344286769483)

•Solv Protocol to migrate $700M in tokenized Bitcoin infrastructure from LayerZero to Chainlink CCIP after KelpDAO exploit concerns

![X avatar for @SolvProtocol](https://storage.googleapis.com/papyrus_images/b6c4835833a3fb26ed7f2a5177cad0a4d25c02c55e20cdcd1e814856bd14f566.jpg)

[Solv Protocol@SolvProtocol](https://x.com/SolvProtocol/status/2052375784569164239)

[After an extensive security review, we have decided to deprecate @LayerZero\_Core bridges for SolvBTC and xSolvBTC, and migrate to @chainlink CCIP as our official cross-chain infrastructure solution for $700M+ in tokenized BTC (SolvBTC & xSolvBTC). In light of recent industry](https://x.com/SolvProtocol/status/2052375784569164239)

[9:11 PM · May 7, 2026 · 16.6萬 Views](https://x.com/SolvProtocol/status/2052375784569164239)

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[60 Replies · 132 Reposts · 751 Likes](https://x.com/SolvProtocol/status/2052375784569164239)

📖 Good Reads
-------------

•@TrustlessState - Building the ZEC Thesis in 2026

![X avatar for @TrustlessState](https://storage.googleapis.com/papyrus_images/e03b04ff375157627b263286a1ebde408f9bba9bc230558769fef1c6d54b4304.jpg)

[David Hoffman@TrustlessState](https://x.com/TrustlessState/status/2053187455382347948)

[https://t.co/SH5E0b6qMy](https://x.com/TrustlessState/status/2053187455382347948)

[2:56 AM · May 10, 2026 · 17.3萬 Views](https://x.com/TrustlessState/status/2053187455382347948)

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[32 Replies · 61 Reposts · 314 Likes](https://x.com/TrustlessState/status/2053187455382347948)

•@AvgJoesCrypto - Onchain gachas spend is on track to set a new ATH in May

![X avatar for @AvgJoesCrypto](https://storage.googleapis.com/papyrus_images/b5bc685595bc0f3eefcbc547f5af65f72e159bb0baf66d49750d1a560b32eb52.jpg)

[AJC@AvgJoesCrypto](https://x.com/avgjoescrypto/status/2052399082539286618?s=52&t=I2aokJRYzRx4OZybYxOQ8g)

[Onchain gachas are going parabolic! After setting new ATHs in spend volume in both March ($148.6M) and April ($184.0M), the sector is on pace to set another ATH in May ($211.2M projected). The top 6 TCG platforms by projected May spend: 1) @Collector\_Crypt - $84.8M 2)](https://x.com/avgjoescrypto/status/2052399082539286618?s=52&t=I2aokJRYzRx4OZybYxOQ8g)

![](https://storage.googleapis.com/papyrus_images/9511a268522da9ac8b0904f029a47af05a0959db4607440a28b18eab807f59a6.jpg)

[10:44 PM · May 7, 2026 · 10.4萬 Views](https://x.com/avgjoescrypto/status/2052399082539286618?s=52&t=I2aokJRYzRx4OZybYxOQ8g)

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[51 Replies · 41 Reposts · 326 Likes](https://x.com/avgjoescrypto/status/2052399082539286618?s=52&t=I2aokJRYzRx4OZybYxOQ8g)

🎉 New Protocols
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•@photon\_hq

![X avatar for @photon_hq](https://storage.googleapis.com/papyrus_images/15b4e6a6c3ba77e09d32041a7578975c68c5f90131ba213b7a1e6664dfdbf113.jpg)

[Photon@photon\_hq](https://x.com/photon_hq/status/2052187897797984544)

[Agent founders who spend VC money building fancy UIs but refuse to just use iMessage interfaces:](https://x.com/photon_hq/status/2052187897797984544)

![](https://storage.googleapis.com/papyrus_images/a6d38e584fe199a1a3adcbe13db62b57080c19beeb1a9d807dace5c35a8c80e9.png)

![X avatar for @TechEmails](https://storage.googleapis.com/papyrus_images/1e1c13d182d4335b10177187ab62bebdb7872c979e3693c073f1b442d160c76b.png)

[Internal Tech Emails @TechEmails](https://x.com/photon_hq/status/2052187897797984544)

[Sam Altman texts Mira Murati November 19, 2023](https://x.com/photon_hq/status/2052187897797984544)

[8:44 AM · May 7, 2026 · 627 Views](https://x.com/photon_hq/status/2052187897797984544)

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[10 Likes](https://x.com/photon_hq/status/2052187897797984544)

•@jtx\_trade

![X avatar for @jtx_trade](https://storage.googleapis.com/papyrus_images/3f738705d131bc75cbac512c7f2c6426467b5f13d5527908a831623a43072bd3.jpg)

[JTX@jtx\_trade](https://x.com/jtx_trade/status/2052795942919897221)

[Not For Everyone. Built for the trader who already knows what they need.](https://x.com/jtx_trade/status/2052795942919897221)

![](https://storage.googleapis.com/papyrus_images/6bdbf47b95e6a4f0b8204c3ddc9314cd1dedf5cd76c837dc4ad007e1c5e61fb7.png)

[1:01 AM · May 9, 2026 · 1.37萬 Views](https://x.com/jtx_trade/status/2052795942919897221)

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[35 Replies · 12 Reposts · 151 Likes](https://x.com/jtx_trade/status/2052795942919897221)

💰 Crypto Fundraising
---------------------

•@saturn\_credit (DeFi) - 2m Seed led by @TheSpartanGroup

![X avatar for @saturn_credit](https://storage.googleapis.com/papyrus_images/b7ac50e8e693df8807b74f522e0db6839b3d3f13679216aff17fe062e31c22f3.jpg)

[Saturn@saturn\_credit](https://x.com/saturn_credit/status/2052410386813681984)

[Saturn is proud to announce our $2M seed round led by @TheSpartanGroup, with participation from @Anchorage, Susquehanna Crypto, and more. Saturn is building the application layer on Bitcoin - powered by $STRC. A thread on why it matters.](https://x.com/saturn_credit/status/2052410386813681984)

[11:29 PM · May 7, 2026 · 22.8萬 Views](https://x.com/saturn_credit/status/2052410386813681984)

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[78 Replies · 77 Reposts · 653 Likes](https://x.com/saturn_credit/status/2052410386813681984)

💵 Airdrops
-----------

•@solsticefi airdrop allocation checker

![X avatar for @Crypto_Pranjal](https://storage.googleapis.com/papyrus_images/c2d7123265189a603198d5ed72a9f95da165b3d71307d64516e5a6f8db070c30.jpg)

[Pranjal Bora](https://x.com/Crypto_Pranjal/status/2052819666310230225?s=20) 🧭[@Crypto\_Pranjal](https://x.com/Crypto_Pranjal/status/2052819666310230225?s=20)

[Solstice Airdrop Allocation Checker is Live!](https://x.com/Crypto_Pranjal/status/2052819666310230225?s=20) ✅ [Check here:](https://x.com/Crypto_Pranjal/status/2052819666310230225?s=20) [app.solstice.finance/earn-flares](https://app.solstice.finance/earn-flares) Scroll down to the "My Contribution" section. Got 6274 tokens. At $100M FDV, that’s around $627. Decent tbh. Deposited USDC, and after S1 ended, withdrew everything back. So basically got all

![](https://storage.googleapis.com/papyrus_images/ad7be72a39c5b394b334b652badb08eaf34c4711fe42210f771541125c539bb9.jpg)

2:35 AM · May 9, 2026 · 3.83萬 Views

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71 Replies · 43 Reposts · 386 Likes

📺 Videos & Podcasts
--------------------

•@ARKInvest - From Binance To Beyond: CZ Predicts Crypto’s Next Phase

![X avatar for @ARKInvest](https://storage.googleapis.com/papyrus_images/0b402342f7a64b085bee4b313896e7ba31c6b756cafad5d539f324dd24a160f3.jpg)

[ARK Invest@ARKInvest](https://x.com/arkinvest/status/2052377280614117609?s=52&t=I2aokJRYzRx4OZybYxOQ8g)

[CZ built @binance into the world’s largest crypto exchange. Now he’s explaining what he sees next for crypto, stablecoins, AI, and global finance. New FYI with @CathieDWood + @cz\_binance and @LorenzoARK.](https://x.com/arkinvest/status/2052377280614117609?s=52&t=I2aokJRYzRx4OZybYxOQ8g)

[ark-invest.com](https://x.com/arkinvest/status/2052377280614117609?s=52&t=I2aokJRYzRx4OZybYxOQ8g)

[From Binance To Beyond: CZ Predicts Crypto’s Next Phase](https://x.com/arkinvest/status/2052377280614117609?s=52&t=I2aokJRYzRx4OZybYxOQ8g)

![](https://storage.googleapis.com/papyrus_images/5cb1657c52b9d9ac6019263c1730fe681a558810f7984d4c363b75b9954b8d44.jpg)

[9:17 PM · May 7, 2026 · 39.7萬 Views](https://x.com/arkinvest/status/2052377280614117609?s=52&t=I2aokJRYzRx4OZybYxOQ8g)

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[27 Replies · 36 Reposts · 164 Likes](https://x.com/arkinvest/status/2052377280614117609?s=52&t=I2aokJRYzRx4OZybYxOQ8g)

•@Bankless - Why Crypto Is Suddenly Trading Like the Nasdaq

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CDN Telegram Channel: [http://t.me/chungdailynote](https://t.co/BqtcdpXpMq)

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*Originally published on [Chung Daily Note](https://paragraph.com/@chungresearch.eth/chung-daily-note-2026510)*
