Morning News List of important developments overnight on October 8
21:00-7:00 Keywords: FTX, Fold, Infinex
1. Rumors of a restart of FTX 2.0 have failed, and investors lack interest.
2. The US judge has approved the FTX bankruptcy reorganization plan, and creditors are about to receive compensation.
3. Federal Reserve Musalem: Further interest rate cuts are possible in light of the economic outlook.
4. Bitcoin-exclusive financial services company Fold submitted S-4 documents to the US SEC.
More than 87% of DEX's newly issued tokens year-to-date are based on the Solana blockchain.
6. The probability that the Federal Reserve will cut interest rates by 25BP in November is 86.3%, and the probability of not cutting interest rates rises to 13.7%.
7. Infinex raised $65 million through NFT sales and partnered with Wormhole to implement cross-chain capabilities.