Morning News List of important developments overnight on October 28
21:00-7:00 Keywords: Base, FTX, Tether
The probability of the Federal Reserve cutting interest rates by 25 BP in November is 97.7%.
2. Base daily stablecoin transfers exceeded all other chains for the first time;
3. Spot gold opened at $15 lower on Monday and is now quoted at $2,731/ounce;
4. FTX and Bybit reached a $228 million settlement to accelerate the process of returning customer funds;
5. CoinDCX co-founder: CBDCs and cryptocurrencies should coexist, not compete.
6. Tether CEO shows a preview of the privacy-focused Tether Local AI development kit, with plans to open-source it later.
7. TIA, SUI, and OP tokens will be unlocked in large quantities next week, of which TIA is worth about $941 million.