Overview of Important Overnight Developments on October 8
21:00-7:00 Keywords: FTX, Fold, Infinex
1. Rumors of FTX 2.0 relaunch fall through, investors show lack of interest;
2. U.S. judge approves FTX bankruptcy reorganization plan, creditors to be compensated soon;
3. Fed's Mester: Further rate cuts possible given economic outlook;
4. Bitcoin-exclusive financial services company Fold files S-4 document with U.S. SEC;
5. Over 87% of new DEX tokens issued this year are based on the Solana blockchain;
6. Probability of Fed cutting rates by 25BP in November is 86.3%, probability of no cut rises to 13.7%;
7. Infinex raises $65 million through NFT sales, collaborates with Wormhole for cross-chain functionality.
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