Overview of Key Overnight Developments on September 20
21:00-7:00 Keywords: Pectra Upgrade, Terraform Labs, Consensys, Genesis
1. Ethereum Pectra upgrade confirmed to be executed in two phases;
2. Terraform Labs receives approval from a U.S. bankruptcy judge to begin liquidation;
3. Texas court dismisses Consensys lawsuit against the U.S. SEC;
4. Worldcoin is testing facial recognition features in its World App;
5. Goldman Sachs, Citigroup, and Morgan Stanley predict differing paths for future Fed rate cuts;
6. German government shuts down 47 cryptocurrency exchanges suspected of illegal activities;
7. ZachXBT: Genesis creditors' crypto assets stolen, valued at $243 million;
8. U.S. Congressman Tom Emmer: Looking forward to working with Trump to fire SEC Chairman Gary Gensler.
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