Overview of Key Overnight Developments on April 3

21:00-7:00 Keywords: Predict.fun, Tether, an exchange, Strait of Hormuz 1. YZi Labs announced a strategic additional investment in Predict.fun; 2. Tether launched a final fundraising round at a $500 billion valuation; 3. An exchange stated it has received a conditional approval for a U.S. trust license; 4. Iran said it is drafting a Strait of Hormuz passage agreement with Oman; 5. Federal Reserve's Logan: The balance sheet can be reduced by changing regulatory rules; 6. SpaceX is expected to sprint to a $2 trillion valuation, overtaking Meta and Tesla; 7. The US CFTC and the Department of Justice sued the governor and attorney general of Illinois, alleging they have no authority to regulate the prediction market.