Federal Reserve Governor Jefferson: No Need to Hurry to Further Cut Interest Rates, Strong Economy Makes Caution Appropriate

Google announced that Google Cloud is rolling out updated serverless base images for all supported PHP versions, urging customers to upgrade immediately to PHP 8.2 or later and redeploy their services using the patched versions. Google clarified that Google Cloud itself has no vulnerabilities, but users running PHP on the platform may face risks. The tech giant also noted that Gemini 4 ARGON contributed to vulnerability discovery, exploit development, attack detection, and patch validation.

According to Bloomberg, prediction market platform Kalshi has struck a new deal with crypto asset custodian BitGo, allowing select clients to borrow funds using their custodied crypto assets as collateral, with the loan proceeds serving as margin for leveraged perpetual futures trading on Kalshi’s exchange. The arrangement is targeted at clients of Kalshi Prime, Kalshi’s U.S.-registered futures commission merchant, and adopts a tri-party collateral management structure. Loans are provided by Kalshi’s affiliated lending firm Kalshi Katalyst, while collateral assets are held at BitGo Bank & Trust. Eligible collateral includes Bitcoin, Ethereum, and stablecoins compliant with the GENIUS Act, with plans to integrate additional custodians in the future. Jeff Bandman, CEO of Kalshi Prime, stated that the setup enables clients to participate in trading without liquidating their crypto holdings, which may attract crypto-native trading firms and large digital asset holders (whales).

Oct 21 Update: #Bitcoin ETFs: 1D NetFlow: -403 $BTC(-$33.88M)?? 7D NetFlow: +2,528 $BTC(+$212.31M)?? #Ethereum ETFs: 1D NetFlow: -12,688 $ETH(-$31.42M)?? 7D NetFlow: -155,122 $ETH(-$384.13M)??

According to HTX market data, Bitcoin has broken through $84,000, with a 24-hour gain of 1.29%.

Due to a critical security vulnerability in the widely used PHP programming language, multiple government websites across Europe and other regions were forced to go offline on Wednesday, with site operators taking urgent measures to secure their systems. The PHP development team announced on local time Tuesday that two critical security flaws had been discovered, urging users to update immediately once patches were released. On Wednesday, the team confirmed that the new PHP version fixing the vulnerabilities was officially launched. However, amid reports that hackers were exploiting the flaws to breach websites, government agencies in the Netherlands, Finland and other countries had preemptively shut down some sites before the patch’s release. PHP is one of the most widely used programming languages on the internet, powering platforms including WordPress, Drupal, Joomla and Magento. According to web technology statistics firm W3Techs, roughly 75% of websites with identifiable programming languages use PHP. Around 43% of global websites are powered by WordPress, covering blogs, small business sites, government portals, e-commerce platforms and news sites. The security incident has triggered large-scale outages of websites across multiple European nations. Temporary shutdowns have affected sites including the Port of Rotterdam in the Netherlands, Dutch government portal Overheid.nl, the Royal Dutch Football Association, websites of the country’s five major political parties, and several hospital sites.

According to official announcements, Binance Wallet has launched the PREDICTUSDT pre-market perpetual contract, offering up to 5x leverage. Eligible users can use bStocks tokenized stocks as collateral. After enabling the multi-asset mode, tokenized stocks held in Binance Wallet can be converted into margin at up to 90% of their market value.