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More →KuCoin Futures New Listing: PYBOBOUSDT Perpetual Contract, up to 8x leverage
KuCoin has announced the listing of the new PYBOBOUSDT perpetual contract, offering leverage of up to 8x.
Visa moves stablecoin pre-funding into commercial deployment as Inyo Global completes integration
According to Bijie News, Visa announced that it is moving its Visa Direct stablecoin pre-funding feature from pilot stage to commercial deployment, mainly for cross-border payments. Inyo Global has become the first partner to integrate the feature, making it available to eligible Visa Direct clients and partners. Businesses can use Inyo to make near-real-time pre-funded cross-border payments in USDC, thereby improving liquidity management and 24/7 availability.
Osmosis community: The liquid staking token bosmo has a contract vulnerability.
According to a disclosure on the Osmosis community forum, the liquid staking token bosmo issued by Backbone Labs has a contract vulnerability. Since April 2026, each redemption has actually paid out about 1.676 osmo, roughly 50% more than the normal exchange rate of 1.117 osmo, diluting the asset backing of remaining holders. To prevent the vulnerability from continuing to affect other holders, the community pool centrally redeemed 776,000 bosmo on October 10, withdrawing about 1.3 million osmo and nearly depleting the contract reserves. The community plans to compensate 1,037 accounts with about 40,508 osmo after unstaking on October 24, and reminds users to avoid buying bosmo or providing liquidity to the related pools.
Federal Reserve Chair Warsh: Two interest rate meetings will be held in October and December.
According to CoinWorld news, Federal Reserve Chairman Warsh stated that there will be two more policy meetings this year, which will be a critical moment for reaching clear conclusions. He noted that by then there will be a clearer and more definitive understanding of the developments in output, employment, and inflation, and that policy judgments will be made at the October and December policy meetings.
Visa Direct stablecoin payment functionality officially enters commercial deployment.
According to Bijie News, Visa has announced that its Visa Direct stablecoin payment feature has officially moved from the pilot stage into commercial deployment. Payment infrastructure provider Inyo Global has become the first partner to put the Visa Direct stablecoin pre-funding feature into actual operation, allowing eligible business clients to use USDC for near-real-time pre-funding of cross-border payments without having to rely entirely on the funding transfer windows of traditional banks. Visa previously launched a stablecoin pre-funding and payment pilot in 2025, and this marks the beginning of the relevant features entering actual commercial operation.
Fed Chair Warsh: Will clearly communicate changes in output, employment, and inflation.
According to BiJie News, Federal Reserve Chairman Warsh stated that the changes in output, employment, and inflation will be clarified in the future.
Meteora fixes DAMM v1 accounting vulnerability, preventing abnormal inflation of LP shares.
According to news from Bijie, the Solana liquidity protocol Meteora has improved the accounting design of legacy DAMM v1 pools, with the pools now tracking the total LP supply themselves, so external burns no longer affect share calculations, and withdrawals require the LP owner's signature. In the previous design, burning LP tokens would reduce the total supply and inflate the remaining LP shares. A third-party wallet had exploited this design in 7 low-liquidity pools to increase its own share to about $12,600, and after being notified, the team suspended and fixed the related vulnerability.
Singapore Gulf Bank launches two-way conversion service between US dollars and stablecoins.
According to CoinWorld news, Singapore Gulf Bank (SGB) has announced that individual customers can perform two-way conversions between USD and USDT or USDC through its mobile banking app, without needing to transfer funds to a cryptocurrency exchange, and can hold USDT, USDC, and other fiat currencies in the same bank account. The service supports 24-hour conversions from Monday to Friday. Singapore Gulf Bank was initiated by Singapore's Whampoa Group and is currently one of Asia's most important crypto-friendly banks.
The German Finance Minister on energy prices: the right approach is to continue investing in renewable energy, which is the most economical option.
According to BiJie News, the German Finance Minister spoke about energy prices: the right approach is to continue investing in renewable energy, which is the most economical choice.
Federal Reserve officials have continuously signaled that there is no rush to raise interest rates again. What does Chair Warsh think?
CoinWorld news: Federal Reserve officials have continuously signaled that there is no rush to raise interest rates again. What does Chair Warsh think? The quiet period before the October meeting is approaching—stay tuned for Warsh's key speech!