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More →GRVT Burns 1.1 Million Tokens as Countdown to Grvt 2.0 Begins
<strong>[PRESS RELEASE – Singapore, Singapore, October 20th, 2026]</strong> <strong>The discretionary buyback represents close to 1% of circulating supply and precedes four planned product milestones culminating in Grvt 2.0.</strong> <a href="https://grvt.io/" rel="nofollow noopener" target="_blank">>Grvt</a>, a self-custodial trading platform built on its own zero-knowledge (ZK) chain, announced that the Foundation’s token issuer has completed its first GRVT token buyback, purchasing and burning 1.1 million GRVT tokens on the open market. The transaction permanently removed close to 1% of GRVT’s circulating supply at the time of purchase. It marks the first of five milestones ahead of the planned launch of Grvt 2.0 at the end of November 2026. <strong>A Discretionary Buyback with On-Chain Verification</strong> The Foundation’s token issuer intends to conduct further buybacks on a monthly basis. Each transaction remains entirely at the issuer’s discretion, with no predetermined purchase amount or guaranteed schedule. Buybacks are executed through an independent execution partner, with purchased tokens transferred to a designated burn address and permanently removed from circulation. The transactions can be independently verified through the <a href="https://grvt.io/exchange/buybacks" rel="nofollow noopener" target="_blank">>public buyback dashboard</a>, which records the number of tokens purchased and burned, the percentage of circulating supply represented, cumulative burns and on-chain transaction hashes. “The GRVT token is an important part of the ecosystem we are building,” said <strong>Hong, co-founder and CEO of Grvt</strong>. “We welcome the issuer’s buybacks as a demonstration of its long-term commitment to the ecosystem and community. Grvt is expanding its products and markets, and the issuer’s buybacks sit alongside that as a supportive mechanism aimed at reducing circulating token supply.” <strong>Grvt Outlines Four Product Milestones</strong> The announcement follows GRVT’s token generation event in July 2026 and precedes a series of planned launches. <strong>Grvt Earn, scheduled for the End of October,</strong> will introduce yield opportunities backed by tokenized assets, with target yields of up to 11%. Potential returns are expected to derive from underlying asset cash flows, including interest, premiums and invoice-related income. Asset-supplying partners will be announced at launch. Target yields are not guaranteed. <strong>Stable Funding Perps, scheduled for November,</strong> will introduce perpetual futures linked to commodities, stocks, foreign exchange and indices. The contracts are planned to carry zero trading fees and use once-daily funding. Grvt aims to list more than 1,000 markets by the end of December 2026. <strong>Yield as Margin, also scheduled for November,</strong> will allow eligible Grvt Earn balances to support trading positions while continuing to accrue yield, subject to applicable product terms
UniSat partners with UTEXO, unveiling the roadmap for bringing USDT into the Bitcoin ecosystem.
Cointime news: Unisat and UTEXO have jointly announced a three-phase roadmap for bringing USDT into the Bitcoin ecosystem. Phase one: Unisat Wallet and Uniscan will support receiving, sending, managing, and verifying USDT. Phase two: UniHexa will introduce USDT trading pairs. Phase three: explore USDT applications in scenarios such as payments, financial services, gaming, and AI agents. The team plans to share its technical experience in integrating RGB with USDT with other wallets and development teams.
Zcash developers set November 5 as the target for the NU7 upgrade, reducing block times to 25 seconds.
According to data from Bihaiwang: Zcash developers have determined block 3,543,405 as the activation point for Network Upgrade 7 (NU7), which is expected to introduce 25-second block times on November 5. According to a GitHub proposal submitted by developer Sean Bowe on October 20, the activation height was agreed upon at the Zcash Improvement Proposal (ZIP) editors' meeting, although the change still needs to be finally incorporated into the network's deployment specification. The NU7 mainnet activation height is set at 3,543,405 as part of the final modifications to ZIP 259. The proposal also designates block 8,939,664 for future funding reissuance under the NU7 network sustainability mechanism. Developers have chosen February 2031 as the starting time for the reissuance.
Jensen Huang: Future telecom operators will provide AI computing power.
According to a report by Bijie, NVIDIA CEO Jensen Huang said at the GTC conference held in Berlin that in the future all telecom operators will provide AI computing power, and telecom base stations are expected to evolve into distributed AI networks. He likened the AI economy to a five-layer cake composed of energy, computing power, AI factories, models, and applications, and noted that the computing power layer features the logo of only one company, NVIDIA. The other layers include energy companies such as Siemens Energy and Schneider Electric, AI factory builders Nscale and Firebird, as well as European AI model company Mistral, legal AI company Legora, and translation tool DeepL. Huang also said that the cost of building a 1-gigawatt data center is currently about $50 billion, covering expenses such as land, power, construction, computing equipment, storage, and cooling.
The Bank of England is expected to raise interest rates by 25 basis points in November 2026.
CoinWorld news, investment bank Peel Hunt: expects the Bank of England to raise interest rates by 25 basis points in November 2026, previously forecast to keep rates unchanged.
Aethir updates its token economic model, with daily ATH burns starting in November.
Decentralized GPU cloud computing network Aethir has released an update to its token economic model. Starting from November 2026, a portion of network fees will be used daily to burn ATH, with the burned tokens sent to a public black hole address. The daily burn amount is determined by a public formula and its parameters and is tied to actual network revenue. At the same time, Aethir will replace fixed platform fees with floating network fees, with the rate determined by a formula based on the time-weighted average price (TWAP). When the market weakens, fees decrease and the proportion used for burning increases. The floating network fee has a cap and will not exceed the value of cloud host rewards, and it has no floor, meaning it can drop to zero when the market is weak. The token release plan for cloud hosts remains unchanged. The burn dashboard will go live in November together with the first burn, displaying daily, monthly, and cumulative burn amounts as well as complete transaction records. The burn mechanism has been audited by Certik. The total supply of ATH contracts is fixed at 42 billion tokens.
Jensen Huang: Future telecom base stations will evolve into distributed AI networks.
At the GTC conference held in Berlin, NVIDIA CEO Jensen Huang said that in the future all telecom operators will provide AI computing power, and telecom base stations are expected to evolve into distributed AI networks. He likened the AI economy to a five-layer cake composed of energy, computing power, AI factories, models, and applications, and noted that only NVIDIA's logo appears in the computing power layer, while the other layers include energy companies such as Siemens Energy and Schneider Electric, as well as AI factory builders Nscale and Firebird, European AI model company Mistral, legal AI company Legora, and translation tool DeepL. Huang also said that the cost of building a 1-gigawatt data center is currently about $50 billion, covering expenses such as land, power, construction, computing equipment, storage, and cooling.
Cailian Press, October 21 — Nvidia launches the DSX POD AI factory to accelerate infrastructure deployment in Europe.
Coin World news, Cailian Press, October 21: Nvidia launches the DSX POD AI factory to accelerate infrastructure deployment in Europe.
Indonesia's stock market plunged 11.6%, and MSCI's threat sent the rupiah to a record low.
CoinWorld news: Indonesia's Jakarta Composite Index plunged 11.6% after MSCI threatened to downgrade the country's market, losing about $82 billion in market value over two days. Meanwhile, the Indonesian rupiah fell to a record low against the US dollar, at around 18,037 rupiah. Goldman Sachs warned that an MSCI downgrade could trigger $5.6 billion in passive fund outflows. Indonesian regulators have introduced new disclosure rules and imposed fines of 2.1 trillion rupiah on three companies. MSCI said that insufficient transparency and weak market rules make it difficult for global investors to understand the control of listed companies.
Hungarian Finance Minister: The government is committed to sustainable deficit reduction and aims to join the eurozone by 2032.
Hungarian Finance Minister: Government Committed to Sustainable Deficit Reduction, Aiming to Join Eurozone by 2032. Cailian Press, October 21 — The Hungarian Finance Minister stated that the government is committed to sustainable deficit reduction and aims to bring the deficit below 3% of output by 2030, so that Hungary can join the eurozone in 2032.