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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
Germany's national bank opens up crypto retail, Tether makes a heavy bet on AI computing power infrastructure.
According to bbx, citing CoinWorld news, Germany's Sparkassen (savings banks) have officially opened mobile crypto trading, partnering with Dekabank to build a compliant channel that brings millions of retail depositors into the Web3 era with an extremely low barrier to entry. Meanwhile, stablecoin leader Tether participated in Tenstorrent's Series E funding round of up to $1.5 billion, using profits from decentralized payments to make a major push into the underlying hardware of AI chips. The market is showing a dual evolution: traditional national-level financial institutions are opening decentralized asset allocation to long-tail retail customers through mature compliant custody infrastructure, while crypto-native giants are leveraging abundant liquidity premiums to pursue deep strategic M&A in artificial intelligence and computing hardware.
Meta, Tesla, and IBM will release their third-quarter earnings reports, with the market focused on AI profitability.
According to CoinWorld news, Meta, Tesla, and IBM will hold their third-quarter earnings conference calls at 04:30, 05:00, and 05:30 (UTC+8) tomorrow morning, respectively, with the market focused on the profitability of the three companies' AI investments. Meta needs to prove that advertising growth can cover computing power expenses, IBM needs to convert AI orders into revenue, and Tesla needs to balance automotive business profits with long-term investment. Wall Street options markets are pricing in roughly 7% two-way volatility for the three companies. On-chain data shows that Meta has seen $10 million-level long position increases, IBM trading is quiet, and Tesla has reduced its holdings as prices rise.
According to Hungarian media Telex: former Hungarian central bank governor Gyorgy Matolcsy has been detained.
According to Hungarian media Telex: former Hungarian central bank governor Gyorgy Matolcsy has been detained.
U.S. single-stock options volume was 2,847,332 contracts.
CoinWorld US stock data: US single-stock options volume was 2,847,332 contracts, of which 1,826,125 were calls and 1,021,207 were puts.
BTC spot ETFs saw a net inflow of $23.16 million on October 20, while ETH and SOL spot ETFs saw net outflows of $26.13 million and $2.65 million.
CoinWorld data: According to Cointelegraph, on October 20, spot BTC ETFs recorded a net inflow of $23.16 million, while spot ETH and SOL ETFs saw net outflows of $26.13 million and $2.65 million, respectively.
On-chain detective: An institution had 973,000 morpho tokens stolen, worth approximately $2.3 million.
According to a CoinWorld report, on-chain detective ZachXBT pointed out that a total of 973,000 MORPHO tokens were stolen from two addresses belonging to an institution, worth approximately $2.3 million. The funds have been deposited into Tornado Cash, and the theft involved EIP-7702 account delegation transactions. The victim address has an on-chain connection to an address suspected to belong to Nima Capital, and that entity was previously robbed of approximately $3.5 million on October 9.
The put/call ratio for individual stock options is reported at 0.56.
CoinWorld US stock data: The individual stock options Put/Call ratio is 0.56, with call option trading volume higher than put option volume on the day. Compared with the same-caliber snapshot 24 hours ago, it rose by 0.01; compared with the same-caliber snapshot 7 days ago, it rose by 0.02.
BTC liquidations over the past 24 hours totaled $58.0144 million.
According to data from Bijie.com, the rolling 24-hour liquidation amount for BTC is approximately 58.0144 million USD, involving about 3,345 liquidated accounts. Compared with the same-caliber snapshot 24 hours earlier, it is up 29.56%; compared with the same-caliber snapshot 7 days earlier, it is up 196.98%.
The Ministry of Foreign Affairs responded to Japan's request for U.S. assistance in persuading China to relax rare earth export controls.
Ministry of Foreign Affairs spokesperson Mao Ning stated at the regular press conference on October 21 that China has implemented export controls on Japan in accordance with laws and regulations, with the aim of stopping Japan's attempts at "remilitarization" and nuclear weapons development. Mao Ning pointed out that China's position of safeguarding the stability and security of global production and supply chains for critical minerals remains unchanged, and all parties have the responsibility to play a constructive role in this regard.