News Square
Global Crypto News · Real-time Aggregation
📚 Deep Analysis
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
Anthropic Gives 5% of Itself to the Public. Musk Answers by Giving Away SpaceX Shares
Anthropic, the company behind the Claude chatbot, <a href="https://www.anthropic.com/news/public-benefit-fund" target="_blank" rel="nofollow external noopener" class="sc-adb616fe-0 dJryYS">>said</a> Sunday it will commit 5% of its shares to a new Public Benefit Fund. On Monday, Elon Musk answered by promising one SpaceX share to every child in the United States next year. “The Anthropic Public Benefit Fund will have increased flexibility and scale, enabling us to pursue our mission in new ways: for example, we might explore large donations to traditional nonprofits or direct distributions to specific populations,” Anthropic said. The company has already committed $200 million to studying that. Americans are uneasy about how fast AI is moving: an AP-NORC poll in late September found that 64% of U.S. adults say the technology is developing too fast, and 8% say too slow. Anthropic is preparing an IPO, meaning it would sell its shares to the public on the stock market, as soon as November at a reported valuation of around $2 trillion. At that price, 5% of the company would be worth about $100 billion on paper, though that is the value of the shares, not cash sitting in an account. The fund is set up as a wholly owned LLC rather than a nonprofit, which Anthropic says gives it room to switch between types of giving. The board can add another 2% of shares each time the company's value rises 50% above a baseline that has not been disclosed, and none of the fund's equity can be used for lobbying or political donations. The co-founders' pledge to donate 80% of their equity and a matching program for employee donations, and Anthropic says roughly 20% of its shares will be dedicated to the public good. The company has not said how the fund will be taxed or what it will disclose publicly, as a traditional charity must. Musk, never one to leave the spotlight to someone else, <a href="https://x.com/elonmusk/status/2112093799694372952?s=20" target="_blank" rel="nofollow external noopener" class="sc-adb616fe-0 dJryYS">>pushed</a> for Universal High Income (as opposed to Universal Basic Income) writing on X that he will give one of his SpaceX shares to every kid in America. "This will be the first of many," he added. His first reply to Anthropic, recommending "giving the shares directly to the public" instead of routing them through a fund, came Sunday night, and the pledge for kids followed early Monday, less than a day after Anthropic's announcement. Next year, I will give one of my SpaceX shares to every kid in America. This will be the first of many. — Elon Musk (@elonmusk) <a href="https://x.com/elonmusk/status/2112089556615123114?ref_src=twsrc%5Etfw" data-wpel-link="external" rel="nofollow external noopener" target="_blank">October 19, 2026</a> With roughly 72 million children in the country, the pledge comes to about $10.5 billion at SpaceX's price of roughly $147 a share. That is just over 1% of the 6.42 billion shares Musk held as of June 30, p
An unknown wallet transferred 24,544 ETH to the Beacon Deposit Contract.
CoinWorld data: According to Whale Alert monitoring, 24,544 ETH (approximately $60.1345 million) was just transferred from an unknown wallet to the Beacon Deposit Contract.
CryptoQuant: Nearly $1 billion in net USDT outflows, BTC rebound faces a test
According to CryptoQuant, USDT net outflows have approached $1 billion, putting Bitcoin's rebound to the test. The analysis notes that if supply continues to shrink while Bitcoin stalls, the risk is that the rebound could lose momentum before demand is strong enough to absorb renewed selling pressure.
Bank of England MPC member Greene: When inflation exceeds 3%, people notice it.
Bank of England MPC member Greene said that when inflation exceeds 3%, people notice it.
The UK Labour Party's plans could trigger a crisis similar to the Truss episode.
CoinWorld news, according to The Times: Former Bank of England chief economist Haldane warned that the UK Labour Party's plans could trigger a crisis similar to the Truss-style crisis.
Former OpenAI research chief Bob McGrew founded AI manufacturing startup Arda, raising $230 million.
Coin World news, according to CNBC, former OpenAI head of research Bob McGrew is quietly founding a startup called Arda, aimed at using artificial intelligence to bring manufacturing back to the United States. The company has raised $230 million at a valuation of $1.5 billion, in a funding round led by Altimeter Capital, Accel, and Khosla Ventures.
BlackRock: The future where digital assets and AI converge
Coin World News: At Washington Fintech Week, BlackRock's Samara Cohen discussed the future of tokenization and what it means for investors with industry leaders, exploring the growing intersection of AI and digital assets, and how evolving financial infrastructure is unlocking new opportunities and delivering better outcomes for investors.
UnitedHealthcare CEO: AI has reduced the administrative workload of clinicians.
According to CoinWorld news, the CEO of UnitedHealthcare stated that AI is already reducing the administrative workload of clinicians. He noted that AI-driven medical record summarization has been expanded to more than 40% of practicing clinicians, reducing medical record review time by 33%.
OpenAI收购Orchestra Bio
Crypto news outlet reports that OpenAI has acquired the biotechnology company Orchestra Bio; the specific transaction amount has not yet been disclosed.