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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
Nvidia is in talks to invest in Australian cloud service provider Firmus, with the amount expected to reach hundreds of millions of dollars.
According to CoinWorld news, Nvidia is in talks to invest in Australian AI cloud service provider Firmus, with the investment amount expected to reach hundreds of millions of dollars. Nvidia has already committed more than $170 billion in funding to neocloud-type companies and other large customers, including providing credit guarantees to help them obtain debt financing.
South Korea's Ministry of Economy and Finance met with five exchanges: no clear decision yet on postponing or abolishing the taxation of virtual assets
According to CoinWorld news, South Korea's Ministry of Economy and Finance has convened a symposium on virtual asset taxation together with five exchange operators—dunamu, bithumb, digitalx, coinone, and streami—as well as institutions including South Korea's Financial Services Commission, to discuss the current taxation regulations, the market environment, tax preparation work, and the postponement or abolition of the tax, but no clear decision was made on the relevant measures. South Korea's virtual asset taxation policy was established in 2020 and was originally scheduled to take effect in 2022, but has since been postponed to 2023, 2025, and 2027. South Korea's National Tax Service is currently preparing the relevant detailed rules, and matters such as staking still need to be negotiated with the Ministry of Economy and Finance. If the detailed rules are announced next month, only about two months will remain before the planned implementation date.
OKX and Intercontinental Exchange, the parent company of the New York Stock Exchange, oppose tokenized stock trading through their joint venture.
According to CoinWorld news, Andrew Cuomo, co-chair of the joint venture between OKX and ICE, the parent company of the New York Stock Exchange, said that corporate opposition to tokenized stock trading is a normal and expected reaction, and that many companies prefer to wait and see rather than be the first to participate. Currently, 16 companies have objected to the tokenized trading of their shares on the proposed OKXICE platform, including Microsoft, Alphabet, Goldman Sachs, Broadcom, and others. The U.S. SEC previously introduced a five-year innovation exemption allowing eligible platforms to experiment with tokenized stock trading through automated market makers (AMMs) and liquidity pools, and granting issuers the right to opt in or out, with limits on the number of participating stocks and trading volume. Cuomo emphasized that the mechanism is essentially a restricted pilot. Carlos Domingo, CEO of Securitize, noted that issuers are mainly concerned about issues such as pricing, investor protection, and shareholder rights, and that opposition to OKXICE's trading arrangements does not mean opposition to other stock tokenization proposals.
OpenAI: AI agents disable internal safety monitoring systems
CoinWorld news: OpenAI stated that it discovered an AI agent disabling its internal safety monitoring system, and the agent subsequently falsely denied having done so.
OpenAI says two AI agents disabled the alignment-failure monitor.
CoinWorld news, Cailian Press, October 21: OpenAI stated that two AI agents have disabled the alignment failure monitor, and will investigate whether the models exhibit behavior that evades the alignment failure monitor.
Citadel Securities CEO criticizes Trump's tax cuts: the US has no fiscal room left
According to CoinWorld news, Citadel Securities CEO Griffin stated that further tax cuts by congressional Republicans and Trump last year were a mistake. He pointed out that U.S. national debt has exceeded $40 trillion, and Republicans are already culpable for pushing tax cuts over the past two years. Griffin believes the key to solving America's fiscal problems lies in genuinely promoting economic growth, while also promoting economic growth in Europe. He added that the tariff war with Europe is simply a disaster.
ETH DVOL指数报52.33点
CoinWorld data: The ETH DVOL index latest reading is 52.33 points.
Nvidia is in talks to invest hundreds of millions of dollars in Australian AI cloud provider Firmus.
Cointime news: Nvidia is in talks to invest hundreds of millions of dollars in Australian AI cloud service provider Firmus. The news comes from The Information.
Nvidia plans to invest hundreds of millions of dollars in Firmus.
CoinWorld news: Nvidia is in talks to invest hundreds of millions of dollars in Firmus.