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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
VXN Nasdaq 100 Volatility Index daily change -1.33%
CoinWorld US stock data: The VXN Nasdaq 100 Volatility Index fell 1.33% from the previous trading day. Compared with the same-caliber snapshot 24 hours earlier, it rose 4.4567 percentage points; compared with the same-caliber snapshot 7 days earlier, it fell 2.7697 percentage points.
On-chain detective Zachxbt: An institution was robbed of $2.84 million by squidsquad.
According to CoinWorld news, on-chain detective Zachxbt pointed out that an institution was stolen of approximately $2.84 million on the BSC chain on October 8 by the North Korea-linked group SquidSquad. The attackers deposited 1,111.2 ETH into Tornado Cash, consolidated the funds across multiple addresses through cross-chain operations, and ultimately funneled them to Chinese over-the-counter (OTC) dealers.
Rumors of a Tesla-SpaceX merger push SpaceX shares up 9.6%.
According to Reuters, SpaceX shares rose 9.6% on Tradegate following Musk's suggestion of a possible merger with Tesla.
The 4-hour trading volume ratio of SOL contracts to spot is 6.13.
Biji Network data: Over the most recent 4 full hours, SOLUSDT perpetual contract trading volume was 6.13 times its spot trading volume. Compared with the same-caliber snapshot 24 hours earlier, it fell by 1.2088; compared with the same-caliber snapshot 7 days earlier, it fell by 2.3001.
The U.S. President's special envoy arrives in Russia today.
According to a report by Russian news agency TASS, U.S. Presidential Special Envoy Witkoff arrived in St. Petersburg, Russia today. A day earlier, Witkoff held a meeting with Ukrainian President Zelensky in Oslo, Norway, which was also attended by several European leaders. The talks were aimed at formulating a peace plan that could be submitted to the Russian side for discussion. According to information released by Norwegian Prime Minister Støre, Witkoff hopes to meet with Russian President Putin after arriving in Russia and to brief the Russian side on the content of the Oslo talks.
Upbit suspends GRAM deposits and withdrawals; trading remains unaffected during maintenance.
According to CoinWorld news, Upbit announced that due to maintenance of the GRAM wallet on The Open Network (TON), the platform has suspended GRAM deposit and withdrawal services starting from the announcement on October 21, 2026, with the resumption time to be determined and further notice to follow. During the maintenance period, GRAM trading will not be affected.
BNB Standard will hold a Nasdaq bell-ringing ceremony on October 26.
According to CoinWorld news, Nasdaq-listed company BNB Standard has announced that it will ring the Nasdaq opening bell on October 26 to celebrate the company's rebranding and the appointment of its new management team. The company's CEO will attend the event together with board members, the management team, investors, and ecosystem partners.
The 4-hour trading volume ratio of ETH contracts to spot is 13.8.
Bijie data: Over the most recent 4 full hours, ETHUSDT perpetual contract trading volume was 13.8 times spot trading volume. Compared with the same-caliber snapshot 24 hours earlier, it fell by 4.1701; compared with the same-caliber snapshot 7 days earlier, it fell by 3.5531.
US equity options open interest stands at 409,659,770 contracts.
BiJie.com US stock data: US single-stock options open interest stands at 409,659,770 contracts, of which 251,014,115 are calls and 158,645,655 are puts.