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
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.
Bitget suspends US stock overnight trading during system upgrade
Bitget has announced that due to an upgrade of Blue Ocean ATS, the upstream exchange system for U.S. stocks, Bitget has temporarily suspended night trading services, affecting U.S. stock spot and U.S. stock Rtoken and related instruments. Pre-market and intraday trading can proceed normally, user assets and underlying funds are unaffected, and unfilled night trading orders are being frozen or canceled according to the rules. Night trading services will automatically resume after the system upgrade is completed.
Zhipu's new model is reported to have up to 3.5 trillion parameters and is expected to reach the level of Claude Fable.
According to a report from Bijie Network, Zhipu's new model is rumored to have up to 3.5 trillion parameters, and is expected to reach the Claude Fable level. A summary of an expert interview circulating in investment communities claims that Zhipu's next-generation foundation model is not the previously rumored 1.6 trillion parameters, but rather 2.5 trillion to 3.5 trillion parameters. The glm-5.3 released by Zhipu in August this year still uses the previous-generation foundation, with a total of approximately 744 billion parameters. If the news is true, the scale of the new foundation will expand to about 3.4 to 4.7 times that of the current version. The summary states that Zhipu adopted a more aggressive model architecture this time, and during pre-training there was a period when the loss did not decrease. The interviewee believes the problem should have been resolved recently, expects training to be completed soon, and predicts that the new model can reach the flagship level of Claude Fable. The new model also aims to solve the "can be released but cannot be supplied" problem after large models are launched. Zhipu has treated inference speed and cost as hard constraints from the architecture design stage, with the goal of being able to operate at large scale on the first day of release, and multiple cloud vendors are already in discussions about revenue sharing.
Ukrainian Prime Minister: Russia's attack targets include Kyiv.
CoinWorld news, Ukrainian Prime Minister: Russian strikes targeted energy facilities in Kyiv, Volyn, Odesa, and Mykolaiv regions.
Japan's Minister of Land, Infrastructure, Transport and Tourism is studying the introduction of a stablecoin refund mechanism.
According to CoinWorld news, Japan's Minister of Land, Infrastructure, Transport and Tourism Tatsunori Ibayashi stated that the government will study the introduction of stablecoins into the consumption tax exemption system for foreign tourists visiting Japan, and will advance efforts to accommodate refund methods. Japan's tax exemption system will switch to a refund method starting November 1, under which tourists purchase goods at tax-inclusive prices and, after leaving the country within 90 days of the purchase date and having it confirmed by customs, receive a refund of the consumption tax from the tax-free store or an entrusted refund institution.