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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
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
SpaceX stock rises on earnings and revenue beat, AI business surges
CoinWorld news, MarketWatch reports, SpaceX stock rises as earnings and revenue beat expectations, while its AI business also surges.
Anthropic IPO filing: first-half revenue of $16.3 billion, future compute commitments could reach $750 billion
According to IPO documents obtained by The Wall Street Journal, Anthropic reported revenue of $16.3 billion in the first half of the year, up from $1.1 billion in the same period last year, while its net loss reached $80.7 billion, compared with $13 billion a year earlier. About $72 billion of the loss stemmed from accounting charges arising from changes in the fair value of financing instruments such as convertible notes. Anthropic's compute and infrastructure spending totaled nearly $9 billion in the first half, compared with $7.3 billion for all of 2025. Anthropic has committed roughly $450 billion to cloud computing agreements over the next 7 to 10 years. In addition, the company has pledged more than $160 billion to lease Google chips. Anthropic's future infrastructure spending commitments have exceeded $600 billion, and could rise by as much as another $150 billion if agreements still under negotiation are included. About 20% of its first-half revenue came from two customers, and the company expects its future revenue to remain heavily dependent on a small number of customers. On the risk side, Anthropic warned that AI models could cause real-world harm, with losses from catastrophic incidents potentially too large to be covered by insurance, and that data center construction is also facing increasingly organized political resistance.
Anthropic IPO filing: first-half revenue of $16.3 billion, future compute commitments could reach $750 billion
According to CoinWorld news, Anthropic's IPO filing shows that the company's revenue in the first half of the year reached $16.3 billion, compared with $1.1 billion in the same period last year, and its net loss was $80.7 billion, compared with $13 billion in the same period last year. About $72 billion of the loss came from fair value changes in financing instruments such as convertible notes. Capital expenditure on computing power and infrastructure in the first half of the year was nearly $9 billion, and related spending for the full year 2025 is expected to be $7.3 billion. Cloud computing agreement spending over the next 7 to 10 years is about $450 billion, with commitments to pay more than $160 billion to lease Google chips, and infrastructure spending commitments have exceeded $600 billion, which could increase by up to another $150 billion if agreements still under negotiation are included. In the first half of the year, about 20% of revenue came from two customers, and future revenue is expected to remain heavily dependent on a small number of customers. On the risk side, Anthropic warned that AI models could cause real-world harm, that losses from catastrophic incidents may not even be coverable by insurance, and that data center construction is also facing increasingly organized political resistance.
US API Cushing crude oil inventory for the week ending October 16: 936,000 barrels, previous value: 1.823 million barrels.
CoinWorld data: U.S. API Cushing crude oil inventory for the week ending October 16 was 936,000 barrels, compared with the previous value of 1.823 million barrels.
U.S. API crude oil inventories fell by 4.931 million barrels, compared with expectations of -1.107 million barrels.
CoinWorld news: U.S. API crude oil inventories for the week ending October 16 fell by 4.931 million barrels, compared with expectations of a 1.107 million barrel decline and the previous value of an 11.123 million barrel decline.
Super Micro announced its financial forecast for the first quarter of fiscal year 2027.
Super Micro expects net sales for the first quarter of fiscal 2027 to be between $18.5 billion and $19.5 billion, compared with market expectations of $15.23 billion. Adjusted gross margin is expected to be between 12.0% and 12.5%, up from the previously expected 10.4% to 10.8%. The company said increased demand for AI platforms is the main factor driving growth.
Over the past 4 hours, active buy trades accounted for 50.43% of ETH futures contract volume.
CoinWorld data: Over the most recent 4 complete hours, the taker buy share of ETHUSDT perpetual contract trades was 50.43%, while the taker sell share was 49.57%, with taker buying prevailing. Compared with the same-methodology snapshot 24 hours earlier, it rose by 0.4527 percentage points; compared with the same-methodology snapshot 7 days earlier, it rose by 4.9242 percentage points.
Fidelity: Perpetual preferred stock drove the purchase of over 135,000 BTC.
According to data from Bijie.com: Fidelity, which manages $7.8 trillion in assets, stated that perpetual preferred stock issued by Bitcoin treasury companies is the latest demand catalyst for BTC, having funded the purchase of more than 135,000 BTC over the past year or so, equivalent to 0.5% of Bitcoin's total supply. BTC's growing scarcity makes it a strong complement to preferred stock.