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Fear & Greed
65
Greed (+3)
BTC $72,134 +2.3%
ETH $3,892 +1.8%
SOL $168 +4.2%
12h ago · CryptoPotato

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

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Flash 2026-10-21 09:53:01 · Bijing Flash

The number of advancing stocks on the Nasdaq is reported at 1,375.

CoinWorld US stock data: Nasdaq gainers for the day totaled 1,375 securities. Compared with the same-caliber snapshot 7 days ago, this is down 52.54%.

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Flash 2026-10-21 09:50:26 · Bijing Flash

Moonpay and Dunamu have entered into a strategic partnership to explore stablecoin cross-border payments.

CoinWorld news: MoonPay has announced a strategic partnership with Dunamu, the parent company of Upbit, South Korea's largest exchange. The two parties will combine MoonPay's global payment settlement network with Dunamu's blockchain technology to explore business opportunities in three key areas: jointly expanding stablecoin-based cross-border payment and fund transfer scenarios; researching the practical application of introducing digital asset infrastructure into global corporate finance and treasury management; and connecting MoonPay's global service network to Dunamu's Giwa blockchain infrastructure to enhance the accessibility of Giwa ecosystem services and assets in overseas markets and accelerate its global ecosystem expansion.

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Flash 2026-10-21 09:49:14 · Bijing Flash

17-year-old former Kimi researcher Chen Guangyu reportedly joins the startup team of former Google chief scientist Jeff Dean.

CoinWorld news: 17-year-old former Kimi researcher Chen Guangyu has reportedly joined Discovery Loop, an AI company founded by former Google chief scientist Jeff Dean. The company was established in August this year and is seeking financing at a valuation of about $50 billion. Discovery Loop plans to let AI autonomously propose research hypotheses and run thousands of experiments in parallel, with future expansion into fields such as healthcare, materials, and energy. Google parent company Alphabet is also one of its founding investors.

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Flash 2026-10-21 09:46:50 · Bijing Flash

Daily snapshot of total stablecoin market capitalization reports 305.225 billion USD.

CoinWorld data: The daily snapshot for 2026-10-21 shows that the total circulating market capitalization of stablecoins within the statistical scope was $305.225 billion.

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Flash 2026-10-21 09:42:11 · Bijing Flash

An early ETH investor who held for nine years appears to have liquidated 3,000 ETH, making a profit of $8.566 million.

According to data from Bijie.com: an address withdrew 3,000 ETH from Gemini nine years ago, when the cost was $18.82. Starting in August 2025, the address began depositing the funds to exchanges in batches, and 9 hours ago it deposited the final 1,000 ETH, at an average deposit price of $2,874.17. If sold, it would realize a profit of $8.566 million, a return of 151.7x.

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Flash 2026-10-21 09:40:15 · Bijing Flash

MEXC stops providing services to users in Russia and Belarus.

According to CoinWorld news, cryptocurrency exchange MEXC has announced that, in order to comply with global regulatory requirements, it will stop serving users in Russia and Belarus. Affected users will be notified individually, with the notification specifying the schedule and process for closing positions and withdrawing assets. Users who have not received a notification are unaffected and may continue to use the platform in accordance with the terms of service. MEXC stated that user assets are safe and reminded users to be vigilant against phishing links and impersonation accounts. The platform will not request payment or transfers via private messages, nor will it ask for account credentials or seed phrases.

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Flash 2026-10-21 09:40:14 · Bijing Flash

The open interest in the U.S. options market is 639,268,461 contracts.

BiJie Network US stock market data: US options market open interest stands at 639,268,461 contracts, of which 364,509,606 are calls and 274,758,855 are puts.

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Flash 2026-10-21 09:36:10 · Bijing Flash

The data element concept is showing active performance, with Shenzhen Sed A hitting the daily limit.

According to CoinWorld news, the data element concept is showing active performance: Shenzhen SED Industry A hit the daily limit, Massive Data rose more than 9%, and Digital Certification, Taiji Computer, and Zhicheng Information followed the gains. China Data Group Co., Ltd. was established in Xiong'an New Area, Hebei, aiming to advance the development and utilization of data resources, unlock the value of data elements, serve the development of artificial intelligence, and foster a thriving data industry ecosystem.

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Flash 2026-10-21 09:32:47 · Bijing Flash

The OpenSea App is now officially available for public download.

OpenSea co-founder and CEO Devin Finzer has announced that the OpenSea App is officially available for public download starting today. This version fully integrates three core functions: it aggregates the trader social graphs and trading activity scattered across platforms such as FOMO, Pump, and Farcaster, allowing users to track on-chain operations in real time within the activity feed and claim their personal profiles; it also supports convenient deposits via Apple Pay to create or import an existing wallet, enabling a single account to track assets across wallets and trade tokens, Memes, NFT artworks, and trading cards with one click; at the same time, trade execution is underpinned by cross-chain liquidity and real-time pricing. Finzer stated that the current version is at a foundational aggregation stage, and more precise customized trading signals and on-chain performance profiles will continue to be launched in the future.

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⚠️ Information is for reference only. Data from public sources, may have delays.