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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
MiraclePlus responds to US sanctions: denies investing in Shanghai Zhisuan
Biji.com news, Qi Ji, founder of MiraclePlus, responded to U.S. sanctions, stating that the U.S. Department of the Treasury added some of its affiliated entities to the sanctions list without prior communication. The company explicitly denied investing in Shanghai Zhisuan Technology and said it is communicating with relevant parties in the hope of having the sanctions lifted as soon as possible. The U.S. Department of State said on October 19 that former Google engineer Ding Linwei had participated in the MiraclePlus startup camp with Shanghai Zhisuan Technology, that MiraclePlus provided it with seed funding, and that it obtained equity in the company. A ruling from a federal court in California shows that Ding Linwei entered the MiraclePlus startup camp in August 2023 and received 5 million yuan in financing from its investment arm, corresponding to a 7% equity stake in Zhisuan Technology.
Whales continue to accumulate Bitcoin, with 3 new wallets receiving 1,090 BTC.
CoinWorld data: According to Lookonchain monitoring, whales continue to accumulate Bitcoin, and another 3 newly created wallets received 1,090 BTC from Wintermute, worth approximately $90.38 million at current prices.
The U.S. Genius Act is expected to take effect in 2027, and stablecoin companies need to assess their compliance pathways.
According to CoinWorld news, the U.S. Genius Act is expected to take effect on January 18, 2027, with certain issuance and sales restrictions taking effect on July 18, 2028. The U.S. Office of the Comptroller of the Currency (OCC) published implementation proposals in February 2026, and the Federal Reserve proposed related rules on September 24, 2026. Stablecoin issuers need to assess approval, reserve, and redemption requirements, while distributors need to analyze financial services obligations. Enterprises holding stablecoins need to review redemption channels and counterparty risks. State-qualified issuers with outstanding issuance of no more than $10 billion may opt for state regulation. Reserves for payment-type stablecoins must cover outstanding tokens at least one-to-one, and issuers may not pay interest or yield solely because of holding or using payment-type stablecoins.
Bitcoin's market capitalization share stands at 59.5%.
CoinWorld data: Under CoinWorld's unified market methodology, Bitcoin's market capitalization accounts for 59.5% of the total cryptocurrency market capitalization.
Zelensky says the US has resumed providing missile warnings to Ukraine.
According to CoinWorld news, Ukrainian President Zelensky said in Oslo, the capital of Norway, on the 20th that the United States has resumed providing Ukraine with early warnings of Russian missile attacks. At a joint press conference with Norwegian Prime Minister Støre and Finnish President Stubb, Zelensky said, "We are grateful that the warning system is working. This is very important for the Ukrainian people, because we can know when Russian ballistic missiles are coming." Zelensky held talks with Støre and Stubb that day, and U.S. Presidential Special Envoy Witkoff participated in the meeting. Zelensky said that communication with Witkoff is very important, Ukraine hopes to achieve peace, and the Ukrainian side supports the U.S. proposal to stop attacks on energy facilities. He said the talks also discussed security guarantee issues.
Anthropic may spend $750 billion on computing costs in the coming years.
According to BiJie Network, Anthropic is expected to spend approximately $750 billion on computing costs over the next few years, while the company recorded only $16.3 billion in revenue in the first half of 2026.
SBI Group and Shinhan Card sign a letter of intent for cooperation to jointly build a blockchain payment ecosystem.
Coin World news, according to Coinpost, SBI Group's cryptocurrency exchange SBI VC Trade and SBI Holdings joint venture SBI XDC Network APAC signed a basic memorandum of understanding with South Korean credit card company Shinhan Card on October 21, planning to jointly build a blockchain-based global payment ecosystem. The three parties will explore the integration of digital assets such as yen stablecoins with offline physical store payment services, and assess the commercialization potential of new digital payment services and business models through proof-of-concept experiments. SBI XDC Network APAC and Shinhan Card will collaborate to advance the XDC Network infrastructure and ecosystem development for trade finance and enterprise use cases.
BTC perpetual contract open interest totals 15.327 billion USD.
CoinWorld data: Under the statistical methodology of selected mainstream platforms, the total notional value of open interest in BTC USDT-margined perpetual contracts is 15.327 billion USD.
Multiple Japanese civil society groups will hold rallies to oppose the government's military expansion and constitutional revision.
CoinWorld news: Multiple Japanese civil groups plan to hold rallies on the 21st in Tokyo, Osaka, Gunma, Fukuoka, and other locations to oppose the dangerous moves by the Japanese government to amend the constitution and expand the military, and to call for safeguarding the pacifist constitution and opposing war.