CRYPTO
Crypto Briefing
08 Oct 2026 · 15:46
Hyperliquid to add options to platform, enhancing derivatives offerings
Hyperliquid is moving to expand its offerings by adding options to its decentralized exchange platform. According to Hyperliquid founder Jeff, speaking at the Blockworks Digital Asset Summit, the integration of options will enable users …
Hyperliquid is moving to expand its offerings by adding options to its decentralized exchange platform. According to Hyperliquid founder Jeff, speaking at the Blockworks Digital Asset Summit, the integration of options will enable users to hedge against spot and perpetual futures on the same order books. This development is seen as a natural progression for Hyperliquid’s on-chain infrastructure, which already supports spot and perpetual futures on its Layer-1 blockchain, HyperCore.
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The announcement follows a robust year for Hyperliquid, which processed approximately $2.9 trillion in volume in 2025 and commands around 59-60% of the on-chain derivatives open interest. The addition of options is expected to bolster the platform’s derivatives stack, offering participants a more comprehensive suite of tools for risk management and strategy execution.
Market participants appear to view this development as potentially increasing the attractiveness of Hyperliquid, with the current market pricing suggesting a 76% chance of Hyperliquid reaching $100 by the end of 2026. This sentiment aligns with recent positive coverage and institutional interest in the platform.
Key Takeaways
Market pricing suggests that the introduction of options is seen as supportive of increased user engagement on Hyperliquid.
Hyperliquid’s existing infrastructure and recent performance metrics are consistent with a favorable outlook for its price trajectory.
The market’s current pricing implies a notable chance of Hyperliquid reaching $100 by December 31, 2026, at 76% YES.
What to Watch
Observers should monitor further announcements from Hyperliquid regarding the timeline for the options rollout. Any updates on partnerships or collaborations that may arise from this development could provide additional momentum. Additionally, institutional interest and market response to Hyperliquid’s expanding offerings will be key indicators of potential price movement as the year-end approaches.
CRYPTO
Crypto Briefing
08 Oct 2026 · 15:46
AMD CEO Lisa Su calls Samsung and SK Hynix important for long-term supply chain
AMD is stretching its memory planning horizon to three to five years as AI demand outruns high-bandwidth memory production AMD CEO Lisa Su has named Samsung and SK Hynix as important partners for the …
AMD is stretching its memory planning horizon to three to five years as AI demand outruns high-bandwidth memory production
AMD CEO Lisa Su has named Samsung and SK Hynix as important partners for the chipmaker’s long-term supply chain. The comment comes as the AI boom turns a specialized type of memory into one of the scarcest commodities in tech.
That memory is high-bandwidth memory, or HBM. Su says AMD now has to plan its supply years further out than it ever did before.
A longer planning horizon for a tighter market
Su visited Taiwan and South Korea in early October 2026. The trip was aimed at locking in long-term supply agreements with memory makers.
Su emphasized that AMD’s capacity planning has to stretch from the previous one to two years out to a new timeline of three to five years.
On October 6, 2026, Su announced that AMD plans to significantly increase supply in 2027. The ramp reflects a strategic pivot as the company responds to how fast the AI market is growing.
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AMD is working with memory chipmakers to address HBM supply constraints that are expected to persist through 2028.
Samsung gets the priority seat
The backbone of AMD’s memory strategy is a deal with Samsung Electronics. On March 18, 2026, the two companies signed a memorandum of understanding naming Samsung as AMD’s priority supplier for sixth-generation HBM4.
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That HBM4 is destined for AMD’s new Instinct MI455X AI accelerators. The same agreement also covers advanced DDR5 memory for AMD’s EPYC “Venice” server processors.
Samsung began shipping HBM4 in February 2026. It was already the primary supplier of HBM3E, the prior generation, for AMD’s earlier chip models.
The relationship is not new. AMD and Samsung have worked together for nearly two decades, so the MOU formalizes a priority role inside a long-running partnership.
The SK Hynix problem
SK Hynix is the other name Su highlighted, and it is the biggest player in the space. The company holds a market share of approximately 57-58% in the HBM segment.
SK Hynix has primarily partnered with Nvidia, AMD’s chief rival in AI accelerators. That arrangement has limited AMD’s options, helping explain AMD’s deeper ties with Samsung.
What this means for AMD and the AI chip race
AMD’s heavy reliance on Samsung concentrates exposure. Any production hiccup or yield issue on Samsung’s HBM4 lines could ripple directly into AMD’s accelerator roadmap.
With roughly 57-58% of the HBM market, any shift in how SK Hynix allocates capacity between Nvidia and others could reshape the competitive picture.
Also worth tracking: whether AMD’s MOU with Samsung turns into firm, multi-year commitments that match Su’s new planning window of three to five years.
CRYPTO
Crypto Briefing
08 Oct 2026 · 15:46
AMD ramps up production of HBM4-based Helios AI systems
Mass production of the MI455X-powered Helios rack is underway, but memory supply remains the bottleneck AMD can't engineer away AMD is putting its foot on the gas for its next generation of AI hardware. …
Mass production of the MI455X-powered Helios rack is underway, but memory supply remains the bottleneck AMD can't engineer away
AMD is putting its foot on the gas for its next generation of AI hardware. The company is increasing production of systems built around HBM4, the newest generation of high-bandwidth memory.
Inside the Helios ramp
Each Helios rack packs 72 Instinct MI455X accelerators. Every one of those chips carries 432 GB of HBM4 memory.
The math works out to 31,104 GB of HBM4 in a single rack.
For AI workloads, memory bandwidth matters enormously. Large models constantly shuttle huge amounts of data, and a fast chip starved of memory bandwidth mostly sits around waiting.
Mass production of Helios began in July 2026. Initial shipments were scheduled for the end of Q3 2026, with significant volume increases expected in Q4 2026.
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Volume shipments are expected to serve major customers including OpenAI, Anthropic, and Microsoft.
AMD has also found that demand outran its own projections. Interest in Helios has far exceeded the company’s initial forecasts for 2027, prompting AMD to plan substantial production increases over the next three to five years.
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Samsung takes the priority supplier seat
Samsung began HBM4 mass production in February 2026. A month later, in March 2026, the two companies signed a memorandum of understanding naming Samsung as AMD’s preferred HBM4 supplier, with shipments currently in progress.
As of early October 2026, AMD CEO Lisa Su was in Seoul discussing additional HBM4 supply with Samsung executives.
The supply crunch nobody can escape
Yields on HBM4 are rising at both Samsung and SK Hynix, but supply constraints remain a major hurdle. AMD has pointed to tight availability of components including HBM and advanced packaging, the specialized process that bonds memory stacks to processors.
HBM4 production capacity is reportedly sold out through 2029, with demand outpacing supply. Samsung aims to double its output in 2027.
What this means for AMD and the AI hardware race
AMD has long chased Nvidia in AI accelerators, and a full-rack system like Helios is its bid to compete at the level hyperscalers actually buy. The real test comes in Q4 2026, when volume shipments are expected to climb.
The risk sits squarely in the supply chain. If HBM and advanced packaging stay tight, AMD’s growth depends less on how many racks customers want and more on how many it can actually build. With HBM4 capacity reportedly committed through 2029, suppliers like Samsung and SK Hynix hold a strong hand.
The watch list includes Q4 shipment volumes, any expansion of the Samsung supply deal after Su’s Seoul visit, and progress on Samsung’s goal to double output in 2027.
CRYPTO
Biztoc.com
08 Oct 2026 · 15:46
What Can Ethereum Do That Bitcoin Can’t? The Difference in Plain English, and Why It Matters for the Price
The post What Can Ethereum Do That Bitcoin Can’t? The Difference in Plain English, and Why It Matters for the Price appeared first on 24/7 Wall St.. Ethereum (CRYPTO: ETH) can run programs on …
The post What Can Ethereum Do That Bitcoin Can’t? The Difference in Plain English, and Why It Matters for the Price appeared first on 24/7 Wall St..
Ethereum (CRYPTO: ETH) can run programs on its own network, while Bitcoin (CRYPTO: BTC) serves a more singular… The post What Can Ethereum Do That Bitcoin Cant? The Difference in Plain English, and Why It Matters for the Price appeared first on 24/7 Wall St..Ethereum (CRYPTO: ETH) can run programs on its own n…
CRYPTO
Biztoc.com
08 Oct 2026 · 15:46
How High Can XRP Realistically Go From $1.47?
The post How High Can XRP Realistically Go From $1.47? appeared first on 24/7 Wall St.. Analysts and XRP enthusiasts have suggested price targets for XRP (CRYPTO: XRP) that range from $2.10 to $750. …
The post How High Can XRP Realistically Go From $1.47? appeared first on 24/7 Wall St..
Analysts and XRP enthusiasts have suggested price targets for XRP (CRYPTO: XRP) that range from $2.10 to $750. To determine how high XRP can realistically go, it’s essenti… The post How High Can XRP Realistically Go From $1.47? appeared first on 24/7 Wall St..Analysts and XRP enthusiasts have suggested price targets for XRP (CRYPTO: XRP) that range from $2.10 to $750. T…
CRYPTO
Forkast.news
08 Oct 2026 · 15:46
OKX’s Standalone Money App Offers 10% APY on USDG in Emerging Markets – But the Yield Engine Is Sealed
The financial plumbing of the internet is undergoing a quiet, aggressive renovation. On October 6, 2026, at the OKX Now Product event in Singapore, the exchange unveiled a standalone application, OKX Money. It is …
The financial plumbing of the internet is undergoing a quiet, aggressive renovation. On October 6, 2026, at the OKX Now Product event in Singapore, the exchange unveiled a standalone application, OKX Money. It is not a feature tucked into the existing exchange interface, but a distinct product designed to bypass the friction of traditional crypto-trading environments. The app targets users in Latin America, Africa, South Asia, and the Middle East, offering up to 10% APY on USDG stablecoin balances. For a market currently navigating a $313 billion stablecoin landscape, the move signals a shift from speculative trading toward the commoditization of dollar-denominated savings in emerging economies where local currency volatility remains a persistent tax on wealth.
The mechanics of the product are straightforward, at least on the surface. Users can deposit USDG, USDC, or USDT, with the headline 10% APY applied to USDG balances. Unlike traditional decentralized finance protocols that often require staking or lockup periods, OKX Money promises weekly payouts without such constraints. The app also integrates virtual and physical cards, featuring zero FX markup and a five-tier loyalty program offering up to 10% cashback. However, the product is strictly offshore; it is not available in the United States at launch, positioning it as a direct play for regions where the Global Dollar Network (GDN) consortium – which includes heavyweights like Paxos, Kraken, and Robinhood – seeks to establish a dominant footprint.
This launch completes what can be described as a three-layer stablecoin stack. The first layer is institutional funding, evidenced by the recent $25 billion pre-money valuation round involving backers like Circle, Ripple, and Standard Chartered SC Ventures. The second layer involves the tokenization of traditional assets, specifically the joint venture between OKX and ICE to tokenize 63 US stocks. The third layer is the retail savings product, OKX Money. By connecting these layers, the firm is attempting to build a closed-loop ecosystem where institutional capital supports the infrastructure, tokenized equities provide the yield-bearing assets, and retail users provide the liquidity and distribution network for stablecoins like USDG.
The 10% APY figure, however, introduces a notable tension regarding transparency. While the product is marketed as a high-yield savings vehicle, the source of this return remains undisclosed. For context, standard rewards on the OKX Grow platform typically range between 3.5% and 4.1%. A gap of nearly 600 basis points suggests that the 10% rate is likely a subsidized market-entry strategy rather than a reflection of organic reserve revenue. While the GDN revenue model distributes reserve earnings to partners based on minting and custody activity, such mechanisms rarely support double-digit yields without significant external capital injection. OKX has not publicly clarified how it sustains these payouts, leaving observers to weigh the benefits of the yield against the inherent opacity of the incentive structure.
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The regulatory implications of this rollout are as complex as the product itself. USDG is issued by Paxos, with oversight from the Monetary Authority of Singapore and compliance with the European Union’s MiCA framework. By targeting emerging markets, OKX is navigating a patchwork of regulatory environments where stablecoin adoption is often a necessity rather than a choice. This strategy mirrors the broader industry trend of seeking growth outside of the increasingly scrutinized US market. The recent withdrawal of FinCEN’s proposed self-custody reporting rules provides a temporary tailwind for such initiatives, yet the long-term viability of these offshore-only products depends on the evolving stance of local regulators in the target regions.
The timing of the OKX Money launch aligns with a broader acceleration in settlement technology. The recent launch of the Solana DvP standard, which reduces settlement finality from T+2 to approximately 400 milliseconds, underscores the industry’s push toward atomic, real-time finance. When combined with the tokenized equity filings and the institutional funding rounds, the picture becomes clear: the goal is to replace legacy settlement layers with a high-speed, stablecoin-native infrastructure. Whether this stack can achieve mass adoption in emerging markets depends on whether the 10% yield is a sustainable incentive or merely a temporary lure to capture market share from competitors like the OpenUSD consortium or the Qivalis banking group.
Ultimately, OKX Money represents a calculated bet on the convergence of institutional finance and retail utility. By decoupling the savings product from the exchange, the firm is attempting to lower the barrier to entry for users who want the benefits of a dollar-denominated account without the complexity of a professional trading terminal. The success of this model will not be measured by the initial influx of capital, but by the durability of the ecosystem once the promotional yields inevitably normalize. For now, the project serves as a case study in how global platforms are leveraging stablecoin stacks to bypass traditional banking bottlenecks, effectively turning the retail user into the final node of a global, tokenized financial network.
CRYPTO
Biztoc.com
08 Oct 2026 · 15:46
Hong Kong Will License Crypto Brokers, Custodians and Advisers. Is It Overtaking the US as the Regulated Market?
The post Hong Kong Will License Crypto Brokers, Custodians and Advisers. Is It Overtaking the US as the Regulated Market? appeared first on 24/7 Wall St.. Hong Kong will require a license for every …
The post Hong Kong Will License Crypto Brokers, Custodians and Advisers. Is It Overtaking the US as the Regulated Market? appeared first on 24/7 Wall St..
Hong Kong will require a license for every business that trades, holds, advises on, or manages cryptocur… The post Hong Kong Will License Crypto Brokers, Custodians and Advisers. Is It Overtaking the US as the Regulated Market? appeared first on 24/7 Wall St..Hong Kong will require a license for every bu…
CRYPTO
Cointelegraph
08 Oct 2026 · 15:46
Crypto liquidations hit $550M as Bitcoin price dips below $84K
Bitcoin fell 2.3% in two hours amid suspicion over the appearance of leveraged BTC short positions on Hyperliquid. Bitcoin (BTC) dipped below $84,000 on Wednesday as flash downside liquidated over $500 million in crypto …
Bitcoin fell 2.3% in two hours amid suspicion over the appearance of leveraged BTC short positions on Hyperliquid.
Bitcoin (BTC) dipped below $84,000 on Wednesday as flash downside liquidated over $500 million in crypto long positions.
Key points:
Bitcoin briefly dropped to $83,560 but held support at its 21-day moving average, which currently stands at $83,850.
Analysis flagged 40x-leveraged BTC shorts on Hyperliquid appearing immediately before the downside ensued.
Analysis by Rekt Capital viewed a daily or three-day close above $86,700 as necessary to confirm upside continuation.
Hyperliquid shorts in focus after BTC price drop
Data from TradingView showed BTC/USD falling up to 2.3% over two hourly candles before returning to circle $84,000 at the time of writing.
BTC/USD one-hour chart. Source: Cointelegraph/TradingView
The move came after overhead ask liquidity thickened on exchange order books, keeping spot price from rising past $86,500 on Tuesday. Cumulative 24-hour crypto long liquidations hit $550 million, per data from CoinGlass.
BTC/USD vs. crypto liquidations (screenshot). Source: CoinGlass
Just before the overnight drop, four wallets used stablecoin USD Coin (USDC) to open shorts on 148.49 BTC with 40x leverage on Hyperliquid, onchain data from Lookonchain and others reveals.
After the long position flush, open interest (OI) immediately began to rebound across the 21 exchanges tracked by CoinGlass — potentially a sign that traders were comfortable with increasing BTC exposure at the local lows. OI increased from around $54.2 billion to $55.3 billion over six hours between 4 a.m. and 10 a.m. UTC.
BTC exchange OI data (screenshot). Source: CoinGlass
Bitcoin preserves nearby support levels
Despite trading 1.8% lower on the day, Bitcoin preserved nearby support in the form of its 21-day simple moving average (SMA) near $83,850. Previously, Cointelegraph reported that this level forms a line in the sand for bulls on low time frames.
Related: Binance BTC outflows hit highest since mid-2023 as whales deposit stablecoins
Below this trend line, $82,500 remains as a decisive area for Bitcoin’s broader uptrend. It forms a key level as part of an inverse head-and-shoulders reversal pattern, which is still playing out on the weekly chart. Price last visited the level on Sept. 28.
In his latest market commentary, trader and analyst Rekt Capital explained that a daily candle close above $86,700 would be required to maintain a bullish setup.
“At the moment, Bitcoin is lacking that lower timeframe confirmation relative to this key level for continuation,” he told X followers on Tuesday.
BTC/USD one-week chart. Source: Rekt Capital on X.com
CRYPTO
Crypto Briefing
08 Oct 2026 · 15:46
Dunamu and Naver Financial delay stock-swap deal to March 2027
The Upbit operator's planned merger into Naver Financial has been pushed back for a third time as regulatory reviews drag on. Naver Financial has pushed back its planned acquisition of Dunamu through a comprehensive …
The Upbit operator's planned merger into Naver Financial has been pushed back for a third time as regulatory reviews drag on.
Naver Financial has pushed back its planned acquisition of Dunamu through a comprehensive stock exchange to March 31, 2027, extending the transaction for a third time from its original June 2026 schedule.
Dunamu said its general shareholders’ meeting will now be held on Feb. 26, 2027, rather than Nov. 19. The stock exchange is now expected to be completed next year.
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The companies originally set June 30 as the completion date before pushing it back to Sept. 30 and then Dec. 31. Naver Financial announced in November 2025 that it would acquire Dunamu as a wholly owned subsidiary by exchanging shares with Dunamu shareholders. The transaction would strengthen Naver Financial’s digital asset business and provide a future source of growth.
The deal still requires regulatory approvals, including Fair Trade Commission clearance of the merger, approval of the change in Naver Financial’s major shareholder and notification and acceptance of the corresponding change at Dunamu. The FTC’s review remains pending.
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Dunamu said the latest schedule was pushed back after considering the progress of the procedures needed to complete the transaction, citing its large scale and unusual structure.
The delay has also clouded the timing of Naver Financial’s IPO. Naver Financial has said it intends to list its shares after the stock exchange is completed, but has yet to establish a specific date or a detailed listing plan.
CRYPTO
Biztoc.com
08 Oct 2026 · 15:46
Fully Valued Following Its Q3 Digital Asset Gain?
just put a huge number on the board. Management now pegs its third quarter gain on digital assets at about US$20.91b, alongside fresh Bitcoin buying and sizeable preferred stock repurchases. That backdrop has fed …
just put a huge number on the board. Management now pegs its third quarter gain on digital assets at about US$20.91b, alongside fresh Bitcoin buying and sizeable preferred stock repurchases.
That backdrop has fed into a sharp swing in sentiment around Strateg… just put a huge number on the board. Management now pegs its third quarter gain on digital assets at about US$20.91b, alongside fresh Bitcoin buying and sizeable preferred stock repurchases.That back…