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MetaMask has rolled out an integration with Hyperliquid that allows perpetual futures trading directly within its wallet, marking a major expansion beyond its core custodial functionality. The launch went live today in selected jurisdictions, enabling users to take leveraged positions without leaving the application’s interface.

This move transforms MetaMask from a simple wallet to a more comprehensive on-chain trading hub. By embedding Hyperliquid’s perpetuals engine natively, MetaMask removes several intermediate steps that historically deter adoption—such as requiring users to traverse to external exchanges, cross chains, or cover multiple transaction fees. According to MetaMask’s global product lead, Gal Eldar, the integration “offers a frictionless path for passive holders to become active traders.” The wallet’s new “one-tap” experience is optimised for mobile usage, lowering barriers to entry.

Hyperliquid, a decentralised derivatives platform built with its own Layer 1 infrastructure, claims to support gas-free settlement and performance at scale. The platform processes tens of billions in trading volume, placing it among the leading names in on-chain perpetual markets. Hyperliquid’s architecture, with reported throughput exceeding 200,000 orders per second, underpins the performance demands of integrating derivatives directly inside a wallet.

MetaMask’s entry into this domain arrives amid sharp growth in decentralized perpetuals. In September, the total trading volume across decentralised perpetual platforms exceeded $700 billion, spurred by trader demand for leverage, 24/7 markets, and non-custodial exposure. Hyperliquid is a consistent high performer, with some estimates attributing to it a majority share of decentralised perpetual activity.

The new feature supports USDC deposits from any Ethereum Virtual Machine-compatible chain, and trades can be initiated with a single tap. The integration includes slippage checks, fee previews, and confirmation flows meant to shield users from common UX pitfalls. MetaMask’s team emphasises that the wallet retains self-custody at all stages, with users retaining control over private keys.

Critics caution that embedding leverage within a wallet may amplify risks for inexperienced users. Rapid liquidation, sharp market swings, and elevated margin requirements could expose users to sudden losses. To mitigate this, MetaMask is integrating risk-control measures and permission checks, though the success of those mechanisms will be closely watched by the community.

MetaMask’s expansion aligns with its broader roadmap. Earlier in the year, it unveiled a Mastercard-powered card feature, enabling spending directly from self-custodial wallets. It has also signalled intent to launch its native token, MASK, and is refining a loyalty rewards engine tied to on-chain activity. Those ancillary products may dovetail with its perpetuals integration, potentially weaving them into loyalty tiers, discounts, or governance models.

The decision pits MetaMask more directly against both centralised and decentralised exchanges. Centralised venues such as Binance and Bybit continue to dominate derivatives in terms of volume; however, their users must trust custody and counterparty risk. MetaMask’s proposition is differentiated by offering derivatives inside a wallet, combining convenience with self-custody.

Edgecore Networks will reveal its latest open infrastructure solutions at the OCP Global Summit in San Jose and GITEX Global in Dubai, with demonstrations of next-generation AI, networking, and compute platforms designed to ease deployment and boost performance.

The Taiwanese firm plans four flagship showcases: new Tomahawk 6–based data centre switches, a proof-of-concept for co-packaged optics, its Nexvec™ turnkey AI solution, and an upgraded Nous infrastructure controller offering composable compute management. The exhibitions will take place during the week of 13 October: at the OCP Summit from 13–16 October and at GITEX from 13–17 October.

Edgecore emphasises that the Tomahawk 6 switches can deliver more than 100 Tbps of bandwidth, supporting AI cluster demands with low latency and high density. The company adds that its CPO concept demonstrates integration of optical elements directly into switch silicon, reducing power and footprint. Its Nexvec™ offering is a pre-validated stack combining open networking with GPU compute, while Nous enables dynamic allocation of GPU, memory and compute resources.

Mingshou Liu, President of Edgecore, is quoted as saying that as AI workloads accelerate, simplifying deployment is crucial, and that the firm seeks to lead in the open infrastructure community with turnkey and scalable offerings.

Edgecore’s push comes at a time when hyperscale data centre operators are under pressure to manage burgeoning AI compute demands without ballooning costs or power draws. Industry trends point to co-packaged optics, disaggregated architectures, and composable resource frameworks as priorities for the next wave of infrastructure evolution. At the OCP Summit, the AI HW/SW co-design and open systems tracks will explore modular compute, memory architectures and photonic interconnects for AI clusters.

In parallel, GITEX Global has become a high-stakes stage for showcasing AI infrastructure, especially in the UAE’s drive to scale AI capabilities and attract global tech investment. With over 45 editions, the event draws global vendors and governments presenting AI, semiconductors, networking, and startup innovation. Edgecore’s presence signals its intention to engage key markets in the Middle East, where data centre growth, AI deployment, and regional cloud expansion are strong levers.

Edgecore is not alone in spotlighting AI infrastructure at these events. Major networking suppliers, chip vendors, and cloud players are expected to present competing solutions, particularly around optical integration, disaggregation, and hardware-software co-design. Observers will closely track how well Edgecore’s offerings stack up in power efficiency, interoperability, and ease of deployment.

Within its broader strategic frame, Edgecore continues to emphasise open, standards-based infrastructure. Its public messaging highlights disaggregated networking, composable compute, and software-defined manageability. The timing of product demonstrations at both OCP and GITEX gives the company a dual audience of deeply technical integrators and regional enterprise buyers.

At the OCP Summit, Edgecore’s participation also coincides with evolving community priorities—AI, sustainability, modular compute, and photonics interconnect are central tracks. During the event, Edgecore’s representative Tim Zhou will present on simplifying large-scale “agentic AI” deployments in a session scheduled for 16 October.][5])

A dramatic wave of forced liquidations has swept the crypto derivatives market, with around $160 million in long positions closed automatically in just 60 minutes. The event underscores the fragility of leverage-driven trading in volatile markets.

Data from major derivatives platforms points to sudden upward swings in key assets—chiefly Bitcoin and Ethereum—as the trigger. When prices move sharply against leveraged long positions, margin protocols step in to liquidate them to prevent further losses, compounding price moves in the process.

According to platform-level monitors, the lion’s share of the liquidation volume was concentrated in large longs on Bitcoin, with estimates suggesting individual trades as big as $8–10 million being liquidated in one go. Ethereum longs also saw heavy hits, as speculators betting on further upside were forced out. Metrics such as open interest and funding rate imbalances spiked just before the cascade, signalling a regime shift in market sentiment.

Insiders point to a cluster of cascading margin calls amplified by tight funding conditions. Some hedge funds and high-leverage retail positions lacked sufficient buffers against rapid price swings. As each liquidation pushes prices further, it creates a feedback loop that forces more delinquencies. Traders on social media flagged what they called “liquidation cascades” targeting illiquid zones and stop-loss clusters—areas where multiple orders are programmed to execute in close proximity.

Several trading desks observed that for every $1 million in liquidation, the price impact was amplified by slippage and widened spreads, particularly on derivatives contracts with low depth. One senior derivatives strategist remarked that the aggressiveness and sudden clustering of these liquidations suggest algorithmic triggers—bots scanning for vulnerable clusters and executing en masse.

The timing aligned with fresh macro data that hinted at stronger-than-expected economic indicators, which lifted risk appetite broadly and boosted crypto flows. Simultaneously, institutional participants monitored rising retail inflow indicators—such as large deposits moving on-chain into exchanges—which can foretell directional stress. With leverage high and positions tightly wound, the market was primed for this flush.

This is not the first time such mass liquidations have occurred. In mid-September, more than $149 million of crypto positions were liquidated within an hour, nearly all from longs, with a top single order of $9 million on a leading platform. That event and the current one both reflect how fragile leveraged markets are when macro sentiment shifts sharply.

Market watchers are parsing whether this is a short-term squeeze preparatory move or part of a deeper regime change. Some argue it clears out weak hands and sets the stage for fresh momentum. Others warn that forced liquidations may just be the start of a larger reversal, as residual leverage and alignment of hedge-fund strategies make markets prone to repeat stress.

On-chain and order-book signals are under scrutiny. Rising Token flows from wallets to exchanges, shifts in funding curves, and concentrated seller clustering in spot markets might shape the near-term path. Some algorithms already have “sniffers” for these stress events built in; in days following a liquidation cascade, trading volumes and volatility tend to stay elevated.

Logitech will unveil a range of AI-enabled collaboration tools at GITEX Global 2025 in Dubai from 13 to 17 October, aiming to show how hardware and software can merge to support hybrid and human-centred work environments.

Under its “AI-Enabled Collaboration” theme, the company plans live demonstrations of its next-generation video conferencing, audio, and workspace peripherals. These products are designed to deliver equitable meeting experiences, seamless plug-and-play deployment, and sustainability throughout the product lifecycle.

Murad Ali, Head of GCC for Logitech for Business, says GITEX offers a stage to highlight innovations in “smart collaboration” that address evolving work trends in the Middle East, and that the company is committed to sustainable design practices. Logitech will host customers and partners at its Hall 3-C30 booth to showcase these developments.

A key highlight is the Rally Board 65, an all-in-one mobile conferencing device tailored to simplify complex meetings. The system combines a 65-inch touchscreen with built-in AI features such as RightSight 2 auto-framing, Depth Blur to reduce visual distractions, and sensors that measure occupancy and room health parameters. When unused, it can automatically shift into a lower power state to conserve energy—part of Logitech’s drive to embed sustainability into its hardware.

Logitech’s approach is underscored by statements from Moninder Jain, VP & Head of Global Emerging Markets. He notes that Logitech views AI not merely as a productivity tool, but as a means to deliver “more equitable collaboration experiences.” According to him, AI is embedded in features that equalise participation between in-room and remote contributors, including consistent audio/video quality, auto framing, and cloud-based device management that lets users carry settings across devices.

In recent months, Logitech has pushed AI integration further across its product lines. It has expanded its portfolio of Intel Evo-verified peripherals, reinforcing its strategy to support high-performance, low-latency user experiences. The company continues to evolve its Rally and video bar offerings, embedding AI to enhance meeting dynamics and reduce friction for IT teams managing hybrid environments.

Logitech’s sustainability credentials also receive attention in its corporate activities. The company’s “Future Positive” programme continues to support innovation in circular design. Past initiatives include collaborations on AI-powered e-waste recycling bins and exploration of alternative magnet materials to reduce reliance on rare earth elements.

OpenAI chief executive Sam Altman is leading a high-stakes campaign across East Asia and the Middle East to secure investment and bolster chip supply for the company’s AI infrastructure push. He has held talks since late September in Taiwan, South Korea and Japan with leading hardware suppliers to prioritise OpenAI’s orders and expand capacity.

Altman has met with Taiwan Semiconductor Manufacturing Company and Foxconn, as well as Samsung and SK Hynix, pressing them to accelerate production and give OpenAI preferential access. In South Korea, Samsung and SK Hynix have signed letters of intent to supply memory chips for OpenAI’s data centres. Meanwhile, OpenAI plans further fundraising discussions in the United Arab Emirates.

The urgency of Altman’s mission reflects the intensifying global competition for advanced computing resources. OpenAI projects it will spend around US$16 billion this year on renting computing servers, with long-term forecasts stretching to US$400 billion by 2029 as AI models grow ever more complex.

Industry analysts note that the semiconductor supply chain remains highly constrained. TSMC dominates GPU chip production, and memory manufacturing is largely concentrated in East Asia, creating significant strategic leverage for the manufacturers approached by Altman.

As part of his tour, Altman is also pressing Japanese firms to contribute to infrastructure support. Hitachi has entered discussions to provide power transmission and distribution systems for OpenAI’s data centres, while sharing technical resources under joint development agreements.

Sources familiar with the process say Altman pushed for direct prioritisation in chip delivery schedules, asking that OpenAI receive top-tier production slots. In some cases, he proposed co-investment or co-development of next-generation AI hardware to bind partner incentives more closely.

In South Korea, early architecture proposals include planned data centres of 20 megawatts in collaboration with Samsung and SK Hynix. Altman is reportedly exploring “floating” data centre designs to manage land constraints and cooling demands.

The UAE leg of his mission is expected to involve negotiations with sovereign investment firms such as MGX and Mubadala, with the aim of funding both OpenAI’s expansion and joint infrastructure ventures in the region. In past rounds, UAE investors have already taken part in funding OpenAI operations.

Challenges remain significant. The sheer scale of chips and memory required for stacked AI model training is pushing the boundaries of global wafer fabrication capacity. Market watchers point to the high capital expenditure and long lead times in the semiconductor industry as obstacles to rapid scaling. Some of Altman’s proposals—for example, co-development of bespoke ASICs—are still in preliminary stages and face technical risk.

OpenAI’s valuation and investor backing give the company leverage. Earlier this year, it closed deals that valued it at about US$500 billion, with new capital injections from investors including SoftBank and UAE entities. Those moves have fortified its position in negotiating upstream deals with manufacturers.

By K Raveendran It was a week of contradictions for India’s image on the world stage, marked by a curious interplay of critique, affirmation, and manoeuvring. Rahul Gandhi, in his address at Columbia University, painted a picture of India that was dark and distressing, describing the country’s democratic decline in sweeping terms. At the same […]

The article A Week Marking The Worst And Best For India On Global Stage appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Hamas has announced that it will free the final Israeli hostages taken in its October 2023 assault on Israel, but insisted that other elements of a U. S.-backed 20-point peace plan remain subject to negotiation, leaving the path ahead fraught with uncertainty. President Donald Trump welcomed the announcement, calling for an immediate halt to Israeli bombardment and offering indications that he might allow flexibility on the broader proposal.

Under the deal endorsed by Israel, all hostages—alive and deceased—are to be returned within 72 hours of Israel’s public acceptance, in exchange for the release of around 1,950 Palestinian detainees. The agreement envisages a phased Israeli withdrawal, transfer of Gaza’s administrative functions to apolitical technocrats, and demilitarization of Hamas. But Hamas has declined to commit to disarmament, signalling that parts of the plan will undergo further negotiation.

Trump, in a public message, said Israel “must immediately stop” its bombing of Gaza and asserted that he believed Hamas was “ready for lasting peace.” He also warned that failure to accept the terms by the deadline—Sunday at 6 p. m. Eastern Time—would provoke severe consequences. Israel has given tentative backing to the first phase of the plan, though it maintains reservation about Hamas’s retention of weapons.

Israeli Prime Minister Benjamin Netanyahu has accepted the peace initiative in principle but imposed caveats: Israel’s withdrawal will be partial, and Gaza will remain under strong security oversight. Netanyahu rejected formation of a Palestinian state under this framework, warning that such a move would reward terrorism. He has also suggested that Hamas participants who commit to peaceful transition could be granted amnesty.

Egypt, Qatar and other regional powers are acting as intermediaries to push Hamas toward acceptance. Israeli officials have reportedly reduced ground operations in Gaza City following U. S. pressure, instructing troops to limit activities to defensive operations even as the air campaign continues. Meanwhile, humanitarian groups warn that any ceasefire in name must be accompanied by unimpeded aid delivery and infrastructure repairs.

Some opposition voices in Israel—particularly among far-right coalition partners—view the latest developments as insufficient, demanding continued military pressure. Families of hostages have expressed cautious optimism, although they remain sceptical of open-ended guarantees.

In Hamas’s statement, the group claimed that the hostage release marks a gesture of “good faith,” but stressed that Israel’s withdrawal, guarantees on the safety of Gaza’s population, and the future role of Palestinian governance must be negotiated further. It described disarmament as “off the negotiating table” and refused to accept unconditional terms.

Analysts caution that the hostages’ release, while important, does not resolve deep structural issues: the role of Hamas in governance, security guarantees for Israel, and Gaza’s long-term reconstruction remain unresolved. Regional watchers view the moment as the most significant opening for a potential ceasefire in years—but one that may collapse without strict adherence to implementation timelines and third-party oversight.

International leaders have responded with varying tones. Some support the deal as a rare breakthrough, while others urge caution, calling for clear mechanisms to enforce demilitarization and civilian protections. The United Nations has reiterated its demand for accountability under international law and its role in aid operations.

Markets across the crypto derivatives space are on edge as Bitcoin and Ethereum options worth approximately $4.33 billion enter settlement today, setting the stage for heightened volatility in the near term.

On the Deribit platform, Bitcoin dominates the expiries, with about $3.5 billion notional value scheduled for settlement in roughly 30,200 contracts. Its put-to-call ratio stands at 1.23, suggesting more downside protection bets than bullish wagers. The so-called “max pain” level — the strike price at which the greatest number of contracts expire worthless — is pegged at $114,000, close to current trading levels and potentially acting as a magnet for price movement.

Ethereum’s portion comprises about $806.75 million, across 177,398 contracts, with a put-to-call ratio near 0.99, indicating a more balanced bias among traders. Its max pain is estimated at $4,500, just beneath recent market trading ranges.

Derivatives analysts caution that expiries of this size tend to exert short-term pressure on price behaviour, particularly as market makers and institutional actors roll, hedge or unwind positions ahead of settlement. In many past cycles, price action has gravitated toward max pain levels in the hours leading up to expiry.

Volatility expectations are reinforced by elevated implied volatility in both Bitcoin and Ethereum options markets. Some trading desks point to a compression of liquidity around strike clusters and warn that even modest directional flows may trigger outsized price swings.

Some market strategists argue that Bitcoin’s bearish tilt reflects growing hedging demand after price consolidation above major resistance zones. Meanwhile, Ethereum’s near-neutral PCR hints at structural hedging and profit-taking rather than outright directional bets.

Macro factors could amplify sensitivity. With markets digesting central bank policy signals, inflation indicators and equity market drift, crypto derivatives flows may act as a conduit for correlation shocks. That makes expiry day risk not purely technical but potentially reactive to broader sentiment shifts.

Earlier this month, a near-identical expiry event saw $4.3 billion in options settle, with BTC positioning yielding shortterm downside pressure and ETH holding more firmly near its pricing bands. That expiry foreshadowed a larger $18 billion BTC options expiry scheduled for 26 September, intensifying speculation on whether today’s event will prime momentum.

Market watchers are watching order-book depth near the $114,000 and $4,500 levels, as sharp absorption or rejection there may offer clues to directional bias post-expiry. In the absence of sustained trend breaks, much of the post-settlement period could hinge on whether institutions successfully reestablish exposure rather than exit.

Traders are also navigating strategy choices: rolling forward, closing positions, or rebalancing via delta hedges. The interplay of those flows may create forks in volatility—in which the first few hours post-expiry see directionless chop before a stronger move emerges.