Trump: The U.S. dollar is very strong and will not cause inflation.

According to Bitget market data, Japanese and South Korean stock markets opened lower: The Nikkei 225 index opened down 36.29 points, a 0.05% drop, to 70647.69 points. South Korea’s KOSPI index opened down 79.83 points, a 1.15% fall, to 6861.56 points, with SK Hynix down 2% and Samsung Electronics down 1%.

According to a report by the Financial Times, Hyperliquid Labs has confirmed its headquarters is located in Singapore, with company filings listing Singapore as its registered headquarters and recent job postings also showing it maintains an office in the city-state. However, the Monetary Authority of Singapore (MAS) previously did not consider Hyperliquid to fall under its regulatory purview. Sources familiar with the matter said MAS views Hyperliquid as having a "decentralized" nature, thus excluding the firm from Singapore’s regulatory scope. MAS also stated it is "unaware of Hyperliquid being regulated by any major jurisdiction". Hyperliquid is known for its high-leverage perpetual contract trading, with its products allowing users to trade price fluctuations of assets including cryptocurrencies, oil, and stocks. Hyperliquid Labs added that Hyperliquid is currently unregulated and has never claimed to hold a license or authorization from MAS.

According to foreign media reports citing insiders, Apple (AAPL.O) plans to launch smart home devices including video doorbells and thermostats, and is collaborating with LG Electronics to develop related accessories. These products will integrate into an upgraded version of Apple’s HomePod mini and the new Apple TV set-top box to form a smart home ecosystem. Apple is expected to release these new products on October 13. The products co-developed with South Korea’s LG will also include smart door locks and security cameras. Although the two companies developed these accessories together, the products will carry the LG brand. LG will be responsible for production and product support. Through such collaboration arrangements with so-called "second-party suppliers", Apple can rapidly expand its ecosystem without shouldering the full costs and complexity associated with manufacturing and supporting various accessories.

SpaceX, Elon Musk’s aerospace firm, is seeking to raise around $40 billion in funding, led by Apollo Global Management, to purchase Nvidia chips and further expand its AI investments. Sources familiar with the matter said the financing package includes roughly $10 billion in bank loans and $30 billion in investment-grade debt, with the round expected to be completed in 2027. Institutions including Pimco are also participating in related financing discussions. SpaceX currently holds a BBB credit rating, the second-lowest investment-grade classification, meaning its bonds are eligible for purchase by institutional investors such as insurance companies and pension funds. This financing will further strengthen SpaceX’s partnership with Nvidia. Musk previously stated that SpaceX has decided to exclusively use Nvidia technology, and considers its Vera Rubin architecture the best AI computing architecture available today. The financing plan also underscores that AI data centers, chips, and related infrastructure development are attracting massive financing demands. Prior to this, SpaceX obtained an investment-grade rating after its June IPO, and subsequently issued $25 billion in senior bonds. However, its bond prices have since declined due to concerns over rising debt levels and increased capital expenditures.

According to market data from BIT (bit.com), US stocks closed on Tuesday: the Dow Jones Industrial Average initially rose 0.49%, the S&P 500 gained 0.58%, and the Nasdaq increased 0.45%, with the latter two hitting new closing highs. The storage sector saw broad declines: Micron fell 1.73%, SanDisk dropped 2.56%, Seagate Technology slid 9%, Western Digital decreased nearly 7%, and SK Hynix (SKHY.O) fell over 6%. For crypto-related stocks, MSTR rose 0.07%, CRCL gained 1.03%, COIN dropped 1.32%, SBET fell 0.94%, BMNR declined 2.19%, and HOOD slid 1.85%.

Ethereum L2 network Abstract announced that after nearly three years of operation, it will gradually shut down Abstract Chain, with on-chain services set to cease on December 15, 2026. Users can migrate their assets to other blockchains via the Migration Hub or native bridge, with the native bridge requiring an estimated wait time of roughly 3 hours. The official has reminded that assets not migrated by the deadline will become inaccessible. Abstract noted that its ecosystem saw significant growth over the past 18 months: its Portal became a leading platform for on-chain product discovery and distribution, while the Abstract Global Wallet (AGW) emerged as a widely adopted smart contract wallet in the crypto sector. The project has deployed over 144 applications, attracted global brands including Red Bull Racing and Disney, and accumulated more than 400,000 total users. However, Abstract explained that amid shifting industry conditions, its single public blockchain model focused on consumer crypto ultimately proved unsustainable. Growth was constrained by factors including a limited DeFi ecosystem, insufficient on-chain liquidity, low institutional participation, and tighter budget constraints relative to competitors. The team spent the past 12 months exploring new product-market fit, but ultimately concluded that continuing to allocate resources to maintain an operationally unsustainable, non-scaling public chain is not the optimal path—hence the decision to shut down the network. The official advises users to complete asset migration as early as possible, and warns against fake migration websites and direct messages impersonating the team, urging users to verify migration links exclusively through official channels.