Got some very detailed help from the support with lot of advice smile (lot of windows related configuration, monitor refresh rate settings, fps cap, reinstall games, dxdiag log sending etc.) and it turned out the newest AMD driver was the root cause of the issue, here is how i fixed it, it might help someone else too:
* amdcleanuputility.exe , this little fella will restart your pc in safe mode and remove every AMD related drivers/software from your PC, carefull it removes even the motherboard's chipset driver :P
* restart again back to normal mode
* reinstall chipset and an older version of the AMD GPU driver, i've used this one: AMD Windows Driver Version 30.0.15021.1001 (from 2022. march 31.)

and the game menu works again with ultra settings capping the temp of the GPU around 60-65 celsius degree.