Hong Kong stocks opened lower and continued to decline on May 28, with the Hang Seng Index falling below the 25,000 mark. According to Jin10, the Hang Seng Index closed down 2.29% at 24,748.65 points, while the Technology Index fell 1.49% to 4,834.22 points. In the market, the semiconductor sector showed some recovery, but technology stocks remained weak. The non-ferrous metals and innovative drug sectors also declined. Among individual stocks, Hua Hong Semiconductor (01347.HK) rose over 11%, NIO-SW (09866.HK) increased by 5.56%, and both SMIC (00981.HK) and XPeng Group (09868.HK) gained over 3.6%. Pop Mart (09992.HK) also rose more than 3%. On the downside, Kingsoft Cloud (03896.HK) fell over 8%, Meituan (03690.HK) dropped 6.7%, and both SenseTime (00020.HK) and Kingdee International (00268.HK) declined over 5%. Additionally, Baidu (09888.HK), Bilibili (09626.HK), JD.com (09618.HK), and Alibaba (09988.HK) all fell more than 3%.

Aster has announced the listing of BTC/U and ETH/U perpetual futures, denominated in U, a stablecoin pegged to the dollar from United Stables. According to NS3.AI, this marks the first listing approved through Aster's validator-based voting system, highlighting a new approach to decision-making within the platform.

The USD/JPY exchange rate has reached 159.65, marking its highest level since April 30. According to ChainCatcher, this development highlights the ongoing fluctuations in the currency market.

Chris Burniske, a partner at Placeholder, expressed his views on social media, stating that he does not foresee a new paradigm where mainstream crypto assets are rotated out in favor of a few emerging projects that can sustain long-term growth against market trends. According to Foresight News, Burniske emphasized that mainstream cryptocurrencies are currently sending significant signals to the market, although some investors are seeking reasons to overlook these indicators.

According to the announcement from Binance, the platform is celebrating the listing of Genius Terminal (GENIUS) and OpenGradient (OPG) tokens by offering a special promotion through Binance Simple Earn. During the promotion period, users can subscribe to GENIUS and OPG Locked Products and enjoy an exclusive 200% Annual Percentage Rate (APR) for seven days. The promotion runs from 2026-05-28 00:00:00 (UTC) to 2026-06-11 23:59:59 (UTC). Eligible users can participate by completing identity verification and meeting specific criteria. These include holding over $50 equivalent across Simple Earn Products or achieving a minimum spot trading volume of $50 equivalent during the promotion period. The subscription format is on a first-come, first-served basis, with rewards distributed daily to users' Spot Accounts starting two days after subscription. The APR rewards are calculated based on the subscription amount, APR, and locked period, with specific minimum and maximum subscription limits applied. The Simple Earn Locked Product Special Offers include a duration of seven days with a 200% APR for both GENIUS and OPG tokens. Users can subscribe to a minimum of 1 GENIUS or 1 OPG, with maximum limits set at 1,000 GENIUS and 2,000 OPG per user, respectively. The total subscription limit for all users is capped at 3.5 million GENIUS and 4.5 million OPG. Binance emphasizes that the promotional APR is partly sponsored through a partnership with the token partner, allowing for competitive rates for users. The platform reserves the right to amend or cancel the promotion at any time without prior notice.

On May 28, a market downturn resulted in significant liquidations, according to BlockBeats On-chain Detection. The address known as 'Machi' Huang Licheng faced liquidation of 3,520 ETH, nearly depleting the account. The primary impact of this downturn was felt in BTC long positions. Two high-leverage addresses suffered substantial losses, surpassing those of 'Machi.' The address 0xaea experienced two liquidations, resulting in the closure of 208 BTC long positions, marking the largest single liquidation on the network. The losses amounted to approximately $270,000. Another address, 0x76d, manually closed positions four times before reaching the liquidation price, resulting in the closure of 497 BTC long positions, with losses around $460,000.

Michele Spagnuolo, a 36-year-old Google software engineer, is accused of using undisclosed internal Google data to conduct large-scale transactions on the cryptocurrency prediction market Polymarket, ultimately profiting approximately $1.2 million.

Spain's Directorate General for the Regulation of Gambling (DGOJ), under the Ministry of Consumer Affairs, has instructed internet service providers to temporarily block access to prediction market platforms Polymarket and Kalshi. According to Odaily, the regulatory body believes these platforms may be violating local gambling laws by offering prediction trading products based on future events without obtaining a Spanish gambling license. Spanish authorities have expressed concerns over the lack of necessary consumer protection measures, such as identity verification, protection for minors, and self-restriction mechanisms, on unlicensed platforms. The investigation into these platforms is expected to last three to four months. During this period, Spanish users attempting to access these websites will receive risk warnings. The regulatory body may consider further actions, including fines, permanent restrictions, or requiring the platforms to apply for a local license.

At Meta's 2026 annual shareholder meeting, Zuckerberg spent most of the time explaining his AI strategy. He divided the opportunities into four directions: using AI to improve core applications and advertising, creating personal AI agents, creating business AI agents, and creating AI hardware.

China may have stated its strong stance against cryptocurrency in previous years, but the country's high court is now reportedly preparing a new legal framework that will help the country ease crypto-related disputes as digital assets become increasingly difficult for the authorities to ignore.

A former senior CIA official was arrested after FBI agents allegedly found more than $40 million worth of gold bars, $2 million in cash and luxury watches inside his Virginia home. Investigators say David Rush falsely claimed military and academic qualifications for years while secretly taking government funds meant for work-related expenses.

Grayscale's latest research report points out that Hyperliquid is a phenomenal benchmark in the current digital asset industry. As a DeFi platform, it has fully demonstrated the potential for the application of blockchain technology to the industry.

On Wednesday, Trump explicitly rejected a draft agreement revealed by Iranian media that proposed Iran and Oman jointly manage shipping in the Strait of Hormuz in exchange for the withdrawal of U.S. troops, and warned Oman that if it did not follow the rules, "we'll blow them up."

From Grok's "Spicy Mode" to its orbital AI data center, SpaceX has essentially created a "map of cutting-edge AI regulatory risks" for the entire industry.

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse at 8 AM," issue 3070, providing you with the latest and fastest news on the digital currency and blockchain industry.

Starting with the recent surge in ZEC, this article provides an in-depth analysis of the underlying logic behind the return of the privacy sector to the forefront, and reviews ZEC and representative projects.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse industry.