Odaily Planet Daily reports that French semiconductor company Sequans Communications announced on Thursday that it has completed the redemption of all debt related to its Bitcoin treasury, marking its formal exit from the previous cryptocurrency treasury strategy and a refocus on its IoT and cellular semiconductor businesses. The company stated that the debt repayment was primarily achieved by selling approximately 80% of its Bitcoin holdings. Sequans currently holds only 658 BTC and is "completely debt-free." The company stated that it will gradually "monetize" the remaining Bitcoin, but did not specify whether this would involve further sales or on-chain methods such as staking. Sequans CEO Georges Karam stated that this debt cleanup "marks a significant turning point," as the company has strengthened its balance sheet, simplified its capital structure, and will fully focus on its 4G/5G IoT chip business, including applications in smart metering, asset tracking, connected vehicles, and industrial IoT. In retrospect, Sequans launched its Bitcoin treasury strategy in June 2025, planning a large-scale increase in BTC holdings, but subsequently gradually reduced its holdings amid market volatility, ultimately exiting the strategy completely in this cycle. Although the company's stock price rose slightly that day, it has fallen by more than 90% from its peak during the Bitcoin craze. (The Block)

MyToken data monitoring shows that on 【May 28th, 22:49】 (Beijing Time), an address starting with 【0x5b61】 transferred 【82572155.32 USDC】 to an address starting with 【0xa0b8】, with a total value of approximately 【82.62 million】. Real time monitoring of large transfers：https://www.mytokencap.com/large-transfers/

In the past hour, total liquidations across the network reached $46.78 million, with $34.63 million from long positions, with $12.15 million from short positions. BTC liquidation $19.76 million, ETH liquidation $8.64 million.

Odaily Planet Daily reports that Futu Holdings held its Q1 2026 results briefing today, disclosing that its total brokerage transaction volume reached HK$4.15 trillion, a year-on-year increase of 29% and a quarter-on-quarter increase of 4%, with US stock trading volume reaching HK$3 trillion. As of the end of Q1, the company's assets under management reached HK$1784 trillion, a year-on-year increase of 28%. Company executives stated that the company maintained a market share of over 50% for its Hong Kong local clientele. In overseas markets, its independent brand moomoo recorded high year-on-year revenue growth, including over 100% growth in five countries: Japan, Canada, Australia, the United States, and Malaysia. The company has over 2 million clients with assets under management, with an average AUM of approximately US$18,000 per client. (Jinshi) Previously, it was reported that the China Securities Regulatory Commission (CSRC) has initiated an investigation into Tiger Brokers (NZ) Limited, Futu Securities International (Hong Kong) Limited, and Changqiao Securities (Hong Kong) Limited for illegal securities business operations in China and has issued prior notices of administrative penalties.

Odaily Planet Daily reports that the Trump Accounts app launched on major app stores across the United States on Thursday. U.S. Treasury Secretary Bessenter stated in a press release, "The Trump Administration has taken another step in expanding opportunities for American families. The Trump Accounts app provides families with a simple, secure way to participate from the outset in a program designed to build long-term financial strength." According to a Treasury spokesperson cited by CNBC, the app was developed in partnership with Bank of New York Mellon and Robinhood Markets. Starting in July, parents or guardians will be able to fund new Trump Accounts (also known as 530A accounts). Parents must first fill out a form on the Trump Accounts website to open an account for their child. While all U.S. children under 18 with a Social Security number can register, only children born between 2025 and 2028 will receive a $1,000 start-up fund from the Treasury Department. (CNN)