Illegal crypto turnover up 162%, BitChat surges in Iran amid protests, Trump rules out pardoning SBF

Federal Reserve Chair says DOJ pressured him and blames Trump
The head of the U.S. Federal Reserve said he faced pressure from the Department of Justice and accused Donald Trump of attempting to influence monetary policy, highlighting tensions between politics and central banking.
Meta secures up to 6.6 GW of nuclear power for AI infrastructure
Meta announced long-term agreements to secure up to 6.6 gigawatts of nuclear energy to power data centers and AI infrastructure, aiming to ensure stable and low-carbon energy for compute-heavy workloads.
Illegal crypto asset turnover surged 162% year-on-year
New data shows that the annual volume of illicit crypto transactions rose by 162%. Analysts link the growth to increased P2P activity and regulatory gaps in certain regions.
JPMorgan suggests crypto market sell-off may be ending
JPMorgan analysts say the prolonged crypto sell-off could be nearing its end, as technical indicators stabilize and institutional interest begins to return.
BitChat downloads surge in Iran amid protests
The decentralized messenger BitChat recorded a 400,000% spike in downloads as protests in Iran drove demand for censorship-resistant communication tools.
Trump rules out pardoning FTX founder
Donald Trump stated publicly that he would not pardon Sam Bankman-Fried, the founder of FTX, putting an end to speculation about possible political intervention.
Expert: up to 80% of Venezuela’s oil revenue flows into USDT
According to industry experts, most of Venezuela’s oil export revenue is converted into the USDT stablecoin due to hyperinflation and capital controls, underscoring the role of stablecoins in emerging economies.