The US stock market evaporated $900 billion in market value today

Drake called for the release of Sam Bankman Fried in his new album, which has been criticized. （Decrypt）

[Jerome H. Powell Appointed as Interim Chair of the Federal Reserve] The Federal Reserve announced that Jerome H. Powell has been appointed as Interim Chair until Kevin M. Warsh is sworn in as the new Chair. This interim appointment is in line with the usual practice during transitions of leadership.

Lombard Finance has abandoned the use of LayerZero and instead adopted Chainlink to manage $1 billion worth of Bitcoin assets. （Decrypt）

The US stock market lost approximately $900 billion in market value today. （Watcher.Guru）

According to US media reports, the Trump administration plans to simplify the permit approval process for oil projects within the Alaska National Petroleum Reserve to boost crude oil production in the Arctic region. The Ministry of the Interior plans to establish a new licensing framework for oil production facilities and related infrastructure, and eligible projects may be approved within 30 days. Companies or beneficiaries holding leases such as ConocoPhillips, Santos, and Repsol, including ConocoPhillips' Willow project. During the Iran War, the Trump administration called on American oil companies to increase production.