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Iranian Foreign Ministry spokesperson Baharqaei stated that, based on 47 years of distrust towards the U.S., it is unrealistic to achieve negotiations and results between Iran and the United States in the short term. The violence by the U.S. and Israel in Gaza and Lebanon proves this point; any mediator would find it difficult to facilitate a quickly reached agreement.

On May 1st, BlockBeats, citing Caixin, reported that Peng Jing, founder of Chongqing Jingsheng Law Firm, is under investigation, suspected to be related to the Hu Henghua and Luo Lin case. The two are accused of accepting bribes and money laundering through stablecoins, with Peng Jing possibly assisting under the guise of legal fees. Lin Kechuang transferred 30.8 million USDT (about 210 million RMB) to Hu Henghua. After Hu was detained, his cold wallet was locked, and further tracked to six other cold wallets of Lin Kechuang, with a transfer of 15.5 million USDT to Luo Lin; after Luo Lin was taken away, his cold wallet at a third party was also seized.

BlockBeats News, May 1st, according to CCTV News reports, on April 30th local time, a senior U.S. government official stated that, based on the War Powers Act, the "hostilities that began on February 28th have ended."

BlockBeats News, May 1 — Tesla updated its report on Thursday, stating that it earned over $500 million in revenue last year by selling products to SpaceX and xAI.

Tesla disclosed in January that its business dealings with xAI amounted to approximately $430.1 million. The updated report on Thursday shows that Tesla received an additional $143.3 million in revenue from SpaceX. (Jin10)

May 1st, the Strait of Hormuz blockade continues, and tensions between the U.S. and Iran escalate.
Iranian officials state that if the U.S. launches another attack, Iran will retaliate with long-term strikes;
the U.S. may push for ground operations to restore shipping.
Approximately 20% of global oil and gas supplies are affected, causing oil prices to rise.
Iran's Supreme Leader announced that he will have absolute control over the strait and warned foreign powers.
The U.S. intends to form a maritime free architecture alliance, while France, the UK, and other countries say they will participate after a ceasefire.

France's Mistral AI releases the 128 billion parameter Mistral Medium 3.5, and introduces Vibe CLI and Le Chat's multi-step AI Agent. SWE-Bench scores 77.6%, but high-priced API raises questions. Leading open-source projects remain Qwen, GLM, and MiMo-V2, with Qwen 3.6 at 27 billion parameters, 72.4%, fully open-source and free. Analysis states that Mistral's value lies in its European identity and GDPR-compliant private deployment, with institutions like HSBC already using it.

The U.S. Senate unanimously passed a new regulation proposed by Bernie Moreno, prohibiting senators and their staff from participating in prediction market speculation targeting event outcomes, effective immediately. Moreno pointed out that lawmakers should not receive a salary while engaging in prediction markets. As the popularity of prediction markets rises, platforms like Polymarket have come under scrutiny due to insider trading and regulatory jurisdiction issues. Polymarket stated support for the legislation and claimed that platform rules already prohibit related activities, and the legislation will further clarify industry boundaries.

BlockBeats reports that EmberCN monitoring shows that Ondo's lead investor Pantera Capital transferred out 83,900,000 ONDO five hours ago, worth approximately $22.11 million, possibly for subsequent sale. The address receiving this batch of ONDO previously received 34,280,000 ONDO from Ondo project's multi-signature address a year ago, valued at about $42.52 million, and was later transferred in batches to Coinbase Prime.

Trump said that even if Powell remains on the Federal Reserve Board after his term as chair ends, he does not care. He said Powell’s term as a board member does not expire until 2028, and that he plans to continue serving during the still-to-be-determined period. At the same time, Kevin Wosh is expected to be approved by the Senate before Powell’s term ends. Trump said he only wants to make sure Wosh takes office in order to push for a reshaping of the Federal Reserve, and that he does not care whether Powell continues to remain in his role.

BlockBeats News, May 1st, Apple (AAPL.O) announced its Q2 fiscal year 2026 earnings report, exceeding Wall Street expectations. Revenue of $111.18 billion, higher than the expected $109.66 billion; net profit of $29.58B; EPS of $2.01, all reaching new highs. The stock price rose over 3% after hours.
Apple CEO Cook announced he will step down in September, to be succeeded by John Ternus. Ternus has led

BlockBeats News, May 1 — The UK Financial Conduct Authority (FCA) has issued new regulations for tokenized funds, allowing funds to use blockchain and distributed ledger technology (DLT) for investor record-keeping and share management within the existing regulatory framework, promoting on-chain asset management.
According to the new regulations, authorized funds can deploy investor registers on public blockchain networks while meeting safety and transparency requirements, and allow fund shares to be issued across multiple blockchains. The FCA also introduces an optional "Direct-to-Fund (D2F)" model, where funds or custodians directly transact with investors to simplify on-chain settlement processes.
The FCA stated that the relevant rules have supported the approval of the first UK UCITS tokenized fund, and will further explore the application of stablecoins, digital cash, and smart contracts in fund settlement, with plans to

BlockBeats News: On May 1, Alphabet’s stock price rose 10% to $384.80. Its market value increased by approximately $4210 billion in a single day, reaching the second-highest level in history. By Thursday’s close, the stock price is up 23% this year, and the market value has grown by more than $8600 billion, reaching $4.65 trillion—close to surpassing NVIDIA as the world’s largest company, whose market value is about $4.85 trillion.

BlockBeats News, May 1st, U.S. President Trump commented on the negotiations with Iran, stating that the United States has significantly weakened Iran's military capabilities. He claimed that about 82% of Iran's drone factories have ceased production, nearly 90% of missile factories have also shut down, and reiterated that the U.S. has "destroyed" Iran's nuclear capabilities.

He also criticized Iran's blockade of the Strait of Hormuz as "incredible," leading Iran to "not receive any revenue from oil." Nevertheless, Trump expressed hope to reach an agreement with Iran as soon as possible and hinted that "only he and a few others know the true situation of the Iran negotiations." U.S. Secretary of State Blinken is actively involved in the related negotiations.

Once the Iran crisis is resolved, Trump expects gasoline prices to fall. This contradicts California Governor Newsom's view—Newsom pointed out that after 61 days of conflict, U.S. gasoline prices have risen.

BlockBeats reports that on May 1st, Trump commented on negotiations with Iran, not ruling out the possibility of continued confrontation. He stated that due to Iran's stubbornness and unclear leadership, there are still multiple issues in the negotiations, and while it is uncertain whether a ceasefire needs to be broken, it may indeed be necessary. Trump also called the blockade of the Strait of Hormuz "incredible" and claimed that the United States has destroyed Iran's nuclear capabilities.

BlockBeats News, on May 1, the U.S. Senate rejected the Democrats’ sixth attempt to limit President Trump’s power to wage war against Iran. As the conflict draws near the critical 60-day deadline, Republicans continue to firmly back the Trump administration.

On Thursday, a procedural vote on a war powers resolution proposed by California Democratic Senator Adam Schiff was rejected, with 47 votes in favor and 50 votes against. The resolution would have instructed the president to withdraw U.S. military forces from hostile actions involving Iran.

The War Powers Resolution of 1973 stipulates that if Congress does not authorize the war, the president must withdraw armed forces after 60 days. The 60-day period begins from the date the president formally notifies Congress. President Trump sent a letter to Congress on March 2 notifying it of hostilities involving Iran, which means the 60 days will end on May 1.

OpenClaw releases v2026.4.29, with memory and messaging systems becoming the core of this update. Memory has been upgraded to a character perception wiki, automatically building character profiles, tracking relationship graphs, and annotating each memory with sources and evidence; Active Memory now supports filtering by conversation ID, and timeout retrievals are no longer discarded. The messaging system adds a promise feature, with heartbeat commitments fulfilled as scheduled, and queuing switched to steer mode to reduce interruptions. Other updates include built-in NVIDIA models, SQLite persistence, OpenGrep security scanning with SARIF upload, faster Windows startup, and Slack fixes for Block Kit limitations.

BlockBeats News, May 1st, according to CME "Federal Reserve Watch" data, the probability of the Federal Reserve cutting interest rates by 25 basis points in June is now 5.1%, while the probability of holding rates steady is 94.9%.

According to Bloomberg, the U.S. Senate Judiciary Committee has bipartisan consensus supporting legislation requiring AI companies like OpenAI and Meta to prevent minors from using AI chatbots in response to public concerns about the rapid spread of technology causing harm to children and teenagers. The bill will mandate strict age verification, prohibit providing AI companionship services to minors, and ban pushing harmful content to minors.

According to Coinglass data, after Bitcoin experienced a slight decline on May 1st, the funding rates on major CEX/DEX platforms still indicate a broadly bearish market.
Funding rates are a mechanism designed to keep the perpetual contract price close to the underlying asset, with a baseline of 0.01%;
above 0.01% indicates a bullish sentiment, while below 0.005% indicates a bearish sentiment.