Trump: May Need to Break Iran Nuclear Deal

May 1 Tensions between the U.S. and Iran are escalating as the Strait of Hormuz blockade enters its third month. A top official with Iran’s Islamic Revolutionary Guard Corps (IRGC) told Reuters that any new U.S. attacks on Iran—even limited ones—will trigger a “prolonged and painful strike” against American military bases and vessels. U.S. President Trump is set to receive a briefing Thursday (local time) on a new round of military strikes against Iran. Axios also reported that some U.S. plans include deploying ground troops to seize parts of the strait to restore commercial shipping. The strait remains blocked, disrupting roughly 20% of global oil and gas supplies and pushing international energy prices steadily higher. Iran’s Supreme Leader Ayatollah Ali Khamenei has stated Iran will maintain “absolute control” over the strait, warning foreign forces will “only end up at the bottom of the sea.” The U.S. is pushing for an international coalition called the “Maritime Sec

Tesla announced Thursday in an updated annual report that it has generated over $500 million in revenue from sales to SpaceX and xAI. Back in January, the company disclosed its business dealings with xAI totaled approximately $430.1 million. The latest filing added that Tesla has received an additional $143.3 million in revenue from SpaceX. (Source: Jinse)

On April 29, French AI startup Mistral AI launched Mistral Medium 3.5—its next-generation open-source model—along with two new tools: Mistral Vibe CLI (a remote coding agent) and Le Chat (a multi-step AI agent feature). The model uses a dense architecture with 1.28 trillion parameters. Official data shows it scored 77.6% on the SWE-Bench Verified programming benchmark and supports unified inference and coding capabilities. However, its API pricing (up to $1.5 per million input tokens and $7.5 per million output tokens) is far higher than Chinese open-source models, drawing widespread community scrutiny. Currently, top open-source model rankings are dominated by Chinese models like Alibaba’s Qwen, Zhifup GLM, and Xiaomi’s MiMo-V2. Notably, Qwen 3.6—with just 270 billion parameters—already hits 72.4% on SWE-Bench and is fully open-source and free. Some developers argue Mistral’s biggest current strength is its “non-U.S., non-China” European identity. Complying with GDPR and Euro

On May 1, cryptocurrency prediction market platform Polymarket again faced controversy over its UMA oracle governance mechanism. Total trading volume for the "Will Clavicular be pregnant in 2026" market has reached $16.46 million, with 24-hour volume at ~$4.5 million—but the outcome remains disputed. The "Yes" share currently trades at $0.97, yet market rules explicitly state that "joking or untrustworthy pregnancy statements do not count toward the outcome." Some traders argue the event is already confirmed a "No," yet large sums continue flowing into "Yes" shares. Senior Polymarket trader Domahhhh posted that UMA has devolved from a "decentralized oracle" to a "misinformation engine controlled by a few whales." On-chain data shows the top 20 "Yes" addresses hold ~$2.54 million total—more than the $1 million held by the top 20 "No" addresses. The dispute follows long-running tensions between UMA and Polymarket. Previous markets (including those for "Trump’s phone call with Xi

As of May 1, per EmberCN monitoring, Pantera Capital—Ondo’s lead investor—transferred 83.9 million ONDO tokens (valued at $22.11 million) five hours ago, a move that could signal an upcoming sale. The recipient address of these tokens from Pantera previously received 34.28 million ONDO tokens (valued at $42.52 million a year prior) from Ondo’s multisig address, and later transferred the tokens in batches to Coinbase Prime.

On May 1, the UK’s Financial Conduct Authority (FCA) rolled out new rules for tokenized funds, letting funds use blockchain and distributed ledger technology (DLT) to keep investor records and manage shares under the existing regulatory framework—pushing the digitization of the asset management sector. Under the new rules, authorized funds can host investor registers on public blockchain networks (as long as they meet security and transparency standards) and issue fund shares across multiple blockchains. The FCA also launched the optional “Direct-to-Fund (D2F)” model, letting funds or custodians transact directly with investors to simplify on-chain settlement. The FCA noted the rules have already helped approve the UK’s first tokenized UCITS fund and will further explore how stablecoins, digital cash, and smart contracts can be used in fund settlements. It plans to gather additional feedback on DLT’s use in wholesale financial markets by 2026. The UK’s full crypto asset regulator