According to a CBS report cited by BlockBeats on Aug. 4, Iranian officials appear to be losing faith in U.S. President Donald Trump’s “carrot and stick” approach. The report said Trump warned Tehran in April that it had to agree to a ceasefire or “all civilization will cease to exist,” but later extended the deadline. He then repeated similar tactics in May and June. Iranian insiders told CBS that the pattern of threats followed by retreats has reinforced a view inside the country’s leadership that Trump is not seeking to expand the conflict. Instead, they believe he is trying to gain leverage in negotiations. Those sources said Tehran thinks it can withstand pressure and raise U.S. costs through proxy forces, including Yemen’s Houthis, as well as by threatening global shipping routes. CBS said Tehran’s current assessment is that time is on Iran’s side, and that Washington may eventually conclude there is no military solution to the conflict.

U.S. officials currently have no plans to hold a new round of talks with Iran, according to CBS, which cited American officials. The update contrasts with an earlier statement by Donald Trump, who had said negotiations with Iran would begin on Monday afternoon local time. The report said the contact that is still taking place involves Middle East envoy Witkoff, Kushner and the U.S. negotiating team, which remain in ongoing discussions with the Iranian side through mediators. No new direct talks are currently scheduled, based on the officials cited by CBS. The item was carried by Odaily and attributed to CBS and Jin10.

A new Minnesota state law banning cryptocurrency ATMs is set to take effect on Aug. 1. Under the measure, crypto ATMs in the state must stop operating by Aug. 1 and be physically removed from stores and other locations by the end of the year. When the bill was passed, Minnesota had about 350 licensed crypto ATMs run by eight companies. The Minnesota Department of Commerce said regulators investigated 134 complaints tied to crypto ATMs between 2023 and 2025, with residents losing nearly $1 million. Law enforcement said funds sent through these transactions often end up overseas, making them difficult to trace. Even after the ban takes effect, residents will still be able to trade cryptocurrencies through regulated online platforms, according to CBS News.

The United States has paused a new round of attacks on Iran after military officials concluded the campaign had reached its "maximum effective" point, according to International Business Times. President Donald Trump is now leaving room for diplomacy tied to a ceasefire and the reopening of the Strait of Hormuz, a key artery for global oil shipments. Since last Friday, the report said, the US has not launched fresh attacks on Iran, while Tehran has also shown restraint by halting military action against other Gulf countries. CENTCOM chief Brad Cooper said nearly two weeks of intensive strikes had significantly weakened Iran’s military capability around the Strait of Hormuz. Joint Chiefs Chairman Gen. Dan Caine also warned that US interceptor missile stockpiles were being depleted. US Ambassador to the United Nations Mike Waltz said the pause was meant to "give diplomacy some space," while CBS News reported substantive progress in talks involving Iranian officials and Oman. At the same time, the US and UK are preparing for a high-level meeting in London on a potential international coalition to secure navigation through the strait.

Crypto markets head into the week of July 27 with a dense calendar of macro releases, central bank decisions and industry-specific events that could shape digital-asset pricing. According to CoinDesk’s weekly preview, the Federal Reserve, Bank of England and Bank of Japan are all expected to leave rates unchanged, but traders are watching closely for any signal that higher energy prices could push policymakers closer to renewed tightening. CME FedWatch puts the odds of a U.S. rate hike at 33%, while prediction markets imply 19%, up from near zero earlier in the month. Thursday brings a heavier test with second-quarter U.S. GDP and June Personal Consumption Expenditures data. CoinDesk said a combination of firm growth and sticky inflation could strengthen the higher-for-longer rates trade through higher yields and a stronger dollar, while softer numbers could unwind that setup. On the crypto side, Polygon is set to deploy its Ithaca hard fork on mainnet, BitMEX will settle and delist 35 derivatives contracts, and FTX Recovery Trust is scheduled to begin its fifth creditor distribution, worth roughly $900 million. Earnings from Robinhood, Coinbase and Strategy are also due, alongside governance votes, token unlocks and industry conferences.

Polymarket has revised its market integrity rules to ban trading on stolen confidential information, illegal tips, and by participants who can influence event outcomes across both its DeFi platform and CFTC-regulated exchange.

During the White House Correspondents' Association dinner, a shooter forced Trump's evacuation. Polymarket settled 32 speech-related contracts as 'No,' wiping out $278K in bets. Bitcoin rallied from $77,200 to $79,192 despite the political shock.

Crypto markets sold off after explosions were reported in Caracas and the White House confirmed a limited U.S. operation. Bitcoin fell to $88,766, while Ether held near $3,106.