Binance Adds Watchlist Label for BAKE, IDEX, and SLF
On July 7th, according to an official declaration, after a recent examination, Binance will include BakeryToken (BAKE), IDEX (IDEX), and Self Chain (SLF) on the watchlist starting from July 7, 2025.
The announcement indicates that compared to other listed tokens, tokens on the watchlist may have greater volatility and risk. Binance will closely supervise and continuously conduct reviews. Trading these watchlisted tokens involves risks as these tokens no longer meet the criteria for listing on the Binance platform and may be delisted.
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Ukraine Imposes Sanctions on 60 Russia-Linked Cryptocurrency Companies
On July 7th, as reported by Ukrayinska Pravda, Ukrainian President Zelensky signed a decree to impose sanctions on individuals and legal entities that assist Russia in transferring assets through cryptocurrency.
These sanctions are targeted at 60 companies, with 55 of them being Russian entities. According to Vladyslav Vlasiuk, Zelensky's Sanctions Policy Commissioner, the sanctioned entities encompass 19 major cryptocurrency miners engaged in circumventing sanctions, 17 operators of digital financial asset issuance systems, 19 Russian financial infrastructure companies, and 5 cryptocurrency exchange operators involved in evading sanctions.
The list also includes 5 non-Russian residents but companies that are involved in helping Russia evade restrictions, such as TOKENTRUST HOLDINGS LIMITED in Cyprus, EXMO RBC LTD in Kazakhstan, and three companies in the UAE.
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Letsbonk's 24-hour Fee Revenue Surpasses $1M, Outpacing pump.fun and Sky
On July 7th, based on DefiLlama data, the Solana-based token launchpad Letsbonk has reached a 24-hour fee revenue of $1.04 million, outperforming well-known protocols such as Sky and pump.fun and ranking 16th overall.
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Robinhood Spokesperson: Through a certain SPV, we indirectly hold shares in OpenAI, and the price of the OpenAI token is tied to the value of the shares held by that SPV.
July 7th. In response to OpenAI's urgent denial that it did not give authorization to Robinhood and stating that the so-called "OpenAI Token" is not equity in OpenAI, a spokesperson for Robinhood said that the OpenAI Token will represent indirect ownership of OpenAI through Robinhood's ownership in a special purpose vehicle (SPV), providing investors with an indirect way to invest in OpenAI. This implies that Robinhood does not directly hold OpenAI shares but holds them indirectly through an SPV, and the price of the OpenAI Token is pegged to the value of the OpenAI shares held by that SPV.
Currently, three trading platforms, Robinhood, Bybit, and Kraken, do not offer tokenized U.S. stock trading services to U.S. customers. However, Coinbase has submitted a pilot application to the U.S. Securities and Exchange Commission (SEC) to provide stock tokenization trading services to U.S. customers, pending SEC approval. (Caixin)
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Elon Musk Responds to US Treasury Secretary: Yellen is Soros Puppet Who Can't Even Do Basic Arithmetic
On July 7th, Bezent is regarded as Soros's puppet. He majored in political science but is even unable to do simple arithmetic. A year ago, my poll results were highly positive, which is the reason why Trump attaches great importance to me. In a previous report, U.S. Treasury Secretary Bezent stated on CNN's "State of the Union" program, "I assume that those board members are not satisfied with Musk's announcement on Saturday and they will urge him to concentrate on his business activities instead of engaging in political activities."
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Babylon: Bitcoin Multi-Stake Testnet Goes Live in Q3
July 7th: The Bitcoin Staking Protocol Babylon has made public its 2025 roadmap. During the third quarter of 2025, the Bitcoin Multi-Staking Testnet is set to launch, with the initial integration of ETH Rollups and the Cosmos mainchain. Simultaneously, the Genesis EVM Testnet will come into operation.
In the fourth quarter of 2025, the Bitcoin Multi-Staking Mainnet and the Genesis EVM Mainnet will be launched. In the first quarter of 2026, there are intentions to introduce Bitcoin liquidity applications.
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