Binance will airdrop 3500 EPT tokens to eligible users

On May 7, GMGN monitoring data shows that BSC ecosystem token **BILL** surged 10% in the past hour, hitting a new all-time high market cap of $17.2 million. It currently trades at a $16.5 million market cap, with a 24-hour gain of 44% and a corresponding trading volume of $143 million. BILL is the native token of the Billions Network, a verification network focused on human-AI trust connections. The project aims to enable identity verification and trust linkage between individuals and AI Agents without exposing private data. It has been on a steady uptrend since launching on Binance Alpha on May 4. Links: - GMGN monitoring: [https://t.me/gmgnaibot?start=i_m4TE56o8](https://t.me/gmgnaibot?start=i_m4TE56o8) - BILL token details: [https://gmgn.ai/bsc/token/i_m4TE56o8_0xdf24f8c21cb404b3031a450d8e049d6e39fc1fa5](https://gmgn.ai/bsc/token/i_m4TE56o8_0xdf24f8c21cb404b3031a450d8e049d6e39fc1fa5)

On May 7th, blockchain analytics firm LookOnChain reported that a suspected BIT-linked address deposited 403,289.5 HYPE (valued at roughly $17.4 million) into Hyperliquid four hours ago and began selling the token. So far, the address has sold 100,000 HYPE, netting 4.24 million USDC in proceeds.

Per Al Jazeera, on May 7, Pakistani officials said Donald Trump has asked Iran to respond promptly to the U.S. proposal.

On May 7, 1inch took to Twitter to clarify misleading reports surrounding the TrustedVolumes vulnerability incident. Neither 1inch nor any of its protocols were impacted by the event, ensuring the security of its systems, infrastructure, and user funds. TrustedVolumes is an independent liquidity provider used by multiple protocols across the industry—it is not exclusive to 1inch. 1inch noted it is actively monitoring the situation and collaborating with relevant security parties. In a prior report, an attacker stole roughly $5.87 million from TrustedVolumes. The attacker exploited a public function to register as an AllowedOrderSigner, then executed orders to transfer pre-approved funds from victim addresses.

On May 7, per HyperInsight monitoring (via its Telegram channel @HyperInsight), Brent crude oil saw a temporary pullback—with BRENTOIL futures on Hyperliquid dropping below $98, slipping back under the key $100 mark for a second time. The drop triggered the forced liquidation of positions held by two on-chain crude oil bull whales: a total of 30,500 BRENTOIL long contracts worth approximately $3.02 million. Their liquidation levels were $99.8 and $97.8, respectively. Both whales opened their positions overnight. At the time, Brent crude had plummeted to $98 before staging a slight rebound. Each entered long positions near $100, set their liquidation levels just below the $100 mark, and likely aimed to bet on a rebound. Relevant wallet addresses: 0x6fefdc7b1f6e21c2df6564444547a88d3682e993 0x20b7807939c774a152b396beb704acac68fa10fe

May 7 – Per Saudi media outlets Alhadath and Al Arabiya, sources report the U.S. and Iran have reached an agreement to gradually open the Strait of Hormuz in exchange for easing the maritime blockade. A breakthrough in the situation of stranded ships in the strait is expected in the next few hours. International oil prices plummeted Wednesday, with WTI crude sliding over 3% intraday and Brent crude falling nearly 3%. Gold and silver prices extended gains, with spot gold topping $1,750 an ounce and silver climbing above $79 an ounce. (Oriental Fortune)