Binance has updated its watch tags following a recent review, adding observation labels to COS, DEGO, FORTH, FUN, HOOK, LRC, MBOX, OXT, and WIF. The exchange has also removed the watch tag from FLOW and the seed tags from ONDO and VIRTUAL. Binance warns that tokens with observation labels are subject to higher volatility and risk, requiring users to complete a risk assessment every 90 days to continue trading.