Here’s a roundup of several noteworthy updates in the crypto space today:

1️⃣ There’s a bizarre news story from China—police in a certain region issued a notice saying they seized a suspect’s wallet containing 1.9 million USDT, and no one has come forward to claim it. The notice says you can bring proof to claim it, otherwise it’ll be confiscated. Honestly, even if someone dared to claim it, it’s hard to say if they’d actually get it.

2️⃣ The L2 project Espresso, which raised $60 million, is opening airdrop registration on December 22. Rumor has it the airdrop will cover millions of addresses. Regardless of eligibility, everyone can try their luck when the time comes. But their token release mechanism is pretty rough: zero unlock at TGE, 50% unlock after a year, and the remaining 50% gradually released in the second year. Kaito launchpad users are probably going to be pissed.

3️⃣ Last night, HumidiFi’s launch was completely dominated by studio groups. Bubblemaps found that at least 1,100 addresses were controlled by the same group. The project team said they’ll do a relaunch next Monday, but the rules aren’t set yet. If you ask me, first-come-first-served is no match for bots and “scientists” unless they change the mechanism.

4️⃣ The BOB situation is getting out of hand—after the launch tanked on a certain exchange, the platform promised a full refund, but now they’re only refunding 50%. This move is basically treating users like suckers.

5️⃣ BitMine, dubbed the “Ethereum version of MicroStrategy,” allegedly increased its holdings again, buying 41,946 ETH worth about $130 million. Meanwhile, the Ethereum Foundation transferred 1,000 ETH (about $3.12 million) out today, which usually signals an upcoming sell-off…

6️⃣ Ethereum mainnet gas fees hit a new all-time low; transfers now cost just a few cents. This really shows the on-chain activity is dead—no one seems to be busy with anything.

7️⃣ A certain exchange printed the image of the Dubai kissing couple on their USDT card—this marketing idea is wild. I’m really curious which intern pitched this, and how the boss actually approved it.

8️⃣ The Elizabeth situation is a mess—her first fake donation has been confirmed, but after she posted a clarification video, it was revealed she’s suspected of a second fake donation.

9️⃣ MetaMask mobile just launched a prediction market feature, supported by Polymarket. You can earn points by participating, but I’ve never cared for MetaMask’s points campaigns, and I’m skipping this one too.