$HYPE Team Unlock, $LIT Airdrop Soon, Trust Wallet Hack Update

️ On today's Top Picks:

Crypto News

• ⭐️ Hyperliquid $HYPE Labs unstakes 1.2M HYPE (~$31M); to be distributed to Hyperliquid Labs team members on January 6th; all distributions to take place on the 6th of the month going forward.

• Digital Asset Investment Products saw $446M in outflows last week; Bitcoin $BTC ~$443M outflows, Ethereum $ETH ~$59M outflows, Ripple $XRP ~$70M inflows, Solana $SOL ~$7.5M inflows.

• Mirae Asset Group reportedly in talks to acquire Korbit, South Korea’s fourth-largest crypto exchange, for ₩100B - ₩140B ($70M - $100M); Korbit is currently owned by NXC & SK Square.

• ICYMI Aave $AAVE “brand seizure” proposal fails to pass; ~55% voted against, ~41% voted to abstain, & ~4% voted in favor; a "revote" with a proper process, clear terms, & higher turnout is expected next month.

• ICYMI Hyper Foundation $HYPE Assistance Fund now formally recognized as burned following a governance vote; the tokens were permanently removed from the circulating and total supply.

• ICYMI Uniswap $UNI UNIfication proposal passes; 100M UNI to be burned, fee switches to be turned on, Uniswap Labs to focus on the protocol, and more.

Alpha

• ⭐️ Lighter $LIT teases Season 3 Points Program; to launch TGE & airdrop soon; Polymarket forecasts an ~87% chance Lighter launches an airdrop by the end of December.

• Cascade to raise the pre-allocation cap for Cascade’s Liquidity Strategy (CLS) to $2M on January 6th; eligible users can deposit to earn Cascade Points.

• ⭐️ Haseeb Qureshi, Dragonfly managing partner, posts his 2026 predictions; covers Macro/Chains, DeFi, Stablecoins, Regulation, Prediction Markets, & AI.

• ICYMI Hyperliquid $HYPE launches Earn feature; users can supply $USDC to earn yield.

• ICYMI Variational launches Omni points program; retroactively awards 3M points to existing traders; to distribute points every Friday until the end of Q3 2026.

• ICYMI Rainbow $RWBW launches prediction markets for all users on iOS & Android; feature powered by Polymarket $POLY; Rainbow points program is ongoing.

Airdrops

• ⭐️ Brevis $BREV launches airdrop registration; eligibility criteria has yet to be revealed; registration to close on January 3rd.

• Espresso $ESP announces another path to airdrop eligibility; LitVM early supporters are eligible; airdrop registration is live.

• ⭐️ Mezo $MEZO launches airdrop registration; Mezo Mats (points) holders are eligible.

• Noble $NOBLE to close Step 1 of the airdrop claim process on December 31st; requires eligible users to link an Ethereum address; Noble Season 1 & Season 2 points participants are eligible.

• ICYMI Base $BASE distributes winnings from its Holiday Rewards campaign; users can check the Base app to see if they won.

• ICYMI Lighter $LIT announces there will be no airdrop claim process; tokens will automatically be distributed to wallets; Polymarket forecasts an ~87% chance Lighter launches an airdrop by the end of December.

• ICYMI Fogo $FOGO announces updated tokenomics; allocates 6% of genesis supply for 'Community Airdrop', 1.5% on January 13th & 4.5% for future rewards.

Finance News

• Key Events This Week: Fed Meeting Minutes on Tuesday, Initial Jobless Claims data on Wednesday, China's Silver $XAG export restrictions begin on Thursday.

• Gold $XAU, Silver $XAG, & Platinum $XPG fall amid recent all-time highs; more volatility is expected.

• Strategy $MSTR buys an additional 1,229 Bitcoin $BTC for ~$108.8M at ~$88,568 per BTC: now holds 672,497 BTC (~$58.7B) acquired for ~$50.4B at ~$74,997 per BTC.

• Bitmine $BMNR buys an additional 44,463 Ethereum $ETH (~$130M); now holds 4,110,525 ETH (~$12B) & $1B USD.

• SoftBank Group to acquire DigitalBridge Group, an alternative asset manager specializing in investments in digital infrastructure, for ~$4B.

• ICYMI US President Trump to soon announce a nominee for the Federal Reserve Chair; prediction markets forecast an ~92% chance a nominee is announced by the end of January.

• ICYMI Nvidia $NVDA announces $20B licensing deal with Groq, an AI hardware company; Nvidia to also hire Groq founder Jonathan Ross and other employees.

Security and Exploits

• Flow $FLOW exploited for ~$3.9M due to vulnerability in Flow's execution layer; the Flow team considered a chain rollback but shifted to an isolated recovery plan after feedback from partners.

• ⭐️ Trust Wallet $TWT CEO @EowynChen says a leaked Chrome Web Store API key allowed attackers to bypass standard release checks and publish the malicious v2.68 update.

• ICYMI Trust Wallet's $TWT browser extension (v2.68) is compromised; advises users on v2.68 to disable the extension and upgrade to v2.69; ~$7M has been stolen, though Trust Wallet says it will compensate affected users.

• SlowMist publishes "Decentralized Perpetual Contracts Security Audit Guide," a deep-dive on the core architecture, risk points, and auditing methodology behind onchain perp DEXes.

• ICYMI Brian Armstrong says an "ex-Coinbase customer service agent was just arrested," thanks to the Hyderabad Police in India; Coinbase disclosed that cybercriminals bribed agents to steal customer data in May.

• ICYMI Polymarket $POLY confirms multiple users experienced losses due to a security issue involving a third-party provider; Polymarket says the issue has since been resolved and no risks remain.

Token Unlocks

• Jupiter $JUP / ~$11M / DEC 28th
• Kamino $KMNO / ~$12M / DEC 30th
• Optimism $OP / ~$8M / DEC 31st
• Sui $SUI / ~$62M / JAN 01st
• EigenCloud $EIGEN / ~$14M / JAN 01st
Sourced from Tokenomist

Funding

• Haven raises an undisclosed amount in Seed funding from several investors.

• ICYMI Architect raises $35M in Series A funding led by Miami International Holdings $MIAX and Tioga Capital.

The Degen Farmer