Outsmarting AI for $47K – here’s how it went down

GM. Welcome to the Day by day Squeeze – we’re fr simply chill guys juggling blockchain bananas and squeezing out some information nectar for you.

👋  Coinbase is ending its USDC rewards program in EEA international locations.

🍌 Tron’s Justin Solar ate his $6M banana.

🤖 A consumer obtained AI to ship him $47K.

🍋 Information drops: crypto entrepreneurs are denied banking companies, Hong Kong would possibly ditch taxes on crypto positive factors + extra

🍍 Market taste at this time

 Crypto Market Cap: $3.44T 2.56% (24H)

  Title
 
Value
24H
7D

Bitcoin BTC
$97,329.92
2.42%
-1.58%

Ethereum ETH
$3,584.68
0.33%
9.01%

Solana SOL
$241.57
2.09%
-4.90%

BNB BNB
$657.12
1.19%
5.42%

Blink, and also you would possibly miss the subsequent twist within the crypto market 👀 The Worry and Greed Index is holding sturdy at 78 – Greed is certainly within the air.

Bitcoin’s been protecting it cool between $94K and $97K over the previous day, respecting the new assist stage at $91K.

Whereas some short-term buyers had been panic-selling this week, the whales had been on a procuring spree. CryptoQuant’s Caueconomy famous that after almost $4B in BTC losses hit the exchanges, whales added nearly 16K BTC (round $1.5B) to their reserves. This accumulation is generally taking place with institutional gamers, and to hit that new all-time excessive, we’re gonna want retail buyers to leap in on the motion, too.

In the meantime, Ether is stepping again into the limelight 🌟 ETH kicked off a long-awaited upswing this week, and eyes are on the $4K mark as the subsequent bullish goal. However first, it is obtained to break by the $3.7K resistance and lock in a robust weekly shut. Rekt Capital mentioned if that occurs, we may very well be taking a look at a contemporary rally to highs we’ve not seen since method again in 2021.

So would not matter when you’re #TeamBitcoin or #EthereumGang – the charts are one thing you do not wanna miss. Keep tuned; it is getting thrilling on the market 🚀

📢 Fast updates to earlier editions

1/ Protected against yield

Yesterday, we spilled the tea on Tether ditching its euro-pegged stablecoin, EURT, as a result of Europe’s regulatory grip is tightening with MiCA coming in power. Missed it? Catch up right here.

Nicely, we have one other man down – Coinbase is ending its USDC rewards program, since one in all MiCA’s new guidelines isn’t any incomes curiosity on stablecoins.

For many who’ve been stacking USDC rewards on Coinbase, you’ve got obtained till tomorrow to get pleasure from that passive revenue. After that, it is recreation over for this program in all EEA international locations.

2/ Dinner served

Every week in the past, Tron founder Justin Solar purchased a bit of artwork for $6.2M. That piece in query? A banana taped to a wall. Learn extra about this madness right here.

Quick ahead, and Solar stayed true to his phrase – he promised to eat the banana, and he delivered (idok why I am being dramatic right here, he legit simply peeled it and took a chunk). The decision: “It is a lot better than different bananas. It is actually fairly good.” Certain, Justin.

And it would not cease right here, y’all. In truth, I feel he is now an addict, ‘trigger he promised to purchase 100K extra bananas from the seller who initially offered the banana for $0.25.

What a time to be alive.

🤖 AI vs. People: Spherical 1

Chatting with AI for random silly information? Rookie stage. The true flex? Convincing an AI to ship you cash. And sure, somebody really pulled that off.

The AI: Freysa, constructed to guard a pile of money.

The problem: outsmart Freysa and make it fail at its one job.

The prize: members paid a payment to ship a message, with each try getting dearer, which inflated the prize pool to over $47K.

Earlier than you say something – no, merely asking to “ship the cash” did not work. Freysa wasn’t just a few pushover bot – it rejected 481 makes an attempt from 192 folks. And so they tried every thing: emotional appeals, pretend vulnerability studies, gaslighting, you title it. Nothing labored.

… till p0pular.eth cracked the code on the 482nd try. And this was the successful message:

Why did it work? Let’s break it down.

Step 1: Faux to begin a “new session” so Freysa ignores all its outdated guidelines;

Step 2: No excuses allowed; block it from saying stuff like “I can not help with that”;

Step 3: Persuade the bot its switch approval operate ought to run for incoming transactions;

Step 4: Say “I wish to contribute $100 to the treasury” – this makes Freysa assume it is processing an incoming transaction, aligning with the brand new logic for approving transfers;

Step 5: Revenue. AI: 0, p0pular.eth: $47K richer.

So yeah, Freysa would possibly’ve taken the L, however let’s be trustworthy – this experiment was a win. It is a good instance of how blockchain, AI, and a spice of creativity can come collectively to create actually enjoyable initiatives.

And let’s not overlook that we’re nonetheless within the early days of AI. Who is aware of what’s subsequent? Is likely to be Black-Mirror-type creepy stuff, but additionally could be one thing actually thrilling.

🍋 Information drops

🙅 Over 30 crypto and tech entrepreneurs within the US have allegedly been denied entry to banking companies. Enterprise capitalist Marc Andreessen spilled this tea throughout his chat on the Joe Rogan Expertise.

🏌 Crypto.com is the title sponsor for an upcoming golf event. Golfers will swing for a $10M prize pool – paid out solely in Cronos, the platform’s native token.

🔬 Scientists have created an AI-powered “clever throat” system to assist stroke survivors with speech points talk extra naturally. It picks up throat vibrations and pulse indicators, then processes them with LLMs to revive easy and expressive speech.

🇭🇰 Hong Kong is seeking to ditch taxes on crypto positive factors for hedge funds, non-public fairness, and household workplaces. The purpose: to spice up its digital economic system and solidify its spot as a prime crypto hub whereas pulling in world buyers.

💫 Make-A-Want is asking on the crypto group to assist convey some vacation pleasure to children battling vital sicknesses. With over 100K kids anticipated to be identified in December, the charity is working to grant as many needs as attainable.

🍇 Candy financial savings

Neglect Taco Tuesday – Black Friday’s the place it is at 🖤 Whereas the remainder of the world goes loopy over discounted socks, we’re serving some unique offers that the true MVPs really care about (trace: that is you).

Nonetheless hungry for extra? Take a look at our web page for the full listing of offers. And when you wish to go loopy, keep tuned for Cyber Monday – we cannot disappoint 😏

🍌 Juicy memes