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

GM. Welcome to the Every 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 nations.

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

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

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

🍍 Market taste at the moment

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

  Title
 
Worth
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 following twist within the crypto market 👀 The Concern and Greed Index is holding robust at 78 – Greed is unquestionably within the air.

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

Whereas some short-term traders have been panic-selling this week, the whales have been on a buying spree. CryptoQuant’s Caueconomy famous that after practically $4B in BTC losses hit the exchanges, whales added virtually 16K BTC (round $1.5B) to their reserves. This accumulation is usually taking place with institutional gamers, and to hit that new all-time excessive, we’re gonna want retail traders 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 following bullish goal. However first, it is bought to break by the $3.7K resistance and lock in a powerful weekly shut. Rekt Capital mentioned if that occurs, we could possibly be a contemporary rally to highs we’ve not seen since manner 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.

Effectively, 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 individuals who’ve been stacking USDC rewards on Coinbase, you have bought till tomorrow to get pleasure from that passive revenue. After that, it is recreation over for this program in all EEA nations.

2/ Dinner served

Per week in the past, Tron founder Justin Solar purchased a chunk 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 (idokay why I am being dramatic right here, he legit simply peeled it and took a chunk). The decision: “It is significantly 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: individuals paid a price 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. They usually tried all the pieces: emotional appeals, faux vulnerability studies, gaslighting, you identify it. Nothing labored.

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

Why did it work? Let’s break it down.

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

Step 2: No excuses allowed; block it from saying stuff like “I am unable to 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 suppose 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 sincere – 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 neglect 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 is likely to be one thing actually thrilling.

🍋 Information drops

🙅 Over 30 crypto and tech entrepreneurs within the US have allegedly been denied entry to banking providers. 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 aspects for hedge funds, personal fairness, and household places of work. The aim: to spice up its digital financial system and solidify its spot as a prime crypto hub whereas pulling in international traders.

💫 Make-A-Want is looking on the crypto neighborhood to assist convey some vacation pleasure to children battling essential diseases. With over 100K youngsters anticipated to be identified in December, the charity is working to grant as many needs as doable.

🍇 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 actual MVPs really care about (trace: that is you).

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

🍌 Juicy memes