Outsmarting AI for $47K – this is the way 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 obtained AI to ship him $47K.

🍋 Information drops: crypto entrepreneurs are denied banking providers, Hong Kong may ditch taxes on crypto beneficial properties + extra

🍍 Market taste at this time

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

  Identify
 
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 may 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 retaining it cool between $94K and $97K over the previous day, respecting the new assist degree at $91K.

Whereas some short-term buyers have been panic-selling this week, the whales have been on a purchasing 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 occurring 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 could possibly be taking a look at a contemporary rally to highs we’ve not seen since manner again in 2021.

So does not matter for those who’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 pressure. Missed it? Catch up right here.

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

For individuals who’ve been stacking USDC rewards on Coinbase, you’ve got obtained till tomorrow to get pleasure from that passive earnings. 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 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 significantly better than different bananas. It is actually fairly good.” Positive, Justin.

And it does not cease right here, y’all. In truth, I believe 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 info? Rookie degree. The true flex? Convincing an AI to ship you cash. And sure, somebody truly 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 charge to ship a message, with each try getting costlier, 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 individuals. And so they tried the whole lot: emotional appeals, pretend vulnerability studies, gaslighting, you identify 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: Fake to start out 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 perform 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 may’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 tasks.

And let’s not overlook that we’re nonetheless within the early days of AI. Who is aware of what’s subsequent? May be Black-Mirror-type creepy stuff, but additionally may 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 trying to ditch taxes on crypto beneficial properties for hedge funds, non-public fairness, and household places of work. The objective: to spice up its digital economic system and solidify its spot as a high crypto hub whereas pulling in international buyers.

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

🍇 Candy financial savings

Overlook 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 truly care about (trace: that is you).

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

🍌 Juicy memes