🤖 Outsmarting AI for $47K – this is the way it went down
Plus: USDC rewards wave goodbye in Europe
GM. Welcome to the Each 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 good points + extra
🍍 Market taste right now
Crypto Market Cap: $3.44T 2.56% (24H)
Identify
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 subsequent twist within the crypto market 👀 The Concern and Greed Index is holding sturdy 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 purchasing spree. CryptoQuant’s Caueconomy famous that after practically $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 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 subsequent bullish goal. However first, it is obtained to break by means of 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.
Properly, we have one other man down – Coinbase is ending its USDC rewards program, since considered one of MiCA’s new guidelines is not any incomes curiosity on stablecoins.
For individuals who’ve been stacking USDC rewards on Coinbase, you have obtained till tomorrow to take pleasure in that passive revenue. After that, it is sport over for this program in all EEA international locations.
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 (idokay why I am being dramatic right here, he legit simply peeled it and took a chew). The decision: “It is a lot better than different bananas. It is actually fairly good.” Positive, Justin.
And it would not cease right here, y’all. The truth is, I believe he is now an addict, ‘trigger he promised to purchase 100K extra bananas from the seller who initially bought 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 charge 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 every little thing: emotional appeals, pretend vulnerability stories, 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: Faux to start out 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 perform 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 tasks.
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 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 match. Golfers will swing for a $10M prize pool – paid out completely 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 alerts, then processes them with LLMs to revive clean and expressive speech.
🇭🇰 Hong Kong is seeking to ditch taxes on crypto good points 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 traders.
💫 Make-A-Want is asking on the crypto group to assist carry some vacation pleasure to youngsters battling essential diseases. With over 100K kids anticipated to be recognized in December, the charity is working to grant as many needs as doable.
🍇 Candy financial savings
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🍌 Juicy memes