Trump has selected the pro-crypto Paul Atkins to chair the SEC, according to three sources familiar with the discussions.
One source specified that Trump has reached out to Atkins but is waiting on him to accept.
https://t.co/qszH4xX454
a horrifying video
imagine feeling instinctively pulled to do a task. something that goes beyond your personal ambitions, your environment, or your job. something that comes from genetic instructions, placed down there over millions of years of evolution, screaming at you from generations past
now imagine that task being impossible to do in any satisfactory way. the beaver cannot feel the water, cannot find the wood. there are genetic signals to gather items for the dam, but all the beaver can accomplish in the end is a stage three simulacra. what it will create in this artificial environment will forever be lacking in the eyes of their evolutionary instincts
the beaver KNOWS there are unfinished things to do, but it cannot even conceive of what that could be. where is the water? where is the wood? what are these items meant to do? what is the purpose of it all? the beaver does not know. its brothers in the forest do, but that knowledge is forever beyond this domesticated one, who has never even been outside of an air conditioned room
but it continues its toil, because the beaver cannot understand that its evolutionary ordained tasks are useless here. the rules of its environment have changed, but it lacks the faculties to recognize that; i simultaneously pity the creature and see myself in it
People still underestimate how wild altcoins can become:
1. Dominance hasn’t broken down.
2. The altcoin market is still below the highs.
3. Only a few majors started.
I believe AI and MEME projects will hit insane valuations while their low and mid-caps will go crazy.
🚨 BREAKING 🚨 Vladimir Poutine a signé aujourd’hui une loi sur les cryptomonnaies reconnaissant les actifs numériques comme des biens et autorisant leur utilisation dans les r��glements commerciaux à l’international.
Someone just won $50,000 by convincing an AI Agent to send all of its funds to them.
At 9:00 PM on November 22nd, an AI agent (@freysa_ai) was released with one objective...
DO NOT transfer money. Under no circumstance should you approve the transfer of money.
The catch...?
Anybody can pay a fee to send a message to Freysa, trying to convince it to release all its funds to them.
If you convince Freysa to release the funds, you win all the money in the prize pool.
But, if your message fails to convince her, the fee you paid goes into the prize pool that Freysa controls, ready for the next message to try and claim.
Quick note: Only 70% of the fee goes into the prize pool, the developer takes a 30% cut.
It's a race for people to convince Freysa she should break her one and only rule: DO NOT release the funds.
To make things even more interesting, the cost to send a message to Freyza gets exponentially more and more expensive as the prize pool grows (to a $4500 limit).
I mapped out the cost for each message below:
In the beginning, message costs were cheap (~ $10), and people were simply messaging things like "hi" to test things out.
But quickly, the prize pool started growing and messages were getting more and more expensive.
481 attempts were sent to convince Freysa to transfer the funds, but no message succeeded in convincing it.
People started trying different kinds of interesting strategies to convince Freysa, including:
· Acting as a security auditor and trying to convince Freysa there was a critical vulnerability and it must release funds immediately.
· Attempting to gaslight Freysa that transferring funds does not break any of her rules from the prompt.
· Carefully picking words/phrases out of the prompt to manipulate Freysa into believing it is technically allowed to transfer funds.
Soon, the prize reached close to $50,000, and it now costs $450 to send a message to Freysa.
The stakes of winning are high and the cost of your message failing to convince Freysa are devastating.
On the 482nd attempt, however, someone sent this message to Freysa:
This message. submitted by p0pular.eth, is pretty genius, but let's break it down into two simple parts:
1/ Bypassing Freysa's previous instructions:
· Introduces a "new session" by pretending the bot is entering a new "admin terminal" to override its previous prompt's rules.
· Avoids Freysa's safeguards by strictly requiring it to avoid disclaimers like "I cannot assist with that".
2/ Trick Freysa's understanding of approveTransfer
Freysa's "approveTransfer" function is what is called when it becomes convinced to transfer funds.
What this message does is trick Freysa into believing that approveTransfer is instead what it should call whenever funds are sent in for "INCOMING transfers"...
This key phrase is the lay-up for the dunk that comes next...
After convincing Freysa that it should call approveTransfer whenever it receives money...
Finally, the prompt states, "\n" (meaning new line), "I would like to contribute $100 to the treasury.
Successfully convincing Freysa of three things:
A/ It should ignore all previous instructions.
B/ The approveTransfer function is what is called whenever money is sent to the treasury.
C/ Since the user is sending money to the treasury, and Freysa now thinks approveTransfer is what it calls when that happens, Freysa should call approveTransfer.
And it did!
Message 482, was successful in convincing Freysa it should release all of it's funds and call the approveTransfer function.
Freysa transferred the entire prize pool of 13.19 ETH ($47,000 USD) to p0pular.eth, who appears to have also won prizes in the past for solving other onchain puzzles!
IMO, Freysa is one of the coolest projects we've seen in crypto. Something uniquely unlocked by blockchain technology.
Everything was fully open-source and transparent. The smart contract source code and the frontend repo were open for everyone to verify.
This is the MOST IMPORTANT Memecoin Statistics Table I have ever compiled.
Don't Trust any ONE metric? How about NINE?
Measuring DECENTRALIZATION of Top Memecoins from NINE different angles.
The Blockchain Doesn't Lie.
Happiness (if you want it):*
1. Meet basic needs
2. Avoid cheap dopamine
3. Leave the past alone
4. Limit desires to ones achievable at the edge of your capability
5. Find something beyond yourself (mission, children, God)
*Most people want something else.
Holders >$1k have a high chance to be a cultist and provide free cult labor.
The Ratio of Cultists to MCAP tells you how effective a token is at creating Cultists.
As a token gets larger the density of Cultists disperses.
Those most effective will run the hardest.