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- Hamster Kombat's Crypto Carnival, Anthropic's Bounty Program, Dark Skippy's Bitcoin Heist, and Tether's USDT Tsunami!
Hamster Kombat's Crypto Carnival, Anthropic's Bounty Program, Dark Skippy's Bitcoin Heist, and Tether's USDT Tsunami!
Decoding the Digital Deluge, One Token at a Time: From adorable airdrops to AI jailbreaks, sneaky wallet attacks to stablecoin surges.
Hey there, PoI readers! 🌟 It's your favorite crypto connoisseur, Mochi, back with another serving of tantalizing tech and web3 news. From hamster-powered airdrops and AI jailbreak challenges to sneaky Bitcoin heists and Stablecoin USDT minting madness, we've got a smorgasbord of digital delights to feast upon. So, grab your favorite crypto snack and let's dive into this week's wonderland of blockchain buzz! 🍵🐹
INTEL BRIEF
🟧 Hamster Kombat, a viral Telegram-based game, reveals new details about its upcoming cryptocurrency airdrop, aiming to be the "largest airdrop in crypto history".
🟧 Anthropic launches a bug bounty program offering up to $15,000 for jailbreaking their unreleased next-gen AI model, focusing on universal jailbreak attacks.
🟧 Researchers unveil "Dark Skippy," a new method that can extract private keys from Bitcoin hardware wallets using only two signed transactions, if the victim downloads malicious firmware.
🟧 Tether mints $1.3 billion USDT since the recent market bottom, potentially signaling incoming buying pressure that could push Bitcoin above the $65,000 resistance level.
Hamster Kombat's Epic Token Toss - The Airdrop That's Breaking the Internet
This adorable Telegram-based clicker game has been taking the world by storm in record time. With a staggering 300 million players already tapping away, Hamster Kombat is now teasing what they claim will be the "largest airdrop in crypto history." Talk about thinking big for such tiny critters!
On August 8th, the game's developers decided to stop being such teases and finally revealed some juicy details about how players can beef up their airdrop rewards. It's like a hamster-sized treasure hunt, folks! Players can rack up points through various in-game activities, including passive income, completing tasks, unlocking achievements, and even playing matchmaker by referring friends. It's basically a "how to get rich quick" scheme, but with more fur and whiskers.
HMSTR Airdrop Tab. Source: Hamster Kombat
The airdrop eligibility isn't just about mindless tapping. Oh no, these hamsters are looking for quality over quantity. The spokesperson, who I said that factors like game cycles, community interactions, and overall social activity will also play a role. So, start practicing your hamster dance moves and witty rodent puns, people!
Players will be awarded tokens based on different points allocation metrics within the game.
Now, you might be wondering, "Mochi, what's the endgame here? World domination by cute, furry overlords?" Close, but not quite. Hamster Kombat has set its sights on something even more ambitious: onboarding the next billion users into Web3. That's right, they're using the irresistible allure of tap-to-earn gameplay to lure unsuspecting normies into the wild world of blockchain and cryptocurrencies. Sneaky? Perhaps. Genius? Absolutely!
Top crypto airdrops by ranking. Source: CoinGecko
As for the airdrop itself, details are still as elusive as a greased-up hamster. We know that 60% of the HMSTR tokens will go to players, but the rest is shrouded in mystery. One thing's for sure though – if Hamster Kombat wants to claim the title of "largest crypto airdrop in history," they'll need to outdo Uniswap's whopping $6.43 billion distribution. That's a lot of hamster pellets, folks!
Hamster Kombat, a viral Telegram game, teases "largest airdrop in crypto history"
Players can earn airdrop points through various in-game activities and social interactions
The game aims to onboard billions of users into Web3 through its simple, engaging gameplay
Anthropic launches $15K jailbreak bounty program for its next-gen AI
On August 8th, Anthropic, the brainy bunch behind the AI chatbot Claude, announced a bug bounty program that's hotter than a overclocked CPU. They're offering a whopping $15,000 to anyone who can successfully jailbreak their yet-to-be-released, next-gen AI model. Talk about putting your money where your motherboard is!
Anthropic's flagship AI, Claude-3, is like the straight-A student of the AI world. But even the best students need a good red teaming session now and then. No, that's not a new TikTok dance challenge. It's the process of intentionally trying to break something to find its weak spots. In Claude's case, it's about finding all the ways to make it say "Oopsie!" and reveal information it's supposed to keep under wraps.
Anthropic launches $15K bug bounty program to 'jailbreak' its unreleased next-gen AI. Researchers can earn rewards by finding ways to bypass safety guardrails. #AI#Anthropic#BugBounty
cointelegraph.com/news/anthropic…
— Yuriy Habarov (@cotyar)
6:20 AM • Aug 10, 2024
But here's the kicker: As these AI models get smarter and chattier, figuring out all the ways they could mess up becomes trickier than solving a Rubik's cube blindfolded. That's where you come in, potential bug bounty hunters!
Anthropic is particularly interested in universal jailbreak attacks. These are like the master keys of the AI world, capable of bypassing safety guardrails across a wide range of areas. They're especially keen on addressing vulnerabilities in high-risk domains like CBRN (chemical, biological, radiological, and nuclear) and cybersecurity. You know, just casual, everyday stuff that definitely won't keep you up at night!
Now, before you start warming up your hacking fingers, hold your horses! This isn't an open invitation. Anthropic is being pickier than a cat at a buffet, only accepting a limited number of participants. They're looking for the crème de la crème of AI researchers, those who've already shown they can make language models sing like canaries.
If you think you've got what it takes, you've got until August 16th to throw your hat in the ring. But don't worry if you don't make the cut this time around. Anthropic plans to expand this initiative in the future, giving more people the chance to play "Catch the AI" for cold, hard cash.
Anthropic offers up to $15,000 for jailbreaking their unreleased next-gen AI model
The bug bounty program focuses on universal jailbreak attacks in critical domains
Limited spots available for experienced AI researchers, with plans for future expansion
'Dark Skippy' method might steal Bitcoin hardware wallet keys
We're talking about a new hacking method so sneaky, it makes pickpockets look like amateurs. Ladies and gentlemen, meet "Dark Skippy" - the Bitcoin bandit's new partner in crime!
This crafty little method can swipe your private keys in the blink of an eye, and it only needs two signed transactions to do it. Talk about efficiency in the criminal underworld!
Now, before you start panicking and burying your hardware wallet in the backyard, there's a catch. The attacker needs to trick you into downloading some malicious firmware first. It's like leaving your front door wide open and inviting the thieves in for tea. So, maybe don't accept firmware updates from that sketchy email claiming to be your long-lost Nigerian prince cousin, okay?
If an attacker manages to corrupt a signing device, Dark Skippy can deliberately use weak & low entropy secret nonces to embed chunks of the seed words into transaction signatures.
It takes just two input signatures to leak a 12 word seedphrase on-chain.
— nick ☃️ (@utxoclub)
6:03 PM • Aug 5, 2024
Here's where it gets really wild. Previous versions of this attack needed you to post dozens of transactions, practically sending up flares saying, "Hey, hack me!" But Dark Skippy? This smooth operator can do the job with just a couple of transactions.
But wait, there's more! Remember how you thought generating your seed words on a separate device was the ultimate security move? Well, Dark Skippy just laughed and said, "Hold my beer." This method can still get your goods, even if you used a different device for your seed words. It's like having a top-notch alarm system, only to find out the thief is already inside your house.
Dark Skippy mitigation techniques. Source: Dark Skippy researchers.
So how does this digital sleight of hand work? The malicious firmware embeds parts of your seed words into something called "low entropy secret nonces." These nonces then sign your transactions, leaving a trail of breadcrumbs on the blockchain. The attacker follows this trail, using some fancy math called Pollard's Kangaroo Algorithm (which sounds like a rejected Pixar movie title) to piece together your seed words.
Now, before you swear off technology and decide to store your Bitcoin under your mattress, remember: knowledge is power. By staying informed about these threats, you're already one step ahead of the game. Just be careful what you download.
"Dark Skippy" is a new hacking method that can steal Bitcoin private keys with just two transactions
The attack requires the victim to download malicious firmware to their hardware wallet
Even seed words generated on separate devices aren't safe from this crafty method
Tether's $1.3B USDT Mint might be Fueling Bitcoin's Race to $65K?
Imagine this: You're at a party, and suddenly, the host brings out 1.3 billion pizzas. That's basically what Tether just did, except instead of cheesy goodness, they're serving up fresh, hot USDT stablecoins. Since August 5th, when the crypto market was feeling as low as a Bitcoin miner during a power outage, Tether has been on a minting spree that would make the U.S. Treasury blush.
Now, you might be thinking, "Mochi, why should I care about some digital money printer going brrr?" Well, my curious crypto kittens, this isn't just any old money printing – it's like injecting pure adrenaline into the veins of the crypto market. These shiny new USDTs are being shipped off to popular exchanges in record time. We're talking Kraken, Coinbase, OKX, and Bullish – it's like the who's who of the crypto exchange world is having a USDT party!
1.3B $USDT has been transferred from #TetherTreasury to exchanges since the market crash on Aug 5!
— Lookonchain (@lookonchain)
9:39 AM • Aug 9, 2024
But here's where it gets really interesting. Remember August 5th? That was the day Bitcoin decided to take a nosedive and hit a five-month low of $49,500. It was so dramatic, you could almost hear the collective gasp of HODLers worldwide. But since then? Oh boy, have the tables turned! Bitcoin's been on a rollercoaster ride up, surging over 21% to a cool $60,271. It's like watching a phoenix rise from the ashes, except this phoenix is made of binary code and dreams of financial freedom.
Tether deposits since Aug. 5. Source - Lookonchain on X
Now, the million-dollar question (or should I say, the 65,000-dollar question): Can all this fresh USDT help push Bitcoin past the crucial $65,000 mark? According to our friends at CryptoQuant, this price level is like the final boss in a video game for Bitcoin. It's the "short-term whale holder realized price," which is a fancy way of saying it's where the big fish might start to cash out.
Pay attention to #Bitcoin short-term whales
“The short-term holder whale realized price is in the 64K-65K range. This level may present itself as a resistance.” – By @XBTManager
Get the full insight 👇
cryptoquant.com/insights/quick…— CryptoQuant.com (@cryptoquant_com)
9:59 AM • Aug 9, 2024
But wait, there's more! The U.S. Bitcoin ETFs are joining the party too. They've been raking in the dough, with a whopping $194 million in net positive inflows on August 8th alone.
Tether mints $1.3 billion USDT since August 5th market bottom
Bitcoin price recovers over 21% to $60,271, eyeing the crucial $65,000 resistance
U.S. Bitcoin ETFs show positive inflows, potentially fueling further price appreciation
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And that's a wrap, my lovely PoI readers! 🎬 I hope this edition left you feeling informed, entertained, and maybe even a little bit paranoid about your hardware wallet (just kidding... sort of). Remember, in the wild world of crypto, knowledge is power, and laughter is the best cryptocurrency. Until next time, this is Mochi, signing off with a virtual high-five and a side of digital dumplings! 🥟✨
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🍨📰 Catch you in the next issue! 📰🍨
Intel Drop #109
Disclaimer: The insights we share here at Proof of Intel (PoI) are all about stoking your tech curiosity, not steering your wallet. So, please don't take anything we say as financial advice. For all money matters, consult with a certified professional. -