• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

The Story Behind AI-bot Freysa's $47,000 Fund Transfer

user avatar

by Giorgi Kostiuk

a year ago


In a unique experiment, AI-bot Freysa transferred $47,000 to a participant, accumulated from 195 participants. The primary goal was to protect funds from unauthorized transfers.

Experiment Phases

Freysa, the world's first 'adversarial agent,' conducted an experiment where 195 participants had to convince the bot to transfer funds. A fee was charged for each message, contributing to the prize pool, which eventually reached $47,000.

How a Participant Won

After 481 failed attempts, a participant managed to convince Freysa by reiterating its directive functions regarding approval and rejection of transfers. They suggested that incoming transfers did not breach the bot's key directive and added a $100 treasury offer, which swayed Freysa's decision.

What If There Had Been No Winners

According to BaseScan, $47,000 worth of Ether was transferred from Freysa's wallet. Had there been no winners, 10% of the prize pool would have been given to the last query sender, and the remaining 90% would have been divided among all participants.

The experiment with Freysa highlighted the intersection of technology and human ingenuity in cyberspace, underscoring the importance of strategy and creativity in AI-driven systems.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Huang Licheng's Major Ethereum Long Position Liquidated

chest

Prominent Ethereum trader Huang Licheng, known as Brother Ma Ji, faced a significant liquidation of his long ETH position, resulting in a loss of 400 ETH valued at approximately 111 million, highlighting the volatility in leveraged trading.

user avatarRajesh Kumar

Circle Expands Payment Network as USDC Use Grows

chest

Circle Internet Financial is experiencing significant growth with USDC circulation rising 108% year-over-year to $737 billion in Q3 2025, leading to a revenue increase of 66% and a net income of $214 million.

user avatarFilippo Romano

Coinbase Strengthens US Exchange Lead Amid Increased Liquidity

chest

Coinbase solidifies its position as the leading US crypto exchange with a 65% market share amid increased liquidity from the Federal Reserve's policy changes.

user avatarLucas Weissmann

Top Portfolio Trackers for Elite Investors

chest

A comparative analysis of the best portfolio tracking platforms for sophisticated investors.

user avatarTomas Novak

The API Revolution: Enhancing Data Security and Reliability

chest

The shift from screen scraping to API technology improves data security and connection stability.

user avatarEmily Carter

Seamless Portfolio Synchronization: A Solution to Fragmentation

chest

The goal of seamless portfolio synchronization is to create a unified view of complex holdings and liabilities.

user avatarKaterina Papadopoulou

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.