Subnet Session with Red Team: Beating Bots with Bittensor (SN61)
Update: 2025-07-16
Description
In this episode, we sit down with Oli and Oscar from Red Team, the BitTensor subnet tackling one of GenAI’s biggest threats: synthetic fraud.
Their London-based cybersecurity firm Innerworks already protects major payment platforms and crypto exchanges. But now, with Subnet 61, they’ve built a decentralized R&D engine that uses BitTensor miners to stress-test their own defences - crowdsourcing attacks to stay ahead of adversaries.
We dig into:
- What Red Team actually does (in human language)
- Why AI-powered fraud is exploding - and how SN61 spots it in real time
- The genius way they use miners to simulate attacks before they hit the wild
- How they price and sell the product as a high-margin SaaS play
- Whether this is an “extractive” subnet or not
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