NEAR co-founder @ilblackdragon said on X that the recovery of funds stolen from NEAR Intents was driven mainly by SHIELD, the AI security layer on Intents, along with investigative work by the team. He said the Intents team identified the responsible party in less than 24 hours after the hack, opened communication, and fully recovered the funds at 14:30 UTC on the day of the update. He also said NEAR will keep strengthening its security systems to adapt to changing cybersecurity conditions. In his remarks, AI was described as a tool that can speed up exploit activity but also help defend against it. He added that the wider industry should respond with vigilance, urgency, and cooperation.
NEAR co-founder @ilblackdragon said on X that funds previously stolen from NEAR Intents were recovered, with the effort driven mainly by SHIELD, the AI security layer on Intents, as well as investigative work.
He said the Intents team identified the responsible party in less than 24 hours after the hack and established communication, before fully recovering the funds at 14:30 UTC.
@ilblackdragon also said NEAR will continue to strengthen its security systems as cybersecurity conditions keep changing. AI may accelerate exploit activity, he said, but it can also help defend against those exploits. He called on the industry to respond with vigilance, urgency, and cooperation.
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