NEAR Co-founder Discusses Recovering Stolen Funds: AI Security Layer SHIELD on Intents Identifies the Hacker
1 hours ago
NEAR co-founder @ilblackdragon revealed on X that the stolen funds from NEAR Intents have been fully recovered, crediting the achievement primarily to SHIELD—Intents’ AI security layer—and proactive investigative work. The Intents team identified the responsible party, established communication, and recouped all funds at 14:30 UTC today, wrapping up the entire process in under 24 hours of the hack. @ilblackdragon added that NEAR will continuously strengthen its security systems to adapt to the evolving cybersecurity landscape. He noted that while AI can accelerate exploit development, it also aids in defending against threats, expressing hope that the entire crypto industry will respond with vigilance, embrace a shared sense of urgency, and collaborate collectively.
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