NEARWEEK retweeted
$NEAR that was the low if bitcoin has bottomed. If you have a longer term view of this coin, it doesn't matter if you get in here or $4 or whenever; it's probably going to go to at least $10 before cycle is over.
NEARWEEK retweeted
Wait so $NEAR is getting FUD for stopping hackers from laundering funds stolen from Bitget?
somehow NEAR is not actually decentralized.
Context:
- Bitget suffers a massive wallet breach on September 24.
- $387.5M in affected funds.
- they try NEAR Intents to launder the money
According to NEAR's report:
$50M in suspected hacker-related flows attempted to use NEAR Intents
- $166K made it through
- $503K was stopped during execution
most of the remaining attempts were rejected before the swaps could be completed
NEAR publishes its report explaining how SHIELD, its risk-monitoring system, identified the suspicious activity.
Its position is pretty clear: “Permissionless doesn't mean neutral.”
NEAR Intents, NEAR’s base blockchain and Confidential Intents are three different things.
- SHIELD operates at the Intents execution layer.
It can refuse to quote a swap, reject suspicious flows or stop funds already inside an unfinished execution.
It cannot freeze someone’s entire Ethereum wallet or reverse transactions across every blockchain.
NEAR has been pushing Confidential Intents, which allows financial activity to be executed privately, with selective disclosure and risk screening.
That’s a very different privacy model from Monero or Zcash.
claiming NEAR can suddenly freeze every wallet on its blockchain because Intents rejected stolen funds is a pretty wild misunderstanding of the architecture.
What an industry.
IMO this is not a reason to FUD $NEAR
many false dichotomies around this
you can't reap the benefits of being "early" if you're not willing to stomach the path it requires
many new folks don't get how this works, so a rough explanation is in order, as cross-chain stuff often comes up in crypto
an imperfect but useful analogy: near intents is to near what hyperunit is to hyperliquid
that is, it is not the chain itself, but a cross-chain protocol that augments the chain -- you can think of it as a collection of bridges + some other shit. but it is not part of consensus
a cross-chain protocol, for all chains, will always have more trust assumptions than the underlying chain -- unit for example also has OFAC screening as does pretty much anything of this nature
(your favorite defi or trading app on any chain also almost certainly fits this and even some validators, with few exceptions)
this is almost always true for anything that's not the main chain itself, as most cross-chain protocols are generally secured by MPC networks (or multisigs) and MPC clusters are by definition smaller than core validator clusters
and this remains true of all connective tissue, e.g., recall how Arbitrum multisig froze the funds of NK hacker a few months ago
that of course did not affect the "moneyness" of Ethereum as that is Arbitrum and not ETH on Ethereum itself
same thing here
I am not aware of any system that can function much differently on risk parameters today (though I can think of a few who lie about it who get called out by zach every few months)
the aspiration of course is that over time MPC networks (or multisig governance in the case of rollups) get decentralized enough to reduce the concentration of influence and minimize it to only provable bug patches and asymptotically zero human judgement
that is fundamentally what you are underwriting
this is a big reason why Solana seeks to concentrate everything internally on a giant chain so that bridge trust risk is minimized (though in practice, this is only half the picture since for example RWAs fundamentally have control authority with the issuer itself, that's why USDT can be frozen on any chain)
so, there are three paths here:
i) you transact on the main chain itself with only the native asset of the chain, i.e ZEC on Zcash, BTC on Bitcoin, SOL on Solana
this is maximal risk reduction, but obviously limiting for anything beyond SoV or payments
ii) you do your bridging via CEXes
fine, but very large tradeoffs for asset selection, withdrawal/deposit limits, KYC, accessibility, privacy and you get way worse freezing/trust problems
iii) you do your bridging via crypto-native protocols that are relatively less decentralized than an entire blockchain itself but are improving security and decentralization constantly, especially against CEXes
for crypto to become a truly planetary economy, iii) must work. this is not a choice, it's just a matter of who wins that segment
but the only way iii) can work is if such protocols survive long enough to not get shut down by the feds because then the exchanges will default win and that aspirational future for crypto will be entirely lost
a valid criticism here is that this should have already been maximally decentralized already, but ofc that comes with its own tradeoffs like being too slow to patch bugs or add features in a relatively nascent stage
again, your job is underwriting the execution risk. and you must do so while understanding the parts at play
Crypto space really has a choice - grow the f up or get sidelined with random regulations.
Saying we can not do anything when we are programming decentralized system is just untrue.
Banks run AI for fraud detection but are inherently centralized and require KYC. At the same time KYC doesn't solve any of real problems as we know.
We have better data and talent to create systems that don't require KYC and actually deter criminals while giving full freedom to real users.
By working together we can totally weed out crypto of criminal activity. Criminal TAM is way smaller than all of economy moving onchain we are targeting.
Decentralization != disorganization
Now is probably a once in a decade window of opportunity for each and every team in the NEAR ecosystem to lock the fuck in and get things done.
We must outwork everyone, single-mindedly focused on making NEAR a top 10 crypto asset.
The tailwind will take care of the rest.
tldr - Bitget hackers tried to move >$50M through NEAR Intents and the NEAR Intents team swiftly coordinated to stop $49.83M from being laundered by the hackers.
NEAR Intents is not for unlawful actors. Accelerate.
I see NEAR in 5 out of 7 categories, must be doing something right 😌
okay, let me blow your mind quick…
blackrock just identified 7 narratives:
1: compute as money
the coins that will benefit from this are:
> $PRL
> $NOCK
2: agent payments for data and services
> $NEAR
> $ETH + rollups
> $LINK
3: machine readable assets & claims
> $ETH
> $LINK
> $NEAR
4: machine reserve
> $BTC
5: fast cheap rails
> $ETH via rollups
> $NEAR
> $SOL I guess as well
6: ai output and computer markets
> $ETH
> $LINK
> $NEAR
> $NOCK
> $PRL
> $TAO
7: verifiable private compute
> $NEAR
> $NOCK
> $PRL
> $TAO
do you suggest I look into anything else?
I’m happy to drop the full thesis on this as well into a clear research based article.
NEARWEEK retweeted
The latest @ASIMOV_Platform release lands a built-in `--jev=NOUL` output filter, enabling agentic harnesses such as Hermes to offload simple natural language postprocessing decisions to Jev, a System One model
Look ma, here just casually turning my LinkedIn network into JSON-LD linked data and then searching and filtering people using plain old English, zero LLMs involved! No autoregressive models were harmed in the making of this film
📦 ASIMOV Command-Line Interface (CLI) 25.6.0 has been released:
github.com/asimov-platform/a…
NEARWEEK retweeted
near
intents starting to get real traction + distribution, volume and fees should 40-50x from here in 3 years, near ai gets adopted, proven team that ships, fully unlocked supply, actual revenue -> buybacks, sits perfectly at the intersection of ai + privacy
NEARWEEK retweeted
NEAR is among the top tech growth assets in a new ranking from the Roundtable & the @TheStreet based on factors like team, traction, and innovation.
NEAR is the only blockchain project in the top 15, alongside major players in semiconductors and fintech. roundtable100.com/tab/rankin…
NEARWEEK retweeted
IronClaw v0.28 - IronClaw Reborn is now live.
We rebuilt the runtime from the ground up.
Now:
- Every tool call runs in isolation
- Every outbound action needs approval
- The host defines the rules, not the agent
- WeChat support added
- Thinking enabled for Ollama models
NEARWEEK retweeted
LIVE: NEAR Day At Consensus Miami xitter.cf/i/broadcasts/1OxwblZVX…
NEARWEEK retweeted
The @NEARProtocol is becoming post-quantum-safe. See below for the roadmap to quantum safety, starting with adding a quantum-secure signing scheme in Q2.
We originally built the protocol with expectation cryptography will need to change due to progress in quantum computing. We knew there would be a need to expand the cryptography set, so NEAR allows multiple signing schemes by design and users will be able to use whichever one they prefer. We also design NEAR account model to not depend on any particular cryptography and allow to manage keys as "devices".
We’re proactively releasing the first quantum-safe signing scheme this spring, the first of many. Allowing wallets and partners to add support to it and users to secure their accounts early. We want to give users as much time as possible to rotate their keys in a proactive way and have piece of mind.
In parallel Near One is going to upgrade cryptography across secure the rest of the protocol. More to come on this, but I'm excited for these steps and I feel NEAR is well-positioned to lead in the quantum transition for our space.
NEARWEEK retweeted
Quantum computing is a threat to every blockchain protocol. NEAR's architecture already makes accounts and assets more quantum-secure than most chains.
The team is now adding post-quantum cryptography to secure NEAR and the wider Intents ecosystem.
Here's what's underway 🧵
NEARWEEK retweeted
IronClaw v0.27 - Security Release
Now live for self-hosted + hosted deployments
What’s new:
• Per-Endpoint Credential Scoping
• Sandboxed Job Credential Isolation
• Zip-Bomb Upload Protection
NEARWEEK retweeted
IronClaw is working to be the secure, private, and user owned iOS of agents.
























