NEAR Foundation Appoints Helius CEO Mert Mumtaz to Council

Odaily News: The NEAR Foundation has appointed Mert Mumtaz, CEO of Solana infrastructure company Helius, to its council, where he will participate in shaping product strategy, driving ecosystem growth, and governance efforts. Mumtaz was previously an early user of NEAR Intents. The NEAR Foundation stated that NEAR Intents has accumulated over $33 billion in total transaction volume, with total value locked (TVL) related to privacy transactions exceeding $160 million. Previously, in early October, NEAR Intents suffered an attack of approximately $3.8 million due to a vulnerability in its deposit and withdrawal infrastructure. The team stated that the vulnerability has been fixed and has committed to full compensation. (The Block)