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      NEAR Foundation Appoints Helius CEO Mert Mumtaz to Its Board

      PANews reported on October 15, citing The Block, that the NEAR Foundation has appointed Mert Mumtaz, CEO of Solana infrastructure company Helius, to its board, where he will participate in shaping product strategy, driving ecosystem growth, and governance work. Mumtaz was previously an early user of NEAR Intents. The NEAR Foundation stated that NEAR Intents' cumulative trading volume has exceeded $33 billion, and the total value locked (TVL) related to private transactions has surpassed $160 million. Previously, NEAR Intents suffered an attack of approximately $3.8 million in early October due to a vulnerability in its deposit and withdrawal infrastructure; the team said it has fixed the vulnerability and pledged full compensation.


      Source: PANews
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud