NEAR Foundation said on Thursday that it has appointed Helius CEO Mert Mumtaz to its Council, adding him to the foundation’s governing body. According to NS3.AI, Mumtaz will help shape product strategy, ecosystem growth and governance as NEAR advances its private onchain market vision.

The foundation also said NEAR Intents has processed more than $33 billion in all-time volume. Earlier this month, NEAR Intents suffered a $3.8 million exploit tied to a flaw in deposit and withdrawal infrastructure, and the team said it patched the vulnerability and pledged full compensation. Deposits and withdrawals across 11 blockchain networks were disrupted for an extended period.