NEAR Falls 7% as Dispute Over Confidential Intents Privacy Escalates
- —NEAR trades at $4.888, down 7.08% in 24 hours after a 5% gain the prior day
- —Over 1 million NEAR is staked in NEAR AI; total staked is 596 million, or 46% of supply
- —Near Intents cumulative volume hit $35.6 billion, up 14.6x year over year
- —DFINITY's Dominic Williams flagged closed-source code and centralized nodes in Confidential Intents
Why it matters: Questions over NEAR's actual privacy and decentralization could erode trust in its AI infrastructure pitch and weigh on any price recovery.
Source: Blockmedia