
In recent news, Polymarket was reportedly targeted in an 'unprecedented' governance attack by a UMA Whale, leading to a dispute over Bet Resolution. After this, the price of UMA coin experienced a significant fall, with its value reaching new lows after losing its support that lasted for 847 days. Regardless, the future might not be all bleak as Lightspark, a new feature introduces instant Bitcoin Lightning payments for US businesses.
Yellow Card has also partnered with Lightspark to activate UMA payments in Africa. Moreover, API3, BEAMX, and UMA appear set to steal the limelight in the crypto space on Binance today. Additionally, Polymarket appears to be seeking $50 million in funding, and it is considering using tokens as election bets increase.
On a positive note, EigenLayer, Polymarket, and UMA have been reported to collaborate on a Next-Generation Oracle System. There are also hints about the possibility of UMA Coin bouncing back after the recent fall in its price. Grayscale prediction for Q4 2024 indicates that top altcoins might outperform including the likes of Sui, Helium, and Optimism.
UMA Coin News Analytics from Wed, 18 Apr 2018 07:00:00 GMT to Wed, 26 Mar 2025 17:18:20 GMT - Rating 2 - Innovation 6 - Information 5 - Rumor 5