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Polymarket Targeted by Governance Attack: 'BornTooLate.Eth' Exploits UMA Oracle
Polymarket, a popular prediction market platform, has been hit by a governance attack orchestrated through UMA, its decentralized oracle service. An Ethereum wallet identified as ‘BornTooLate.Eth’ amassed a significant stake in UMA tokens, becoming a top-5 holder and wielding undue influence over the resolution of a Ukraine-related contract. This manipulation highlights the challenges of…
