🚨 Crypto Drama Alert! A rogue actor, BornTooLate.Eth, has stirred the pot in the crypto world by launching a governance attack on UMA, a decision-making oracle for Polymarket. Here's the scoop:
- BornTooLate.Eth amassed 1.3 million UMA tokens, becoming a top-5 governance staker.
- They used their influence to sway a Ukraine-themed contract to resolve 'yes,' despite no deal being signed.
- Surprisingly, the attack wasn't very profitable, with the biggest winner netting just $55,000.
- Polymarket isn't issuing refunds, labeling it a non-market failure.
What are your thoughts on this governance attack? 💬 Share below!