$UMA

recent +25.8% surge on Binance with $221 million in volume signals strong bullish momentum. The combination of high volume and tightening price action points to traders eyeing a potential breakout. UMA’s role as a decentralized optimistic oracle and synthetic asset platform gives it solid DeFi credibility, especially after consolidating below multi month resistance.

On the security front, bingx, a global crypto exchange and Web3 AI company, has launched the Shield Fund a $150 million self funded reserve to protect users from technical issues, vulnerabilities, and cyber threats. Unlike traditional insurance, the Shield Fund is always active and backed by ongoing audits and risk assessments, offering real-time protection and peace of mind.

Vivien Lin, b!ngx’s CPO, emphasized that the Shield Fund reflects the platform’s commitment to responsibility, transparency, and user first values. Building on its Proof of Reserve initiative, bingx continues to strengthen platform security and user trust with proactive safety measures designed for long term sustainability.