UMA is a token of the synthetic asset creation protocol. The platform is designed for financial contracts and providing universal access to the market.

UMA news today, UMA crypto latest news of token ticker

1/ A group of whitehat hackers + the High Court of England and Wales worked together to recover hacked funds from the wormhole exploit.

While this recovery in isolation is "justice," it should be unsettling to DeFi champions to see how easy it was. https://t.co/iXw0gcVTYn

Soooo as much as I love the Wormhole hacker getting pwned, what I don’t love is that MakerDAO’s Oasis Automation has a backdoor that let them seize assets from a user based on a court order….

What happens when US courts demand they seize from US users in the future?

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1/ A group of whitehat hackers + the High Court of England and Wales worked together to recover hacked funds from the wormhole exploit.

While this recovery in isolation is "justice," it should be unsettling to DeFi champions to see how easy it was. https://t.co/iXw0gcVTYn

Soooo as much as I love the Wormhole hacker getting pwned, what I don’t love is that MakerDAO’s Oasis Automation has a backdoor that let them seize assets from a user based on a court order….

What happens when US courts demand they seize from US users in the future?