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In addition to launching on Ethereum, Umbrella Network is building a cross-chain bridge to Binance Smart Chain.

<p><span>Umbrella Network&nbsp;</span><span>(</span><a target="_blank" href="https://www.umb.network/"><span>https://www.umb.network/</span></a><span>), the decentralized Layer-2 oracle solution, announced today its launch on the Ethereum blockchain. It will also be releasing an in-house bridge solution for cross-chain transactions between Ethereum and Binance Smart Chain.&nbsp;</span></p>

Umbrella Network Defects Ethereum Network for Binance Smart Chain (BSC) due to Scalability and Cost Issues 8 hours ago by Steve Muchoki · 3 min read Photo: Pixabay You have successfully joined our subscriber list. The Umbrella Network aims to attract more retail and professional validators on its oracle to scale its business to the global market. Umbrella Network, a decentralized oracle service providing low-cost, scalable, and secure solutions for smart contracts, has defected its long-time partner Ethereum network over cost and scalability issues and joined Binance Smart Chain (BSC). Ac...

Contact: AscendEX, Source: AscendEX Photo: AscendEX AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the staking of the Umbrella token (UMB) on Apr 26  at 2:00 p.m. UTC. AscendEX’s innovative staking product allows users to participate in staking and earn rewards directly on the platform.  Umbrella Network joins a growing portfolio of notable tokens including  DOT, ATOM, and XTZ. AscendEX will be receiving validator rewards by running a UMB node which they will pass along to staking users. Umbrel...

Popular projects migrate to Polygon Following the early February announcement that the Matic Network would be rebrand to Polygon as part of its effort to become the go-to L2 aggregator for the Ethereum network, the protocol has seen a significant increase in user and project adoption. Polygon, the top #ethereum layer 2 is going nuts! Integrations with Aave, Pooltogether, Sushiswap, Open Sea, Curve Finance, Decentraland, and loads of other big #defi applications. TVL on Aave on Polygon nearing 1 billion. $matic undervalued— Lark Davis (@TheCryptoLark) April 25, 2021 Since the rebrand, mul...