Reading Time: 3minutes Another article in our series of major players on the WAX Blockchain, this time with David Lee Money, social team manager with Alien Worlds. It’s David’s job to make sure all the social channels supporting Alien Worlds are staffed 24×7 to provide support for the players. “And to create the […]
NASCAR has joined forces with collegiate esports league NACE Starleague to launch the eNASCAR College iRacing Series. The series is open to over 500 colleges and universities across North America, with aspiring drivers competing for a chance to earn a share of $50,000 (£~36,859) in scholarships. RELATED: eNASCAR announces new partners and five-race schedule In addition, the […]
North American esports organisation Pittsburgh Knights has announced plans to host over 200 esports tournaments in 2022, featuring events in Rocket League, VALORANT and Apex Legends. These tournaments will be produced and broadcast by Knights Arena, the esports organisation’s events arm. RELATED: Pittsburgh Knights partners with Zippo On the larger end of the spectrum, the Knights […]
The round was led by Solar Eco Fund with the participation of Cryptology Asset Group, Genblock Capital, Solanium Ventures, Evernew Capital, and other investors.
Umbria ($UMBR) is pleased to announce the full public launch of its highly anticipated Avalanche (AVAX) bridge ahead of schedule.
Users of Umbria's Narni liquidity bridge - bridge.umbria.network - can now move their Ether (ETH) between the Ethereum Mainnet and the Avalanche network quickly, easily and cheaply; approximately 90% less than the official AVAX bridging solution. Comparison testing of the two bridges for sending 0.01 ETH from the Ethereum network to the Avalanche network (February 11th, 2022) provided the following results:
The Narni bridge already provides the fastest and cheapest bridging from the Ethereum network to the Polygon network and Binance Smart Chain (and vice versa) and will shortly be adding Fantom. A further eight bridges for EVM-compatible chains are planned in 2022 as per the Umbria roadmap. In addition to transferring assets between these networks, users can provide liquidity to the bridgeas a single assetto earn high APY with no impermanent loss. Whenever a participant bridges assets between two cryptocurrency networks using Narni, the liquidity providers receive a share of a 0.2% fee in the native crypto/token they supplied - bridge.umbria.network/pool.
“Onboarding new crypto users to Avalanche can be difficult due to the technical challenges and knowledge required, the lengthy transaction times and the prohibitive costs. Our bridging protocol removes these barriers, which ultimately increases access to Avalanche projects from Ethereum,” said Barney Chambers, co-lead developer and founder of Umbria Network. “We're looking forward to introducing an even wider audience to the Umbria ecosystem and are excited to be moving ever closer to being the hub for the cheapest and fastest cross-chain transactions.”
Umbria is looking to reach out to projects on AVAX that would benefit from cheap and fast bridging. Any parties interested in a partnership should fill out the Partnership Contact Request form: https://partner.umbria.network/
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See the latest data on UMBR on CoinMarketCap and CoinGecko:
Operating within the DeFi and NFT space, Umbria Network enables anyone to migrate cryptocurrency assets across chain cheaply and quickly and earn high APYs on those assets with no impermanent loss.
Umbria's flagship Narni cross-chain bridge is solving current blockchain interoperability issues. Narni removes the difficulty and expense of moving assets between blockchains and is the fastest and cheapest cross-chain liquidity bridge between the Ethereum and Polygon networks. Narni eliminates the barriers to entry for engaging with DeFi applications and NFTs making them much more accessible to a wider audience.
The Umbria ecosystem, built on Polygon, has three major protocols:
A Cross-chain Asset Bridge: enables the fast and cheap transfer of assets between otherwise incompatible blockchains and cryptocurrency networks.
A Staking Pool: users can earn interest on their crypto assets by providing liquidity to the Narni bridge
A Decentralised Exchange (DEX): an automated liquidity protocol powered by a constant product formula, deployed using smart contracts and governed entirely on-chain. Provides fast and cheap token swapping
UK-publicly listed Online Blockchain plc (LSE: OBC) acts as Umbria's coordinator, administrator and advisor. This provides a level of transparency rare in the DeFi space.
The Defense Department in a report released Feb. 15 says it will “strengthen oversight” of industry mergers amid concerns that corporate consolidation is undermining U.S. competitiveness.
The ultra-affordable airline adds “The City of Gardens” to its network and has also announced a new route between Toronto and Winnipeg CALGARY, Alberta, Feb. 15, 2022 (GLOBE NEWSWIRE) — Today, Canada’s new ultra-affordable airline, Lynx Air (Lynx), is continuing…
Providing considerable relief to the international passengers arriving in India, the Ministry of Health and Family Welfare has revised the COVID-19 guideline for the country that comes into effect from today. International travellers arriving in India do not require to […]
The scheduled Airlink service will recommence on Saturday, March 26, 2022, with fortnightly flights between Johannesburg and St Helena and the monthly inter-Island service with Ascension Island. Additional inter-Island flights have been included during periods of peak demand. The Airlink flight schedule between March 2022 and January 2023 can be seen below: Flight No. […]