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Play2Rule is the name of the game

Reading Time: 3 minutes 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 launches eNASCAR College iRacing Series with NACE Starleague

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 […]

Pittsburgh Knights set to host over 200 esports events in 2022

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 […]

League of Legends’ Clash is back with its schedule for 2022

Riot Games is bringing League of Legends Clash back, giving casual and budding amateurs a chance to play in a tournament setting.

Click here to read the full article.

Filipino-led Chain Crisis Raises $2.5M of Pre-Seed Funding

The round was led by Solar Eco Fund with the participation of Cryptology Asset Group, Genblock Capital, Solanium Ventures, Evernew Capital, and other investors.

The post Filipino-led Chain Crisis Raises $2.5M of Pre-Seed Funding appeared first on BitPinas.

Umbria Network Releases Lowest-cost Avalanche Cross-chain Bridge

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: 

Narni Bridge – Cost: $2.43; transaction speed: 2 minutes and 42 seconds

AVAX official bridge - Cost $27.62; transaction speed: 10 minutes and 34 seconds 

View the comparison video demonstration here.   


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 bridge as a single asset to 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.” 


Join Umbria's AVAX Twitter Space on Thursday, 24th February at 5pm UTC to find out more:  https://twitter.com/i/spaces/1OdJrBYZaDnJX

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/

- Ends –


See the latest data on UMBR on CoinMarketCap and CoinGecko:

https://coinmarketcap.com/currencies/umbria-network/news/

https://www.coingecko.com/en/coins/umbria-network


About Umbria

https://umbria.network/

https://bridge.umbria.network/


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:

  1. A Cross-chain Asset Bridge: enables the fast and cheap transfer of assets between otherwise incompatible blockchains and cryptocurrency networks.
  2. A Staking Pool: users can earn interest on their crypto assets by providing liquidity to the Narni bridge 
  3. 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.

For media enquiries, contact Francesca De Franco - francesca@onlineblockchain.io 

Pentagon to rein in defense and aerospace industry mergers

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 post Pentagon to rein in defense and aerospace industry mergers appeared first on SpaceNews.

Lynx Air’s network continues to bloom as it adds Victoria, BC as its sixth destination

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…

Is Medical Marijuana Tax Deductible? IRS Provides Clarity

Is Medical Marijuana Tax Deductible? IRS Provides Clarity

With tax season upon us, confusion over whether medical marijuana is tax-deductible has come up.

The post Is Medical Marijuana Tax Deductible? IRS Provides Clarity appeared first on The Fresh Toast.

India Revises COVID-19 Travel Guidelines for International Passengers

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 […]

Airlink to return to St. Helena on March 26

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. […]

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