2023 is here and this year, Umbrella will keep on building to best position its oracle services in the market. We are happy to share our tech roadmap with you, a comprehensive plan outlining the development and implementation of new features of our oracle over the next few months. We…

With 2023 just started, Umbrella Network takes a step back to look at some of the achievements that were made in the past year. In spite of the many challenges that 2022 brought, it has still been a year of change and growth for Umbrella, with many milestones hit and…

Umbrella’s new Multichain smart contract is now live on AVAX. …

Background: Our current rewards programs (Hadley, Polar and Astro) distribute rewards in rUMB tokens (rUMB1, rUMB2, rUMB3, & rUMB4) and these can be eventually converted to UMB on a 1:1 basis. Proposed changes: By around February 2023, rUMB to be discontinued and all future staking programs to emit UMB as…

A look at the proposed solution. As the contagion of the FTX implosion continues to impact both the markets and more stakeholders in the space, other large players could be impacted in the near future. Will customers leave CEXs and go DeFi or will they even leave crypto for good? …

Umbrella announces that the project treasury is now decentralized and transitioned to a Multisig wallet managed by DAO Council. Since its inception, Umbrella has always looked towards community ownership and decentralization. We believe that a community-owned Oracle is not only possible, but essential to creating a truly decentralized ecosystem. Today…

Umbrella Network is pleased to announce a partnership with Devium— a web3 software development platform that provides, NFT licensing of source code for developers and many other things. Scope of the Partnership Through this partnership, we will explore the best ways to make Umbrella’s open source code available to Devium’s ecosystem. Developers will be…

Umbrella Network building a solution toward transparency. The recent FTX collapse has shaken the industry, and has put a spotlight on the need for organizations like Centralized Exchanges to be more transparent. Trust has been lost and must be restored. As stated by Binance CEO Changpeng Zhao, or CZ, a…

The Multichain smart contract is live on the BNB Chain. Blockchain technology is still in its early stages. Many blockchains have been created and many others are still in their building phase. In these development years it has been clear that all chains have their strengths and weaknesses. …