Algorand, the 26th biggest crypto by market cap, is trading for $0.994 with a…

The post Algorand is up 7%, about to break $1: here’s where to buy Algorand appeared first on Coin Journal.

Coinbase, the largest U.S. cryptocurrency exchange, said on Tuesday to launch a pilot program in Mexico, allowing crypto investors to cash out cryptocurrencies in Pesos in Mexico. (Read More)

Inanunsyo ngayong araw ng Manchester United ang kanilang landmark na multi-year partnership kasama ang Tezos, ang isa sa pinaka-advance at

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Even as Cardano‘s much-hyped decentralized exchange (DEX) SundaeSwap suffered a patchy launch last month, a resurgence in its popularity has also been marked by an expansion of the protocol’s ecosystem. With its Initial Stake Offering (ISO) coming to an end this week, albeit not in the manner expected, the DEX has now introduced a unique […]

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 11^th, 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, 24^th 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 - [email protected] 

“As the Web3 ecosystem develops, Ledger is looking to provide more utility to its users. We have started developing secure services to complement our world-class Ledger hardware devices. Today, we are the world’s most secure way to protect your digital assets from hackers and scammers. In the future, we will also protect the individuals using […]

Back in August 2021, we announced that Request Finance’s fast and simple app to generate, track, and pay invoices was made available to the rapidly expanding community of users transacting on Fantom. “We’re delighted to report that the use of the Request Finance app has scaled with Fantom, which has been one of the fastest growing protocols in the industry”, said Christophe Fonteneau, Head of Business Development and Partnerships at Request Finance. Since Request’s launch on Fantom at the end of August last year, the number of unique Fantom wallet addresses has grown 440% to reach 1.9 Million. Total value

The post Request Finance Grows on the Fantom Network first appeared on Bitcoins In Ireland.

Find someone who appreciates you as much as Mark Cuban appreciates Ethereum. Mark Cuban is a big fan of Ethereum, as the billionaire investor recently disclosed in an interview with Crypto Banter that he has contributed massively to Ethereum (ETH) and Polygon (MATIC). Cuban is well-known for being one of the public figures that are [...]

The post Mark Cuban Unveils Two of His Largest Altcoin Investments, Calls For Viral Crypto App appeared first on Blockonomi.

Bitcoin‘s price appreciation went for a toss earlier today when the top cryptocurrency hit a weekly low of $41,700. While most of this volatility can be attributed to new inflation-related comments by the Federal Reserve, some are fearing that resistance may be stronger this time around. However, top investment management firm Fidelity has continued to […]

Stader Labs is working on an implementation that will bring Liquid Staking Pools to…

The post Fantom CEO Kong: Stader Labs’s integration will help drive ecosystem growth appeared first on Coin Journal.

This year’s cryptocurrency markets have seen a lot of activity. The first surge in the price of bitcoin attracted new investors, who in turn pushed the market to new highs. Cardano is a proof-of-stake blockchain with smart contract capabilities that is open source. Thus, developers can create decentralized apps and make them worldwide accessible via...

The post Description of Cardano and ADA: Why is it important? appeared first on Cryptoverze.

Theta Network has announced it is offering NFTs digital collectibles to commemorate the launch of Samsung’s new flagship device models, the Galaxy S22 and Tablet S8.