No menu items!

Umbrella to List UMB Token With BitMax – Press release Bitcoin News

– Press release

PRESS RELEASE. (, a leading digital asset trading platform developed by Wall Street quantum trading veterans, announced on 10… March at 9:00 am, the UMB tokens (UMB) quote on the UMB/USDT trading pair. EST.

The Umbrella Network is a public, decentralized oracle service that provides secure, cost-effective and massively scalable data communication solutions for blockchain and decentralized finance (DeFi) applications. The proprietary UMB token is used to manage and reward liquidity in the delegated proof of stake system.

Umbrella provides access to data previously unavailable to blockchain developers in several segments, including medium- and long-range asset encryption and real financial data. Current oracle solutions force users to make trade-offs between data security and data timeliness/viability. With Ambrella, developers can have it both ways.

Several Oracle projects have recently joined the crypto-currency ecosystem, but many are still in their infancy, with minimal product development and viable business models. Umbrella Network aims to become the third viable product on the market, after market leaders Chainlink and Band Protocol.

via, launched in August 2018, is a leading digital asset trading platform that offers a wide range of financial products and services for individuals and institutions, with a robust design that includes cash and margin trading, derivatives trading, steak products and other investment solutions.

For more information and updates, please visit the website:





On screen

Umbrella Network is Oracle’s Layer 2 technology that delivers data at a frequency, volume and price that enables DeFi at scale. Umbrella has a strong combination of an experienced technical and business team, respected and influential investors, key thinkers, social media presence and existing traction in partnerships and product development. In short, Umbrella is well positioned to become a major player in the development of DeFi in the coming years.





This is a press release. Readers should do their own due diligence before taking any action regarding the advertised company or any of its subsidiaries or services. shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any such content, goods or services mentioned in the press release.

Photo credit: Shutterstock, Pixabay, Wiki Commons

Related Tags:

bitcoin news today,new cryptocurrency,is bitcoin safe,how much are bitcoins worth,Privacy settings,How Search works

More from author

Related posts

Latest posts

Top 10 Crypto Stories of 2021 | Footprint Analytics Annual Report 2021

The cryptocurrency industry has come a long way in the last few years, and many of its most promising projects are still developing and...

The Rise of NFTs | Footprint Analytics Annual Report 2021

In the next five years, we expect to see continued growth of blockchain-powered digital assets and a major shift in how they are used....

Calamari Network Rolls Out Community Governance Measures As Decentralization Efforts Advance

The Calamari Network, a decentralized peer-to-peer digital content platform built on the EOS blockchain is announcing community governance measures designed to help achieve continued...