Umbrella Network launches on Ethereum with cross-chain bridge to BSC By Cointelegraph
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Service for decentralized OracleUmbrella Network launched officially on Friday. It will allow cross-chain transactions between Binance Smart Chain or BSC, the dominant smart contract platform, and Umbrella Network.
Umbrella Network developed the cross-chain bridge linking Ethereum and BSC. This underscores the necessity to transfer tokens between both networks. Cross-chain bridge allows users to farm and stake crypto tokens on any blockchain. Umbrella said it’s planning future cross-chain integration with Polygon, Solana, and Avalanche, though no timetable was given.
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