Umbrella continues to make headway in the cryptocurrency space. Fresh off the release of their roadmap, Umbrella expands its insurance fund to cover Litecoin losses, an industry first. Originally designed as an insured cryptocurrency to be mined alongside Litecoin using merged-mining (AuxPOW), Umbrella now looks to insure Litecoin. The Litecoin insurance beta opens in November to Umbrella members. Umbrella members are anyone holding 1 BTC worth of Umbrella-LTC (ULTC), board members included.