Layer 2 network Base is exploring issuing a native network token, according to the network’s creator Jesse Pollak. “We’re going to be exploring a network token,” Pollak said at the BaseCamp event on Monday. “I will be up front with y’all, it’s early,” he added as he tapered expectations on when a token would be … Read more
Snail Games (SNAL), a publicly-traded video game studio, said on Tuesday that it is mulling the development of its own U.S. dollar stablecoin. The company is evaluating the technical, legal, and financial hurdles to issuing a proprietary stablecoin, according to a press release. To support the effort, Snail retained George Cao, founder of the crypto … Read more
Solana declined 3.36% over the past 24 hours, retreating from $155.69 to $150.81, according to CoinDesk Research’s technical analysis model, amid broader market pressures, even as institutional developments in Asia signal growing momentum for the blockchain, One of Japan’s most digitally progressive banks has launched a new initiative that could expand real-world applications for Solana’s … Read more