Quick Take
- The financial value of NFT fraction (or shard) holders derives from the payout upon eventual reconstitution of the underlying NFTs
- Inflationary shard mechanisms provide cash flow to existing shard holders via periodic shard auctions
- Lottery-like mechanisms are the only approaches that enable shards to mathematically reflect the NFT valuation
The price of ether, the native cryptocurrency of the Ethereum network, has hit a new all-time high.
The post Ether price soars to new all-time high appeared first on The Block.
The price of ether, the native cryptocurrency of the Ethereum network, has hit a new all-time high.
The post Ether price soars to new all-time high appeared first on The Block.
The state securities regulator is going after a round of investment frauds, which is it also calling unregistered securities offerings.
The post New Jersey hits five crypto scams with cease and desist orders appeared first on The Block.
Mastercard moved to buy the crypto analytics firm CipherTrace in September, a purchase that the payments giant’s chief executive framed as a “massive services opportunity” during an earnings call Thursday.
The post Mastercard CEO cites ‘massive services opportunity’ following acquisition of crypto analytics firm appeared first on The Block.