Shark Tank star Mark Cuban recently aired his thoughts on Ethereum’s upcoming “Merge” upgrade. He pointed out how Ethereum’s utility as a smart contract platform and as a deflationary asset are at odds. In an interview with Altcoin Daily on Sunday, Cuban explained that there is an inverse relationship between deflation and utilization of Ethereum. “If utilization goes up, and the value of a token goes up, then the cost to do something goes up,” he explained. “So you have…
Tag: U.S
Sports Blockchain Firm, Chiliz Set For U.S Expansion With $50 Million Investment Fund
Blockchain sports platform Chiliz has revealed that it will invest $50 million as part of its expansion plans to the United States. This development represents a significant step for Chiliz as it looks to maintain its growing dominance in the sports-based NFT market. Major expansion Chiliz revealed this latest development today in a press release on Us news outlet, Reuters. The blockchain firm will also be opening an office in New York to expand in the U.S. Chiliz also stated that it…
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