Ethereum’s run as the decentralized cryptocurrency of choice may be ending. The rise in popularity of decentralized assets exposed a flaw in Ethereum’s system: It becomes more expensive to use the Ethereum blockchain simply because of how many people are making transactions. This is also a problem with non-fungible tokens (NFTs), by far Ethereum’s most popular use. Read More...
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Philip Morris and Altria Fall as Walmart to End Cigarette Sales in Some U.S. Stores
Shares of cigarette makers fell Monday as Walmart plans to end cigarette sales in some U.S. stores, The Wall Street Journal reported, citing people familiar with the matter. Cigarettes are being removed in various markets, including some stores inCalifornia, Florida, Arkansas and New Mexico, according to the people andstore visits, the Journal reported. Walmart (ticker: WMT), the world’s largest retailer in the U.S. and world, is removing tobacco products from select locations where it has decided to use the space more efficiently, a spokeswoman told the Journal.
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