News Snapshot:
While Coinbase Global should benefit from a big upgrade to the Ethereum blockchain network this week, there is a risk: The part of the business that stands to gain has already attracted scrutiny from regulators. Even though Bitcoin prices just surged past $30,000 for the first time since June, the attention of many crypto traders is on Ether the second-largest digital asset and the token underpinning the Ethereum blockchain network. Ethereum’s overhaul, known as the Shanghai upgrade, is the biggest change to the ecosystem since the Merge last year. In the Merge, Ethereum was transformed from an energy-intensive “proof of...
