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.
