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Why Ethereum’s ‘Merge’ could boost Coinbase stock

Staking could bring Coinbase $176m in revenue each year, according to analysts, as Ethereum prepares to change its model

Between a digital asset crash and increasing competition for a dwindling number of investors, it has been a tough year for trading platform Coinbase Global. An update to one of crypto’s key networks could be good news the stock dearly needs.

Anticipation is building for Ethereum’s “Merge”, a process that will fundamentally change the blockchain network that underpins ether, the second-largest crypto after bitcoin. Expected to start on 6 September and finish by 20 September, the Merge will change how Ethereum is secured and, in the process, slash the network’s intensive carbon footprint and reduce the supply of ether — both of which are expected to support prices.

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Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump