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How ethereum’s merge made crypto mining more sustainable
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How ethereum’s merge made crypto mining more sustainable

After years of anticipation, the cryptocurrency ethereum finally implemented a major network upgrade that completely changes how the blockchain verifies transactions, mints new coins and secures its network. Called proof-of-stake, this system has reduced ethereum’s energy consumption by more than 99%. Energy usage has been one of the cryptocurrency industry’s biggest targets for critique. But...

After the Merge, Ethereum Faces a Test of Its Ideals
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After the Merge, Ethereum Faces a Test of Its Ideals

Last month, the blockchain Ethereum celebrated the successful completion of the merge, a long-anticipated technical update. The merge made Ethereum far more environmentally sustainable and harder to hack, and it laid the groundwork for the network to scale toward mass adoption. But the merge has also brought at least one unintended consequence that critics argue...

Goldman Sachs plans major rejig, to merge trading and banking units
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Goldman Sachs plans major rejig, to merge trading and banking units

Goldman Sachs is planning a major reorganization as part of which its storied investment banking and trading businesses will be combined, while consumer banking will be absorbed by its wealth unit, the Wall Street Journal reported. The move comes as the Wall Street titan has sought to cut its reliance on volatile...

HDFC twins may merge a few months ahead of schedule: HDFC Bank CFO
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HDFC twins may merge a few months ahead of schedule: HDFC Bank CFO

The merger between HDFC Bank and HDFC Ltd may be completed a few months or a quarter before the previously communicated deadline, Srinivasan Vaidyanathan, chief financial officer, HDFC Bank said. “Maybe there is (scope of the merger being completed) a quarter or a few months early. We had previously indicated September –...

Kroger and Albertsons to merge in $24.6 billion deal
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Kroger and Albertsons to merge in $24.6 billion deal

Kroger, the nation’s largest supermarket chain, and rival Albertsons are merging in a deal that would value the combined company at $24.6 billion. Together, the companies will have more than 710,000 workers and operate nearly 5,000 stores, along with roughly 4,000 pharmacies. Kroger, based in Cincinnati, Ohio, operates 2,800 stores in 35 states, including brands...

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Kroger and Albertsons Announce Plan to Merge in $25 Billion Deal – The New York Times

Kroger and Albertsons Announce Plan to Merge in $25 Billion Deal  The New York Times Kroger Said to Be in Talks to Buy Rival Albertsons  Bloomberg Markets and Finance The Rise and Fall of Ocado: Middle-England’s Favorite Grocer Suffers Share Price Drop  Bloomberg Mariano’s, Jewel parents’ merger talks spark reader comments  Crain’s Chicago Business Albertsons merger with Kroger could...