<ul><li>Coinbase now controls over 11% of all staked ETH, solidifying its position as a major player in Ethereum staking.</li><li>Coinbase operates 120,000 validators contributing to the security and decentralization of the Ethereum ecosystem.</li><li>Coinbase has strategically distributed its validators across multiple global regions and utilizes two cloud providers for reliability and redundancy.</li><li>Concerns are raised about the potential centralization risks associated with a single entity controlling a substantial portion of the network's staked ETH.</li></ul>

Ethereum Staking Update: Coinbase Now Controls Over 11% of Staked ETH

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