HEX

File: D:/hMailServer/Data/showfile.com/admin/41/{41E003D9-BD83-426B-B325-A6590FD85C02}.eml
Content-Type: multipart/alternative; boundary="----=_Part_8545_1197629907.1647428793396"
Date: Wed, 16 Mar 2022 11:06:33 +0000
Feedback-Id: 1.us-east-1.TQLiVf/rBjClwRiRLqnvdJT2gxVOHcgDf6Da6aS84zo=:AmazonSES
From: Coinbase Bytes <newsletter@mail.coinbase.com>
Message-ID: <0100017f926874bd-e234f09b-9260-4c41-aaf5-6468756dabac-000000@email.amazonses.com>
Mime-Version: 1.0
Reply-To: newsletter@mail.coinbase.com
Subject: Inside the biggest NFT merger ever
To: Vincent <vince@showfile.com>

------=_Part_8545_1197629907.1647428793396
Content-Type: text/plain; charset=UTF-8
Content-Transfer-Encoding: quoted-printable

Coinbase Bytes The story behind CryptoPunks joining Bored Ape Yacht Club=E2=
=80=99s=20
parent company, and what it means for digital ownership. View in browser=20
<https://links.coinbase.com/e/evib?_t=3D3aca56371967418192255878e9689713&_m=
=3D1a5bef08f80144bb8695d7319209939d&_e=3DGlrpBGcPalp8Ew4s8xjx6WOhB0OiFu_nW-=
1Yb_75FWhkif0pwhqqUuX9XS9dxuAh-t6YwfYQ7vTgtE0rX68xwknJkWao5q1OoSkdNU55mwdQ_=
xnzamuP1Jd5nh177QqBG_7FD7V_Tsx7azWyUbP86w%3D%3D>
 <https://coinbase.com>=20
 16-Mar-2022=20
 <https://coinbase.com/>=20
Welcome to the club. Yuga Labs, the developers of Bored Ape Yacht Club,=20
purchased intellectual property rights of the pioneering CryptoPunks collec=
tion=20
in a major NFT merger. [Image via Yuga Labs]

What=E2=80=99s up? It=E2=80=99s Coinbase Bytes

There=E2=80=99s never a dull moment on the blockchain. Here=E2=80=99s what =
you need to know=20
this week:

 * The crypto market faces tests on three fronts. How inflation, regulation=
,=20
and the war in Ukraine are factoring in right now.=20
 * Two massively popular NFT collections joined forces. Bored Ape Yacht Clu=
b=E2=80=99s=20
parent company bought creative rights to CryptoPunks in a blockbuster deal.=
=20
 * The week in numbers. The number of Solana NFTs that Mila Kunis is launch=
ing=20
for her new show, and other key figures to know this week.=20




Bitcoin

 =C2=A330,856.19=20

 -4.13%=20
 <https://coinbase.com/price/bitcoin?bytes_title=3Dbitcoin>=20

Ethereum

 =C2=A32,048.07=20

 -1.95%=20
 <https://coinbase.com/price/ethereum?bytes_title=3Dethereum>=20


Cardano

 =C2=A30.62=20

 -4.32%=20
 <https://coinbase.com/price/cardano?bytes_title=3Dcardano>=20

Solana

 =C2=A364.06=20

 -4.53%=20
 <https://coinbase.com/price/solana?bytes_title=3Dsolana>=20


Avalanche

 =C2=A353.97=20

 -9.88%=20
 <https://coinbase.com/price/avalanche?bytes_title=3Davalanche>=20

Polkadot

 =C2=A313.88=20

 +2.13%=20
 <https://coinbase.com/price/polkadot?bytes_title=3Dpolkadot>=20


Bitcoin

 =C2=A330,856.19=20

 -4.13%=20
 <https://coinbase.com/price/bitcoin?bytes_title=3Dbitcoin>=20

Ethereum

 =C2=A32,048.07=20

 -1.95%=20
 <https://coinbase.com/price/ethereum?bytes_title=3Dethereum>=20

Cardano

 =C2=A30.62=20

 -4.32%=20
 <https://coinbase.com/price/cardano?bytes_title=3Dcardano>=20


Solana

 =C2=A364.06=20

 -4.53%=20
 <https://coinbase.com/price/solana?bytes_title=3Dsolana>=20

Avalanche

 =C2=A353.97=20

 -9.88%=20
 <https://coinbase.com/price/avalanche?bytes_title=3Davalanche>=20

Polkadot

 =C2=A313.88=20

 +2.13%=20
 <https://coinbase.com/price/polkadot?bytes_title=3Dpolkadot>=20
Price changes are for the past week, ending on Mar 16, 2022 at 11:04 AM UTC
See the latest prices <https://coinbase.com/price>=20



 MARKET UPDATE=20

Inflation, Ukraine invasion rile markets, but positive signs for crypto=20
continue to emerge

In this week=E2=80=99s report, we=E2=80=99ve got some optimistic news again=
st a backdrop of=20
continued volatility =E2=80=94=C2=A0as markets of all kinds react to histor=
ically high=20
inflation, Russia=E2=80=99s invasion of Ukraine, and the Federal Reserve=E2=
=80=99slikely=20
decision=20
<https://www.cnbc.com/2022/03/14/heres-everything-the-fed-is-expected-to-do=
-at-its-meeting-this-week.html>
 to finally begin raising interest rates this week. So what=E2=80=99s thego=
od news? It=20
ranges from signs of increasing regulatory clarity via President Biden=E2=
=80=99s recent=20
executive order and crypto=E2=80=99s ongoing role in supporting Ukraine to =
the EU=20
parliament voting against a Bitcoin mining ban and beyond. Let=E2=80=99s ta=
ke a closer=20
look.

 * Bitcoin was designed to be resistant to inflation=20
<https://www.coinbase.com/learn/crypto-basics/what-is-inflation>,=C2=A0henc=
e its=20
=E2=80=9Cdigital gold=E2=80=9D nickname =E2=80=94=C2=A0so why aren=E2=80=99=
t prices rising as U.S. inflation keeps=20
climbing?Last week, the U.S. Consumer Price Index reported=20
<https://www.nytimes.com/2022/03/10/business/economy/cpi-inflation-february=
-2022.html>
 a spike of 7.9% for the month of February =E2=80=94=C2=A0the highest numbe=
r in 40 years.=20
But Bitcoin, counter to the digital gold narrative, has beentrading more li=
ke a=20
tech stock=20
<https://www.reuters.com/business/futures-rise-hopes-ukraine-peace-talks-20=
22-03-14/>
 than a precious metal as the Federal Reserve prepares to raise interest ra=
tes=20
and wind down pandemic-era stimulus. As that pool ofeasy money=20
<https://www.wsj.com/articles/fed-grabs-the-markets-punch-bowl-11643235781>=
=20
dries up, speculative assets of all kinds (no matter how limited their supp=
ly)=20
are losing a major boost.=C2=A0=C2=A0=20
 * Russia=E2=80=99s invasion is further pressuring=20
<https://www.cnbc.com/2022/03/11/russia-ukraine-war-impact-on-shipping-port=
s-air-freight.html>
 markets,=C2=A0but crypto=E2=80=99s role in aiding Ukraine is a use-case th=
at may be=20
attracting users to the broader crypto industryas nearly $100 million has b=
een=20
fundraised=20
<https://www.coindesk.com/business/2022/03/09/ukraine-has-received-close-to=
-100-million-in-crypto-donations/>
 so far to supply Ukraine with fuel, food, and bulletproof vests. At the sa=
me=20
time, investors have been flocking to crypto funds and companies =E2=80=94 =
with around=20
$4.4 billion in investment over the last four weeks. AsReuters reports=20
<https://www.reuters.com/business/finance/investors-turn-crypto-funds-compa=
nies-russia-ukraine-crisis-escalates-2022-03-14/>
, "Global investors =E2=80=A6 seek exposure to a sector many believe could =
withstand=20
the fallout from the Russia-Ukraine conflict."=20
 * Crypto prices briefly rose following President Biden=E2=80=99s much-anti=
cipated=20
executive order=20
<https://www.whitehouse.gov/briefing-room/presidential-actions/2022/03/09/e=
xecutive-order-on-ensuring-responsible-development-of-digital-assets/>
 around crypto,which highlighted the need to =E2=80=9Creinforce United Stat=
es=20
leadership in the global financial system and in technological and economic=
=20
competitiveness=E2=80=9D while encouraging agencies to consider the best wa=
ys to=20
protect consumers. The order also urges the study and development of a U.S.=
=20
=E2=80=9Cdigital dollar=E2=80=9D (around 100 countries are exploring or pil=
oting similar=20
technology).=C2=A0=20
 * A number of states =E2=80=94 including Arizona, Colorado, and Wyoming =
=E2=80=94 are=20
pursuing their own laws=20
<https://www.npr.org/2022/03/10/1084166077/with-federal-rules-unclear-some-=
states-carve-their-own-path-on-cryptocurrencies>
 to promote crypto use. Further abroad, the European parliament rejected=20
<https://www.euronews.com/next/2022/03/14/europe-to-vote-on-limiting-pow-cr=
ypto-mining-used-by-bitcoin-and-ethereum>
 a proposal that could have banned Bitcoin, South Koreanselected=20
<https://decrypt.co/94773/south-korea-elects-pro-crypto-president> a pro-cr=
ypto=20
president who plans to overhaul =E2=80=9Cunreasonable=E2=80=9D regulations,=
 and Dubaipassed=20
<https://timesofindia.indiatimes.com/business/cryptocurrency/blockchain/dub=
ai-has-adopted-its-first-law-to-regulate-the-crypto-sector/articleshow/9019=
5143.cms>
 its first crypto law with the goal of creating the =E2=80=9Cbest business =
environment=20
in the world.=E2=80=9D=20


Why it matters=E2=80=A6 As we all grapple with historically high inflation,=
 there=E2=80=99s no=20
shortage of advice, including from the world=E2=80=99s richest human. Elon =
Musk=E2=80=99stake=20
<https://decrypt.co/95000/elon-musk-wont-sell-bitcoin-ethereum-doge-inflati=
on-concerns>
? =E2=80=9C[It] is generally better to own physical things like a home or s=
tock in=20
companies you think make good products, than dollars when inflation is high=
. I=20
still own & won=E2=80=99t sell my Bitcoin, Ethereum or Doge fwiw.=E2=80=9D =
Meanwhile, the=20
crypto constituency continues to grow: approximately40 million=20
<https://www.whitehouse.gov/briefing-room/statements-releases/2022/03/09/fa=
ct-sheet-president-biden-to-sign-executive-order-on-ensuring-responsible-in=
novation-in-digital-assets/#:~:text=3Dapproximately%2040%20million%20people=
>
 Americans have invested in, traded, or used cryptocurrencies. The presiden=
t=E2=80=99s=20
executive order recognized that reality =E2=80=94 and the key role crypto m=
ay play in=20
America=E2=80=99s financial future.
Learn more about inflation=20
<https://www.coinbase.com/learn/crypto-basics/what-is-inflation?src=3Dmarke=
tupdate_cta>



 MERGERS & ACQUISITIONS=20

Why Yuga Labs=E2=80=99 purchase of CryptoPunks is such a big deal

In a blockbuster move last week, Yuga Labs, developers of Bored Ape Yacht C=
lub,
purchased the intellectual property=20
<https://www.theverge.com/2022/3/11/22973394/bored-ape-yacht-club-cryptopun=
ks-meebits-nft>
 of the pioneering NFT collectible series CryptoPunks from its creators, La=
rva=20
Labs. The merging of two of the biggest collections in the NFT space is a=
=20
watershed moment that could foreshadow future NFT project acquisitions. It =
also=20
highlights the vastly different approaches major projects have taken in reg=
ards=20
to digital ownership. Let=E2=80=99s dive into what the acquisition might me=
an for the=20
future of NFTs.=C2=A0

 * The deal gives Yuga Labs ownership of the branding and logos for=20
CryptoPunks and Meebits,the two biggest projects to come out of Larva Labs.=
=20
While financial details of the deal weren=E2=80=99t disclosed, the two coll=
ections are=20
massively popular =E2=80=94 with more than $2.5 billion in combined seconda=
ry market=20
sales. Unlike many major collectible projects, neither CryptoPunks nor Meeb=
its=20
earned Larva Labs royalties on secondary market sales, but Yuga Labs says i=
t has
no plans=20
<https://www.theverge.com/2022/3/11/22973394/bored-ape-yacht-club-cryptopun=
ks-meebits-nft>
 to introduce royalties or the =E2=80=9Cmembership club=E2=80=9D model that=
 has defined BAYC.=20
 * In a major shift, CryptoPunk holders, which include stars like Serena=20
Williams and Jay-Z, now own their Punks=E2=80=99 IP =E2=80=94=C2=A0a perklo=
ng offered to BAYC=20
collectors=20
<https://www.fastcompany.com/90706534/the-bored-ape-yacht-club-apes-into-ho=
llywood>
(Meebits holders get the same rights). What might that look like? BAYC memb=
ers=20
have cashed in on their IP rights in a wide variety of ways. While Yuga Lab=
s=20
owns the commercial rights to the overall BAYC branding, individual owners =
have=20
put their NFTs to work as the faces of a wide-range of projects. The band
Kingship=20
<https://www.coinbase.com/bytes/archive/bitcoin-reacts-to-record-inflation>=
,=20
for example, which signed to Universal Music Group=E2=80=99s =E2=80=9Cmetav=
erse label,=E2=80=9D is made=20
up of four BAYC avatars, a concept that has been compared to the virtual ba=
nd,=20
Gorillaz. Other holders have used their avatars to help market products ran=
ging=20
fromIPAs <https://twitter.com/jay345678912/status/1436815233469894658> and=
=20
cannabis=20
<https://www.theverge.com/2022/2/11/22925408/bored-ape-yacht-club-cannabis-=
copyright>
 tocomic strips <https://www.instagram.com/hippiesushichef/>.=C2=A0=20
 * Despite having signed a deal=20
<https://www.hollywoodreporter.com/business/digital/uta-cryptopunks-nft-fil=
m-tv-vieo-games-1235005392/>
 with top Hollywood agency UTA, CryptoPunks has largely been dormant,=20
especially when compared to BAYC =E2=80=94 which is famous for throwing exc=
lusive=20
parties, scoring majormagazine covers=20
<https://www.rollingstone.com/culture/culture-news/bayc-bored-ape-yacht-clu=
b-nft-interview-1250461/>
, and even working on aplay-to-earn game=20
<https://nftnow.com/news/bored-ape-yacht-club-play-to-earn-nft-game>. In a=
=20
statement, the founders of Larva Labs admitted that their hands-off approac=
h
might not have been ideal=20
<https://twitter.com/larvalabs/status/1502421714365562887> =E2=80=94=C2=A0a=
nd that=20
CryptoPunks and Meebits =E2=80=9Cnow need a steward with a different skill =
set in order=20
to continue growing.=E2=80=9D The differing approaches could be reflected i=
n the prices=20
of the projects =E2=80=93 on Tuesday evening, BAYC had afloor price=20
<https://opensea.io/collection/boredapeyachtclub> of 89 ETH, while the chea=
pest=20
CryptoPunk <https://www.larvalabs.com/cryptopunks> was going for 67 ETH.=C2=
=A0=20
 * While prices for A-list projects like BAYC and CryptoPunks remain high, =
the=20
acquisition comes at a time when many fear the NFT market is cooling.In rec=
ent=20
weeks, theaverage selling price of NFTs=20
<https://www.ft.com/content/46349496-790a-4223-8c65-d6a0bde897bc> has falle=
n=20
48% from November highs. On OpenSea, the largest NFT marketplace, trading=
=20
volumes for March =E2=80=94 around $50 million so far =E2=80=94=C2=A0look t=
o be far off the track of=20
last month=E2=80=99s $248 million peak. The number of accounts buying and s=
elling NFTs=20
weekly has also dropped, from 380,000 in November to 194,000.=20


Why it matters=E2=80=A6 The positive reaction=20
<https://twitter.com/farokh/status/1502468985534627841> Yuga Labs has recei=
ved=20
for granting CryptoPunk owners the right to earn from their avatars is a si=
gn=20
of how highly customers of Web3 brands valuereal ownership of their virtual=
=20
property. The NFT brands that grantownership rights=20
<https://thedefiant.io/bored-apes-yacht-club-cryptopunks-copyright-fight/>,=
=20
like BAYC, Nouns, and CryptoToadz, will likely see deeper engagement from t=
heir=20
communities in the long-term than those that don=E2=80=99t, as commercial r=
ights=20
incentivizes NFT communities to innovate with and add value to the IP they =
own.
Learn NFT basics=20
<https://www.coinbase.com/learn/crypto-basics/what-are-nfts?src=3Dmergersac=
quisition_cta>
 <https://www.coinbase.com/earn?src=3Dearn_bytes>=20

 NUMBERS TO KNOW=20

$27 million

Capital that Magic Eden =E2=80=94 the largest Solana-based NFT marketplace =
=E2=80=94 raised=20
<https://www.theblockcrypto.com/linked/137702/solana-magic-eden-raises-nft-=
marketplace-funding>
 in a Series A funding round this week. Industry leader OpenSea, which isst=
ill=20
working=20
<https://decrypt.co/91220/opensea-solana-nfts-phantom-wallet-leaked-images>=
 on=20
Solana support, raised $300 million in January. (Solana is a popular=20
alternative to ETH, thanks largely to speedy transactions and low fees.)

10,000

Number of free Solana-based NFTs that are being released on Friday as part =
of=20
the rollout of a new wrestling-themed animated web series,The Gimmicks=20
<https://decrypt.co/94992/mila-kunis-studio-launches-solana-nft-animated-se=
ries-gimmicks>
 =E2=80=94 which is being co-produced by Mila Kunis=E2=80=99 Sixth Wall pro=
duction company.=20
Similar to the Kunis-producedStoner Cats <https://www.stonercats.com/> (whi=
ch=20
stars Chris Rock, Vitalik Buterin, and Kunis=E2=80=99 husband Ashton Kutche=
r, among=20
others), NFT holders will get to vote on plotlines.

20%

Percent of Shark Tank investor Kevin O=E2=80=99Leary=E2=80=99s portfolio de=
voted to crypto and=20
blockchain tech. O=E2=80=99Learytold CNBC=20
<https://www.cnbc.com/2022/03/11/kevin-oleary-20percent-of-my-portfolio-is-=
in-crypto.html>
 about a few of his positions: =E2=80=9CThe whole point is, you don=E2=80=
=99t know who is going=20
to win. Is Ethereum going to win? Is Solana going to win? Is it Helium, or =
is=20
it Avalanche? I own them all.=E2=80=9D
Learn about Solana=20
<https://www.coinbase.com/learn/crypto-basics/what-is-solana?src=3Dnumberst=
oknow_cta>



 TUNE IN=20

How can we measure crypto=E2=80=99s impact in Ukraine?

Since Russia=E2=80=99s invasion of Ukraine began nearly three weeks ago, cr=
ypto has=20
emerged as a crucial tool for funding the Ukrainian resistance and providin=
g=20
humanitarian aid. In the latest episode ofAround the Block=20
<https://www.coinbase.com/around-the-block>, host Justin Mart sits down wit=
h=20
Dr. Tom Robinson, co-founder and chief scientist at analytics firm Elliptic=
, to=20
discuss crypto=E2=80=99s ongoing role during the crisis, and how his compan=
y has been=20
able to provide detailed updates about the impact crypto is having in Ukrai=
ne.
Listen to Around The Block=20
<https://open.spotify.com/show/4QsMNyNEUDu62E3L1PSlWB?src=3Dtunein_cta>=20



 TOKEN TRIVIA=20

Which NFT artist created the Fidenza collection?

A Beeple=20
B Tyler Hobbs=20
C pplpleasr=20
D FEWOCiOUS=20
Find the answer at the end of the email.
Discover NFT artists=20
<https://www.coinbase.com/learn/crypto-basics/art-collectors-guide-to-nfts?=
src=3Dtokentrivia_cta>



 NOW TRADING ON COINBASE=20

GLM=20
GLM is an Ethereum token that allows users to pay or receive payment for=20
resources via the Golem protocol.
 <https://www.coinbase.com/price/golem?bytes_new=3Dgolem>=20
SNT=20
SNT is an Ethereum token that powers Status Network, a secure messaging app=
,=20
crypto wallet, and web3 browser.
 <https://www.coinbase.com/price/status?bytes_new=3Dstatus>=20
AIOZ=20
AIOZ is an Ethereum token that powers Aioz Network, a Layer 1 blockchain=20
enabling Ethereum and Cosmos interoperability.
 <https://www.coinbase.com/price/aioz-network?bytes_new=3Daioz-network>=20
AERGO=20
AERGO is an Ethereum token for the Aergo protocol, which aims to allow=20
enterprises and developers to design, build, and deploy blockchain applicat=
ions=20
on public or private networks.
 <https://www.coinbase.com/price/aergo?bytes_new=3Daergo>=20


Trivia answer

B Tyler Hobbs=20

 <https://itunes.apple.com/us/app/coinbase-bitcoin-wallet/id886427730?mt=3D=
8> =20
<https://play.google.com/store/apps/details?id=3Dcom.coinbase.android>=20
Disclaimer: This material is the property of Coinbase, Inc., its parent and=
=20
affiliates ("Coinbase"). The views and opinions expressed herein are those =
of=20
the author and do not necessarily reflect the views of Coinbase or its=20
employees and summarizes information and articles with respect to=20
cryptocurrencies or related topics that the author believes may be of inter=
est.=20
This material is for informational purposes only, and is not (i) an offer, =
or=20
solicitation of an offer, to invest in, or to buy or sell, any interests or=
=20
shares, or to participate in any investment or trading strategy, (ii) inten=
ded=20
to provide accounting, legal, or tax advice, or investment recommendations =
or=20
(iii) an official statement of Coinbase. No representation or warranty is m=
ade,=20
expressed or implied, with respect to the accuracy or completeness of the=
=20
information or to the future performance of any digital asset, financial=20
instrument or other market or economic measure. The information is believed=
 to=20
be current as of the date indicated on the materials. Recipients should con=
sult=20
their advisors before making any investment decision. Coinbase may have=20
financial interests in, or relationships with, some of the entities and/or=
=20
publications discussed or otherwise referenced in the materials. Certain li=
nks=20
that may be provided in the materials are provided for convenience and do n=
ot=20
imply Coinbase's endorsement, or approval of any third-party websites or th=
eir=20
content. Coinbase, Inc. is not registered or licensed in any capacity with =
the=20
U.S. Securities and Exchange Commission or the U.S. Commodity Futures Tradi=
ng=20
Commission.

 =C2=A9 Coinbase 2022=C2=A0| Coinbase Inc.
 248 3rd St #434 | Oakland, CA 94607 | US
 +1 (888) 908-7930

Unsubscribe=20
<https://links.coinbase.com/e/eh?_t=3D3aca56371967418192255878e9689713&_m=
=3D1a5bef08f80144bb8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPhDn_CDHlFveEx=
kSFYq7rWmqlAOI10lpQLbbpy2kdzfZc7qTpBJGQ80Jwr4O7O4bVKbkIYrCmJ5e-oXv_L02bG-2U=
lyfH5epQC8BYM8P6TYERo647s0KwGUCubrJ_0-PCiiKFmqhs4n9DswAiLrjQZZ_-K53uCoUNvks=
6PCH9lYEO4LGdLvzGeHRsDoT1dk9WfTAelQ0sCnnQrCyX5RR6EU343wevJXaechARXS5IT2tS0H=
KlKrwIRmeZ1A6RKlsFzbhDLfu5h5xb3aO_QD36Xbz4U2J7yyQ-_QKrW7z6yjglbLq0eLEB5kT_b=
WnRNKtPVIgooQulOlkVNC-yCj9vBXaivnDAgxgMaJPVCw4hbptOC8n4Dr8hDNLqodgYE05K1Sdq=
bPSX8TWyHMRBLU56ps%3D>
 from future editions of Coinbase Bytes.

------=_Part_8545_1197629907.1647428793396
Content-Type: text/html; charset=UTF-8
Content-Transfer-Encoding: quoted-printable

<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional //EN" "http://www=
.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns=3D"http://www.w=
3.org/1999/xhtml" xmlns:v=3D"urn:schemas-microsoft-com:vml" xmlns:o=3D"urn:=
schemas-microsoft-com:office:office"> <head> <!--[if gte mso 9]><xml><o:Off=
iceDocumentSettings><o:AllowPNG/><o:PixelsPerInch>96</o:PixelsPerInch></o:O=
fficeDocumentSettings></xml><![endif]--> <meta http-equiv=3D"Content-Type" =
content=3D"text/html; charset=3Dutf-8"> <meta name=3D"viewport" content=3D"=
width=3Ddevice-width"> <!--[if !mso]><!--> <meta http-equiv=3D"X-UA-Compati=
ble" content=3D"IE=3Dedge"> <!--<![endif]--> <title>Coinbase Bytes</title> =
<style id=3D"reset-style" type=3D"text/css">body,table,td,tr,p{font-family:=
Helvetica Neue,Helvetica,Arial,sans-serif}body{margin:0;padding:0}table,td,=
tr{vertical-align:top;border-collapse:collapse}*{line-height:inherit}a[x-ap=
ple-data-detectors=3D'true']{color:inherit!important;text-decoration:none!i=
mportant}a{color:#1957f5}</style> <style id=3D"media-query" type=3D"text/cs=
s">@media(max-width:590px){.cta_button{width:100%!important}.block-grid{wid=
th:100%!important;max-width:100%!important}.mobile_hide{min-height:0;max-he=
ight:0;max-width:0;display:none;overflow:hidden;font-size:0}.desktop_hide{d=
isplay:block!important;max-height:none!important}}</style> </head> <body st=
yle=3D"margin: 0;padding: 0;-webkit-text-size-adjust: 100%;background-color=
: #FFFFFF;font-family: Helvetica Neue, Helvetica, Arial, sans-serif;font-si=
ze: 16px;color: #0A0B0D;"><span style=3D"color:transparent;visibility:hidde=
n;display:none;opacity:0;height:0;width:0;font-size:0;">The story behind Cr=
yptoPunks joining Bored Ape Yacht Club=E2=80=99s parent company, and what i=
t means for digital ownership.</span><img src=3D"https://links.coinbase.com=
/e/eo?_t=3D3aca56371967418192255878e9689713&amp;_m=3D1a5bef08f80144bb8695d7=
319209939d&amp;_e=3DGlrpBGcPalp8Ew4s8xjx6WOhB0OiFu_nW-1Yb_75FWhkif0pwhqqUuX=
9XS9dxuAhxn59nMXEv2-6obZCPjCvVGswzDH692UFhvizdfv_ph8kWACWEaUWotHNILBz2ePcUS=
URY4FIhq2oTCmT4zuOG3hM1ArvKNTZZ97tpfPmDz5zZbktfQtlVMm0i2yUvaEzRfmFBeRigWn8s=
iyUz-RQgA%3D%3D" style=3D"border:0;width:1px;height:1px;border-width:0px!im=
portant;display:none!important;line-height:0!important;" width=3D"1" height=
=3D"1"/> <div id=3D"root" style=3D"min-width: 320px; background-color: #FFF=
FFF; width: 100%"> <div style=3D"min-width: 320px; max-width: 570px; overfl=
ow-wrap: break-word; word-break: break-word; margin: 0px auto;" class=3D"bl=
ock-grid"> <div style=3D"padding: 0px 10px 10px;"> <div style=3D"text-align=
: right; margin-bottom: 24px;"><a href=3D"https://links.coinbase.com/e/evib=
?_t=3D3aca56371967418192255878e9689713&_m=3D1a5bef08f80144bb8695d7319209939=
d&_e=3DGlrpBGcPalp8Ew4s8xjx6WOhB0OiFu_nW-1Yb_75FWhkif0pwhqqUuX9XS9dxuAh-t6Y=
wfYQ7vTgtE0rX68xwknJkWao5q1OoSkdNU55mwdQ_xnzamuP1Jd5nh177QqBG_7FD7V_Tsx7azW=
yUbP86w%3D%3D" target=3D"_blank" rel=3D"noopener noreferrer" style=3D"color=
: rgb(91, 97, 110); text-decoration: none; line-height: 1.5; font-size: 12p=
x;">View in browser</a></div> <div style=3D"margin-bottom: 20px;"> <table s=
tyle=3D"width: 100%;"> <tbody> <tr> <td style=3D"text-align: left; vertical=
-align: middle;"><a href=3D"https://links.coinbase.com/a/click?_t=3D3aca563=
71967418192255878e9689713&_m=3D1a5bef08f80144bb8695d7319209939d&_e=3DYp1Ao0=
BC6sy5WPuFPp4CPmuf3n9K8QHT3M4qOKqlvjSozTviYAZfb3EG57oJGLxUSNGSXFcAOYdOKvxz4=
z8zjEdTItIsb8D4NK9oSU_xfhWxGD-8nHgLBf9IGniF56-_uXb4BYc_Bj41hDes7E2qBfhNiCAe=
LlFGvvYuB6eDChjNxYR2RQIz3n8HjxfyfnN6pDJK3s8fxRgDPsaF-rrc-R7urUujeB5a12ii02v=
WIJG5V9dA_Rk6Sz46bZOkJnuYa1REDz3njhOe2kSjZx4pGZLerca52jzgSegl5VBQk7NCdNh0x6=
iCeckqHGkdLFtyunBKmh282XIwgRisJ6gxLd7LgdzUDWTGCejt_lvXsKyC74zpRMALeHi4yKeaZ=
iaR" title=3D"Coinbase Bytes" target=3D"_blank" rel=3D"noopener noreferrer"=
><img src=3D"https://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators=
/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9689713/cbyt=
es-4x.png" height=3D"36" style=3D"display: block; height: 36px;"></a></td> =
<td style=3D"text-align: right;"><p style=3D"font-size: 20px; color: rgb(10=
, 11, 1); margin: 10px 0px 0px;"> 16-Mar-2022 </p></td> </tr> </tbody> </ta=
ble> </div> <a href=3D"https://links.coinbase.com/a/click?_t=3D3aca56371967=
418192255878e9689713&_m=3D1a5bef08f80144bb8695d7319209939d&_e=3DYp1Ao0BC6sy=
5WPuFPp4CPsmu2HPUwAclQz8EHLfNI0a1AhoC3O07AdCWJo7txBd7rLnaSKGn2cM-p6hmycS1YR=
uS0Ow78MUfl9u_Zgo3dEbFDLzXVvdX_AAN2BLNFKD_J-P0BTN0aKFkB-5eGfjiZ0jKj5l_g1K-l=
XZabIhS048MdHssdTHZ-BN8n-Ygkt_xAIVC6z13jkqsWul8oAtaDJLjz0jXmLztuXsSLNU4I3_N=
JcqNY1GmFAQDi_rx_D05ybLcU3CeMi6dhEPNx4YYpr4rvNdje5RMiWowFFz2Jji4FklWPqdT8Wr=
oGDRTzMSe9Lq9osNUmRxKwUr31j1CUur00gTiJnDHarQ0m9HF3d8uLjt6BISbO7esfSqf9qf7" =
target=3D"_blank" rel=3D"noopener noreferrer"><img src=3D"https://images.ct=
fassets.net/q5ulk4bp65r7/4cZrJZ7tQdyrcQCnHprWFY/09c7a2d0c491ca1c587b17f93cd=
88fee/BAYC_Exterior2-min.jpg" width=3D"100%" style=3D"display: block; width=
: 100%;"></a> <p style=3D"margin: 16px 0px 0px; line-height: 1.5; word-brea=
k: break-word; font-size: 12px; color: rgb(91, 97, 110);">Welcome to the cl=
ub. Yuga Labs, the developers of Bored Ape Yacht Club, purchased intellectu=
al property rights of the pioneering CryptoPunks collection in a major NFT =
merger. [Image via Yuga Labs]</p> <p style=3D"margin: 48px 0px 16px; font-s=
ize: 32px; line-height: 1.26; word-break: break-word;"><strong>What=E2=80=
=99s up? It=E2=80=99s Coinbase Bytes</strong></p> <p style=3D"margin: 0px; =
line-height: 1.6; word-break: break-word;">There=E2=80=99s never a dull mom=
ent on the blockchain. Here=E2=80=99s what you need to know this week:</p> =
<!--[if mso]><ul style=3D"line-height:1.6;mso-line-height-alt:26px;"><![end=
if]--><!--[if !mso]><!-- --><ul style=3D"margin: 10px 0px; padding-left: 24=
px; line-height: 1.6;"><!--<![endif]--> <li style=3D"margin: 0px; padding: =
6px 0px;"><strong>The crypto market faces tests on three fronts. </strong>H=
ow inflation, regulation, and the war in Ukraine are factoring in right now=
.</li> <li style=3D"margin: 0px; padding: 6px 0px;"><strong>Two massively p=
opular NFT collections joined forces. </strong>Bored Ape Yacht Club=E2=80=
=99s parent company bought creative rights to CryptoPunks in a blockbuster =
deal.</li> <li style=3D"margin: 0px; padding: 6px 0px;"><strong>The week in=
 numbers. </strong>The number of Solana NFTs that Mila Kunis is launching f=
or her new show, and other key figures to know this week.</li> </ul> <p sty=
le=3D"margin: 0px; padding: 0px;"></p> <!--[if !mso]><!--> <div class=3D"de=
sktop_hide" style=3D"mso-hide:all;display:none;max-height:0;overflow:hidden=
;"> <table style=3D"width:100%;table-layout:fixed;margin:0;"> <tbody> <tr> =
<td style=3D"padding-top:40px;"> <a href=3D"https://links.coinbase.com/a/cl=
ick?_t=3D3aca56371967418192255878e9689713&_m=3D1a5bef08f80144bb8695d7319209=
939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPh6sLISKayXNVx4z770XLjhy77j7TTpl81sJ5PUKkIZZk=
q00HrvmyE4UI4BCuRjVVoY5RqQl7l92LCWohmWXZVg3JiDPgY3T5ZXmyHiIYm9FcX7qBl-E2us2=
BL3DBfSKO991tj1MjlWx_J0ub7f0JkPezw-6vZfiYMPD2C2xlrmKUVFaKkLmLeLGWS352BTGoLi=
Gs6tbhlQWS4FvsMfNZSLMXDs0MH6a4kKw7msgVpx9ybbWu3weOKlNvVitXy5BWPbxeJkyhEvGpR=
sY1vBJ-5d6MJMlpjE27Trl2uv7eybp4s8W6g4IGog9RJGpbgkUtFoNj8EzBSN1BZffknzl9Y0wC=
1tFvoyZYxRonsAZVgUKANE1weKswUU1TolqHVANulftTWceTZxlYIM6jG-FwCQ%3D" target=
=3D"_blank" style=3D"text-decoration:none;color:#0A0B0D;"> <table> <tbody> =
<tr> <td style=3D"padding:0;vertical-align:top;"> <img src=3D"https://d15k2=
d11r6t6rl.cloudfront.net/public/users/Integrators/669d5713-9b6a-46bb-bd7e-c=
542cff6dd6a/3aca56371967418192255878e9689713/down-arrow.png" style=3D"heigh=
t:12px;width:12px;margin:2px 0px 0px 0px;vertical-align:top;" height=3D"12"=
 width=3D"12"/> </td> <td style=3D"padding:0;vertical-align:top;"> <div sty=
le=3D"text-align:left;margin:0px 0px 0px 10px;line-height:1;"> <p style=3D"=
margin:0;"><strong>Bitcoin</strong></p> <p style=3D"margin:8px 0px;"> =C2=
=A330,856.19 </p> <p style=3D"margin:0;font-size:12px;"> -4.13% </p> </div>=
 </td> </tr> </tbody> </table> </a> </td> <td style=3D"padding-top:40px;"> =
<a href=3D"https://links.coinbase.com/a/click?_t=3D3aca56371967418192255878=
e9689713&_m=3D1a5bef08f80144bb8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPh6=
sLISKayXNVx4z770XLjgF8-G4Sv1uduE8V2ubh7v12It5hOWqHb5pkvjWUPqBWQ64IHDEv-ueRm=
JT1Mk8n35I1A6KD5ujBURZeNuBdGQChjnLBh-VE-FN9b5UJd51_zU2m-bLyzTrrq1U8PiXtvo7O=
usxTT24ycd92kSFpb6ZHQuvXJtb-8q-buXHXIElVeGgyRVUjJ0FKIVmPykjvxMBdQuDCSwIPYOD=
HqXOt3EA-t3o0sG3qY0_UVVCajLUc7RCWYDkig63V1WBSHjoOkCBH6BZsCW7d6MOI0QCvIF0w0X=
STaMgcsS0A5b5kO5K2X81DH1Q49YkA1eFy6cCBSwYvCo8uTUF3ikBT1Ldl7WYD_nj7qQzmQwnxO=
v68P-miZWpcSPnGD7XHE-MvxHRYfc%3D" target=3D"_blank" style=3D"text-decoratio=
n:none;color:#0A0B0D;"> <table> <tbody> <tr> <td style=3D"padding:0;vertica=
l-align:top;"> <img src=3D"https://d15k2d11r6t6rl.cloudfront.net/public/use=
rs/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca5637196741819225587=
8e9689713/down-arrow.png" style=3D"height:12px;width:12px;margin:2px 0px 0p=
x 0px;vertical-align:top;" height=3D"12" width=3D"12"/> </td> <td style=3D"=
padding:0;vertical-align:top;"> <div style=3D"text-align:left;margin:0px 0p=
x 0px 10px;line-height:1;"> <p style=3D"margin:0;"><strong>Ethereum</strong=
></p> <p style=3D"margin:8px 0px;"> =C2=A32,048.07 </p> <p style=3D"margin:=
0;font-size:12px;"> -1.95% </p> </div> </td> </tr> </tbody> </table> </a> <=
/td> </tr> <tr> <td style=3D"padding-top:20px;"> <a href=3D"https://links.c=
oinbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3D1a5bef08f801=
44bb8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPh6sLISKayXNVx4z770XLjjF0H69m=
UroV2JzFyZxyC-dOElrtmjLm9g8x0OpOpDTC4cHp1is0GhMWFvzycfLfmzzNN94KQb5HbKOZehv=
vgx0b0Z0k-K3jAJqAAa1axbb1Rv9ZS6z0LkZGKNbFwuX8JCZD7btf36DdouhLZhest8rGC-uZNA=
D6N-Wza6Xoohaz0MKSAMvRy3TA49-t9ic8jE4Bh-2H8wCKB0Zd52FjYAAS-21eEwZBw5Bk29Rq0=
EERSFdTrXPE5BpBDhxgcODTXMKzbpO2jOZVZazyZRbZJYSKWc-PBGUyXU-qe9GWLFCZBKFu0IOL=
UGoR97I469NLTB10neWoYcZjbOtdOT8Pv9SmxUbYXaNPF8-4Mr-HyYts5XqaUlsowZQvTLFBy-N=
iPU%3D" target=3D"_blank" style=3D"text-decoration:none;color:#0A0B0D;"> <t=
able> <tbody> <tr> <td style=3D"padding:0;vertical-align:top;"> <img src=3D=
"https://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/669d5713-9b=
6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9689713/down-arrow.png" =
style=3D"height:12px;width:12px;margin:2px 0px 0px 0px;vertical-align:top;"=
 height=3D"12" width=3D"12"/> </td> <td style=3D"padding:0;vertical-align:t=
op;"> <div style=3D"text-align:left;margin:0px 0px 0px 10px;line-height:1;"=
> <p style=3D"margin:0;"><strong>Cardano</strong></p> <p style=3D"margin:8p=
x 0px;"> =C2=A30.62 </p> <p style=3D"margin:0;font-size:12px;"> -4.32% </p>=
 </div> </td> </tr> </tbody> </table> </a> </td> <td style=3D"padding-top:2=
0px;"> <a href=3D"https://links.coinbase.com/a/click?_t=3D3aca5637196741819=
2255878e9689713&_m=3D1a5bef08f80144bb8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuF=
Pp4CPh6sLISKayXNVx4z770XLjj6uBm_QhjMWaA8yLkjvceZnb1CgYmioN8arW-iErEgHIxtxQl=
aP_1P3BplnwPkr5a4nTGzsm6yYXkGz09niL0awg52S1mtEUiMiTSkFPnWI1P7qBMbKZ-rNTqkg5=
V24SWidtLhZMDrVhuiQk-iEFQACFOeJq56bvtcG3wOIf_kVLLhbhYC0by9FxqbheCyjrIKzM3tn=
HCt3Wlc_B0w8GfjYdoSH9JDfvMYzGbX2Nt9fx09AuwbWtJXli0MmUcStz-DyuamOnP_JZnL1mNz=
cV10wLvxIXu7892IqsCdki7EqG6PjRm6Yz2Jk2VBAFEFWRJ13tijG8vjxvb6nwMWxoy3x5MZfsa=
hnyLvn53I-rOsrSL8Q738kYlxV6sRjnROgt4%3D" target=3D"_blank" style=3D"text-de=
coration:none;color:#0A0B0D;"> <table> <tbody> <tr> <td style=3D"padding:0;=
vertical-align:top;"> <img src=3D"https://d15k2d11r6t6rl.cloudfront.net/pub=
lic/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca563719674181=
92255878e9689713/down-arrow.png" style=3D"height:12px;width:12px;margin:2px=
 0px 0px 0px;vertical-align:top;" height=3D"12" width=3D"12"/> </td> <td st=
yle=3D"padding:0;vertical-align:top;"> <div style=3D"text-align:left;margin=
:0px 0px 0px 10px;line-height:1;"> <p style=3D"margin:0;"><strong>Solana</s=
trong></p> <p style=3D"margin:8px 0px;"> =C2=A364.06 </p> <p style=3D"margi=
n:0;font-size:12px;"> -4.53% </p> </div> </td> </tr> </tbody> </table> </a>=
 </td> </tr> <tr> <td style=3D"padding-top:20px;"> <a href=3D"https://links=
.coinbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3D1a5bef08f8=
0144bb8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPh6sLISKayXNVx4z770XLjhS2Bm=
SJxeMjrE60D6VOMJd3aHAYXYlywAsZ_cOTTgmQ-KaxH4OIuNFHXOJIruvjIeA37evHFxN40Ubtf=
yZb9unbdrAGfX_WMqSe9kA8nJoOBRfjUjmIRdALKNQMORTBsgmzXhg2J9KoOmXzvvfcpMUMb23n=
tkWi8FCTHynSZo2Ny-DX1B0zU64ybV6usTZfr9wRQXjyXLI66QG19bcMQB-B2oB4BoiqA9Ad6ZJ=
72CWW8lnjoB1z6onyUioS3drEwv665dZr9axLtdw8jgh_qnulbTLLosB72QWCKdYTQtsh6-xJg-=
H19XhzoL-mu3RIiKY1CsLgdCqPwrLMTNPeGoabwyx5bb53kkPjsTf6dk1i1gwF4oKVodbISLp-q=
ARSkA%3D" target=3D"_blank" style=3D"text-decoration:none;color:#0A0B0D;"> =
<table> <tbody> <tr> <td style=3D"padding:0;vertical-align:top;"> <img src=
=3D"https://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/669d5713=
-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9689713/down-arrow.pn=
g" style=3D"height:12px;width:12px;margin:2px 0px 0px 0px;vertical-align:to=
p;" height=3D"12" width=3D"12"/> </td> <td style=3D"padding:0;vertical-alig=
n:top;"> <div style=3D"text-align:left;margin:0px 0px 0px 10px;line-height:=
1;"> <p style=3D"margin:0;"><strong>Avalanche</strong></p> <p style=3D"marg=
in:8px 0px;"> =C2=A353.97 </p> <p style=3D"margin:0;font-size:12px;"> -9.88=
% </p> </div> </td> </tr> </tbody> </table> </a> </td> <td style=3D"padding=
-top:20px;"> <a href=3D"https://links.coinbase.com/a/click?_t=3D3aca5637196=
7418192255878e9689713&_m=3D1a5bef08f80144bb8695d7319209939d&_e=3DYp1Ao0BC6s=
y5WPuFPp4CPh6sLISKayXNVx4z770XLjjuwummB606OFvhSdv7OcpAiJIGkoGzDmcv3nBAiFvpf=
tdjY9er5zJvkAapTiLrxt_LV4_cyWAgJ_p9jW8vOeGB0S4zKHvBXCD-eaHQIVGSoG86_wnOKXiO=
n8boHV7qJc4kilJn_h-SKSuC9Z6i7Ja3mgmyAEqwqP0YY3Vw3uNTH9htDujRmnaUsyQ4afk8g1N=
HtwA4InETiTVl9U7tolk3Hp10DbkUrdS0RDRXDp9hw8KVlkFryEi2Je2mz3y20IZfvq8Sguo5J7=
o_xHD5IjWviaG_hnlOuLAgO5H9jW0LUXyGO_fcSJCFeqJyru4K4c59KEdy0WbmkhWgWBrCgq-Nf=
Ry1szt7HIhXEIB4JGF1y3tAktDH0gN3WWobg_-IYqI%3D" target=3D"_blank" style=3D"t=
ext-decoration:none;color:#0A0B0D;"> <table> <tbody> <tr> <td style=3D"padd=
ing:0;vertical-align:top;"> <img src=3D"https://d15k2d11r6t6rl.cloudfront.n=
et/public/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca563719=
67418192255878e9689713/up-arrow.png" style=3D"height:12px;width:12px;margin=
:2px 0px 0px 0px;vertical-align:top;" height=3D"12" width=3D"12"/> </td> <t=
d style=3D"padding:0;vertical-align:top;"> <div style=3D"text-align:left;ma=
rgin:0px 0px 0px 10px;line-height:1;"> <p style=3D"margin:0;"><strong>Polka=
dot</strong></p> <p style=3D"margin:8px 0px;"> =C2=A313.88 </p> <p style=3D=
"margin:0;font-size:12px;"> +2.13% </p> </div> </td> </tr> </tbody> </table=
> </a> </td> </tr> </tbody> </table> </div> <!--<![endif]--> <div class=3D"=
mobile_hide"> <table style=3D"width:100%;table-layout:fixed;margin:0;"> <tb=
ody> <tr> <td style=3D"padding-top:40px;"> <a href=3D"https://links.coinbas=
e.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3D1a5bef08f80144bb86=
95d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPh6sLISKayXNVx4z770XLjhy77j7TTpl81s=
J5PUKkIZZkq00HrvmyE4UI4BCuRjVVoY5RqQl7l92LCWohmWXZVg3JiDPgY3T5ZXmyHiIYm9FcX=
7qBl-E2us2BL3DBfSKO991tj1MjlWx_J0ub7f0JkNWFC6SErXfWHBjHLYWI75O_rGIsZZYtTSkF=
nqxpI0fTvh1tD8A29ItN7q5sEYwblx4LVOhqdUqBanXfDThLqyt2xmfdwlb37q6hQXrJhoTO2KW=
AhOsun-axU1k-FQc1_w8bguEPME2xfbqyv97Ev6rkz2EQIPTzg5O6UTMSaBdq-c9WMNrCTT7AIY=
P_9cdJKjX0t4xrlaXSTnkLw9_33t1Nvn6nHRoK-xo7u4YOuFNhPI70G8U0fBeNBOzzkhfxW8%3D=
" target=3D"_blank" style=3D"text-decoration:none;color:#0A0B0D;"> <table> =
<tbody> <tr> <td style=3D"padding:0;vertical-align:top;"> <img src=3D"https=
://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/669d5713-9b6a-46b=
b-bd7e-c542cff6dd6a/3aca56371967418192255878e9689713/down-arrow.png" style=
=3D"height:12px;width:12px;margin:2px 0px 0px 0px;vertical-align:top;" heig=
ht=3D"12" width=3D"12"/> </td> <td style=3D"padding:0;vertical-align:top;">=
 <div style=3D"text-align:left;margin:0px 0px 0px 10px;line-height:1;"> <p =
style=3D"margin:0;"><strong>Bitcoin</strong></p> <p style=3D"margin:8px 0px=
;"> =C2=A330,856.19 </p> <p style=3D"margin:0;font-size:12px;"> -4.13% </p>=
 </div> </td> </tr> </tbody> </table> </a> </td> <td style=3D"padding-top:4=
0px;"> <a href=3D"https://links.coinbase.com/a/click?_t=3D3aca5637196741819=
2255878e9689713&_m=3D1a5bef08f80144bb8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuF=
Pp4CPh6sLISKayXNVx4z770XLjgF8-G4Sv1uduE8V2ubh7v12It5hOWqHb5pkvjWUPqBWQ64IHD=
Ev-ueRmJT1Mk8n35I1A6KD5ujBURZeNuBdGQChjnLBh-VE-FN9b5UJd51_zU2m-bLyzTrrq1U8P=
iXtvo7OusxTT24ycd92kSFpb6ZIZXl7irp64z6iqhx-4ph_NmB99d7JGZOapk9bqF0crcSNBN7y=
9sNhwVUu_LQWQCHrlqDRdHen_SxrBCMf0Jnn3AdkXikQWN3VvquxOlSmHtYR1tXfOM2bUruXGd-=
I58VqWHs67-GMsRTGDF48uf9ysWzd8rf5Z9DOBzD_Zzz0-i-tnoyB8GFjNbv3vgvtRNj7oY8mif=
Ytihdz-2K_xzfL7NKgXA6YZQYDoJDpEab9bw%3D" target=3D"_blank" style=3D"text-de=
coration:none;color:#0A0B0D;"> <table> <tbody> <tr> <td style=3D"padding:0;=
vertical-align:top;"> <img src=3D"https://d15k2d11r6t6rl.cloudfront.net/pub=
lic/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca563719674181=
92255878e9689713/down-arrow.png" style=3D"height:12px;width:12px;margin:2px=
 0px 0px 0px;vertical-align:top;" height=3D"12" width=3D"12"/> </td> <td st=
yle=3D"padding:0;vertical-align:top;"> <div style=3D"text-align:left;margin=
:0px 0px 0px 10px;line-height:1;"> <p style=3D"margin:0;"><strong>Ethereum<=
/strong></p> <p style=3D"margin:8px 0px;"> =C2=A32,048.07 </p> <p style=3D"=
margin:0;font-size:12px;"> -1.95% </p> </div> </td> </tr> </tbody> </table>=
 </a> </td> <td style=3D"padding-top:40px;"> <a href=3D"https://links.coinb=
ase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3D1a5bef08f80144bb=
8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPh6sLISKayXNVx4z770XLjjF0H69mUroV=
2JzFyZxyC-dOElrtmjLm9g8x0OpOpDTC4cHp1is0GhMWFvzycfLfmzzNN94KQb5HbKOZehvvgx0=
b0Z0k-K3jAJqAAa1axbb1Rv9ZS6z0LkZGKNbFwuX8JB2pYkNYIXCI-wUYCiFzivSGLVWM8UHM3F=
BvIZlxTm_qRGwqSfU_KJ2bYSSFmy2LGLXLUyo21QuQkZZc0g3WDY2ao6ncJZylZIemrES9w8-fh=
D00WrY_GXwwnuizJk8-H8CuQOBlKAWavJp3NWvbgupDvhcnGMSiN4aH7_ybSXsEnfh3zpIJO7X4=
1eRASmK1R-j4iLXi9vzNQearLErKSiHIcNv_bXyQLyrGilTLf-zA9qXfrHPIYYAo7M3WUymg0w%=
3D" target=3D"_blank" style=3D"text-decoration:none;color:#0A0B0D;"> <table=
> <tbody> <tr> <td style=3D"padding:0;vertical-align:top;"> <img src=3D"htt=
ps://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/669d5713-9b6a-4=
6bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9689713/down-arrow.png" styl=
e=3D"height:12px;width:12px;margin:2px 0px 0px 0px;vertical-align:top;" hei=
ght=3D"12" width=3D"12"/> </td> <td style=3D"padding:0;vertical-align:top;"=
> <div style=3D"text-align:left;margin:0px 0px 0px 10px;line-height:1;"> <p=
 style=3D"margin:0;"><strong>Cardano</strong></p> <p style=3D"margin:8px 0p=
x;"> =C2=A30.62 </p> <p style=3D"margin:0;font-size:12px;"> -4.32% </p> </d=
iv> </td> </tr> </tbody> </table> </a> </td> </tr> <tr> <td style=3D"paddin=
g-top:20px;"> <a href=3D"https://links.coinbase.com/a/click?_t=3D3aca563719=
67418192255878e9689713&_m=3D1a5bef08f80144bb8695d7319209939d&_e=3DYp1Ao0BC6=
sy5WPuFPp4CPh6sLISKayXNVx4z770XLjj6uBm_QhjMWaA8yLkjvceZnb1CgYmioN8arW-iErEg=
HIxtxQlaP_1P3BplnwPkr5a4nTGzsm6yYXkGz09niL0awg52S1mtEUiMiTSkFPnWI1P7qBMbKZ-=
rNTqkg5V24SVG4Raqdv5VOL-vG1jNheTVvEbXMwISkIozCufaZyLrSgUv9bPPJ8R9AaEFendMPO=
dp-LcItUnn8lo3xeMkz7TpQ_Cgysj9HQhSFi-9Vd-SqbPR3H5lDSz9uqyhU6CEPfH_pXOT0qIY1=
9KUReC0AGCzhoY5X8YMzuqXYNHK8ifqXpgFiMoWEHBZai88xTvtdtZ19HkwBLLHe7N-Dke6oH_h=
p8KhN3L9LVV8Rn_GT16wZmU_kmMDecj8Q_nW2v5N570%3D" target=3D"_blank" style=3D"=
text-decoration:none;color:#0A0B0D;"> <table> <tbody> <tr> <td style=3D"pad=
ding:0;vertical-align:top;"> <img src=3D"https://d15k2d11r6t6rl.cloudfront.=
net/public/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371=
967418192255878e9689713/down-arrow.png" style=3D"height:12px;width:12px;mar=
gin:2px 0px 0px 0px;vertical-align:top;" height=3D"12" width=3D"12"/> </td>=
 <td style=3D"padding:0;vertical-align:top;"> <div style=3D"text-align:left=
;margin:0px 0px 0px 10px;line-height:1;"> <p style=3D"margin:0;"><strong>So=
lana</strong></p> <p style=3D"margin:8px 0px;"> =C2=A364.06 </p> <p style=
=3D"margin:0;font-size:12px;"> -4.53% </p> </div> </td> </tr> </tbody> </ta=
ble> </a> </td> <td style=3D"padding-top:20px;"> <a href=3D"https://links.c=
oinbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3D1a5bef08f801=
44bb8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPh6sLISKayXNVx4z770XLjhS2BmSJ=
xeMjrE60D6VOMJd3aHAYXYlywAsZ_cOTTgmQ-KaxH4OIuNFHXOJIruvjIeA37evHFxN40UbtfyZ=
b9unbdrAGfX_WMqSe9kA8nJoOBRfjUjmIRdALKNQMORTBsgmzXhg2J9KoOmXzvvfcpMUMMrp3uA=
gTdf98bgTVTrPeFM3kudm4VO6F9tnpheDRCSd7MyVG_5l0G8UQeWJ614GPzWvNdIZs-TaR_9i4r=
kYdgQZlLxCYddFJ6S9CqxJ5opyvQyZMxrlDiVoT_DCxzsjc4qvkghjACLfUSFSusSf2QL90vONw=
RxGoyXj3QJjlg0I_vkex4zKtj31PDxnx9Ne00lGPgE1E9uTh3iXNswbqqoBQ5mdbErd3pe6rCDY=
yDc%3D" target=3D"_blank" style=3D"text-decoration:none;color:#0A0B0D;"> <t=
able> <tbody> <tr> <td style=3D"padding:0;vertical-align:top;"> <img src=3D=
"https://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/669d5713-9b=
6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9689713/down-arrow.png" =
style=3D"height:12px;width:12px;margin:2px 0px 0px 0px;vertical-align:top;"=
 height=3D"12" width=3D"12"/> </td> <td style=3D"padding:0;vertical-align:t=
op;"> <div style=3D"text-align:left;margin:0px 0px 0px 10px;line-height:1;"=
> <p style=3D"margin:0;"><strong>Avalanche</strong></p> <p style=3D"margin:=
8px 0px;"> =C2=A353.97 </p> <p style=3D"margin:0;font-size:12px;"> -9.88% <=
/p> </div> </td> </tr> </tbody> </table> </a> </td> <td style=3D"padding-to=
p:20px;"> <a href=3D"https://links.coinbase.com/a/click?_t=3D3aca5637196741=
8192255878e9689713&_m=3D1a5bef08f80144bb8695d7319209939d&_e=3DYp1Ao0BC6sy5W=
PuFPp4CPh6sLISKayXNVx4z770XLjjuwummB606OFvhSdv7OcpAiJIGkoGzDmcv3nBAiFvpftdj=
Y9er5zJvkAapTiLrxt_LV4_cyWAgJ_p9jW8vOeGB0S4zKHvBXCD-eaHQIVGSoG86_wnOKXiOn8b=
oHV7qJc4kilJn_h-SKSuC9Z6i7Ja3iWCxakYk6c42K-4_8tCX_zIU1KBgTt8XFIUv3MuTRCPrPK=
DG3Kd0i4kB36OwZQyQbBE3zYk9o-w8JO-UWZlo49kDZ4f9WzMTKqZluSzCafUuvu83HSwSawjl-=
IWCfoFfeLZvLncnGY-770DVQmgdNE2HE88Ql06VWzm-6AT1O_OWjRvoxp5Xefs9OMTu9zw355sb=
r0foytUAkALTrRY7pmxWVtbaqJ0fauayDXubjyM%3D" target=3D"_blank" style=3D"text=
-decoration:none;color:#0A0B0D;"> <table> <tbody> <tr> <td style=3D"padding=
:0;vertical-align:top;"> <img src=3D"https://d15k2d11r6t6rl.cloudfront.net/=
public/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca563719674=
18192255878e9689713/up-arrow.png" style=3D"height:12px;width:12px;margin:2p=
x 0px 0px 0px;vertical-align:top;" height=3D"12" width=3D"12"/> </td> <td s=
tyle=3D"padding:0;vertical-align:top;"> <div style=3D"text-align:left;margi=
n:0px 0px 0px 10px;line-height:1;"> <p style=3D"margin:0;"><strong>Polkadot=
</strong></p> <p style=3D"margin:8px 0px;"> =C2=A313.88 </p> <p style=3D"ma=
rgin:0;font-size:12px;"> +2.13% </p> </div> </td> </tr> </tbody> </table> <=
/a> </td> </tr> </tbody> </table> </div> <p style=3D"margin: 20px 0px 0px; =
line-height: 1.5; word-break: break-word; color: rgb(91, 97, 110); font-siz=
e: 12px;">Price changes are for the past week, ending on Mar 16, 2022 at 11=
:04 AM UTC</p> <div class=3D"cta_button" style=3D"margin: 24px 0px 0px; pad=
ding: 0px; width: 50%;"><!--[if mso]><table width=3D"100%" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" style=3D"border-spacing:0;border-collapse:=
collapse;mso-table-lspace:0pt;mso-table-rspace:0pt;"><tr><td style=3D"paddi=
ng:0;" align=3D"left"> <v:roundrect xmlns:v=3D"urn:schemas-microsoft-com:vm=
l" xmlns:w=3D"urn:schemas-microsoft-com:office:word" href=3D"https://links.=
coinbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3D1a5bef08f80=
144bb8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPh6sLISKayXNVx4z770XLjimaptU=
kQ_vHiDt6CcjaBAisjO2MhX5vwIEKfT2umaQ3-z3iZXgJoo47oc9zMquoriSCLsMM8oi-X-z-ct=
ywFT4IBC63VfYCrcnw5K8H2O_bbcAHyrGQuG2JydKxNfO7MuJCA7ifpBnb5fF6Bpsgfs9iYXmEA=
KWOFY0wW4XAxETAPgYUDbB39xpWgrfq-tLVYiT9eDw-Gk3HBbQ-9F7ToVv1_sVhY5QVJGrIET4I=
796Y1HstyeJk2zbXX1_K4DXEO1jVWfRkmHZ0k1HXbFV9ST3Ix1rJAVfc5NDNqbpji9HYnHZ-yEH=
ai2K-t0KUhQGoq15JvdjvsOXISQiDBajjj-f" style=3D"width:350pt;v-text-anchor:mi=
ddle;" arcsize=3D"17%" stroke=3D"false" fillcolor=3D"#0052ff"> <w:anchorloc=
k/><v:textbox inset=3D"0,0,0,0"><center style=3D"font-family: Helvetica Neu=
e, Helvetica, Arial, sans-serif;"><![endif]--><a href=3D"https://links.coin=
base.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3D1a5bef08f80144b=
b8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPh6sLISKayXNVx4z770XLjimaptUkQ_v=
HiDt6CcjaBAisjO2MhX5vwIEKfT2umaQ3-z3iZXgJoo47oc9zMquoriSCLsMM8oi-X-z-ctywFT=
4IBC63VfYCrcnw5K8H2O_bUIaNx5DaFT-Fd3r82tbgm-8Zfw6q-3fl8L99NvGrvZJesIICGPWy2=
cr5wNts_9a7d-V0eZVb0si3xR95ntAzuVTFUGNTYIyuk0YCV7jCbJw-RQQztTlWheGPq6aSiFdp=
JDCr5fQOSFHm7DkI1Tz4miVNCP7bufVnL98IbcVQkgGWIhIphMqWCp9AjXv3c7L84aOOmbBQIHG=
wOj0nBXb4dPEhw5Re0ae97yJxzbeQCQX" target=3D"_blank" rel=3D"noopener norefer=
rer" style=3D"display: block; margin: 0px; line-height: 1.2; font-size: 16p=
x; text-decoration: none; color: rgb(255, 255, 255); background-color: rgb(=
0, 82, 255); border-radius: 8px; text-align: center; padding: 18px 0px;"><s=
trong>See the latest prices</strong></a><!--[if mso]></center></v:textbox><=
/v:roundrect></td></tr></table><![endif]--></div> <table width=3D"100%" rol=
e=3D"presentation" valign=3D"top" style=3D"table-layout: fixed; vertical-al=
ign: top; border-spacing: 0px; border-collapse: collapse; min-width: 100%; =
text-size-adjust: 100%;"> <tbody> <tr style=3D"vertical-align: top;"> <td v=
align=3D"top" style=3D"word-break: break-word; vertical-align: top; min-wid=
th: 100%; text-size-adjust: 100%; padding: 48px 0px;"><table border=3D"0" c=
ellpadding=3D"0" cellspacing=3D"0" width=3D"100%" align=3D"center" role=3D"=
presentation" valign=3D"top" style=3D"table-layout: fixed; vertical-align: =
top; border-spacing: 0px; border-collapse: collapse; border-top: 2px solid =
rgb(222, 224, 226); width: 100%;"> <tbody> <tr style=3D"vertical-align: top=
;"> <td valign=3D"top" style=3D"word-break: break-word; vertical-align: top=
; text-size-adjust: 100%;"><span></span></td> </tr> </tbody> </table></td> =
</tr> </tbody> </table> <div> <table style=3D"margin: 0px; padding: 0px;"> =
<tbody> <tr> <td style=3D"margin: 0px; padding-right: 11px; vertical-align:=
 middle;"><img src=3D"https://d15k2d11r6t6rl.cloudfront.net/public/users/In=
tegrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e968=
9713/dot-1.5x.png" width=3D"12" height=3D"12" style=3D"display: block; widt=
h: 12px; height: 12px;"></td> <td style=3D"margin: 0px; padding: 0px; verti=
cal-align: middle;"><p style=3D"margin: 0px; font-size: 16px; letter-spacin=
g: 0.075em;"><strong> MARKET UPDATE </strong></p></td> </tr> </tbody> </tab=
le> <p style=3D"margin: 5px 0px 0px; font-size: 32px; line-height: 1.26; wo=
rd-break: break-word;"><strong>Inflation, Ukraine invasion rile markets, bu=
t positive signs for crypto continue to emerge</strong></p> </div> <p style=
=3D"margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">In thi=
s week=E2=80=99s report, we=E2=80=99ve got some optimistic news against a b=
ackdrop of continued volatility =E2=80=94&nbsp;as markets of all kinds reac=
t to historically high inflation, Russia=E2=80=99s invasion of Ukraine, and=
 the Federal Reserve=E2=80=99s <a href=3D"https://links.coinbase.com/u/clic=
k?_t=3D3aca56371967418192255878e9689713&_m=3D1a5bef08f80144bb8695d731920993=
9d&_e=3DYp1Ao0BC6sy5WPuFPp4CPsLEz_TBodxrrxHmInuWSzg5nFZlHbO1WxJ0ygrk_bb7bCa=
ETqvIatr9gojidUDeitH57OUJBGwsQtiZV8OGV5uyIgPnwg4ndAkQ5he2n0tFmLNKMuZjLXzfRl=
S_LWwwPnXyWPQp94eg1rVroH2D27GIVRmtDQUqp0kqBW1gF0AmebY4b9h5DF-HmuU0AmGvydLJa=
kn1pDnMYHy1p0Yc1wRjqC-WRFMpvoTNmICJEhpOecawXxTbXofik7K2RRHtpQxSKraqaCFq-6Bq=
z5g3MEL7liGSOuNNk6YiFr_HZoJ6nhqe3jul2hom2Ng1eyBxtkGLPl-1p2nCyGsHboGZWD6eHw4=
Oat5zQQ_OwLSkETKPbEurHUSQHlp-eUgySmLbBxo39ZCsOyhM4OLZ-yFgS7_8hvSJfgLOs9Emii=
sf-VAbIw02iM29zBCeqWiWSqRyZG8yJIa6Bx4327IazeIZb88%3D" target=3D"_blank" rel=
=3D"noopener noreferrer">likely decision</a> to finally begin raising inter=
est rates this week. So what=E2=80=99s the <i>good</i> news? It ranges from=
 signs of increasing regulatory clarity via President Biden=E2=80=99s recen=
t executive order and crypto=E2=80=99s ongoing role in supporting Ukraine t=
o the EU parliament voting against a Bitcoin mining ban and beyond. Let=E2=
=80=99s take a closer look.</p> <!--[if mso]><ul style=3D"line-height:1.6;m=
so-line-height-alt:26px;"><![endif]--><!--[if !mso]><!-- --><ul style=3D"ma=
rgin: 10px 0px 0px; padding-left: 24px; line-height: 1.6;"><!--<![endif]-->=
 <li style=3D"margin: 0px; padding: 6px 0px;"><strong>Bitcoin was designed =
to be </strong><a href=3D"https://links.coinbase.com/a/click?_t=3D3aca56371=
967418192255878e9689713&_m=3D1a5bef08f80144bb8695d7319209939d&_e=3DYp1Ao0BC=
6sy5WPuFPp4CPkxUcfN1vFiVQGMpDmS1Od8vLqGKSOwm-mCU7asPf2enBqLm3AGHQTEGaKtPs8B=
v6PEwYzHbpI4mEhKmaTsqguwMExTwnE_OJ7dMzBf284Hrmq6AqK8TDcPXPfhQF7At_ICgLakQ2w=
3TbREMnx2XEqU02ItcxCzmtQJV9ZWpBXVSnYGogvxoLFt97i2lwblz_6of-4On046mWigog_fff=
se0xRSXiYWhw6RFeMThkd1xUOuMgbmL-JjG4fkItFWpwbSybyA8W0xZsd6bLW3RFIbkRy3drQig=
xmFbLGEcxr9d9UYNlAQzNwBSPhBiExZsD8w4zx90fRGyF8ULVxX-ibTOotvyRzaGFSpYeVeWyrq=
j8VNQxBSlOci3LFv-mH6JQJ_dF9Hh43oaqp6T-A_A5UkTu1LL8OPkTVoJPpg-WcKX" target=
=3D"_blank" rel=3D"noopener noreferrer"><strong>resistant to inflation</str=
ong></a><strong>,&nbsp;hence its =E2=80=9Cdigital gold=E2=80=9D nickname =
=E2=80=94&nbsp;so why aren=E2=80=99t prices rising as U.S. inflation keeps =
climbing? </strong>Last week, the U.S. Consumer Price Index <a href=3D"http=
s://links.coinbase.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D1=
a5bef08f80144bb8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPgJ6BZ3BaEMA1SG7Bw=
NF_Vz1i1xh5UQDsphitHv-_O7sTW-wR12iU8b7IgHouf0qLpdTqsNgPH0tGNkAihYf-lQLjVLj9=
rcR2xM_RlivlVDWBY-OzcAEW968DdFOXM0CflU3e35CF0ZNQxIo6tj_0OUpfLQ2HBZcCjHGB-cI=
YyzQHL3nfKXXq2WM1tMX4XXSS9xoJzLJOSm4i_sQsvedTCwcxYKzP-pWlB4sFcV3B7w_v7sAAQv=
SI99fdIobVz2U4K9KQZh83ZO4CcFqoJUmdngS37kBtGvaMpgcuy00-CcRynSoXhksYneFtjUIgu=
_4S7E8FvnNr9BD6PM-jdCp8QmrP5Zu9X0Xi_pQeDvuCOW2ru59g5mvPnZSI2wi1RimKxISqee-A=
avEC3mefHZJhurJ7dM4pWpNyaRtagIqCdMKX-cPcAfpTgZP2mP3epAPxQ%3D%3D" target=3D"=
_blank" rel=3D"noopener noreferrer">reported</a> a spike of 7.9% for the mo=
nth of February =E2=80=94&nbsp;the highest number in 40 years. But Bitcoin,=
 counter to the digital gold narrative, has been <a href=3D"https://links.c=
oinbase.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D1a5bef08f801=
44bb8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPtZlQOjEN83vcqN12kYfHpNn4wiFa=
6cpL87wdjybcOHtJ02Sk6bNdNwojMeoaoI111TwgOu7PnAUa0nGdw3-1TclMySSXeQMRXGc0Xum=
6QEptLl3zLmSPBXIKkCxTi0OiJW9YRCwZxj_9ZPIcuGdmQ7BjiSgch53dph7tWi89YaZsJmE9tV=
znCQqYvEDjGX_Dtj78K1HTsazkM2hIjfnzDEt9yhgZpenYI0kzfTRft8Ft5X3OGZBNsxB-rWO2z=
4ygheMuqLfHl-Jezgq0KgXzNFAl1aa-uHZvpkuTyP2FjMq8hSqXGFSqynRNb7bWAzE6adPn5KmP=
wR2rzImMtyYRCtk0FLKSAIQ63FtV60LrPl1gtsWpK2IR9RhzUwEHX_QZx06M2JPsxawJ9_uEhfS=
HyOiZyQpXjXEuLC5N2RrYtXE9oNvg1vqU-BQDHY4Gel5iA%3D%3D" target=3D"_blank" rel=
=3D"noopener noreferrer">trading more like a tech stock</a> than a precious=
 metal as the Federal Reserve prepares to raise interest rates and wind dow=
n pandemic-era stimulus. As that pool of <a href=3D"https://links.coinbase.=
com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D1a5bef08f80144bb8695=
d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPmVJu93er8AKzjA6ZwZs4Ya3N1rt5eF0A_Lk3=
k-oJAG6zNcfA8m4-dpLa97KR1nMIRi1AhzKqg6_C8kmihWPD4_cx4xTjnafzR4ZwHENTz-wtMX_=
H7OymvSuW8doRO93WD23C8DS5qQidbYEX4-_Ev5NIuImxtBN86lGffT7x4JWp8EGcgDlLnBUgHL=
QsZnwS78ObAq96y3LoYw_iGjv1mk9UepE_ZiXdr3j2DXMH6W76ZFCScaMU9wSjlZ6EhvtM8gSIL=
3BRiA-VsBS1kmlSCG2KIXwq4YEKIUb0zQs1VviOSnr9a4Y3Y693JAw1w95jZL1ifTd4rh5ic-gl=
stm_qAB6SVXn0_nG8pUVM0pT4h7u4e1NqXwQZxACixAVrRgtuLcu5XD2rIiFEFJffytZB_7te__=
9znooP6NodBvgduJ" target=3D"_blank" rel=3D"noopener noreferrer">easy money<=
/a> dries up, speculative assets of all kinds (no matter how limited their =
supply) are losing a major boost.&nbsp;&nbsp;</li> <li style=3D"margin: 0px=
; padding: 6px 0px;"><strong>Russia=E2=80=99s invasion is </strong><a href=
=3D"https://links.coinbase.com/u/click?_t=3D3aca56371967418192255878e968971=
3&_m=3D1a5bef08f80144bb8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPsLEz_TBod=
xrrxHmInuWSzi1YdIX473YXtDxdi7rhnXvle8bWock3POIRGUm8f2E2EUt1TZN7KmcfSS630iW4=
g_C-VEpcEZiY70tpvvAnlMIcko_OTNBiZNH6uwbcpnMzqFQKXJRbuXdNY-tYUrFAtUyIfBS_q8B=
nYWGOFluNkZvMqpciR_XsxYtJ69XBvRWD5Jojt9nJUD4_k2xahFeAKNaiylc-frztaV9dQeNnRt=
KvE4InxSXuO4yeqOLHY-LFdf81DdHKcXy7jEt16z55ZwoFKhcWXYeeqeZFCJMgseI-l2apGRn_0=
1vA5TUWihcfSCGjnNK3XtE646uUiNKeWSRH60awOMdkoVDGB3K0Jd-uiB9tR2m3THA1YzUftnPc=
4Htaw1C8pbPfyiw6_JDNbBBmH9Fg3VGGfThkLz1ByYlEnyYp4DgvnJSsS5CkyEPNg%3D%3D" ta=
rget=3D"_blank" rel=3D"noopener noreferrer"><strong>further pressuring</str=
ong></a><strong> markets,&nbsp;but crypto=E2=80=99s role in aiding Ukraine =
is a use-case that may be attracting users to the broader crypto industry <=
/strong>as nearly <a href=3D"https://links.coinbase.com/u/click?_t=3D3aca56=
371967418192255878e9689713&_m=3D1a5bef08f80144bb8695d7319209939d&_e=3DYp1Ao=
0BC6sy5WPuFPp4CPufO_hFIYVziJ-8Qe29tTeQ_Z565Rfzt9k6N9upvLPRG0IrbZvHlZerWyoyC=
-Gdn7F6IukUqHr35qRUNa09YTKnsvXT4vL-nLRKAruUYGvS23liot7ymJTw2NvRicQCOEcsdBX1=
O_nqnjbVSpSGcBYylGeu_Ft7smkTEgwcx9h7p7pwWddE2TnQXSxRa1rxrWjmyEcouCrNEgUzuzJ=
gVso7kqVSNggW2lRhUUoTMqO6orLCLQRze9jUu2RB-YA-iLJOPGU9HhE0Kq8ndP-V7Hxyk-tsMv=
CUItLj3SQQRmg_wDuvzhXO-ALBo1rB_Tok5QiPB4Hep2UEjR6ZORydi-s0MSXhOpZdsud6WUJyk=
OFEBFNdCrpV_najXpdy_TMSzlRmSgP5fGQffJoxfRcLTQXC9V6T3hEP0KyrfaXUgeb-LBAcHSi5=
iIvEm5Xy6Gg0QrRJB27_9UY8jGK-rwGkaNjY%3D" target=3D"_blank" rel=3D"noopener =
noreferrer">$100 million has been fundraised</a> so far to supply Ukraine w=
ith fuel, food, and bulletproof vests. At the same time, investors have bee=
n flocking to crypto funds and companies =E2=80=94 with around $4.4 billion=
 in investment over the last four weeks. As <a href=3D"https://links.coinba=
se.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D1a5bef08f80144bb8=
695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPtZlQOjEN83vcqN12kYfHpNN3vs5Nax389=
SLz6TQNm1o2pCMmOlcwBb0dM9AaYlKpp2aABCIb-SuZXpPZCEZH6hfGfdPXkkhfCi3XyhuV-PuP=
blpfCghKZja1PdWntl3xeT-zyotC88d1X2eMYqmFm4JTOCYqOTQYOd6cSTXXGn08rffv3F2mhBg=
aEuV51NJe4xdC96XsOQJJv0sEFd-w3eGTbHJZrwyIL5MN7JhW8X7t9fAZ97xx3rcABVdacGc86w=
0A1T_0_37bAdsvHoOfsQwCShTzBkIooCbNyDv0Y7IEqGez_BDTpCTVoI_mXppOGwI0-80QWQNA1=
FHK1ppLihzRbm6uItvW587UGcBsV2g6JrPVw8vYhu1Nc7quhxc0QrnWIK7kcE6LXHQgW_n0_KkD=
v_7eWKYbZYLKwNRogaWWvj3vvUk7fXTEEiIvj3koW46DEi2rsXqqrwDWPgY2IENijUAt7QPoWfH=
Zfw-qYa_" target=3D"_blank" rel=3D"noopener noreferrer">Reuters reports</a>=
, "Global investors =E2=80=A6 seek exposure to a sector many believe could =
withstand the fallout from the Russia-Ukraine conflict."</li> <li style=3D"=
margin: 0px; padding: 6px 0px;"><strong>Crypto prices briefly rose followin=
g President Biden=E2=80=99s much-anticipated </strong><a href=3D"https://li=
nks.coinbase.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D1a5bef0=
8f80144bb8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPrVGStYLBbWgzx1DVJB4qgV1=
gjz7qmSSuwpvnNFutXk3xVHHCursO1RiYRYOX9eg6e_PYw6sHvAvUDum_XVDHOzNOAIlykQnDzC=
QBeLYuRVhccQbVTCHFLkXd3ra_bG0PckVVjqW1pcgHlMxDDI8nHuyfBI4rPBGqh6SY2l35qw9hh=
p2eFF28b-AEBKxpdZA9quVSE8gegPqB-zsaH_X4GMQGEP2ttXM6LZsHFs7ECyFQ3CXv4po0J-CW=
yPJHMGQm6NQnRu-FzCv7N5ZNO72brusUTirRoX_RFClf6jrN6j-2QCFdHM-ewGxBXbfDwOCSwjD=
lsAajFp_HowibziUM8Z5QHJukS_dN3pw06WqXPkogG1xe8mGqFC20AXz8eNWYemrqs4GPgZOpvG=
MF26H809SaLHjSHmL33Q8iaxjB9_nk22_4RaQkEckcYVdX2h7k9X_z9grzJvooGKI0V9a927Ffr=
iUHNpg2Zs9yNlDEuEhj5QGyCjMcIEuopBIUdY2IqnjuKORfuL6joUj1S9Az_w%3D" target=3D=
"_blank" rel=3D"noopener noreferrer"><strong>executive order</strong></a><s=
trong> around crypto, </strong>which highlighted the need to =E2=80=9Creinf=
orce United States leadership in the global financial system and in technol=
ogical and economic competitiveness=E2=80=9D while encouraging agencies to =
consider the best ways to protect consumers. The order also urges the study=
 and development of a U.S. =E2=80=9Cdigital dollar=E2=80=9D (around 100 cou=
ntries are exploring or piloting similar technology).&nbsp;</li> <li style=
=3D"margin: 0px; padding: 6px 0px;"><strong>A number of states =E2=80=94 in=
cluding Arizona, Colorado, and Wyoming =E2=80=94 are </strong><a href=3D"ht=
tps://links.coinbase.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=
=3D1a5bef08f80144bb8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPpeQEHWeCHcnDK=
DvjUupbVh9MWq1p5ZjgMfMyAGSQlKu3Uy5NsX7wBNSyiPDz-P2VaN0EhGkZuu9ygQcEND2ijRlM=
i7R0coDKCZuaeJas8djZ1twmit9-Ow5hF1jmHE_P5cpmyO_SUqE55oUc4kmYD-zIB8fxkVgiRGn=
gX8FEnUYzYOcY-nfteIIy8HwWQGEvOd3ZYPPr2A0k1iKZYLFJ3yCYUFrD515TIWaiyicWrwbnMe=
V2wme6WG6MMXjzwq8peA5IQPhZavJRxJ1wjXmxjpQ7fkCsaJoSGSoMXVczEKlovPbXpgNRPxfKM=
CSU7w-ETiMJPKiDSPWEVNL9agWyezKL7yJyvvDpFiCsVE-8ElNBlZGvhU0gXqcZeCu4KNjbtN6n=
cHVt_Zt0g-8WhJQnsPIKYW3NqKzd6yfF63sqn1cpMHcZGUOdL3zMu5zFUhMzBgzGaGTqCLoBf72=
JBCqUnz_GNU5NVMFPKcOFJNQbSwX" target=3D"_blank" rel=3D"noopener noreferrer"=
><strong>pursuing their own laws</strong></a><strong> to promote crypto use=
.</strong> Further abroad, the European parliament <a href=3D"https://links=
.coinbase.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D1a5bef08f8=
0144bb8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPhLAC2Sey4Hu64mb6R94N6CZWdu=
DAFng5R5zR6DN5JFG6MXVaBUaBcM3MZyriNk3BovSibuVziNfYIr6YcvLSmUEYXRBovzwhvN9H6=
qKC7pHRR0Es4PpNYT5S2voeTwWluD35qJ8d9CSw69-EXgWTgHMQGyjQ2xywr7DUv9h6RbEm7zFG=
BmWvelbsKiIb3xAnmmcgDAt7FKdQo-1XvS2pXDDgoWci9e3ivLau4uqwLODbz6ybMKhePVHnW_O=
74ioAF7QPQwfaBuhS8K1MJq4e4NqaaUCybqzRX1oSFcThDgqMpdMGiuxcCOanM8BFryyl91Aw8F=
cB3JedznkgLxVxUMQp5RYa3-I5WJJGrqviN_WJrEz49KY6stuZGLJT5yg0_oS1kQQ6nzyjE10mU=
9MWTaMIO2NRmSzY-9-6viNXEyhnqx3PtjurbVmc51Kez8We5NbPd1k6EN36c-Uj-PcepQnb-xi1=
y80_zLbhsYUPJWu" target=3D"_blank" rel=3D"noopener noreferrer">rejected</a>=
 a proposal that could have banned Bitcoin, South Koreans <a href=3D"https:=
//links.coinbase.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D1a5=
bef08f80144bb8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPk9X6B2ZnUv_Ma0PFeis=
qdvbkUY97EzrFanh1Vbb8ryc8NXwtaf_acMIENCAD7LWFIsCtHjXJuOiekr0nDNU1FdrVkdZFMl=
ISe1r5r497wRUBCu9gUrkjZehJJy4ZZr3X9xflqW6CiEAA02LYHl20f-8PaDx4f_YIMp61X0Q8c=
bxSdcUb0wOOrNFkjy6lI-hkQg5aM90ngc7fCeofW8KDcpz8CL76dyX9CnAjfjIg1CptkHXAYyoP=
1qwELnD3dcLzt6jFf2-4kHcPWfVwz_MWQYBtgzCk7LkhtKwQ7FMZ4cWJaww5rrJxCT2P1ZULmEW=
B8j7IkbHS2X8V5hbIctCxwQWXkRJmtGb7ndc0l30d6kxa-Z-FwRGm_y6cufmobV0dlwHbNOrN9b=
Gpp3AwOvuyDXQ0ZdY49kNGlAlNVKOjMZH" target=3D"_blank" rel=3D"noopener norefe=
rrer">elected</a> a pro-crypto president who plans to overhaul =E2=80=9Cunr=
easonable=E2=80=9D regulations, and Dubai <a href=3D"https://links.coinbase=
.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D1a5bef08f80144bb869=
5d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPs9VQ1X2WvXvjpOqpbkk4GKrcHG3DPebxqRK=
Kg6SJyOkpISOoZ_h-IK9ozvX261uQII5phK2fmdLGRcAoTwGRD62ERiX9a-x-OaUaaxT0qzEeBV=
wuRpxUTvolJF97FYs_mjCk50OiM5Fh6CvowlTDDxGy7XeQ_oM2mXmuXTMnIEg-mYYkRq8KNKzr3=
dl9bAJtOvnW9Tf_WpMKhK2qcivwl23BJUFoDQuPqYMSbKqtKXx7YnV3vnobcb1uvFlTdVxd8FXk=
x7ljS82Ou90oTRcGQ9iLe3QonGfEzx8jgOCpEob_dSjAtcn1Acyvsmo4x6AioFJQVxXvCQt2nw1=
xMTtj6YKGd6ra8TqaE5sC9jouaCIJR_vtib4nFcPAIMy081P1Auew-c6KoO1Db1C3PgK6L6WLOy=
ukB4TTkEDr_k1Ntr1f_IK8w_sJQT6htvNhqk-tKO-KBujae72Ezi_f46T2nVdB3eoZz3X2dvt5A=
WMyaFHEBf1V2WupTqu1loZQX9C8WdOHepFrUWhcVWXlbZDMOv-DFQE5_v2kqX5xp5cl48i" tar=
get=3D"_blank" rel=3D"noopener noreferrer">passed</a> its first crypto law =
with the goal of creating the =E2=80=9Cbest business environment in the wor=
ld.=E2=80=9D</li> </ul> <p style=3D"margin: 0px; padding: 0px;"></p> <p sty=
le=3D"margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;"><str=
ong>Why it matters=E2=80=A6 </strong>As we all grapple with historically hi=
gh inflation, there=E2=80=99s no shortage of advice, including from the wor=
ld=E2=80=99s richest human. Elon Musk=E2=80=99s <a href=3D"https://links.co=
inbase.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D1a5bef08f8014=
4bb8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPp8PQTtuwgusWzbTsDzqubKW-6W3Wx=
XEWtSJH3eW5cIO7Tjd4b-TavkzMf2EBjA9NOxXoTQhoFwJSHP0JIDy6xQNBTJR4yRkpO3t06hqM=
aKWgCV0-wR50z_sMQV92hoClzKicGwgSbmSq8rfdcZt3gtEjIAp7ZPbkOdEbnwfrAug4pg2ck_n=
lNQpy5sq0r4hm7g_B-7_XFjuEIjF3O-6lw_GQCTU4WhYfMAuxjqvlxnT-fz0arnromrrfc4bxyl=
chWIP3x0KCxBuOWjnMjyuEPiDkG8JzgcRQ1VZ7b_xu_OgU1C2krJdwdsX_-iuEvgQ_-JguUdF1E=
5sXx-eMrvGXvSEACm4NyyJH2au6jvquvzfNXOtwt0SJNWkPtKwQ-BCnWV-vkOrqSmRZbeCIQksU=
hPyecraIv7kxdsPswCoMOcB8pnVQKyQASt4Ezyl8nO7_Q%3D%3D" target=3D"_blank" rel=
=3D"noopener noreferrer">take</a>? =E2=80=9C[It] is generally better to own=
 physical things like a home or stock in companies you think make good prod=
ucts, than dollars when inflation is high. I still own &amp; won=E2=80=99t =
sell my Bitcoin, Ethereum or Doge fwiw.=E2=80=9D Meanwhile, the crypto cons=
tituency continues to grow: approximately <a href=3D"https://links.coinbase=
.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D1a5bef08f80144bb869=
5d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPrVGStYLBbWgzx1DVJB4qgV1gjz7qmSSuwpv=
nNFutXk3JO-RrXf5Y31C3eapjZSJfugcycjtiKPDK7qii-RLmLWGbqbV749RND7qhY_q_PlXCiR=
5BTYIiRZmA-vXrBl7st-79fcf5IWDBnae1uu9gLNDQhoD-FwLvK6_TJc2Z68bHe5TgK30iBC2dR=
GlJr4127lMUlNg6ViIPhvFaryX-xTzRCdbiUGEWLvcWePqzKmS87QwqLH37EjjE6mkn-cyLEbZ2=
odoswM92WZl5mPQEMJ6GOPy0IvNW_i9J4EBhXgHIdwvulaj2Kwuxn7zNJxqabC-3SC7alcazJ9k=
9RR3355ofKFDZPihZ863Oh6n2yt9yGPDPLqcTu-F_KtWEdT9tyXKLtCM-yyVZLgvFJFUxUs_zJC=
mpbVRM-sAEZ-y6bje1Jb-L-1XKcgYydYj3w0hSD8kD-IMsMjIHzGXFTxkq1jf7VeHJqHIca9zN_=
hga1fn0vV0vTVP2ZgJYojM89rddsZorJMKuTIRk5jpKYZkN4BtXOGQkJtBGFikvSHcdAMPiAa_2=
ec3EISx8mzSFqwVP_svFSF_Kplr2VkrNMHvIqNpVk0aDq2xaWnEOKQFHlo25U8kO4lMC7Znhpzz=
B2OTew%3D%3D" target=3D"_blank" rel=3D"noopener noreferrer">40 million</a> =
Americans have invested in, traded, or used cryptocurrencies. The president=
=E2=80=99s executive order recognized that reality =E2=80=94 and the key ro=
le crypto may play in America=E2=80=99s financial future.</p> <div class=3D=
"cta_button" style=3D"margin: 24px 0px 0px; padding: 0px; width: 50%;"><!--=
[if mso]><table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=
=3D"0" style=3D"border-spacing:0;border-collapse:collapse;mso-table-lspace:=
0pt;mso-table-rspace:0pt;"><tr><td style=3D"padding:0;" align=3D"left"> <v:=
roundrect xmlns:v=3D"urn:schemas-microsoft-com:vml" xmlns:w=3D"urn:schemas-=
microsoft-com:office:word" href=3D"https://links.coinbase.com/a/click?_t=3D=
3aca56371967418192255878e9689713&_m=3D1a5bef08f80144bb8695d7319209939d&_e=
=3DYp1Ao0BC6sy5WPuFPp4CPkxUcfN1vFiVQGMpDmS1Od8vLqGKSOwm-mCU7asPf2enBqLm3AGH=
QTEGaKtPs8Bv6EvtEBRFj3QhS7p7xow8Ztivwgh7LCEU8S5dutNjHex9J2kA7VcLR8YQFmOoSfU=
3wLHSJF9D3fCUIPXf5ZG2pbCBuFnD-HLLNWlYqD6Bpiw-hoFa0voZujSjFh8PEXdsIh_Zz_W1ED=
bfx0g0zay4En2g14vFUgIRuNLSe8WntyF5UnrXGpHJz9-La8oCUlwhPfyzqYBEzfPyDqQUuhQf9=
9Wjb8IYl54cn6SH4nt6mG1PPtXpHHIw-n_cnjtv2OpiExQtEYmPw6eSwE2L0vPzr5skVf6fke7P=
1Dxwd1MWsTcaV0wkKGE7ucxTk2Ln0rceAy-IRSzkY4FS_RufXJIOsnFW9k7Z6na33Z5D3X3wzWu=
GmdBap3SPRNpLc6ctW_NfVA%3D%3D" style=3D"width:350pt;v-text-anchor:middle;" =
arcsize=3D"17%" stroke=3D"false" fillcolor=3D"#0052ff"> <w:anchorlock/><v:t=
extbox inset=3D"0,0,0,0"><center style=3D"font-family: Helvetica Neue, Helv=
etica, Arial, sans-serif;"><![endif]--><a href=3D"https://links.coinbase.co=
m/a/click?_t=3D3aca56371967418192255878e9689713&_m=3D1a5bef08f80144bb8695d7=
319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPkxUcfN1vFiVQGMpDmS1Od8vLqGKSOwm-mCU7as=
Pf2enBqLm3AGHQTEGaKtPs8Bv6EvtEBRFj3QhS7p7xow8Ztivwgh7LCEU8S5dutNjHex9J2kA7V=
cLR8YQFmOoSfU3wLHSJF9D3fCUIPXf5ZG2pbCBuFnD-HLLNWlYqD6Bpiw-hoFa0voZujSjFh8PE=
XdsIoCHrbv0AhZoaji8pvrmm2Wm865dcc5sXKVQbdKPdTdunHnkFtrLqurolZfmw-1m34IIm28c=
4SQrXWGw8-dSfoScJmgrLHnI_XTh1m5XIG5_HtzWZZB2StkxI6jtYULjEGRBoWPjwzdFp4PfD9w=
wsY9_0okDCRhTB7ig0Qg3CfQNXxn9LufpAuoYCNIud78KIlcfjbVFc6u85Q6CWhIeaQHx21FrRn=
ZyUqahYfNkIDuEinq3W-Dz_ca_Eisd2thRLQ%3D%3D" target=3D"_blank" rel=3D"noopen=
er noreferrer" style=3D"display: block; margin: 0px; line-height: 1.2; font=
-size: 16px; text-decoration: none; color: rgb(255, 255, 255); background-c=
olor: rgb(0, 82, 255); border-radius: 8px; text-align: center; padding: 18p=
x 0px;"><strong>Learn more about inflation</strong></a><!--[if mso]></cente=
r></v:textbox></v:roundrect></td></tr></table><![endif]--></div> <table wid=
th=3D"100%" role=3D"presentation" valign=3D"top" style=3D"table-layout: fix=
ed; vertical-align: top; border-spacing: 0px; border-collapse: collapse; mi=
n-width: 100%; text-size-adjust: 100%;"> <tbody> <tr style=3D"vertical-alig=
n: top;"> <td valign=3D"top" style=3D"word-break: break-word; vertical-alig=
n: top; min-width: 100%; text-size-adjust: 100%; padding: 48px 0px;"><table=
 border=3D"0" cellpadding=3D"0" cellspacing=3D"0" width=3D"100%" align=3D"c=
enter" role=3D"presentation" valign=3D"top" style=3D"table-layout: fixed; v=
ertical-align: top; border-spacing: 0px; border-collapse: collapse; border-=
top: 2px solid rgb(222, 224, 226); width: 100%;"> <tbody> <tr style=3D"vert=
ical-align: top;"> <td valign=3D"top" style=3D"word-break: break-word; vert=
ical-align: top; text-size-adjust: 100%;"><span></span></td> </tr> </tbody>=
 </table></td> </tr> </tbody> </table> <div> <table style=3D"margin: 0px; p=
adding: 0px;"> <tbody> <tr> <td style=3D"margin: 0px; padding-right: 11px; =
vertical-align: middle;"><img src=3D"https://d15k2d11r6t6rl.cloudfront.net/=
public/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca563719674=
18192255878e9689713/dot-1.5x.png" width=3D"12" height=3D"12" style=3D"displ=
ay: block; width: 12px; height: 12px;"></td> <td style=3D"margin: 0px; padd=
ing: 0px; vertical-align: middle;"><p style=3D"margin: 0px; font-size: 16px=
; letter-spacing: 0.075em;"><strong> MERGERS &amp; ACQUISITIONS </strong></=
p></td> </tr> </tbody> </table> <p style=3D"margin: 5px 0px 0px; font-size:=
 32px; line-height: 1.26; word-break: break-word;"><strong>Why Yuga Labs=E2=
=80=99 purchase of CryptoPunks is such a big deal</strong></p> </div> <p st=
yle=3D"margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">In =
a blockbuster move last week, Yuga Labs, developers of Bored Ape Yacht Club=
, <a href=3D"https://links.coinbase.com/u/click?_t=3D3aca563719674181922558=
78e9689713&_m=3D1a5bef08f80144bb8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CP=
j6EtrbY_HQgXy0dX3qGNc5UL2QpMyVPQRAiPn6saPAPs5z75R8FB58ooNQjLYKdRcteS5cIbHLi=
ofe7AkdgqQPNIlz6YJqWcIvZAef4s63X4oqCpEJCmFWMvhqmFQM-qEZs-xvZGDImzGjrDsWjGyO=
iF20NA0ticNtSTHB9gxlyv_sQhHVZ5QXL_GiHSJ0JVdsxvRmCUj68YzJXr0IG0zjSFxJm1TeG8c=
peL8qBF4wB294u5Y-QlHYeCMIHF5d_eRW2cVD8WdA4eIoxAsWW34GQQ8c6nc5tluCC0kjmYbcCz=
6eNokj8p3mjEqfHNCbmX2YlzyzlEtxQWNEGfWj6LziD4TJXLIWCIlFLc-7YQg9iNHfW4km-RXn3=
QujCQ79jL3T-J-Cspog-DC1AmHtN2uvBAy05XqzQCE_nTUUppkz7M01t5QwZjupprvAsV6E4Ig%=
3D%3D" target=3D"_blank" rel=3D"noopener noreferrer">purchased the intellec=
tual property</a> of the pioneering NFT collectible series CryptoPunks from=
 its creators, Larva Labs. The merging of two of the biggest collections in=
 the NFT space is a watershed moment that could foreshadow future NFT proje=
ct acquisitions. It also highlights the vastly different approaches major p=
rojects have taken in regards to digital ownership. Let=E2=80=99s dive into=
 what the acquisition might mean for the future of NFTs.&nbsp;</p> <!--[if =
mso]><ul style=3D"line-height:1.6;mso-line-height-alt:26px;"><![endif]--><!=
--[if !mso]><!-- --><ul style=3D"margin: 10px 0px 0px; padding-left: 24px; =
line-height: 1.6;"><!--<![endif]--> <li style=3D"margin: 0px; padding: 6px =
0px;"><strong>The deal gives Yuga Labs ownership of the branding and logos =
for CryptoPunks and Meebits, </strong>the two biggest projects to come out =
of Larva Labs. While financial details of the deal weren=E2=80=99t disclose=
d, the two collections are massively popular =E2=80=94 with more than $2.5 =
billion in combined secondary market sales. Unlike many major collectible p=
rojects, neither CryptoPunks nor Meebits earned Larva Labs royalties on sec=
ondary market sales, but Yuga Labs says it has <a href=3D"https://links.coi=
nbase.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D1a5bef08f80144=
bb8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPj6EtrbY_HQgXy0dX3qGNc5UL2QpMyV=
PQRAiPn6saPAPs5z75R8FB58ooNQjLYKdRcteS5cIbHLiofe7AkdgqQPNIlz6YJqWcIvZAef4s6=
3X4oqCpEJCmFWMvhqmFQM-qEZs-xvZGDImzGjrDsWjGyOiF20NA0ticNtSTHB9gxlyv_sQhHVZ5=
QXL_GiHSJ0JVdsxvRmCUj68YzJXr0IG0zgAxAC8gBkw38dks2z9C5_IzyIEe3TzlYPEBgr2gVnl=
x0WSJBHyxm8s3WnvL87FgggFP0wlyX8NT7He0TgDD4kZsaBuKAQk9tCPou6jtqGoqanRMCEl4Ji=
uNJAvtOVPLNHc_0cq-p6tSVK_2ZIxGpO8jptkyMZw0DOveNn1XIgR0a60I0VLoD59jJjmZZPD51=
h3e5fp3YpfSCzULFP4z9got7VKwNV2P8fI9vN3VYE6Jg%3D%3D" target=3D"_blank" rel=
=3D"noopener noreferrer">no plans</a> to introduce royalties or the =E2=80=
=9Cmembership club=E2=80=9D model that has defined BAYC.</li> <li style=3D"=
margin: 0px; padding: 6px 0px;"><strong>In a major shift, CryptoPunk holder=
s, which include stars like Serena Williams and Jay-Z, now own their Punks=
=E2=80=99 IP =E2=80=94&nbsp;a perk </strong><a href=3D"https://links.coinba=
se.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D1a5bef08f80144bb8=
695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPocZ_HHexQ1X-CNr4D3mIMvIZ7I8oKFgUR=
RFPLEPC6_ilpuozGAh6kXyWPdLYi8K7za1cTMvhd54m9mKtUFm7oDdjJ2FuGhH1IT4caOI1XwDy=
fys2g4FHovVp_lrR9qoml6C6NiMassdbRGKwCYnc4o9iLNB1UmLrEIBaGuXfBBLh19JeOQvbMoD=
Hl4SP0zdN37GIx4C2-m2FT7JoTvFPyEnP8FPoxTMTwbyuvUSqJWxy8d7WKb0LC5ja6kdN09CEWD=
AXjb150chUmNHu1NxDaRXpH15_Jg_zUtUyZgukUFWYK730bgoLsVYSMp-K43H_0asgOn9JlLSX-=
MZike_Hts4e1AU57FKrPAwLp7FYMUiXxnM7Xo7RdFga_y5hnvuDmQ9hhhDCpZrz2duUW1_70fUl=
6_9RrxxvWvwzbdd5_7jCY4M5pGf3SOfg4nbQy0Qqg%3D%3D" target=3D"_blank" rel=3D"n=
oopener noreferrer"><strong>long offered to BAYC collectors</strong></a><st=
rong> </strong>(Meebits holders get the same rights). What might that look =
like? BAYC members have cashed in on their IP rights in a wide variety of w=
ays. While Yuga Labs owns the commercial rights to the overall BAYC brandin=
g, individual owners have put their NFTs to work as the faces of a wide-ran=
ge of projects. The band <a href=3D"https://links.coinbase.com/a/click?_t=
=3D3aca56371967418192255878e9689713&_m=3D1a5bef08f80144bb8695d7319209939d&_=
e=3DYp1Ao0BC6sy5WPuFPp4CPkxUcfN1vFiVQGMpDmS1Od9enOWqQg1flGtPWnWkdczQZ0TpEWM=
4sM55sXZtG7rHFLe-85MURyD5lB30Igw95eGDPz4ZFJIurcZYDRgpe8Nlue454ZYuJVMtqm8TxG=
ITELItVOv4tqX4eOmaCx7EClVZQM4dlOzOXEgcqseeENDkcBp34sdP3802z2kQkgvIGlODbN6-E=
ozt0kDIkNwGDwNIvPg68wp2kIWItVWDs_X8hCO0JOh0xplblnoJzEmoGrno2UMO5fl9UgTV-a8-=
LZVnKnfKBkRyao8CJ4WiOFyYraDZlX7uUkYzyHZnUDSlcaUht4pGrlzNqsdpewm9HkFrfeZ52RJ=
bvQ6pF18P4oVQN-_5E7_n73iWLx61LTZ4MzjnbNalImiF9lRgp8DpBAbe68nEgKSwZ2I4gq8bjz=
zQ" target=3D"_blank" rel=3D"noopener noreferrer">Kingship</a>, for example=
, which signed to Universal Music Group=E2=80=99s =E2=80=9Cmetaverse label,=
=E2=80=9D is made up of four BAYC avatars, a concept that has been compared=
 to the virtual band, Gorillaz. Other holders have used their avatars to he=
lp market products ranging from <a href=3D"https://links.coinbase.com/u/cli=
ck?_t=3D3aca56371967418192255878e9689713&_m=3D1a5bef08f80144bb8695d73192099=
39d&_e=3DYp1Ao0BC6sy5WPuFPp4CPrqiETBDJoDC6WWZWYc5Ras5hH9SaMoFCDlblQVgLGlOmb=
sYxJrEb4-md5KRQ_DqsypUV2ahGLrUPyUiJjbBCk9odWubq-dR44Oxtoqcp_mvG7z-b9ITET-bz=
pMVB7hqYQKFJijJ9TlDOxH1O_qaUWqLttw_1M_eVxQaGeOvxSWk0gE72GpUmuKh3oFqaqapJdcD=
wpGIHZPexsgA_UdTcN-hCjZe8BFF5qbhisKPlxPhqB9OxY9fBR1hXKpuXdApIAMmKlaLrYXEhib=
dbLAJATyz-yIEBT5VVfL2M19I0-5f2LXorPUXQ5Zl97DS8um3xUhefUAtmw1FUKmJMTF_NEbKle=
CAiiyGL0otxUAn6fStmACJns6OeT6oCCDB2aOm3Ihgf7HVuEZLn6I8NQJtrQQ%3D" target=3D=
"_blank" rel=3D"noopener noreferrer">IPAs</a> and <a href=3D"https://links.=
coinbase.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D1a5bef08f80=
144bb8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPj6EtrbY_HQgXy0dX3qGNc4ChMuc=
QzTVwTliHuOLjHXnjhUskMuThB1NmfZqCh6ftY2VYAsBr2bCOArfE2pOLpjjfvEFVp5GaLjio61=
pzYbPpEJCxplKxewSI4ZUDFrObBGYPHKWgIq-DkIHkFJURLiZJSaQ7cOPRY64gPIYqMzUAce-vy=
JQ8sDvLaoaS77jOBR_Xx4IVFlvFGTBwiX6ApCOosW-82JjeEBquWzLZOITb8EqjMtfUSPmBS0Bz=
DyY8yx4BbodgP0YIO_N_hC_v7zxjHCsMLgYUQaFvxD7YnyW7lntb-T0pe2gabZ36YCpTxaOBh4t=
0xlAOPrFwfW5OELtQAp6ViVrQmaHoGgAQaRlL7EDvNykUOdjpMLxzpjxodhNhvi5k5MjjvTVyKF=
pNOkQ5aRAslqhB7aT3o8r10s3MQ8wTmtIiBD0wSwK64zW9g%3D%3D" target=3D"_blank" re=
l=3D"noopener noreferrer">cannabis</a> to <a href=3D"https://links.coinbase=
.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D1a5bef08f80144bb869=
5d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPr4XRz9kA-rr92S0zX5tXBalmiBsx4Xw0wTA=
5x4KU9VjiNe1f8bWh7qKpax4WSSWVe3_Y0tkJCa_flUah-1CQEa39gSbNb_qYuqWP2Ifs_-53im=
6PvTy-e7ochEbt1DewkJodxvV4w5fa1rtVBq6zZBkSprED6pcymkXTsBx2eo86OL07rWoTJ1mDq=
K4IyN8EimP8vSqF7LCE4yahND7Q8tkGL6eBT815JxHWwNMNwYFcu361ciJfcQqfaImsIPv0kXX1=
V76U0BmpQjCSsOyBUWeLHzverLJIITiW421xW9EfOerwalZf7rMr6m-rnaqrrjG916IRTru3dIq=
JifiTPpOQEeMtOQxje4vbnOYSM-PrkYwO2aYe8CfS0McwIWsmg%3D%3D" target=3D"_blank"=
 rel=3D"noopener noreferrer">comic strips</a>.&nbsp;</li> <li style=3D"marg=
in: 0px; padding: 6px 0px;"><strong>Despite having </strong><a href=3D"http=
s://links.coinbase.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D1=
a5bef08f80144bb8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPvVG-EGpFE9NBNCXXj=
ttOE-q77iTibAtjlTM3LY1Xvp4BPKS-iC-p54EhUAOWCM3ZnAAgXBOas1_lIKZM4eRpyGcjlqkc=
qreZw4quYlZrCXxqLtoR9bz50lPnZ8x86TUDYgMEegqLJWWTYx5Qe9P8U9HV44ZcoiCtos_Dfu0=
C02Pcrw3TSawmrBk0aUx10JJp3_KsGAYQ4efSr1uen3YR80NTBjunihghkLTJfstiCO4nn5ohk9=
w2PT_1SHwsCW1OWPp7mJMkCUWEa_biTJBGna6rlt3s1HmMrphL3yLv7tcJJx3Sal2Uw1KIkBsco=
XBHcg5h16B4tRHaQHzENOykoL2rZq2Ssns3QVX6S3hPa18aZdcj_O9H3cVqVtO5cSF42IZHeTZY=
YVNG5C-ztGNRQj5FA3FUY_HDerSyipPMC1CqlqM6_G7gSK9McQQY5W9sQYFuemhe2rdwZNG_zLt=
lFk%3D" target=3D"_blank" rel=3D"noopener noreferrer"><strong>signed a deal=
</strong></a><strong> with top Hollywood agency UTA, CryptoPunks has largel=
y been dormant,</strong> especially when compared to BAYC =E2=80=94 which i=
s famous for throwing exclusive parties, scoring major <a href=3D"https://l=
inks.coinbase.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D1a5bef=
08f80144bb8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPm6HaFtv77k1Bl5FcN7WluQ=
g0XJKH4hMAuBNu9gcNNoqWg27uoNmiXcPis-55ucoI8kz1z7aG026T7-cK8AWwPvStxw5SVNl5L=
pNOCI9-jS9tu8YMWA2m0NPGhMGIPBd_ugHzSQWpUVl-hbQZwnFW3OsANjbn41zgEhSmnvCSqf1N=
__uSHsbEWlcPqdHO40shEExCVeA9oT3Pc7MTOvgkAqJPSNSOGqiNDZ7CJkUq4Eda6KhcQbWpoJ0=
aahn1W1TvAQrrj3AiBjbzAXDqI7p7R07KRYG_h7SDcGcdbs4GAwKeqwKr8OD7kMi9TOwTtBahX5=
KJ97PhOlLX-xlpgjVyjLXElBtnKNGycJQcx_iE9FvXqIxPvwWdJCscZcTH4D0dOtYhsFiQdWOVW=
BNp5V8iq0ykkjEz2Iku7wq4GVaRka1_csxJLHulC2hA-PLT9lnq828txa8Yy343Hya3D-8rRg%3=
D" target=3D"_blank" rel=3D"noopener noreferrer">magazine covers</a>, and e=
ven working on a <a href=3D"https://links.coinbase.com/u/click?_t=3D3aca563=
71967418192255878e9689713&_m=3D1a5bef08f80144bb8695d7319209939d&_e=3DYp1Ao0=
BC6sy5WPuFPp4CPqqOEyY1J2qBTaYBN_HSwiCRk9rnDxa-7x-Z3MR6iCnJJATgT0GuMCMvmgkPw=
uS3hyyFqs2h2KcPzCbKox02MlVFSBuLdgY13JzW_CVsd4vcyq_oA0bb-KtOoqpjy96iuZw9GdlF=
vkAC-YCavsklfKW07L5ys_NdsYAdJaXg17yPqvbZnAZL68fHJ8_7PGC2jkYfwZfvREDBQOmKLpX=
Y0_DrlvTe_oiGHmbDhrdTy4nkfQWlQRxZas23qsrXyhWxcC8BQctVpg6W8DsbSQAy5hi5V0izSA=
k0jS04nXpvzjQgU9A5B_ZwuvlDcKql_k9eEO4zGfKIVTEkhMpG0MqE19J1KyNUWaP4-g3SCWPHM=
EuxvnCQAW-ta8JLmfHXioP7mhmm489fEiaCcyQ8O0-tjmYVdz2gUiZ65Ren_TtNC74H" target=
=3D"_blank" rel=3D"noopener noreferrer">play-to-earn game</a>. In a stateme=
nt, the founders of Larva Labs admitted that their hands-off approach <a hr=
ef=3D"https://links.coinbase.com/u/click?_t=3D3aca56371967418192255878e9689=
713&_m=3D1a5bef08f80144bb8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPuTFHkd9=
hMf3kclFJCZU2LwQNI22NpPw7s5SwmSCO65wPlCcxFKM8DuUDwqISiyQN56Pv1dhhX5vk-eHniV=
hNca5dHS8-MfelipuFD2e_KNQhAloMOmSO5AW_Mw0Ss12RqMlRz4AZPAdOBWV9ZVJK9lM3nplHK=
dOSk4JlwIochRM27fdOR15FlECIRxYvxfpAmO4UNH2d7f1yBAKwSwuVwBNGkO_pyxbsKsnJip4Z=
RRqNEQc8bbuGVlRPU59SW_FK2kD-R2hIMSlZm6hAziwcWQM1T88xTxwZrPzYGyyJlGZoeFq2Gwd=
MpoVEkaHV5AJCp_HxKsAOn3Of1VEmOAYAoINQxmwkJPC9--QpjBK4TkEjnaZQTmTrBhjlAzGt6j=
s4LR8j1PnIOTm8-yPLDqSR4c%3D" target=3D"_blank" rel=3D"noopener noreferrer">=
might not have been ideal</a> =E2=80=94&nbsp;and that CryptoPunks and Meebi=
ts =E2=80=9Cnow need a steward with a different skill set in order to conti=
nue growing.=E2=80=9D The differing approaches could be reflected in the pr=
ices of the projects =E2=80=93 on Tuesday evening, BAYC had a <a href=3D"ht=
tps://links.coinbase.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=
=3D1a5bef08f80144bb8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPtFC_FhSECY6w2=
2PVGhK5OX9bsh1FjAl1t9ZJ6DNilK9R7vbeEopaY-V7m15I4pSDTt3FA1Zupa9XG2tTAxZU2Mly=
Ipl2omZ37uDj4GKh3xtGZc7hm3XsC0maFLJGDboJ6YoucSVK1Sw6fYF9hi8z7Z1t_LBNpdWyCrx=
HSHZNsoLDevBc0FwR1njA2l6iPk_1yXB2DtXWWoYH3hOpfMbGCEfrsqm_sUkX1ZjTTSH0MaIhAI=
n5bw5uvZ8kgpKUADj6tQt_oMxdWfi1x0sjBxeMIeMf-d6kZAbiGpbQKn7aT8jJ5g9eF4H2YzerH=
vfMbR0Kyx8Nhnc2A4hVXVnCw1Zrq2VN0-6kDxc5A7-AmsMtoXePO71keTCvrEZoDqyqReQ1qkcN=
cuyVQopxUX-2g1KnMw%3D" target=3D"_blank" rel=3D"noopener noreferrer">floor =
price</a> of 89 ETH, while <a href=3D"https://links.coinbase.com/u/click?_t=
=3D3aca56371967418192255878e9689713&_m=3D1a5bef08f80144bb8695d7319209939d&_=
e=3DYp1Ao0BC6sy5WPuFPp4CPorMVH7M9y-8i6UUxZlOqJ5G0YcCox5XLzOUXCkshBYxB2YNOoy=
X5gP6dz3OjLb7TDy0IoihjdqC1cM6fOSjIbkQJW0mmku5sWzB6oNDqkEWsH3VJ0-lo9n7y0ALYk=
Sueq9RM8Zye5a7RFK7wZamChhdfixgK06wbI2a76MzV96HqAVud5W-GnAcNHyIlo-RzXya5uDDq=
ywkkHbUu0d_jQryd9InWzp68nasyI2wZeTAiyJgHPCdTH_oBn_jeAJxVhJ5qluzwuZ_y2qmVOCd=
GSjSbodeLneIbtsZQigXIyhl8UOFuYzC6aztAHjDuJbGBmbFLnNb2VJ6xxu5Qw9-BHidMdJ1bSD=
1ZG9XCI50dbOsnf1zSF8HY8lOsTGJQurWtw%3D%3D" target=3D"_blank" rel=3D"noopene=
r noreferrer">the cheapest CryptoPunk</a> was going for 67 ETH.&nbsp;</li> =
<li style=3D"margin: 0px; padding: 6px 0px;"><strong>While prices for A-lis=
t projects like BAYC and CryptoPunks remain high, the acquisition comes at =
a time when many fear the NFT market is cooling. </strong>In recent weeks, =
the <a href=3D"https://links.coinbase.com/u/click?_t=3D3aca5637196741819225=
5878e9689713&_m=3D1a5bef08f80144bb8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4=
CPse2h8Ca_PCuoYLKoOE8eN76nrlRrGFwKTMyQJTf3yE8Erpe80H0l40pbjDTPid6ZlHJsLRCqR=
69gvpvIGSr0JP6TSAQKgWiafvICHIDNgqiqcNmE2N28AaPDH7xy3KbLL66kp0zvuxNdwfQW6Nu3=
UfWvItbToY0Fobymwiezcgc_pmbsP98QRgsUJyiVQKxouwjr8qGX4m1t_Z9HMoTFMBebmoEcnkG=
6CQU7qcS80wM3h_0jEVsZV5vV-oT1MVgisFk3aNx5Y0VQ7ASUnH9B3Yuye8HYC4x2YTgk6c1Ye7=
ZkHvtwZtByTLfqYV3tVR_N22meZYM6XddtUmmSRaUcXAiWBc3wrELr63Y-RsGojah0Cyvu2jv0P=
Cjfxh_oSGVEhxrMY_8oMzAiM-vo828BJxDQ1ZSe2TZirzFDVEIv516" target=3D"_blank" r=
el=3D"noopener noreferrer">average selling price of NFTs</a> has fallen 48%=
 from November highs. On OpenSea, the largest NFT marketplace, trading volu=
mes for March =E2=80=94 around $50 million so far =E2=80=94&nbsp;look to be=
 far off the track of last month=E2=80=99s $248 million peak. The number of=
 accounts buying and selling NFTs weekly has also dropped, from 380,000 in =
November to 194,000.</li> </ul> <p style=3D"margin: 0px; padding: 0px;"></p=
> <p style=3D"margin: 16px 0px 0px; line-height: 1.6; word-break: break-wor=
d;"><strong>Why it matters=E2=80=A6 </strong>The <a href=3D"https://links.c=
oinbase.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D1a5bef08f801=
44bb8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPklckQSCG4gD4r8LaNdgGsxOU12pO=
FmDZesgzTcrSra1ve3L7VEw4iba-a6oVCPtfhGmNMJsuyjFL4ynWKRdNpDORgnAHE7zwb2vKcBW=
ecPxzsOvZeiXiHgf-Ww8gKQ_f9LQT0WTH2W6jFo9LFv2ARTDlAShYh7K35PZ2VhBMXWasSqHvaq=
Sm2iwOQGyi_G2jd_k0MwOuAozX2RD0dNCfMcgjI28HsLhkSKO8FzyLtE5VwRO-aBlK_AjH_ml8c=
BY6BUZqLWR_83Z2sgVbjDgdKCOmSddtpGkzyGLYTNhrngEOIWMkK9yOY38A5L3Aif0L7OWBExhv=
FGRmLC1Mbk3XQVO55qrVvbsMrB0WmzIkAALt5yEMFcHtxauDkgklyA3Ub1reWkWQJ0mG-D4mUiv=
bPc%3D" target=3D"_blank" rel=3D"noopener noreferrer">positive reaction</a>=
 Yuga Labs has received for granting CryptoPunk owners the right to earn fr=
om their avatars is a sign of how highly customers of Web3 brands value <i>=
real</i> ownership of their virtual property. The NFT brands that grant <a =
href=3D"https://links.coinbase.com/u/click?_t=3D3aca56371967418192255878e96=
89713&_m=3D1a5bef08f80144bb8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPnzbig=
3GhmgLUOQgRGgJp6uEdJU5sc4IuKglcVrLvmefiTFFuFb4F2c1pi8evxC0wjdzuzhKfzG1G_UF5=
jZt_qYFN6Ok7gaxd_DHFqShR6LImdvWmY_P7Zgxdx_idyNm86U1_3WPoliWIElcZ63G7pcPwcnR=
jPipwQIUOjA3snZP_oT3h5nOcHCR5v0G0hXmFZAPw6-zqRSyJEDNIstqMlhoF91QWdV4O_7lyY7=
nhHzFIEGpCSq5PsippUgkkiQjiPQzOi85umGKrqkwjbB3wN1WGRUlk0Dvdj8TSESB4JpBR6UCWh=
oxoJB4VzZ7o7P-VLxZxtS0q3yQEPsm87NoOsHEKniV46LLhs7x0hCgrMzm_3DZqE7MX9_2sFDVQ=
lMxqNgemyW37mgTPTbDmm2BrH8ilbMgESkfF0xSpYXYyUCQ" target=3D"_blank" rel=3D"n=
oopener noreferrer">ownership rights</a>, like BAYC, Nouns, and CryptoToadz=
, will likely see deeper engagement from their communities in the long-term=
 than those that don=E2=80=99t, as commercial rights incentivizes NFT commu=
nities to innovate with and add value to the IP they own.</p> <div class=3D=
"cta_button" style=3D"margin: 24px 0px 0px; padding: 0px; width: 50%;"><!--=
[if mso]><table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=
=3D"0" style=3D"border-spacing:0;border-collapse:collapse;mso-table-lspace:=
0pt;mso-table-rspace:0pt;"><tr><td style=3D"padding:0;" align=3D"left"> <v:=
roundrect xmlns:v=3D"urn:schemas-microsoft-com:vml" xmlns:w=3D"urn:schemas-=
microsoft-com:office:word" href=3D"https://links.coinbase.com/a/click?_t=3D=
3aca56371967418192255878e9689713&_m=3D1a5bef08f80144bb8695d7319209939d&_e=
=3DYp1Ao0BC6sy5WPuFPp4CPkxUcfN1vFiVQGMpDmS1Od8vLqGKSOwm-mCU7asPf2enAQK4slcu=
beNZLv5IX4QSsnKuMV9n0TRmeEs01s7EYxGiA1UzzvYzIcyJp1MoFZsGARFXbbzqsKqycQk94Tk=
FO8l-gZUyNpsgjc0FML092GMDxLjJQnkbyjx4pHIFGd75cBmHPPPiivRLWEfQlq199FT4qYwfzF=
KJ-sZzIsxDfHjhZQZQbQPnPz26DSQzLnJIueeG_QjYQa4Ydo27LSFSot0GztHsgQrosmc8bIrAw=
XhENacTt9csoIyfKR6j3LntKg5uJ9GeBmvsz1Kw9LMW8Efosp8k4-zEcbUBpEfUQd4HdOtaJl_Z=
p9hxx4vkNRtf8lXN3xcxGzbR1sIk68ddsvdMJ2Zo8OJrMDyHUAWxWIktA23W1_oA6oCwuHaJ6Ne=
h3l78QVuy74WuhLlAW0iyGg%3D%3D" style=3D"width:350pt;v-text-anchor:middle;" =
arcsize=3D"17%" stroke=3D"false" fillcolor=3D"#0052ff"> <w:anchorlock/><v:t=
extbox inset=3D"0,0,0,0"><center style=3D"font-family: Helvetica Neue, Helv=
etica, Arial, sans-serif;"><![endif]--><a href=3D"https://links.coinbase.co=
m/a/click?_t=3D3aca56371967418192255878e9689713&_m=3D1a5bef08f80144bb8695d7=
319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPkxUcfN1vFiVQGMpDmS1Od8vLqGKSOwm-mCU7as=
Pf2enAQK4slcubeNZLv5IX4QSsnKuMV9n0TRmeEs01s7EYxGiA1UzzvYzIcyJp1MoFZsGARFXbb=
zqsKqycQk94TkFO8l-gZUyNpsgjc0FML092GMDxLjJQnkbyjx4pHIFGd75cBmHPPPiivRLWEfQl=
q199E5T6aEfcC9di-OhYD8UsRp04qJbf2CRl-Ru03TSUFwDdNqTXssScxwud6IDI0kQig5HkQ7H=
Tc2vA0qwUohNCEgKciVPkIGB0lqqKz7hSUNpa6mA9JXmB-ZsLGksdcKkjAY2Y5u7t45v4do2khs=
u6L1E23Wt83ffhkR3zOhJtDjIhkZpRVmTzEvrHLbkEjhneC88NKKPoMGJM5-QYrQ5OiqCFxZMdx=
ghKRfHo-zCNPmTiXJOC4N5s0LPvxSJesFeHA%3D%3D" target=3D"_blank" rel=3D"noopen=
er noreferrer" style=3D"display: block; margin: 0px; line-height: 1.2; font=
-size: 16px; text-decoration: none; color: rgb(255, 255, 255); background-c=
olor: rgb(0, 82, 255); border-radius: 8px; text-align: center; padding: 18p=
x 0px;"><strong>Learn NFT basics</strong></a><!--[if mso]></center></v:text=
box></v:roundrect></td></tr></table><![endif]--></div> <a href=3D"https://l=
inks.coinbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3D1a5bef=
08f80144bb8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPkxUcfN1vFiVQGMpDmS1Od8=
GFYZNOEZuaVr2DUuQvj9L-5YtMUKwqZ4I6L8UrPEEzgUl_fS_qyBfBt3sRz6OYnMg_38W-0yior=
L8yrjVxzC5E3UOelhxmI9V0pSDOEitONYhIFwjGio4MD0GENtKbzUDZoGFcv22FWIT7pFjl-bP9=
Ao7Ezf_AGCIHaj_XGokQwT89AKV2ArtG9MnXbmLPEJj7_p5Y6kztrMeRJCipR5G3D6Yvohdz_vy=
4N4uulYRUNHXNaaeWjfyT8Rf5KXzW2WAsxpfEXaJUirc7K078K5js4q8wJXcsdb_lfkx26PpYeM=
ea4CA0EW-DR2S-mjdV9Q6_CvphxhTTwxqNPZLSdQIrziPYCZ5xkgV2bdxvJljhg%3D%3D" targ=
et=3D"_blank" rel=3D"noopener noreferrer"><!--[if !mso]><!-- --><div class=
=3D"desktop_hide" style=3D"display: none; max-height: 0px; overflow: hidden=
;"><img src=3D"https://images.ctfassets.net/q5ulk4bp65r7/28RPj3RUwCb6Cpby29=
8aZI/c9e876c8644086f83cfcadb4684cb11c/new_promo-mobile-earn.png" width=3D"1=
00%" style=3D"display: block; width: 100%; margin: 64px 0px;"></div><!--<![=
endif]--> <div class=3D"mobile_hide"><img src=3D"https://images.ctfassets.n=
et/q5ulk4bp65r7/6I0yCrePeiDJSGjYQ71pdp/ea86db5907bfdb3766afc7122b5417de/new=
_promo-desktop-earn.png" width=3D"100%" style=3D"display: block; width: 100=
%; margin: 64px 0px;"></div> </a> <div style=3D"margin-bottom: 16px;"> <tab=
le style=3D"margin: 0px; padding: 0px;"> <tbody> <tr> <td style=3D"margin: =
0px; padding-right: 11px; vertical-align: middle;"><img src=3D"https://d15k=
2d11r6t6rl.cloudfront.net/public/users/Integrators/669d5713-9b6a-46bb-bd7e-=
c542cff6dd6a/3aca56371967418192255878e9689713/dot-1.5x.png" width=3D"12" he=
ight=3D"12" style=3D"display: block; width: 12px; height: 12px;"></td> <td =
style=3D"margin: 0px; padding: 0px; vertical-align: middle;"><p style=3D"ma=
rgin: 0px; font-size: 16px; letter-spacing: 0.075em;"><strong> NUMBERS TO K=
NOW </strong></p></td> </tr> </tbody> </table> </div> <p style=3D"margin: 1=
6px 0px 0px; font-size: 32px;"><strong>$27 million</strong></p> <p style=3D=
"margin: 4px 0px 0px; line-height: 1.6; word-break: break-word;">Capital th=
at Magic Eden =E2=80=94 the largest Solana-based NFT marketplace =E2=80=94 =
<a href=3D"https://links.coinbase.com/u/click?_t=3D3aca56371967418192255878=
e9689713&_m=3D1a5bef08f80144bb8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPsQ=
GIQ3gbaa2k3wm5MyH_SbGn-_HMzEsLY8Ex9qHARYsL_dvuGHkK0zniYJ-ZYpfw-1f-ywRw1vSN3=
fX4NtXKsuZVq07lfcmR4Ohzqu4umkemTtF_PenhkxhQVvUAYvogpLc2Qug15LuDpFAjJsgrD0WP=
-6qz08o0bQulAhjLefiJITyjQWcJg1BEuSTQMUqn0dFvbjKjsxf-y-jioKhTvPHcRvijfeZWGkf=
mVXwUglvK8LtDKNOeHtB6PnOAMCj0Rn--UrzmHNX8jsWvzpiEoRxu69KMa2Ll5QXXpIokbU70EW=
PViYGSKyge-xamD_WtaAx4ERlvF1nPwYWHWAGLBsVlh7VNP6pRTYMTzz6Dxz3pUyu-NPqLoH-3-=
bJiGK6RxWVdV6gXe-05-1Djdpzz2_z9duwgUTxCZkkeb6Gh4je2TTLZfJQ_4OebihRKhL6YvpQq=
NuY3SKzcLm09Bqm0wo%3D" target=3D"_blank" rel=3D"noopener noreferrer">raised=
</a> in a Series A funding round this week. Industry leader OpenSea, which =
is <a href=3D"https://links.coinbase.com/u/click?_t=3D3aca56371967418192255=
878e9689713&_m=3D1a5bef08f80144bb8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4C=
PlrN2vrnFxsFE31ijh1JXjo3jHFiOKa48VpZu9UiYdSWLqEDmlr_RhodMARQd5woYzQT8yeJZf4=
CQr7Yk-ov_Z-MWRwXHtBTtBeO1GoKPxWz0fVRB_JVAvkWaV8yzWuEQcByfGjsQrDn8tbTr7GKxY=
c4faKvBuyhHfR3_Bldyxcv23upAeYh9RTteOewqz88MO0_r2yql3qv2HpR-GrZriqx7laFr3if_=
26oywpvv6j4vdmN-2vWxe9YlJqrgeQImG9K1isadzdR6ORN53_AemcmUuIBeWO_Damxv3iMvzL9=
ijE-SwmHqX0_7QXcBl5CpTdWbdWUSei8oT3feAa2dXU7gNhe2ImZR-jt15d9_JWQbDT3RstPLeR=
9Sq8ZrXT5ztDKq4HND3ZnDXnAC6gkqe1tIOU4lItHmVnWlA53UVW2" target=3D"_blank" re=
l=3D"noopener noreferrer">still working</a> on Solana support, raised $300 =
million in January. (Solana is a popular alternative to ETH, thanks largely=
 to speedy transactions and low fees.)</p> <p style=3D"margin: 16px 0px 0px=
; font-size: 32px;"><strong>10,000</strong></p> <p style=3D"margin: 4px 0px=
 0px; line-height: 1.6; word-break: break-word;">Number of free Solana-base=
d NFTs that are being released on Friday as part of the rollout of a new wr=
estling-themed animated web series, <a href=3D"https://links.coinbase.com/u=
/click?_t=3D3aca56371967418192255878e9689713&_m=3D1a5bef08f80144bb8695d7319=
209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPnXQE9Fol8kA-rUp0zO6KuDAUmVS5SShcKpGuXp2zO=
13rZj3vSS0V_AtUfJC24sM2a4UqXC4FxfF-KY7JzAyXyIKkg8YUMe6Aheq3gTYfu5MHLZtSpoF4=
XFnMtyksagCxCM_R1Umo5J_CoyArbiSvtfRS51al5MTaCpjbzlz-Zv-8khSTL1jc6ipd7RP_iyH=
WdSG_i6csQ3ApoW1ADQmte6R1Y12U7vS98aGCyMKIW8SSqT4vqOrG8DMsCgBf9glI6VfDuStWEs=
tpWLUeV3eyiWAABt1r8c35HXrdRc8gPohSUg3wBPWcsg0LdXwaADgaF72Tvdnnviv9lHEKcuf4r=
NjvP5LR-NfuEnSpWvoHnoSSwQY9XSwJSsAHM9qHlk9sba7lGmyHgD3sy-cGd8Kt5TX_xoM_Yv48=
iDXox4EmgqGFN94l6AXqIB9A8Xk8uf8nw%3D%3D" target=3D"_blank" rel=3D"noopener =
noreferrer">The Gimmicks</a> =E2=80=94 which is being co-produced by Mila K=
unis=E2=80=99 Sixth Wall production company. Similar to the Kunis-produced =
<a href=3D"https://links.coinbase.com/u/click?_t=3D3aca56371967418192255878=
e9689713&_m=3D1a5bef08f80144bb8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPuT=
CBXvGo6XDqft4GIN9I1tyhk6DetufKYac_Kj-y_NFGtgxnNe6_MXgUFHO9JyjEZPn7C3-2WUrTm=
QE64j5bZ1dtyU9M8PqdOTvWoFMII8FosHrGJG4UpjYv12G9hO4hfPgRhlOmOoE0czhI4kwSRkrQ=
bfJkAB_Kgbsj2HO9qELAPTPuY51atkVg_VKCmcGALBRPdytdj68hn-HEEXgGJrD8Bng3F__UCFe=
ldiFea87YueUdDW7jTRM88Y9HVs-wze_Z4-BKY9I4J4flWVrMloGJrpXAYehcIGB7drgOmuuOiu=
ntI4juNC7mYnl4LICDbk5F6YyRkUr2NK1h1t3N1ChL9Nf7RTnAnEXY5KPV8Gp" target=3D"_b=
lank" rel=3D"noopener noreferrer">Stoner Cats</a> (which stars Chris Rock, =
Vitalik Buterin, and Kunis=E2=80=99 husband Ashton Kutcher, among others), =
NFT holders will get to vote on plotlines. </p> <p style=3D"margin: 16px 0p=
x 0px; font-size: 32px;"><strong>20%</strong></p> <p style=3D"margin: 4px 0=
px 0px; line-height: 1.6; word-break: break-word;">Percent of Shark Tank in=
vestor Kevin O=E2=80=99Leary=E2=80=99s portfolio devoted to crypto and bloc=
kchain tech. O=E2=80=99Leary <a href=3D"https://links.coinbase.com/u/click?=
_t=3D3aca56371967418192255878e9689713&_m=3D1a5bef08f80144bb8695d7319209939d=
&_e=3DYp1Ao0BC6sy5WPuFPp4CPsLEz_TBodxrrxHmInuWSzh5sU8iLDwDq1PsBSfJR2d2d0mEX=
Mn3q8apmbi-ARhtMsNl6V5L2DfpT5DqTXjQrxu92lrgXKfDd3QmBUBoKnNKwJR69PRAV6mS0Ayu=
TTMPnqkskghsOlkOgjun30HrqoEtwube_a7i8UBJCNXgI7z__POpD5fi5jl1--0HwzldCNvLsWq=
oxUdts9aurZoJ5yxFbD2f7MOHayx3nMBE7vL3IQ5TNJK9tFHctFqQ953x5WSJT2_UXp0w_4WscC=
fVM-7LHE_YZH9YfFPslMAQIgbHWq5Yp5MZyvhX5dQxBmLKaGfQ1hp0kjxj2OVTCTtEf0Uy3wOuq=
1OGEia2p5CLXZn9oN8sr5RFUxG-NkwCYiCrq9wEooLdb5srS6g9-35RxEyKZL40cZ-c60tkdfUK=
XiR1-pg6Fx4_YDLC5zun-VRNVA%3D%3D" target=3D"_blank" rel=3D"noopener norefer=
rer">told CNBC</a> about a few of his positions: =E2=80=9CThe whole point i=
s, you don=E2=80=99t know who is going to win. Is Ethereum going to win? Is=
 Solana going to win? Is it Helium, or is it Avalanche? I own them all.=E2=
=80=9D</p> <div class=3D"cta_button" style=3D"margin: 24px 0px 0px; padding=
: 0px; width: 50%;"><!--[if mso]><table width=3D"100%" cellpadding=3D"0" ce=
llspacing=3D"0" border=3D"0" style=3D"border-spacing:0;border-collapse:coll=
apse;mso-table-lspace:0pt;mso-table-rspace:0pt;"><tr><td style=3D"padding:0=
;" align=3D"left"> <v:roundrect xmlns:v=3D"urn:schemas-microsoft-com:vml" x=
mlns:w=3D"urn:schemas-microsoft-com:office:word" href=3D"https://links.coin=
base.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3D1a5bef08f80144b=
b8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPkxUcfN1vFiVQGMpDmS1Od8vLqGKSOwm=
-mCU7asPf2en4PDyZ0bX5KqUmvlzQLPb_Es8OtxyFjg-NeCZBJ379qXxusK4tA3jU6aFOmwhPQC=
lJrY-y-35j3f4go79Mv5HROw0u5B-5Lvkf2EdQLCLgyo0hdeGfPxXh7fJPuwZRD9YjmLKKjmNEl=
hU0R8vgI3LoFIG90PMKXMcUgU5pMEC960sPD4-RPJMbnDX1J0ZrIIpX6Dh0dqEAj9Hsloe3t_cX=
EuqrCFz3hNUNxb5yrMpMpQ4tgoJm-0Ix0GA0TBWsgmXi4RekiTC8GlJsfnBhbx-4CMfIamLiO1W=
yzhg-T1xMtI1HxjN3cSzH8aNrDNhwqox5tRSipdQGydRxOYePhvj87Xiyx7Qp4VbZ_aTYTs-Efb=
B0cBZFr9IN11v9M5wBMZJvjCJwXToNZMO_zfNGDpCiQ%3D%3D" style=3D"width:350pt;v-t=
ext-anchor:middle;" arcsize=3D"17%" stroke=3D"false" fillcolor=3D"#0052ff">=
 <w:anchorlock/><v:textbox inset=3D"0,0,0,0"><center style=3D"font-family: =
Helvetica Neue, Helvetica, Arial, sans-serif;"><![endif]--><a href=3D"https=
://links.coinbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3D1a=
5bef08f80144bb8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPkxUcfN1vFiVQGMpDmS=
1Od8vLqGKSOwm-mCU7asPf2en4PDyZ0bX5KqUmvlzQLPb_Es8OtxyFjg-NeCZBJ379qXxusK4tA=
3jU6aFOmwhPQClJrY-y-35j3f4go79Mv5HROw0u5B-5Lvkf2EdQLCLgyo0hdeGfPxXh7fJPuwZR=
D9YjmLKKjmNElhU0R8vgI3LoDOLVkHW1WzMhKKkO6XCvYwhFhO7RmqU90L3Ktk4g6c9FWJi1Xba=
n2K1BYOXbTfhRK_ZnBPzoCz0NaPiLxJW5cqgGZOVQcDUslP3kXKf5a14vuA5Sx16Rh1mb3BUJ_J=
lHvFUwbyqXn_gImMjHE3LIdiBmVpxynKuSybKS9OXRwgxlcTTTNjpBGt8jL4sYdBQbi7mMekCVJ=
v2TE7CbWWDCCfaCNe7IzLIJugty_B64Uu-HfhRGtLCCRyG8vgK8Pa57w%3D%3D" target=3D"_=
blank" rel=3D"noopener noreferrer" style=3D"display: block; margin: 0px; li=
ne-height: 1.2; font-size: 16px; text-decoration: none; color: rgb(255, 255=
, 255); background-color: rgb(0, 82, 255); border-radius: 8px; text-align: =
center; padding: 18px 0px;"><strong>Learn about Solana</strong></a><!--[if =
mso]></center></v:textbox></v:roundrect></td></tr></table><![endif]--></div=
> <table width=3D"100%" role=3D"presentation" valign=3D"top" style=3D"table=
-layout: fixed; vertical-align: top; border-spacing: 0px; border-collapse: =
collapse; min-width: 100%; text-size-adjust: 100%;"> <tbody> <tr style=3D"v=
ertical-align: top;"> <td valign=3D"top" style=3D"word-break: break-word; v=
ertical-align: top; min-width: 100%; text-size-adjust: 100%; padding: 48px =
0px;"><table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" width=3D"100%=
" align=3D"center" role=3D"presentation" valign=3D"top" style=3D"table-layo=
ut: fixed; vertical-align: top; border-spacing: 0px; border-collapse: colla=
pse; border-top: 2px solid rgb(222, 224, 226); width: 100%;"> <tbody> <tr s=
tyle=3D"vertical-align: top;"> <td valign=3D"top" style=3D"word-break: brea=
k-word; vertical-align: top; text-size-adjust: 100%;"><span></span></td> </=
tr> </tbody> </table></td> </tr> </tbody> </table> <div> <table style=3D"ma=
rgin: 0px; padding: 0px;"> <tbody> <tr> <td style=3D"margin: 0px; padding-r=
ight: 11px; vertical-align: middle;"><img src=3D"https://d15k2d11r6t6rl.clo=
udfront.net/public/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3=
aca56371967418192255878e9689713/dot-1.5x.png" width=3D"12" height=3D"12" st=
yle=3D"display: block; width: 12px; height: 12px;"></td> <td style=3D"margi=
n: 0px; padding: 0px; vertical-align: middle;"><p style=3D"margin: 0px; fon=
t-size: 16px; letter-spacing: 0.075em;"><strong> TUNE IN </strong></p></td>=
 </tr> </tbody> </table> <p style=3D"margin: 5px 0px 0px; font-size: 32px; =
line-height: 1.26; word-break: break-word;"><strong>How can we measure cryp=
to=E2=80=99s impact in Ukraine?</strong></p> </div> <p style=3D"margin: 16p=
x 0px 0px; line-height: 1.6; word-break: break-word;">Since Russia=E2=80=99=
s invasion of Ukraine began nearly three weeks ago, crypto has emerged as a=
 crucial tool for funding the Ukrainian resistance and providing humanitari=
an aid. In the latest episode of <a href=3D"https://links.coinbase.com/a/cl=
ick?_t=3D3aca56371967418192255878e9689713&_m=3D1a5bef08f80144bb8695d7319209=
939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPkxUcfN1vFiVQGMpDmS1Od_ywUJ4UnUF7vWV3J3UHfMlQ=
Zq8G4FW4Zrt_FAx6pQ_uyyCR3wH_6B5ToYamEPJPC2lf5fPSHf2EEt4LRri4VGsNOauw6MK_BCy=
douyEDjIUo2WCeK8y1VkmP__23pp8NS3TBTmQQlVEIrqIaMozv8moaVxdVngKAdOqe5OKOU0q7f=
qCYgwc9sVMQPikQkFj61tunFxQ_aXd8cQHnSiGtc0BneN1QUZfDVuHPLimJj8UWigfyQIsr8gnB=
-2Feg9Wr0sIsA48s49M9mzPpsdqp5z41ZLabsVMhWjuBHNLbtXBTnF494wD-43HUAfyycBM9pgV=
jpSvVGUFYZkvHeTpZkPzCAJ1rBqutgIT2EI4NL4GQ%3D%3D" target=3D"_blank" rel=3D"n=
oopener noreferrer">Around the Block</a>, host Justin Mart sits down with D=
r. Tom Robinson, co-founder and chief scientist at analytics firm Elliptic,=
 to discuss crypto=E2=80=99s ongoing role during the crisis, and how his co=
mpany has been able to provide detailed updates about the impact crypto is =
having in Ukraine.</p> <div class=3D"cta_button" style=3D"margin: 24px 0px =
0px; padding: 0px; width: 50%;"><!--[if mso]><table width=3D"100%" cellpadd=
ing=3D"0" cellspacing=3D"0" border=3D"0" style=3D"border-spacing:0;border-c=
ollapse:collapse;mso-table-lspace:0pt;mso-table-rspace:0pt;"><tr><td style=
=3D"padding:0;" align=3D"left"> <v:roundrect xmlns:v=3D"urn:schemas-microso=
ft-com:vml" xmlns:w=3D"urn:schemas-microsoft-com:office:word" href=3D"https=
://links.coinbase.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D1a=
5bef08f80144bb8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPkeaWKHO4zhZ6F4P41Y=
CpCtVzlEkpGVB_m_A7-_tRkwoN3TTKpi-BfwwK-p9Mw6UXMrmgGPqhA5Sn0orr2JcN98uESU2Rl=
dk6S70O3ShSl4AazeURAmKxqFSLAYXxUTqjA4Pg3ltfvMY_ylQNh2pHYSTtj8NnS0djuDHJj_Kw=
Z9MRWeTbP-2G8HylmABUMNcPFLFG_yYSmtbpcFNw9Y6oWRmE86WPUj0aaA2NbRjdhUYjK0Radqo=
cyqbTvuzjbqk31duJQVEzPQO46qQVXMcsxwFvIGfFy6eWkf6jgfnih9PTmj3eLeQfa8Z0V9WKwR=
BuCVC5UYSYlHsDjb7wBT9eZQNEFYcmtc8obSxlV-FSb7vZYNQJyPnIcuzaS3tRwMlb30a_9mLDt=
5PYKhQoOxksJjPHHUyw0GnnX204LPshM-f" style=3D"width:350pt;v-text-anchor:midd=
le;" arcsize=3D"17%" stroke=3D"false" fillcolor=3D"#0052ff"> <w:anchorlock/=
><v:textbox inset=3D"0,0,0,0"><center style=3D"font-family: Helvetica Neue,=
 Helvetica, Arial, sans-serif;"><![endif]--><a href=3D"https://links.coinba=
se.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D1a5bef08f80144bb8=
695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPkeaWKHO4zhZ6F4P41YCpCtVzlEkpGVB_m=
_A7-_tRkwoN3TTKpi-BfwwK-p9Mw6UXMrmgGPqhA5Sn0orr2JcN98uESU2Rldk6S70O3ShSl4Aa=
zeURAmKxqFSLAYXxUTqjA4Pg3ltfvMY_ylQNh2pHYSTtj8NnS0djuDHJj_KwZ9Mq5x9sJ24tM_j=
Ll--sbRShuN6YE1F6HQcId5D71lpF5k8bcZa-d417nBIdJ1OyJsn1tvsg0UF-8_lgArzZgD2O2D=
8KtEtX5AF3i0EumcJvRvauv4VNPmXBB_2oN7RS6XzIyIg18x10jdJPMtuIcXA6z5FkVFoEP3eEJ=
JKw_yO9qQ0BOjgEgt_F74MnKlgQ-DM3lyFmgoJA5n1XVc7Wqb8lAIAnc_9UnC-mUD4-wliW52JA=
HW69hFD_mX0PH08-B_I" target=3D"_blank" rel=3D"noopener noreferrer" style=3D=
"display: block; margin: 0px; line-height: 1.2; font-size: 16px; text-decor=
ation: none; color: rgb(255, 255, 255); background-color: rgb(0, 82, 255); =
border-radius: 8px; text-align: center; padding: 18px 0px;"><strong>Listen =
to Around The Block</strong></a><!--[if mso]></center></v:textbox></v:round=
rect></td></tr></table><![endif]--></div> <table width=3D"100%" role=3D"pre=
sentation" valign=3D"top" style=3D"table-layout: fixed; vertical-align: top=
; border-spacing: 0px; border-collapse: collapse; min-width: 100%; text-siz=
e-adjust: 100%;"> <tbody> <tr style=3D"vertical-align: top;"> <td valign=3D=
"top" style=3D"word-break: break-word; vertical-align: top; min-width: 100%=
; text-size-adjust: 100%; padding: 48px 0px;"><table border=3D"0" cellpaddi=
ng=3D"0" cellspacing=3D"0" width=3D"100%" align=3D"center" role=3D"presenta=
tion" valign=3D"top" style=3D"table-layout: fixed; vertical-align: top; bor=
der-spacing: 0px; border-collapse: collapse; border-top: 2px solid rgb(222,=
 224, 226); width: 100%;"> <tbody> <tr style=3D"vertical-align: top;"> <td =
valign=3D"top" style=3D"word-break: break-word; vertical-align: top; text-s=
ize-adjust: 100%;"><span></span></td> </tr> </tbody> </table></td> </tr> </=
tbody> </table> <div> <table style=3D"margin: 0px; padding: 0px;"> <tbody> =
<tr> <td style=3D"margin: 0px; padding-right: 11px; vertical-align: middle;=
"><img src=3D"https://d15k2d11r6t6rl.cloudfront.net/public/users/Integrator=
s/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9689713/dot=
-1.5x.png" width=3D"12" height=3D"12" style=3D"display: block; width: 12px;=
 height: 12px;"></td> <td style=3D"margin: 0px; padding: 0px; vertical-alig=
n: middle;"><p style=3D"margin: 0px; font-size: 16px; letter-spacing: 0.075=
em;"><strong> TOKEN TRIVIA </strong></p></td> </tr> </tbody> </table> <p st=
yle=3D"margin: 5px 0px 0px; font-size: 32px; line-height: 1.26; word-break:=
 break-word;"><strong>Which NFT artist created the Fidenza collection?</str=
ong></p> </div> <div style=3D"margin-top: 16px;"> <table style=3D"line-heig=
ht: 1.6; word-break: break-word;"> <tbody> <tr> <td style=3D"padding-right:=
 12px;"><strong>A</strong></td> <td>Beeple</td> </tr> <tr> <td style=3D"pad=
ding-right: 12px; padding-top: 12px;"><strong>B</strong></td> <td style=3D"=
padding-top: 12px;">Tyler Hobbs</td> </tr> <tr> <td style=3D"padding-right:=
 12px; padding-top: 12px;"><strong>C</strong></td> <td style=3D"padding-top=
: 12px;">pplpleasr</td> </tr> <tr> <td style=3D"padding-right: 12px; paddin=
g-top: 12px;"><strong>D</strong></td> <td style=3D"padding-top: 12px;">FEWO=
CiOUS</td> </tr> </tbody> </table> </div> <p style=3D"margin: 16px 0px 0px;=
 line-height: 1.6; word-break: break-word;">Find the answer at the end of t=
he email.</p> <div class=3D"cta_button" style=3D"margin: 24px 0px 0px; padd=
ing: 0px; width: 50%;"><!--[if mso]><table width=3D"100%" cellpadding=3D"0"=
 cellspacing=3D"0" border=3D"0" style=3D"border-spacing:0;border-collapse:c=
ollapse;mso-table-lspace:0pt;mso-table-rspace:0pt;"><tr><td style=3D"paddin=
g:0;" align=3D"left"> <v:roundrect xmlns:v=3D"urn:schemas-microsoft-com:vml=
" xmlns:w=3D"urn:schemas-microsoft-com:office:word" href=3D"https://links.c=
oinbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3D1a5bef08f801=
44bb8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPkxUcfN1vFiVQGMpDmS1Od8vLqGKS=
Owm-mCU7asPf2enHpYlX2uUx5zUTF9YVEcKQNl1uONTUXuUaxijg64BjKukxPFvdCNzD9jaZ1u6=
oSmLJ6uc77NBB_GqVe-4xSMRwkpbs9bNeuYydApbYalVrElBao3pvsstAILxfeUjPjqKqfoWRdB=
82STQeCVGW0bDV6lO1IDQfdK6IWnwOQLvk5DRcO-kZrsoNhiThK8KaTu72MFidCT8h7t-eRlLe5=
a-IprqUL-nCdduWub8WiXaH73imdghnTOcp4UYZMo5HtjgkvCp80wepfhkhAK993HoAZmEaKO51=
zpcQaobN1h1eY3sVxxnHrF4f3WL8Cn7DQpuCWUubYWGvypz-oiG02fy4bWbD7wetGUvZea4rXuq=
G9UkNFiMGKnIBsyL1LHFisXo60umkcr6Qk0VVwQywLB5tWjpZgNPoFlCPufLXcdAv2k%3D" sty=
le=3D"width:350pt;v-text-anchor:middle;" arcsize=3D"17%" stroke=3D"false" f=
illcolor=3D"#0052ff"> <w:anchorlock/><v:textbox inset=3D"0,0,0,0"><center s=
tyle=3D"font-family: Helvetica Neue, Helvetica, Arial, sans-serif;"><![endi=
f]--><a href=3D"https://links.coinbase.com/a/click?_t=3D3aca563719674181922=
55878e9689713&_m=3D1a5bef08f80144bb8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp=
4CPkxUcfN1vFiVQGMpDmS1Od8vLqGKSOwm-mCU7asPf2enHpYlX2uUx5zUTF9YVEcKQNl1uONTU=
XuUaxijg64BjKukxPFvdCNzD9jaZ1u6oSmLJ6uc77NBB_GqVe-4xSMRwkpbs9bNeuYydApbYalV=
rElBao3pvsstAILxfeUjPjqKqfoWRdB82STQeCVGW0bDV6lO1IDQfdK6IWnwOQLvk5DjHdEBWMg=
rlRmMb7VtPIYpt2pQBtGmmHvyH35iN3XUogV4IO0oMSmf8OS0H-SI8Ac8YfXTF4YnvghWIae8CU=
dejTkOMBij2u1w7amAp2Wr1zNGOeEfSISKqRrogYJGTxMgkX4cXVZHMLEGZecP6ooJQCXJrxeR7=
ecGhVp7MN81eaoi-ITCkGvTy8sZGKQXG1v1yJszHZx7UYB4c4RXLUzk81T-OwLLCRZhWLoJU0Ou=
Yiv7tbPlmWlXLvmQHCZSyWs%3D" target=3D"_blank" rel=3D"noopener noreferrer" s=
tyle=3D"display: block; margin: 0px; line-height: 1.2; font-size: 16px; tex=
t-decoration: none; color: rgb(255, 255, 255); background-color: rgb(0, 82,=
 255); border-radius: 8px; text-align: center; padding: 18px 0px;"><strong>=
Discover NFT artists</strong></a><!--[if mso]></center></v:textbox></v:roun=
drect></td></tr></table><![endif]--></div> <table width=3D"100%" role=3D"pr=
esentation" valign=3D"top" style=3D"table-layout: fixed; vertical-align: to=
p; border-spacing: 0px; border-collapse: collapse; min-width: 100%; text-si=
ze-adjust: 100%;"> <tbody> <tr style=3D"vertical-align: top;"> <td valign=
=3D"top" style=3D"word-break: break-word; vertical-align: top; min-width: 1=
00%; text-size-adjust: 100%; padding: 48px 0px;"><table border=3D"0" cellpa=
dding=3D"0" cellspacing=3D"0" width=3D"100%" align=3D"center" role=3D"prese=
ntation" valign=3D"top" style=3D"table-layout: fixed; vertical-align: top; =
border-spacing: 0px; border-collapse: collapse; border-top: 2px solid rgb(2=
22, 224, 226); width: 100%;"> <tbody> <tr style=3D"vertical-align: top;"> <=
td valign=3D"top" style=3D"word-break: break-word; vertical-align: top; tex=
t-size-adjust: 100%;"><span></span></td> </tr> </tbody> </table></td> </tr>=
 </tbody> </table> <div> <table style=3D"margin: 0px; padding: 0px;"> <tbod=
y> <tr> <td style=3D"margin: 0px; padding-right: 11px; vertical-align: midd=
le;"><img src=3D"https://d15k2d11r6t6rl.cloudfront.net/public/users/Integra=
tors/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9689713/=
dot-1.5x.png" width=3D"12" height=3D"12" style=3D"display: block; width: 12=
px; height: 12px;"></td> <td style=3D"margin: 0px; padding: 0px; vertical-a=
lign: middle;"><p style=3D"margin: 0px; font-size: 16px; letter-spacing: 0.=
075em;"><strong> NOW TRADING ON COINBASE </strong></p></td> </tr> </tbody> =
</table> </div> <a href=3D"https://links.coinbase.com/a/click?_t=3D3aca5637=
1967418192255878e9689713&_m=3D1a5bef08f80144bb8695d7319209939d&_e=3DYp1Ao0B=
C6sy5WPuFPp4CPkxUcfN1vFiVQGMpDmS1Od85PJhxkjCsgQNpSKIWAVFj65LSVcPKhLL0MxCwGz=
uhTbk6oOvSPHEXQXJ7lPUyoIEYNDm1tN2osK3QrYBP8exJqx1qz4eSFIZnW99-PPUzJ8ZRr0b6A=
Ugzi5idWJ3Paq--FvUY-yLTOdr_uCmVp0h2Xq7h5songUCsVWUwPK5_JkLotK5-IEpypFUB_8sw=
MyuTQ0_TU2VRqqVRPdGzx2kNhhUjifh1aO9_QdOBKfzlfks9c02oUB6AOtorqKL1E1tonwayiFv=
sLGj2-7ZMqHt51sHz6JsmiEaupYEhzYfDZGKm4dLODEdH3DLzxq9IkDVr7uMxTo4kxgPBvsiqFt=
oYP84kecmaLuef7IahQX7KIo8-9IN9OdLHytxFbz8qFgg%3D" target=3D"_blank" rel=3D"=
noopener noreferrer" style=3D"color: rgb(10, 11, 13); text-decoration: none=
;"> <table style=3D"margin: 16px 0px 0px; width: 100%;"> <tbody> <tr> <td s=
tyle=3D"font-size: 32px; line-height: 1.26; word-break: break-word; vertica=
l-align: middle; white-space: nowrap;"><strong>GLM</strong></td> <td style=
=3D"vertical-align: middle; padding-left: 12px;"><img src=3D"https://dynami=
c-assets.coinbase.com/ee512b145f893be5ea7ef14d2b5b9bd858c05872540e75beccf22=
97024289a4c028ee9dd8c694f12f2b1df42b8b748b01a06b507a83b9ea82f694e44d0ef35ee=
/asset_icons/26779f3f8dcd8da236e0826d1b4bf1d362ac55be2fdc9e537923162715e8b7=
33.png" width=3D"26" height=3D"26" style=3D"display: block; width: 26px; he=
ight: 26px; vertical-align: middle;"></td> <td style=3D"vertical-align: mid=
dle; text-align: right; width: 100%;"><img src=3D"https://d15k2d11r6t6rl.cl=
oudfront.net/public/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/=
3aca56371967418192255878e9689713/Newsletter%20Assets/newlistings_light.png"=
 width=3D"21" height=3D"18" style=3D"width: 21px; height: 18px; vertical-al=
ign: middle;"></td> </tr> </tbody> </table> <p style=3D"margin: 0px; line-h=
eight: 1.6;">GLM is an Ethereum token that allows users to pay or receive p=
ayment for resources via the Golem protocol. </p> </a><a href=3D"https://li=
nks.coinbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3D1a5bef0=
8f80144bb8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPkxUcfN1vFiVQGMpDmS1Od9B=
CI6FkaytLGpkw8cu3wdODCL30noCKPAzrh0JgoqJagML2L-rj_HdP6_qC8KHDWh8pOSp0Cl3Do1=
LkFkgg7Rw3p1mX3QBSbGZUv3YhKpxc4PfvoNfQFTr6cG0RjCgBHB9pDrgWAISWN9RZzX9U4DB-P=
F3p8pfW98jgYhK1JaJUXw4NNPUOZc1JEXGAzCXxq17y1-ZPIIJ7-RLy2oDeSYiJkgunz4LZuzL7=
6nno32G6PSma3EEe-cb6_YQm1hy8IoxbTmth9kYLX9c8njlOFgMe1u3lcRpBVl-05tEyZayxXrL=
QNZKCwvOFVvGhU_Np8MI0ifE3dKRqQCn6dUpweln3CiELDNawk-eBiN2vboDSd9utdvllwLJ-u1=
x7LesY3I%3D" target=3D"_blank" rel=3D"noopener noreferrer" style=3D"color: =
rgb(10, 11, 13); text-decoration: none;"> <table style=3D"margin: 16px 0px =
0px; width: 100%;"> <tbody> <tr> <td style=3D"font-size: 32px; line-height:=
 1.26; word-break: break-word; vertical-align: middle; white-space: nowrap;=
"><strong>SNT</strong></td> <td style=3D"vertical-align: middle; padding-le=
ft: 12px;"><img src=3D"https://dynamic-assets.coinbase.com/50a835c8a08ea3d5=
c7688cd7b838fe647ff2b10c6e2dff649cd3e7010217ed39530d27de8e7e7926c4e50e19291=
37d54e3f597dd71f1648da1b80ce7bda6b5ea/asset_icons/3e848accede838d241dfe8f06=
c9a34912d6b3eb3a2355aa8dba989f5f5e9e414.png" width=3D"26" height=3D"26" sty=
le=3D"display: block; width: 26px; height: 26px; vertical-align: middle;"><=
/td> <td style=3D"vertical-align: middle; text-align: right; width: 100%;">=
<img src=3D"https://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/=
669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9689713/Newsl=
etter%20Assets/newlistings_light.png" width=3D"21" height=3D"18" style=3D"w=
idth: 21px; height: 18px; vertical-align: middle;"></td> </tr> </tbody> </t=
able> <p style=3D"margin: 0px; line-height: 1.6;">SNT is an Ethereum token =
that powers Status Network, a secure messaging app, crypto wallet, and web3=
 browser. </p> </a><a href=3D"https://links.coinbase.com/a/click?_t=3D3aca5=
6371967418192255878e9689713&_m=3D1a5bef08f80144bb8695d7319209939d&_e=3DYp1A=
o0BC6sy5WPuFPp4CPkxUcfN1vFiVQGMpDmS1Od-yrIb_A68HV9YXN5FkwuJhEgv2M7Yxqz98hxc=
INZ5n_ZVvqvy_zUkN8RK9k1dr4Tcu1yHqKcuFtrmmcM0xg7Dkr5uIogOzMQBj8_LKkSX_DJTtT6=
xyunP8gNrxZs6hBSOEst6NdE3PD2AdKR7I8q4Vpq6QTe1gdsW7Zsi16tJsVDM36UK9mM7TPBtS6=
wUlHBdbu0Av1hJgg9406lW074xwSCcE0mgbmtpHJJFN9d5R-7zbuG5XQQglv_m7QB0ngQDSa_p4=
DKvZFmRBXFQZGOt7z1VnnLJQ4-kRhPJ6XHpsu-ntNXZa9MhZ9Z8QbZrxo2FBD7dhjNqknMxFCrt=
JoaC9A_ocLAhvNRdUx2tpKxOgMdfPsNt-HkMrybaNP9xVIqMJMV_5AxGH-1wDnqm02T6h" targ=
et=3D"_blank" rel=3D"noopener noreferrer" style=3D"color: rgb(10, 11, 13); =
text-decoration: none;"> <table style=3D"margin: 16px 0px 0px; width: 100%;=
"> <tbody> <tr> <td style=3D"font-size: 32px; line-height: 1.26; word-break=
: break-word; vertical-align: middle; white-space: nowrap;"><strong>AIOZ</s=
trong></td> <td style=3D"vertical-align: middle; padding-left: 12px;"><img =
src=3D"https://dynamic-assets.coinbase.com/c69d6b4b028d6c627bcc748ab6307fe6=
8ad352b88e295d0cc89aaa1340bce2f79c1d2a7adcd95957bb9a3e8a7a518020124937bf1fa=
53bd13366d9e005f74dcb/asset_icons/f72a44d4cbf7f1001c06b5acb55e6997d7f6ad6d0=
4706d15820ef7e058f0044c.png" width=3D"26" height=3D"26" style=3D"display: b=
lock; width: 26px; height: 26px; vertical-align: middle;"></td> <td style=
=3D"vertical-align: middle; text-align: right; width: 100%;"><img src=3D"ht=
tps://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/669d5713-9b6a-=
46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9689713/Newsletter%20Assets=
/newlistings_light.png" width=3D"21" height=3D"18" style=3D"width: 21px; he=
ight: 18px; vertical-align: middle;"></td> </tr> </tbody> </table> <p style=
=3D"margin: 0px; line-height: 1.6;">AIOZ is an Ethereum token that powers A=
ioz Network, a Layer 1 blockchain enabling Ethereum and Cosmos interoperabi=
lity. </p> </a><a href=3D"https://links.coinbase.com/a/click?_t=3D3aca56371=
967418192255878e9689713&_m=3D1a5bef08f80144bb8695d7319209939d&_e=3DYp1Ao0BC=
6sy5WPuFPp4CPkxUcfN1vFiVQGMpDmS1Od9U3ZeyCQDKaXS4oHA4E7B5g8XybSw_MYH6kDsgv9v=
umEGOaLgK-bMBq2hXZ-HTMrjWQZSAX3207k6duNH7F94FGAeuvcaufBQtNZaMJ60l6OaLQ3rKLw=
mh54SMAlE7U_ddklS2UUs44GdgfjlO_AbXjYrju5GfD674CJLJp1mu0br1pe7wND3CBkYkOU4nd=
x2e3S2nkesN-0bOAepXWHMw81-9vAfcBX6TsmpSoj5t9V6QarFSXsB0tHC93YsyPa_X1OPCqt0G=
Myi8tgsnJayWJMf2ZyEYkjIqYTFIyg9PN0vLxOyFwJgpiqD_NEqJW939R5zYuqoU75PUKbSF2zs=
Z0Qc0BpTG3TE5YUd8lqLyvvHc8HMi-QuTloN_op84Xu0%3D" target=3D"_blank" rel=3D"n=
oopener noreferrer" style=3D"color: rgb(10, 11, 13); text-decoration: none;=
"> <table style=3D"margin: 16px 0px 0px; width: 100%;"> <tbody> <tr> <td st=
yle=3D"font-size: 32px; line-height: 1.26; word-break: break-word; vertical=
-align: middle; white-space: nowrap;"><strong>AERGO</strong></td> <td style=
=3D"vertical-align: middle; padding-left: 12px;"><img src=3D"https://dynami=
c-assets.coinbase.com/e51e87f636920d6c54b188b4a798efb4155c726a8d6b29f47f9a8=
722927369c09ea70ee82e929eb9b905a4a1a56d4594aa66f9c38e6317d2c84d9e117943ace3=
/asset_icons/9aca08e7ccde589fc2f4b52a6ef0b342f855e67f4967813529c86f057e2224=
72.png" width=3D"26" height=3D"26" style=3D"display: block; width: 26px; he=
ight: 26px; vertical-align: middle;"></td> <td style=3D"vertical-align: mid=
dle; text-align: right; width: 100%;"><img src=3D"https://d15k2d11r6t6rl.cl=
oudfront.net/public/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/=
3aca56371967418192255878e9689713/Newsletter%20Assets/newlistings_light.png"=
 width=3D"21" height=3D"18" style=3D"width: 21px; height: 18px; vertical-al=
ign: middle;"></td> </tr> </tbody> </table> <p style=3D"margin: 0px; line-h=
eight: 1.6;">AERGO is an Ethereum token for the Aergo protocol, which aims =
to allow enterprises and developers to design, build, and deploy blockchain=
 applications on public or private networks. </p> </a> <table width=3D"100%=
" role=3D"presentation" valign=3D"top" style=3D"table-layout: fixed; vertic=
al-align: top; border-spacing: 0px; border-collapse: collapse; min-width: 1=
00%; text-size-adjust: 100%;"> <tbody> <tr style=3D"vertical-align: top;"> =
<td valign=3D"top" style=3D"word-break: break-word; vertical-align: top; mi=
n-width: 100%; text-size-adjust: 100%; padding: 48px 0px;"><table border=3D=
"0" cellpadding=3D"0" cellspacing=3D"0" width=3D"100%" align=3D"center" rol=
e=3D"presentation" valign=3D"top" style=3D"table-layout: fixed; vertical-al=
ign: top; border-spacing: 0px; border-collapse: collapse; border-top: 2px s=
olid rgb(222, 224, 226); width: 100%;"> <tbody> <tr style=3D"vertical-align=
: top;"> <td valign=3D"top" style=3D"word-break: break-word; vertical-align=
: top; text-size-adjust: 100%;"><span></span></td> </tr> </tbody> </table><=
/td> </tr> </tbody> </table> <p style=3D"margin: 0px; line-height: 1.6; wor=
d-break: break-word;"><strong>Trivia answer</strong></p> <table style=3D"ma=
rgin: 12px 0px 0px; line-height: 1.6; word-break: break-word;"> <tbody> <tr=
> <td style=3D"padding-right: 12px;"><strong>B</strong></td> <td>Tyler Hobb=
s</td> </tr> </tbody> </table> <table style=3D"margin: 48px 0px 0px;"> <tbo=
dy> <tr> <td style=3D"text-align: left;"><img src=3D"https://d15k2d11r6t6rl=
.cloudfront.net/public/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd=
6a/3aca56371967418192255878e9689713/Rebrand%20Assets/coinbase_footer_wordma=
rk.png" alt=3D"Coinbase" height=3D"26" style=3D"display: block; height: 26p=
x; margin-bottom: 24px;"></td> </tr> <tr> <td><a href=3D"https://links.coin=
base.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D1a5bef08f80144b=
b8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4CPmDLGDmh4HiTq4dyP7BPTq97FDQnWiRw=
qQ5uM1pBCbkuIVuDWRdsLt7QQG8-nK_djv64B79evmuXvUG195aFCNADk_ApRjyIgNT2SwjfAYV=
eTJTp9qK_XxJtawLb_C8W0OyGupmDl69Knb_AVMplHSCxtNZpRro75pQ5PhxfnMzBY7Sxo4xZK4=
UN6nW5qC6qBM7j8OMada-FDuDlJN2Ki1Ae56TMNv2LxZUFAPtSQGU5SkXOYcOWuhV3L425b_at5=
5r8yCGWOA6OpJEMAp7D2v0XBFyHBrddoxkLaOD6LTOGhnT5BW2_DWjjmk5okqw1glJi3bBzY45x=
S1PJsc3ZGlwZHb9pmK86cPgcvubQr_nZx3Q-Xi6i_ZLsSf4CILDnGGnTD3h_fs1EAvhV0i7rApF=
feruglqoNUPzdb6TFhjeh" title=3D"coinbase ios app" target=3D"_blank" rel=3D"=
noopener noreferrer"><img src=3D"https://d15k2d11r6t6rl.cloudfront.net/publ=
ic/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca5637196741819=
2255878e9689713/Icons/app_apple.png" alt=3D"Download on iOS App store" heig=
ht=3D"46" style=3D"display: block; height: 46px; margin-right: 8px;"></a></=
td> <td><a href=3D"https://links.coinbase.com/u/click?_t=3D3aca563719674181=
92255878e9689713&_m=3D1a5bef08f80144bb8695d7319209939d&_e=3DYp1Ao0BC6sy5WPu=
FPp4CPjLhqIFEbESufMEIxMI3e4Q-Ckn9at0hHjOO56YT6jTpUaPYH2ENs_j9i6zdm-0Kribk7S=
PlGjgNgGNKyNCFCvwz7xrpXtiFgtdiFn00LyjPewh6SK1CohVrVo2hsHW8GY4RrLqYMv3JiU0Ik=
8vn5xerTI4-gUMSiBehRjregW7JcLZVS8-qlKF20EvUxIpd8cpSmdF0uGwAGaJDZQz7kVWhArYZ=
50psYi_xe70RT_xp-zY3MGqvP0RMB7Nc4M-HZhfMH4iqsBtHMJQEB2DcnnkW-amDAIw5cM_NH0R=
QZFBYPGFdb0aAlj3pCgHsBfHbFk1f-4DMUm7pl3LaD6lFqzvU_GTXFbJbDtMV7C9a1xXm7lfuHW=
hyOOK_CJjHUIKp5AIvDqU-6rh9YphEaBiFaDkSGEQ_9SPI7uDnSRDfJmQe" title=3D"coinba=
se android app" target=3D"_blank" rel=3D"noopener noreferrer"><img src=3D"h=
ttps://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/669d5713-9b6a=
-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9689713/Icons/app_google.p=
ng" alt=3D"Download on Google Play" height=3D"46" style=3D"display: block; =
height: 46px;"></a></td> </tr> </tbody> </table> <div style=3D"margin-top: =
24px;"> <p style=3D"font-size: 12px; line-height: 1.8; word-break: break-wo=
rd; color: rgb(91, 97, 110);">Disclaimer: This material is the property of =
Coinbase, Inc., its parent and affiliates ("Coinbase"). The views and opini=
ons expressed herein are those of the author and do not necessarily reflect=
 the views of Coinbase or its employees and summarizes information and arti=
cles with respect to cryptocurrencies or related topics that the author bel=
ieves may be of interest. This material is for informational purposes only,=
 and is not (i) an offer, or solicitation of an offer, to invest in, or to =
buy or sell, any interests or shares, or to participate in any investment o=
r trading strategy, (ii) intended to provide accounting, legal, or tax advi=
ce, or investment recommendations or (iii) an official statement of Coinbas=
e. No representation or warranty is made, expressed or implied, with respec=
t to the accuracy or completeness of the information or to the future perfo=
rmance of any digital asset, financial instrument or other market or econom=
ic measure. The information is believed to be current as of the date indica=
ted on the materials. Recipients should consult their advisors before makin=
g any investment decision. Coinbase may have financial interests in, or rel=
ationships with, some of the entities and/or publications discussed or othe=
rwise referenced in the materials. Certain links that may be provided in th=
e materials are provided for convenience and do not imply Coinbase's endors=
ement, or approval of any third-party websites or their content. Coinbase, =
Inc. is not registered or licensed in any capacity with the U.S. Securities=
 and Exchange Commission or the U.S. Commodity Futures Trading Commission.<=
br><br> =C2=A9 Coinbase 2022&nbsp;| Coinbase Inc.<br> 248 3rd St #434 | Oak=
land, CA 94607 | US<br> +1 (888) 908-7930<br><br> <a style=3D"text-decorati=
on:none;" href=3D"https://links.coinbase.com/e/eh?_t=3D3aca5637196741819225=
5878e9689713&_m=3D1a5bef08f80144bb8695d7319209939d&_e=3DYp1Ao0BC6sy5WPuFPp4=
CPhDn_CDHlFveExkSFYq7rWmqlAOI10lpQLbbpy2kdzfZc7qTpBJGQ80Jwr4O7O4bVKbkIYrCmJ=
5e-oXv_L02bG-2UlyfH5epQC8BYM8P6TYERo647s0KwGUCubrJ_0-PCiiKFmqhs4n9DswAiLrjQ=
ZZ_-K53uCoUNvks6PCH9lYEO4LGdLvzGeHRsDoT1dk9WeXLHDSdEmJlp4dt2g1zdcTx8RM-om1O=
HeEpdbuMz5xMq-nqn3QPnT4yesachgRnuELMbzq83CueUx7sQXxy2DNtaCNpiueFEVxkg1a1d7M=
80SI2k9MqqMdZmhvELneerxeZAe4agXTjHQuFvmDNaDHzOrvjYs8nbhrc7Sm1bX6fNT1FQYfMrX=
0x3OP4n7SIMeht1YsvMqDBPGMbwBNMTFiPOzdET9CCaRdUKBhQxHRICqyYSfLm2-op5PJQM8ana=
CyffqARPtOemJfbBWxu3QjknWpZ8DvscTwJWr-1wJDkXrbL8CEjMw6mZGTymN7Atw%3D%3D">Un=
subscribe</a> from future editions of Coinbase Bytes.</p> </div> </div> </d=
iv> </div> </body> </html>
------=_Part_8545_1197629907.1647428793396--