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Date: Wed, 25 May 2022 12:31:50 +0000
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From: Coinbase Bytes <newsletter@mail.coinbase.com>
Message-ID: <01000180fb33b18a-21fc1655-28e9-49ab-a858-b521757b9b55-000000@email.amazonses.com>
Mime-Version: 1.0
Reply-To: newsletter@mail.coinbase.com
Subject: =?UTF-8?Q?Why_China_can=E2=80=99t_ban_crypto?=
To: Vincent Herbert <vince@showfile.com>

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Coinbase Bytes Hint: it has to do with decentralization. View in browser=20
<https://links.coinbase.com/e/evib?_t=3D3aca56371967418192255878e9689713&_m=
=3D2a0780918de6476d8b34f32019335911&_e=3DcB6xEVhWhDZQ5NwvTG_ze-L9W1ApUrSQqP=
0KdB95jkPlbquJX2rGQGG06ga0-s3qOdNtgmeW2K47rCd8wTbRv1169A_TYSSdfE2FK6yytZXwC=
RKzPLTgZQsNbBgPyGReiNqS-lTeCWO2SWnOfDR7Sw%3D%3D>
 <https://coinbase.com>=20
 25-May-2022=20
 <https://coinbase.com/>=20
Ethereum co-founder Vitalik Buterin says the blockchain will fully transiti=
on=20
to proof of stake this August. [Image courtesy ofLiam Cobb=20
<https://liamcobb.com/>]

Hey there, It=E2=80=99s Coinbase Bytes

Here=E2=80=99s what you need to know this week:

 * Ethereum=E2=80=99s biggest-ever upgrade is coming in August. We=E2=80=99=
ll explain=20
Ethereum=E2=80=99s long-awaited =E2=80=9Cmerge=E2=80=9D and what it means f=
or you.=20
 * Despite a strict ban, crypto mining has returned to China. Last summer,=
=20
China exiled crypto miners, so how are they staging a comeback?=20
 * Noteworthy numbers. The wild amount of BTC spent on two large pizzas in =
May=20
of 2010. Plus, other key stats to know.=20




Bitcoin

 =C2=A323,499.68=20

 -2.08%=20
 <https://coinbase.com/price/bitcoin?bytes_title=3Dbitcoin>=20

Ethereum

 =C2=A31,554.51=20

 -4.77%=20
 <https://coinbase.com/price/ethereum?bytes_title=3Dethereum>=20


Binance USD

 =C2=A30.80=20

 -0.51%=20
 <https://coinbase.com/price/binance-usd?bytes_title=3Dbinance-usd>=20

Cardano

 =C2=A30.41=20

 -8.97%=20
 <https://coinbase.com/price/cardano?bytes_title=3Dcardano>=20


Solana

 =C2=A338.11=20

 -12.85%=20
 <https://coinbase.com/price/solana?bytes_title=3Dsolana>=20

Dogecoin

 =C2=A30.07=20

 -7.97%=20
 <https://coinbase.com/price/dogecoin?bytes_title=3Ddogecoin>=20


Bitcoin

 =C2=A323,499.68=20

 -2.08%=20
 <https://coinbase.com/price/bitcoin?bytes_title=3Dbitcoin>=20

Ethereum

 =C2=A31,554.51=20

 -4.77%=20
 <https://coinbase.com/price/ethereum?bytes_title=3Dethereum>=20

Binance USD

 =C2=A30.80=20

 -0.51%=20
 <https://coinbase.com/price/binance-usd?bytes_title=3Dbinance-usd>=20


Cardano

 =C2=A30.41=20

 -8.97%=20
 <https://coinbase.com/price/cardano?bytes_title=3Dcardano>=20

Solana

 =C2=A338.11=20

 -12.85%=20
 <https://coinbase.com/price/solana?bytes_title=3Dsolana>=20

Dogecoin

 =C2=A30.07=20

 -7.97%=20
 <https://coinbase.com/price/dogecoin?bytes_title=3Ddogecoin>=20
Price changes are for the past week, ending on May 25, 2022 at 11:58 AM UTC
See the latest prices <https://coinbase.com/price>=20



 2ETH 2FURIOUS=20

Ethereum=E2=80=99s long-awaited =E2=80=9Cmerge=E2=80=9D upgrade is schedule=
d for this summer

Amid all the market turmoil, there=E2=80=99s one major crypto development=
=20
<https://fortune.com/2022/05/20/ethereum-founder-vitalik-buterin-the-merge-=
august/>
 on its way that=E2=80=99s been flying a little under the radar: Ethereum=
=E2=80=99s=20
long-awaited =E2=80=9Cmerge=E2=80=9D (sometimes known as ETH2), which Ether=
eum co-founder=20
Vitalik Buterin says should happen in August. It will move Ethereum from th=
e=20
energy-intensive =E2=80=9Cproof of work=E2=80=9D system it currently uses t=
o a =E2=80=9Cproof of stake=E2=80=9D=20
system that promises to make the network 99% more efficient while also=20
increasing security and processing speeds. The merge is a complicated,=20
years-long technological endeavor that=E2=80=99s seen countless delays. Her=
e=E2=80=99s why it=20
matters so much.

 * Proof of work=20
<https://www.coinbase.com/learn/crypto-basics/what-is-proof-of-work-or-proo=
f-of-stake#:~:text=3DIn%20proof%20of%20work%2C%20the,in%20the%20network's%2=
0best%20interests.>
 is the original crypto =E2=80=9Cconsensus mechanism,=E2=80=9D originating =
with Bitcoin,that=20
allows many computers across a decentralized network to agree on which=20
transactions are legitimate =E2=80=94 and is also the process Ethereum curr=
ently uses=20
to create new coins. It requires a huge amount of processing power, which i=
s=20
contributed by virtual =E2=80=9Cminers=E2=80=9D around the world who compet=
e to solve a=20
time-consuming math puzzle. The winner gets to update the blockchain with t=
he=20
latest block of verified transactions, and is rewarded with a predetermined=
=20
amount of new ETH.=C2=A0=20
 * In the wake of vastly increased network traffic due to innovations like=
=20
DeFi and NFTs, proof of work=E2=80=99s bandwidth limitations have caused bo=
ttlenecks =E2=80=94=20
and unpredictable spikes in transaction fees (also known as gas). Enter pro=
of=20
of stake.Proof-of-stake=20
<https://www.coinbase.com/learn/crypto-basics/what-is-proof-of-work-or-proo=
f-of-stake#:~:text=3DIn%20proof%20of%20work%2C%20the,in%20the%20network's%2=
0best%20interests.>
 blockchains =E2=80=94 which are used by low-fee ETH alternatives like Sola=
na and=20
Avalanche =E2=80=94 are designed to be faster, less resource-intensive, and=
=20
theoretically more secure. Instead of requiring energy-intensive miners,=20
proof-of-stake networks rely on =E2=80=9Cvalidators=E2=80=9D that contribut=
e their own ETH to a=20
=E2=80=9Cstaking pool=E2=80=9D in exchange for a chance of updating the blo=
ckchain with the=20
latest block of verified transactions, earning newly minted tokens, and=20
pocketing a share of transactions fees. (Learn aboutstaking=20
<https://www.coinbase.com/staking> via Coinbase.)=20
 * So what exactly is being merged? Ethereum=E2=80=99s upcoming upgrade wil=
l combine=20
the current proof-of-work blockchain with a proof-of-stake blockchain calle=
d the
Beacon Chain <https://decrypt.co/resources/what-merge-ethereum-move-proof-s=
take>
, which has been running since 2020. Right now all you can do on the Beacon=
=20
Chain is stake your ETH. But hundreds of thousands of validators have alrea=
dy=20
staked more than 10 million ETH =E2=80=94=C2=A0and with the upgrade, the Be=
acon Chain will=20
merge with the existing proof-of-work chain and begin taking over the work =
of=20
validating new transactions and issuing new ETH.=C2=A0=20
 * Buterin says that the merge should happen in August, at which time=20
Ethereum=E2=80=99s proof-of-work blockchain isscheduled to begin degrading=
=20
<https://decrypt.co/100915/ethereum-merge-coming-august-everything-plan-cor=
e-dev>
 =E2=80=94 a milestone known as the =E2=80=9Cdifficulty bomb.=E2=80=9D Afte=
r this date, the=20
proof-of-work blockchain will begin operating more slowly, which is meant t=
o=20
incentivize existing miners to become validators on the new blockchain. Tha=
t=20
said, the merge has been in the works since 2015 and has seen numerous dela=
ys=20
over the years. In the event of testing issues, Buterin said the merge coul=
d be=20
forced to be delayed once more.=C2=A0=C2=A0=20


Why it matters... Ethereum=E2=80=99s smart-contract compatible blockchain p=
owers=20
everything from DeFi to Bored Ape Yacht Club =E2=80=94=C2=A0but the tsunami=
 of resulting=20
traffic has bogged down the network, causing fees to soar and inspiring a h=
ost=20
of new competitors. Which is why the merge is one of the most anticipated=
=20
technological events in the history of crypto. Post-merge, Ethereum=E2=80=
=99s=20
developers are gearing up for a series of changes that will even further=20
transform the second-biggest cryptocurrency by market cap, including splitt=
ing=20
the network across 64 =E2=80=9Cshard <https://ethereum.org/en/upgrades/shar=
d-chains/>=E2=80=9D=20
blockchains, which should mean vastly increased transaction speeds =E2=80=
=94=C2=A0and much=20
lower fees.
Read up on ETH=20
<https://www.coinbase.com/learn/crypto-basics/what-is-ethereum?src=3Dethfur=
ious_cta>



 MINER THREAT=20

China officially banned crypto last summer, but it didn=E2=80=99t stay bann=
ed for long

Last summer, China ramped up enforcement of strict laws prohibiting crypto,=
=20
including the country=E2=80=99s vast crypto mining industry. In just a few =
weeks, the=20
Bitcoin network=E2=80=99s total mining power wascut in half=20
<https://www.blockchain.com/charts/hash-rate> as thousands of Chinese miner=
s=20
unplugged. But less than a year later, Bitcoin=E2=80=99s mining power is hi=
tting new=20
all-time highs =E2=80=94 and, surprisingly, data from theUniversity of Camb=
ridge=20
<https://www.jbs.cam.ac.uk/insight/2022/bitcoin-mining-new-data-reveal-a-su=
rprising-resurgence/>
 suggests that the world=E2=80=99s second-largest economy is once againa to=
p crypto=20
mining hub=20
<https://fortune.com/2022/05/17/china-bitcoin-mining-surge-despite-ban/>. H=
ow=20
did this happen? It turns out that circumventing the mining ban is just one=
 of=20
the ways Chinese citizens are using crypto technology and NFTs to resist=20
censorship. Let's dig in.

 * After China=E2=80=99s crackdown, the U.S. has become the number one hub =
for mining,=20
hosting nearly 40% of global miners. <https://ccaf.io/cbeci/mining_map> But=
=20
despite the ban, mining in China has persisted and potentially even rebound=
ed =E2=80=94=20
and still likely accounts for nearly 20% of global mining activity. Because=
 of=20
the permissionless nature of the global Bitcoin network, guerilla miners se=
em=20
to have found ways to avoid detection =E2=80=94=C2=A0including usingoff-gri=
d electricity=20
sources=20
<https://www.cnbc.com/2021/12/18/chinas-underground-bitcoin-miners-.html> l=
ike=20
hydropower produced by small dams that aren=E2=80=99t connected to the main=
 grid.=20
 * The Wall Street Journal recently reported=20
<https://www.wsj.com/articles/nfts-are-put-to-new-use-in-china-countering-c=
ensorship-during-pandemic-11653134403>
 that Chinese citizens are using NFTs to circumvent censorship by preservin=
g=20
sensitive info =E2=80=94 including =E2=80=9CVoices of April,=E2=80=9D a vas=
t trove of social posts,=20
videos, and more documenting people=E2=80=99s experiences enduring punishin=
g COVID=20
lockdowns in Shanghai. NFTs can confer ownership of data, but they don=E2=
=80=99t=20
actually store the data themselves =E2=80=94 so activists are turning to de=
centralized=20
web protocols likeFilecoin=20
<https://www.coinbase.com/learn/crypto-basics/defi-tokens-and-altcoins#file=
coin-fil>
=E2=80=99s InterPlanetary File System (IPFS), which scatters many copies of=
 a file=20
across a decentralized global server network. If a censor takes down one co=
py,=20
many others remain available. IPFS can also be used to circumvent China=E2=
=80=99s=20
=E2=80=9CGreat Firewall,=E2=80=9D helping residentsgain access=20
<https://www.scmp.com/tech/tech-trends/article/3172431/web3-tech-helps-bann=
ed-books-piracy-site-library-genesis-slip>
 to millions of books, scientific articles, and banned works. (Even if you =
live=20
in a less restrictive country, it can be a good idea tostore a copy of your=
 NFT=20
data <https://docs.ipfs.io/how-to/best-practices-for-nft-data/> using IPFS.=
)=20
 * Cloudflare, a company that operates some of the world=E2=80=99s most imp=
ortant=20
Internet infrastructure=20
<https://www.theverge.com/2021/10/4/22709123/facebook-outage-down-detector-=
cloudflare>
, just announced new tools to make it possible for users tohost and serve=
=20
content on IPFS. <https://blog.cloudflare.com/cloudflare-pages-on-ipfs/> IP=
FS=20
developers also announced a partnership with defense-contracting giant Lock=
heed=20
Martin to host nodes for the decentralized web on satellites orbiting the e=
arth=20
=E2=80=94allowing=20
<https://crypto.news/filecoin-foundation-lockheed-martin-ipfs-nodes-space/>=
=20
rapid space-to-space data transfers, without the need to beam the signal to=
 an=20
earthbound server. Around2.5 billion gigabytes=20
<https://decrypt.co/57871/filecoin-now-has-a-global-capacity-of-2-5-billion=
-gigabytes>
 of highly censorship-resistant data is already hosted on decentralized IPF=
S=20
servers. That=E2=80=99s the equivalent oftens of thousands of copies of Wik=
ipedia.=20
 * What motivated China=E2=80=99s crypto network ban? As an open-source and=
=20
decentralized monetary system, Bitcoin is generally seen as a threat to Chi=
na=E2=80=99s=20
control over many aspects of citizens=E2=80=99 lives =E2=80=94 and more spe=
cifically because it=20
provides a censorship-resistant alternative to China=E2=80=99s new central-=
bank-issued=20
digital currency, the digital yuan. The digital yuan hashundreds of million=
s of=20
users=20
<https://www.cnn.com/2022/02/04/perspectives/china-digital-yuan-cryptocurre=
ncy-bitcoin/index.html>
 and has already been used for billions of dollars worth of transactions=C2=
=A0=E2=80=94=C2=A0and=20
unlike Bitcoin it gives Chinese authorities complete visibility into users=
=E2=80=99=20
finances.=20


Why it matters=E2=80=A6 According to one major ranking of economic freedom=
=20
<https://www.heritage.org/index/country/china#:~:text=3DChina's%20economic%=
20freedom%20score%20is,the%20regional%20and%20world%20averages.>
, China is all the way down at 158 of 177 measured countries =E2=80=94=C2=
=A0so it=E2=80=99s not=20
exactly surprising that Chinese officials are opposed to decentralized,=20
censorship-resistant, and borderless crypto networks. But unlike all the=20
centralized =E2=80=9CWeb2=E2=80=9D giants =E2=80=94 from YouTube to Wikiped=
ia =E2=80=94 that aresuccessfully=20
blocked=20
<https://www.businessinsider.com/major-us-tech-companies-blocked-from-opera=
ting-in-china-2019-5>
 by China=E2=80=99s Great Firewall, crypto and the decentralized web (also =
known as=20
=E2=80=9CWeb3=E2=80=9D) aremuch harder to restrict.
Learn about mining=20
<https://www.coinbase.com/learn/crypto-basics/what-is-mining#:~:text=3DBitc=
oin%20mining%20is%20a%20lot,cost%20to%20mine%20those%20coins.>
 <https://www.coinbase.com/earn?src=3Dearn_bytes>=20

 NUMBERS TO KNOW=20

$10 million

Amount that crypto bridge Wormhole sent as a bug bounty to the =E2=80=9Cwhi=
te hat=E2=80=9D=20
hacker who reported a flaw in the platform=E2=80=99s bridge contract, which=
 is=20
responsible for complex cross-chain transactions, like going from Solana to=
=20
Ethereum. In January, Wormhole suffered a historic,$323 million hack=20
<https://www.coinbase.com/bytes/archive/wormhole-defi-hack-exploit-323-mill=
ion>=20
due to a separate software bug.

#8398

Number=20
<https://opensea.io/assets/ethereum/0xbc4ca0eda7647a8ab7c2061c2e118a18a936f=
13d/8398>
 of the Bored Ape that actor Seth Green bought last year andintended to use=
=20
<https://www.buzzfeednews.com/article/sarahemerson/seth-green-bored-ape-sto=
len-tv-show>
 in a partially animated show calledWhite Horse Tavern. An unexpected plot=
=20
twist? Green=E2=80=99s ape (namedFred Simian <https://www.instagram.com/fre=
d_simian/>)=20
was stolen in a phishing attack, meaning the IP rights that come with his a=
pe=20
are also now gone =E2=80=94=C2=A0complicating Green=E2=80=99s plan to use t=
he character in the show.=20
(Now would be a great time to brush up onsecurity tips=20
<https://www.coinbase.com/learn/crypto-basics/how-to-secure-crypto>.)

10,000 BTC

Amount that Florida programmer Laszlo Hanyecz spent on two large Papa John=
=E2=80=99s=20
pizzas on May 22, 2010 =E2=80=94=C2=A0the first known IRL crypto transactio=
n. The annual=20
celebration known as Bitcoin Pizza Day serves as a reminder of BTC=E2=80=99=
s=20
mind-bending growth over the last 12 years. At BTC=E2=80=99s current price =
around=20
$30,000, Hanyecz could have bought 20 million large pizzas. (At November=E2=
=80=99s peak=20
near $70,000? 46 million pizzas!)

50

Number of digital-asset bills Congress has introduced to date =E2=80=94 add=
ressing=20
subjects including crypto taxation, CBDCs, and funding for=20
blockchain-technology research, according to aForbes=20
<https://www.forbes.com/sites/jasonbrett/2022/05/19/congress-has-introduced=
-50-digital-asset-bills-impacting-regulation-blockchain-and-cbdc-policy/?sh=
=3D441b38204e3f>
 report. Looking to learn more about the future of crypto policy? Check out=
 the=20
newly launchedCoinbase Institute=20
<https://blog.coinbase.com/introducing-the-coinbase-institute-advancing-the=
-policy-debate-around-crypto-and-the-future-of-5befa28cb49f>
, a crypto-native think tank created to inform policy discussions with=20
=E2=80=9Crigorous, novel research, and =E2=80=A6 the best minds across disc=
iplines,=E2=80=9D including=20
academics, policymakers, and leaders in the crypto community. (And if you h=
ave=20
feedback, you can reach out tocoinbaseinstitute@coinbase.com=20
<mailto:coinbaseinstitute@coinbase.com>.)

12%

Percentage of U.S. adults holding cryptocurrency in 2021, according to a ne=
w=20
11,000-personsurvey=20
<https://www.federalreserve.gov/publications/files/2021-report-economic-wel=
l-being-us-households-202205.pdf>
 by the Federal Reserve. The Economic Well-Being of U.S Households report f=
ound=20
that 11% held crypto as an investment while 2% had used crypto for a=20
transaction (maybe pizza?).
Learn to bank with crypto=20
<https://www.coinbase.com/learn/crypto-basics/can-crypto-really-replace-you=
r-bank?src=3Dnumberstoknow_cta>



 TOKEN TRIVIA=20

Who of the following is not an Ethereum co-founder?

A Vitalik Buterin=20
B Eth Ledger=20
C Gavin Wood=20
D Charles Hoskinson=20
Find the answer at the end of the email.
Learn ETH history=20
<https://www.coinbase.com/learn/crypto-basics/what-is-ethereum#a-brief-hist=
ory-of-ethereum?src=3Dtokentrivia_cta>



 NOW TRADING ON COINBASE=20

FLOW=20
FLOW is a cryptocurrency that powers Flow, a layer one blockchain and smart=
=20
contract platform.
 <https://www.coinbase.com/price/flow?bytes_new=3Dflow>=20


Trivia answer

B Eth Ledger=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.

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 248 3rd St #434 | Oakland, CA 94607 | US
 +1 (888) 908-7930

Unsubscribe=20
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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,=
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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=
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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;">Hint: it has to do =
with decentralization.</span><img src=3D"https://links.coinbase.com/e/eo?_t=
=3D3aca56371967418192255878e9689713&amp;_m=3D2a0780918de6476d8b34f320193359=
11&amp;_e=3DcB6xEVhWhDZQ5NwvTG_ze-L9W1ApUrSQqP0KdB95jkPlbquJX2rGQGG06ga0-s3=
qGaFg7v7gFKcgPaUn5PdmmB_9NT2helnlbfdkPw0EgXm7MeGbll2q3s6V6DoTniO9lAMe_oGQAC=
7_Gv8UaJISnbzIWlZV-ug6epQzaAKUC9xexLTvLIgzoynWxJdudnm6TqQcBiiwiG_LYUzcXgMrB=
g%3D%3D" style=3D"border:0;width:1px;height:1px;border-width:0px!important;=
display:none!important;line-height:0!important;" width=3D"1" height=3D"1"/>=
 <div id=3D"root" style=3D"min-width: 320px; background-color: #FFFFFF; wid=
th: 100%"> <div style=3D"min-width: 320px; max-width: 570px; overflow-wrap:=
 break-word; word-break: break-word; margin: 0px auto;" class=3D"block-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=3D3a=
ca56371967418192255878e9689713&_m=3D2a0780918de6476d8b34f32019335911&_e=3Dc=
B6xEVhWhDZQ5NwvTG_ze-L9W1ApUrSQqP0KdB95jkPlbquJX2rGQGG06ga0-s3qOdNtgmeW2K47=
rCd8wTbRv1169A_TYSSdfE2FK6yytZXwCRKzPLTgZQsNbBgPyGReiNqS-lTeCWO2SWnOfDR7Sw%=
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: 12px;">View=
 in browser</a></div> <div style=3D"margin-bottom: 20px;"> <table style=3D"=
width: 100%;"> <tbody> <tr> <td style=3D"text-align: left; vertical-align: =
middle;"><a href=3D"https://links.coinbase.com/a/click?_t=3D3aca56371967418=
192255878e9689713&_m=3D2a0780918de6476d8b34f32019335911&_e=3DLscAqNKLYrIgC5=
HnpvJa_kwsR9ACVyJ7cGiFvKNnVuQ4qMNHb7EW4i2Mv25nLO6FrJP3x-moaUBBaDMmQlciymsix=
1ovItX-1ZaxnykvoykdXLw7g0eQ3m-SsL_fiTa7eVB0JhhD5nchKVn4W2glubXvEX_NrpZfJmWV=
sl2PoZplInfJR2_2FiSXPZ2xVNINOOxBBCWWEV00aHFO0ad5DWWHMvPrmFElzHFwX7JYxAJK-R3=
6uR8Py7B2MGvz58-6LQZVts9yADlmsoGJgwTpLEbTXrhjWZx9_5_8nOpWD7vMb1YcLLr10E7NUJ=
-Xw0vGjo4IljS1ZPXkyhvvlJjH3h7HvznB0bvcm7aU5KgGfn6kHBvswn2TIV2rugWpRg6q" tit=
le=3D"Coinbase Bytes" target=3D"_blank" rel=3D"noopener noreferrer"><img sr=
c=3D"https://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/669d571=
3-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9689713/cbytes-4x.pn=
g" height=3D"36" style=3D"display: block; height: 36px;"></a></td> <td styl=
e=3D"text-align: right;"><p style=3D"font-size: 20px; color: rgb(10, 11, 1)=
; margin: 10px 0px 0px;"> 25-May-2022 </p></td> </tr> </tbody> </table> </d=
iv> <a href=3D"https://links.coinbase.com/a/click?_t=3D3aca5637196741819225=
5878e9689713&_m=3D2a0780918de6476d8b34f32019335911&_e=3DLscAqNKLYrIgC5HnpvJ=
a_sVqz0zcITur6e8wwiX-Kxp5u1GGGWZSgZJGwzr7E6aE-6B-1NhLrnuh9brX8FQ0SrDxBUHjoo=
Fs2BIBPoaO90O-p5elQ5kAQEnR9EsgHL7-iFizTVZoLE_Pzt3iRz5nlCZTxwwip1PijQBQIvRzY=
KPsJL7qGshhUuCHKLBzO2P1cOj08a1krCH84-x35-y0J_tgCxayN9Cg2WSjdueHx6VhEBw68Zyv=
Vr6v0gBgvqFcKyvmFMbM0rtDseC0avhz4U0g-dKpGEsZAPywdk7zwui9tCFuJDur44f75j1J-Y3=
sopAkhqjzB1OkUXgLp01inyr0EYTTcFkJzVGUm13jrEE2iqsohxw_JFvAARZ1iw09" target=
=3D"_blank" rel=3D"noopener noreferrer"><img src=3D"https://images.ctfasset=
s.net/q5ulk4bp65r7/6LTXLeQQl2HLHCRerkj6KU/bc6d77d73a26d550c8e05e1995641f3e/=
Image_courtesy_of_Liam_Cobb.png" width=3D"100%" style=3D"display: block; wi=
dth: 100%;"></a> <p style=3D"margin: 16px 0px 0px; line-height: 1.5; word-b=
reak: break-word; font-size: 12px; color: rgb(91, 97, 110);">Ethereum co-fo=
under Vitalik Buterin says the blockchain will fully transition to proof of=
 stake this August. [Image courtesy of <a href=3D"https://links.coinbase.co=
m/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D2a0780918de6476d8b34f3=
2019335911&_e=3DLscAqNKLYrIgC5HnpvJa_snzZK1OlSKBMbTzOfJiGAbMKRynP9wIF4vU4bK=
-wLQJzDxicTfAcOMt1FDmTBoSV9nZyvRz2duQPakdUm7c0RdU_JoJ1QNwIfZwWcsyJPJmCdCBfJ=
UI_4kuyDefgn1CnLNNHZw8_BmM-oMK8VpQuKhlXyK3VISd4tCL2iG8dlvvvzqVLEG7x0inYmBQa=
wRuQpbdZLNJ2mUpp7AKJElriPw2RZ2mh_VUCbVkNw0k_yvCYd_mSirpoGCWLW0ceKQreAPgbvex=
3RfvLFzixv19hlsNFTrqWGYeb8StHUaUY9J-dx53bYa1rEhoViBYERwGCHq-yXVx8D85Uyi2b1M=
d8jL7zKG8iEF4R-j7WOf8Vwh_" target=3D"_blank" rel=3D"noopener noreferrer">Li=
am Cobb</a>]</p> <p style=3D"margin: 48px 0px 16px; font-size: 32px; line-h=
eight: 1.26; word-break: break-word;"><strong>Hey there, It=E2=80=99s Coinb=
ase Bytes</strong></p> <p style=3D"margin: 0px; line-height: 1.6; word-brea=
k: break-word;">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;"><![endif]--><=
!--[if !mso]><!-- --><ul style=3D"margin: 10px 0px; padding-left: 24px; lin=
e-height: 1.6;"><!--<![endif]--> <li style=3D"margin: 0px; padding: 6px 0px=
;"><strong>Ethereum=E2=80=99s biggest-ever upgrade is coming in August.</st=
rong> We=E2=80=99ll explain Ethereum=E2=80=99s long-awaited =E2=80=9Cmerge=
=E2=80=9D and what it means for you.</li> <li style=3D"margin: 0px; padding=
: 6px 0px;"><strong>Despite a strict ban, crypto mining has returned to Chi=
na. </strong>Last summer, China exiled crypto miners, so how are they stagi=
ng a comeback?</li> <li style=3D"margin: 0px; padding: 6px 0px;"><strong>No=
teworthy numbers. </strong>The wild amount of BTC spent on two large pizzas=
 in May of 2010. Plus, other key stats to know.</li> </ul> <p style=3D"marg=
in: 0px; padding: 0px;"></p> <!--[if !mso]><!--> <div class=3D"desktop_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/click?_t=3D=
3aca56371967418192255878e9689713&_m=3D2a0780918de6476d8b34f32019335911&_e=
=3DLscAqNKLYrIgC5HnpvJa_sJLTgIQKbGFuPJw7h-DBJZNOSUqWd1V_x287pdTgG9LeQe5FBxh=
pyC4NGOgLRyNPgM4YtXjuzzO1o0d03IvSjE-sg28xgmAnb9ugKmhOobjYiYQhq0hrfqsxsmcPjZ=
FkINcAGnchPRW603wY8wJ7l5Numy6FlZBQJpdnJtaqKHlKTXHPXxABtZBKSuLF1kLrkNfX0jMNt=
eOwsl96B6OO9IJjpAGJvWGmfjzE8Cj8PpJiMTyieMYhLDWMLzMbDtiz2cCN4A94BwrgbzyXsxVR=
dqQFucWcJar7Z8z6eHgtBCMGQk35DgbqwCzcwMGYUsQ85bjntUorLJDXke_-mzh_6Q6An7ALDew=
iPYnHT5VlVN-Egz8fr2FD4nrJvTUgdgfJj3v3SLTqWM8_cZzVYzRU0U%3D" target=3D"_blan=
k" 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-c542cff6dd=
6a/3aca56371967418192255878e9689713/down-arrow.png" style=3D"height:12px;wi=
dth: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 style=3D"tex=
t-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=A323,499.6=
8 </p> <p style=3D"margin:0;font-size:12px;"> -2.08% </p> </div> </td> </tr=
> </tbody> </table> </a> </td> <td style=3D"padding-top:40px;"> <a href=3D"=
https://links.coinbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=
=3D2a0780918de6476d8b34f32019335911&_e=3DLscAqNKLYrIgC5HnpvJa_sJLTgIQKbGFuP=
Jw7h-DBJZ3WhMeZg54NRUvZ7WUIRpT-GfxYlPFNi5I0lGUWDKTPjL2ZTnIlpi-QFefF2ijXrcrQ=
W_SIAH53Ayaf3hi0NmMsWHXD8D_I9EDC3Q0aIaMRCqx1kGwCqwkRS-zJuYZeLHieXeGwSCi38k2=
kllOuvkSdUBHaBAyAfvv3XUvuJCWOu4Dk5q9cCEtEjkNQepU_sBwo3F21asMbjCf-cjSS-5XycD=
WtGHAI7A9LFU3Cj-cOmVEDclpoYTHBpobAcNJNJ81Jr2-x7xwcZYc9PaA_ME3yLm2s6CTZqNx-z=
L2bOt01R96WgID54A0wQr32qImWRatXk3M7NG6-n-Vxge_n-MM1yNoQDQqcQc6xm5D3ac1f_VWl=
fJY7vHvjnQhXYa8Z9Y%3D" target=3D"_blank" style=3D"text-decoration:none;colo=
r:#0A0B0D;"> <table> <tbody> <tr> <td style=3D"padding:0;vertical-align:top=
;"> <img src=3D"https://d15k2d11r6t6rl.cloudfront.net/public/users/Integrat=
ors/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9689713/d=
own-arrow.png" style=3D"height:12px;width:12px;margin:2px 0px 0px 0px;verti=
cal-align:top;" height=3D"12" width=3D"12"/> </td> <td style=3D"padding:0;v=
ertical-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 st=
yle=3D"margin:8px 0px;"> =C2=A31,554.51 </p> <p style=3D"margin:0;font-size=
:12px;"> -4.77% </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=3D2a0780918de6476d8b34f32=
019335911&_e=3DLscAqNKLYrIgC5HnpvJa_sJLTgIQKbGFuPJw7h-DBJbaqg_ZGWpDR-z0N3Qr=
vFiDguUXzEJjwdlY7OsGbaXgCiBdshQdmVOBMYeDe8qiCOjMlTmHyc1EQMZQyos3gXSc9903Xc5=
ONi5aylA4w7uNSRUYIeFZKie2oPce6roMBPGtVIgQ-nfptx8iH1Q6TIHnrXB5TzTWND1H_ceRai=
GEiO7ZUkZs1IOOYKyCwCxxBnH-1r-FWsf7gBEKeuUXPCYM_zDgBnN0xP9EFUNRynACL7pGbAS_A=
Z6rwiHclgva0DUhjbeznTjfkG_L-YfjMtNrCP-qVQE4KzamQlnZeapXIwqTZhLXCGKI4NduBtM6=
9UN43ekioRkI3yxGaqzOCvfWIYhog7k_teaRfiMsAPP1HOtmodO1gwX4Dz8p71Yg_XbOd51Qo6d=
aREVVak3sLd9o" target=3D"_blank" style=3D"text-decoration:none;color:#0A0B0=
D;"> <table> <tbody> <tr> <td style=3D"padding:0;vertical-align:top;"> <img=
 src=3D"https://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/669d=
5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9689713/down-arro=
w.png" style=3D"height:12px;width:12px;margin:2px 0px 0px 0px;vertical-alig=
n: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-hei=
ght:1;"> <p style=3D"margin:0;"><strong>Binance USD</strong></p> <p style=
=3D"margin:8px 0px;"> =C2=A30.80 </p> <p style=3D"margin:0;font-size:12px;"=
> -0.51% </p> </div> </td> </tr> </tbody> </table> </a> </td> <td style=3D"=
padding-top:20px;"> <a href=3D"https://links.coinbase.com/a/click?_t=3D3aca=
56371967418192255878e9689713&_m=3D2a0780918de6476d8b34f32019335911&_e=3DLsc=
AqNKLYrIgC5HnpvJa_sJLTgIQKbGFuPJw7h-DBJYd63EhN7-quMoC8waJy9z7FHBbRPNxkTznRg=
p9nneD5LaojjI3OUSwnm_u9i3iY7YUFzTI7J-NkSos82WbaCN29I9a-W1H7SQYgmIRO6DYvevwv=
7dcZ4ZXNL1kzIdMl9g1BdIauTMs2zbsF1nPMriLM1kcTBH2Nx-UDxYKWNLXm78Hu95At2FspGwu=
OxyqDfUDigiPKfOtOq6J2808Wj8GB_U-9gyX0TVlULVvm4bD_zmmyGyKIKKHOB6fo0aOPUVJ5aa=
dVCBV1GVJdHJ8-ymOEAt0DxCo9NjXVmHldW5AEybkHA0Iu_VJ6VZonZaHHBxW4DEvHNbXyt78FA=
pBPrZiIr_0xxkIx4Rt4e0KMmUzpMyvN_gRIGtA7uJiu7zspS8%3D" target=3D"_blank" sty=
le=3D"text-decoration:none;color:#0A0B0D;"> <table> <tbody> <tr> <td style=
=3D"padding:0;vertical-align:top;"> <img src=3D"https://d15k2d11r6t6rl.clou=
dfront.net/public/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3a=
ca56371967418192255878e9689713/down-arrow.png" style=3D"height:12px;width:1=
2px;margin: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-ali=
gn:left;margin:0px 0px 0px 10px;line-height:1;"> <p style=3D"margin:0;"><st=
rong>Cardano</strong></p> <p style=3D"margin:8px 0px;"> =C2=A30.41 </p> <p =
style=3D"margin:0;font-size:12px;"> -8.97% </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=3D2a0780918de6476d8b34f32019335911&_e=3DLscAqNKLYrIgC5HnpvJa_sJLTgIQKbGFu=
PJw7h-DBJZohrnEhhwyai7FTC2F1uDlNsP0Hu5Xr1E8EgZaxrYn_spjJOAZ41PG_C-fTfGzaT_-=
K-2ql7HLNjK5sYn93MgOHr7WD0rBEdSuC3OIDUe4-Hl46H0qYlP4C0DBnKe2KhFbtYcVibBR7WX=
YY7usB19OSVhFHtPf06yjlV_dd0t5jb_o6ki_Tr2GTXxW5kv85rYX_lI03DFcrox_lJ2-vsxx8A=
UwH3PGysBc3nsOtLfiPneEOZNNIwbHXjq7Ni4PcnJ9TzpQjlsaCKChDUXVqDFLch8NLpllqMGyf=
zS4bWiLT2waQ2gC8Lr7_QHbrEZW8vWCMFKo7yJh66nT6CXzEhEgryCzbS-ZEspC7-Ip-5P1fsGs=
NNWWoYPAo6PQmdF-W7g%3D" target=3D"_blank" style=3D"text-decoration:none;col=
or:#0A0B0D;"> <table> <tbody> <tr> <td style=3D"padding:0;vertical-align:to=
p;"> <img src=3D"https://d15k2d11r6t6rl.cloudfront.net/public/users/Integra=
tors/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9689713/=
down-arrow.png" style=3D"height:12px;width:12px;margin:2px 0px 0px 0px;vert=
ical-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>Solana</strong></p> <p sty=
le=3D"margin:8px 0px;"> =C2=A338.11 </p> <p style=3D"margin:0;font-size:12p=
x;"> -12.85% </p> </div> </td> </tr> </tbody> </table> </a> </td> <td style=
=3D"padding-top:20px;"> <a href=3D"https://links.coinbase.com/a/click?_t=3D=
3aca56371967418192255878e9689713&_m=3D2a0780918de6476d8b34f32019335911&_e=
=3DLscAqNKLYrIgC5HnpvJa_sJLTgIQKbGFuPJw7h-DBJYq_8d0Kyww_6cU1cOLbfAgbZGpc0Ch=
FlB2B350XxfNFPdjmZR7fmCpgqQuI47jwBhWDcvo68X5j86rTVy0fNOoEv1hrxZaQ9Ocmp7V8Ba=
VxTph3xAVryigDbQkfQHGaLqD4_y70xA-G3Wu9be8WhM1uptwa6oMOfXb_uBA0MA9W35JrU7hq_=
LxkIl1klMPk8qN6kQj-rtLzuyO_UcvsXE4axWZ4XKl6laFiMRRPJhf05RIliIOmZ79yN0jdFyjx=
yD0AKv6l3ET3IZtV83gMcZBhOPLlxtb2lhyK9ZvMeR_-HlviqDEswZjJIW0LdjkPVAx71AAnRYX=
AWucsEFSgXxXkj-4v9Z9Bv6ukjn0QD9AagUSVhzL86X9rW-bzW4vs-c%3D" target=3D"_blan=
k" 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-c542cff6dd=
6a/3aca56371967418192255878e9689713/down-arrow.png" style=3D"height:12px;wi=
dth: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 style=3D"tex=
t-align:left;margin:0px 0px 0px 10px;line-height:1;"> <p style=3D"margin:0;=
"><strong>Dogecoin</strong></p> <p style=3D"margin:8px 0px;"> =C2=A30.07 </=
p> <p style=3D"margin:0;font-size:12px;"> -7.97% </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;m=
argin:0;"> <tbody> <tr> <td style=3D"padding-top:40px;"> <a href=3D"https:/=
/links.coinbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3D2a07=
80918de6476d8b34f32019335911&_e=3DLscAqNKLYrIgC5HnpvJa_sJLTgIQKbGFuPJw7h-DB=
JZNOSUqWd1V_x287pdTgG9LeQe5FBxhpyC4NGOgLRyNPgM4YtXjuzzO1o0d03IvSjE-sg28xgmA=
nb9ugKmhOobjYiYQhq0hrfqsxsmcPjZFkINcAGnchPRW603wY8wJ7l7jXPPYudfQdp-jSNuV7lV=
C161gBsbQ7kNqe-YK4_H5pkDGernqbt4DGcNPIfM-oB30i-Ng9294oKt1PUffM-kG8SoL_05zDz=
J2Lk572NwWP20kR6SPiPLdK22lykqvb9eoHhKl3uGflvB4Cb8Bfq0XYZFafRDvKhce-M5dqg0aY=
W40U0ag5ipAqJipws71gDvo_0CU4mgxOPPGGygsG9nxO3arlJUG5c8-xokOwFvrXsPxj3S2xHfV=
g00yUQb4A08%3D" target=3D"_blank" style=3D"text-decoration:none;color:#0A0B=
0D;"> <table> <tbody> <tr> <td style=3D"padding:0;vertical-align:top;"> <im=
g src=3D"https://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/669=
d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9689713/down-arr=
ow.png" style=3D"height:12px;width:12px;margin:2px 0px 0px 0px;vertical-ali=
gn: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-he=
ight:1;"> <p style=3D"margin:0;"><strong>Bitcoin</strong></p> <p style=3D"m=
argin:8px 0px;"> =C2=A323,499.68 </p> <p style=3D"margin:0;font-size:12px;"=
> -2.08% </p> </div> </td> </tr> </tbody> </table> </a> </td> <td style=3D"=
padding-top:40px;"> <a href=3D"https://links.coinbase.com/a/click?_t=3D3aca=
56371967418192255878e9689713&_m=3D2a0780918de6476d8b34f32019335911&_e=3DLsc=
AqNKLYrIgC5HnpvJa_sJLTgIQKbGFuPJw7h-DBJZ3WhMeZg54NRUvZ7WUIRpT-GfxYlPFNi5I0l=
GUWDKTPjL2ZTnIlpi-QFefF2ijXrcrQW_SIAH53Ayaf3hi0NmMsWHXD8D_I9EDC3Q0aIaMRCqx1=
kGwCqwkRS-zJuYZeLHieXeGwSCi38k2kllOuvkSPCQI7CWDlLCYn_usy1GhJxDH6IYw8KuWYCwS=
dazpuHgZT5LAneM62ND2G51zw9sL7Gq_K94eeMYMqewcPtv9DobuozR0IGVQDxpgfb8yePlF4kM=
cMPy15SLftAdUC6eJSV08Xg2K-AD8ouWgiQcux0Rmxw_b5We5P0vvzVvt98OzkthY5iZhwKQzK0=
k1RB2EYdB5uUIH_pKpQrBhe2BcfqwRMENr_BR8MB-TF26PWzw%3D" target=3D"_blank" sty=
le=3D"text-decoration:none;color:#0A0B0D;"> <table> <tbody> <tr> <td style=
=3D"padding:0;vertical-align:top;"> <img src=3D"https://d15k2d11r6t6rl.clou=
dfront.net/public/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3a=
ca56371967418192255878e9689713/down-arrow.png" style=3D"height:12px;width:1=
2px;margin: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-ali=
gn:left;margin:0px 0px 0px 10px;line-height:1;"> <p style=3D"margin:0;"><st=
rong>Ethereum</strong></p> <p style=3D"margin:8px 0px;"> =C2=A31,554.51 </p=
> <p style=3D"margin:0;font-size:12px;"> -4.77% </p> </div> </td> </tr> </t=
body> </table> </a> </td> <td style=3D"padding-top:40px;"> <a href=3D"https=
://links.coinbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3D2a=
0780918de6476d8b34f32019335911&_e=3DLscAqNKLYrIgC5HnpvJa_sJLTgIQKbGFuPJw7h-=
DBJbaqg_ZGWpDR-z0N3QrvFiDguUXzEJjwdlY7OsGbaXgCiBdshQdmVOBMYeDe8qiCOjMlTmHyc=
1EQMZQyos3gXSc9903Xc5ONi5aylA4w7uNSRUYIeFZKie2oPce6roMBPGtVIgQ-nfptx8iH1Q6T=
IHnPkJFGCeLbmSMMgnMmkRPYzq-He4EdCYhcyZeGBACmI-oe8M8pC7NH8F1Dx-rT2OwZKktA1em=
weqg-EmmON7r8XgwqjBNRFwnv8Hp1-UTe1GEywabr6UAiinr3ccMzuggpxDyLB55Fkaz76n86G6=
6uz4NFIZ29SbSFa2Mxz0_HErWyp-CFxLFXbhT4_hrw1zvD3mXofvQ2Nb9Vg3ZMrSZ6TuUi3Y5Bp=
g6usYNROxcXqdthirABmCUTanwxDUZ7Q1j" target=3D"_blank" style=3D"text-decorat=
ion:none;color:#0A0B0D;"> <table> <tbody> <tr> <td style=3D"padding:0;verti=
cal-align:top;"> <img src=3D"https://d15k2d11r6t6rl.cloudfront.net/public/u=
sers/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255=
878e9689713/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:top;"> <div style=3D"text-align:left;margin:0p=
x 0px 0px 10px;line-height:1;"> <p style=3D"margin:0;"><strong>Binance USD<=
/strong></p> <p style=3D"margin:8px 0px;"> =C2=A30.80 </p> <p style=3D"marg=
in:0;font-size:12px;"> -0.51% </p> </div> </td> </tr> </tbody> </table> </a=
> </td> </tr> <tr> <td style=3D"padding-top:20px;"> <a href=3D"https://link=
s.coinbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3D2a0780918=
de6476d8b34f32019335911&_e=3DLscAqNKLYrIgC5HnpvJa_sJLTgIQKbGFuPJw7h-DBJYd63=
EhN7-quMoC8waJy9z7FHBbRPNxkTznRgp9nneD5LaojjI3OUSwnm_u9i3iY7YUFzTI7J-NkSos8=
2WbaCN29I9a-W1H7SQYgmIRO6DYvevwv7dcZ4ZXNL1kzIdMl9gnqwD10fD8uLDmID0k3EjuK2jT=
3D-pR8Ekulh8BsBgEb1N_vvN4m6cIbnyp8whcDJy9K3Z6BU2WyY4Uq_vz31mUiiUnppEKestrf2=
pLiOAcTgzPexwrq2X-tcw2-S8CKtqWZXGadQV4rDip-2_exaDpTEOS1tbU8dLyPfsxDvDZ6xr5Q=
qNx5ksKtPYHx_cmU0q7RSYgdAAU1U1az_sBQLGX-O0ysdtcvBYdfdLufA6SsZaRAd09jbL3RDv_=
YS_cHM%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>Cardano</strong></p> <p style=3D"margin=
:8px 0px;"> =C2=A30.41 </p> <p style=3D"margin:0;font-size:12px;"> -8.97% <=
/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=3D2a0780918de6476d8b34f32019335911&_e=3DLscAqNKLYrIgC=
5HnpvJa_sJLTgIQKbGFuPJw7h-DBJZohrnEhhwyai7FTC2F1uDlNsP0Hu5Xr1E8EgZaxrYn_spj=
JOAZ41PG_C-fTfGzaT_-K-2ql7HLNjK5sYn93MgOHr7WD0rBEdSuC3OIDUe4-Hl46H0qYlP4C0D=
BnKe2KhHg0aTV-XhAHXCLqZO3bCSqgZfctIJqYtg6V34Xcjwzh6ZoF3GtI68DCs6Anc_iQCZg9h=
wEZxdbB-ZCi14NOlNR2Aq2HoYc0fBBWCqa8zelCHY9ARCwx23K_vvzzbtIf3I_GR2MOj5k6wvle=
Nrs-6O76PGAd9xwnn0C14LqM8wFzdkLQLob1HhPcAzXYpdZUOKLzoZ7yWQb4sgI5AO77Z50caAu=
ztjrPRS1RuLm8iIH4uRBwnWAg9BWg2tMmmYUAus%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/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:top;"> <div style=3D"text-align:left;mar=
gin:0px 0px 0px 10px;line-height:1;"> <p style=3D"margin:0;"><strong>Solana=
</strong></p> <p style=3D"margin:8px 0px;"> =C2=A338.11 </p> <p style=3D"ma=
rgin:0;font-size:12px;"> -12.85% </p> </div> </td> </tr> </tbody> </table> =
</a> </td> <td style=3D"padding-top:20px;"> <a href=3D"https://links.coinba=
se.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3D2a0780918de6476d8=
b34f32019335911&_e=3DLscAqNKLYrIgC5HnpvJa_sJLTgIQKbGFuPJw7h-DBJYq_8d0Kyww_6=
cU1cOLbfAgbZGpc0ChFlB2B350XxfNFPdjmZR7fmCpgqQuI47jwBhWDcvo68X5j86rTVy0fNOoE=
v1hrxZaQ9Ocmp7V8BaVxTph3xAVryigDbQkfQHGaLqD4_y70xA-G3Wu9be8WhM1sn95BYq_Wg5m=
9pDge4D0tSCxl-pgPRcjXz24uby_kchpRkHl3gdnpp1B9Ech6Gw4T1NOFL8FuD5R9obIFHviuBa=
qNRU_FBZvIo3Dks-FQUBtXFq5cW_d952fNKPTwa6vOIaPeMpsEf5DMIHSiu8gl9mXEOI3jXou66=
EeuV8MLxBl_qb8Yv3Mea2cEdx2vjYrULq2Nt2fkO-UiBS30S00-0G_-cezC9218-bKzdNQr_0%3=
D" target=3D"_blank" style=3D"text-decoration:none;color:#0A0B0D;"> <table>=
 <tbody> <tr> <td style=3D"padding:0;vertical-align:top;"> <img src=3D"http=
s://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/669d5713-9b6a-46=
bb-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>Dogecoin</strong></p> <p style=3D"margin:8px 0p=
x;"> =C2=A30.07 </p> <p style=3D"margin:0;font-size:12px;"> -7.97% </p> </d=
iv> </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-size: 12px;">Price changes are for the past=
 week, ending on May 25, 2022 at 11:58 AM UTC</p> <div class=3D"cta_button"=
 style=3D"margin: 24px 0px 0px; padding: 0px; width: 50%;"><!--[if mso]><ta=
ble 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-tabl=
e-rspace:0pt;"><tr><td style=3D"padding:0;" align=3D"left"> <v:roundrect xm=
lns:v=3D"urn:schemas-microsoft-com:vml" xmlns:w=3D"urn:schemas-microsoft-co=
m:office:word" href=3D"https://links.coinbase.com/a/click?_t=3D3aca56371967=
418192255878e9689713&_m=3D2a0780918de6476d8b34f32019335911&_e=3DLscAqNKLYrI=
gC5HnpvJa_sJLTgIQKbGFuPJw7h-DBJZYxqeQu6n43dJvAZEXC64Nlu9FKsnVelMYXLYamjqc9Z=
rdQ_eY2nk550jnXmMsrzW0zeJeB6S8Pjo9UqicgM2ZSXVLCF6Hec7L0kT05SGVHQFMQJHeSJrp1=
gFht_Ez1ouPpu8xnz8bPGiiIOAkH7OKbd1Vp9XlRvTVxw4ml28ymJJhNX72nyV-aUUI1UNLZolb=
-iQPaBR3-WSaBb3A-ZPBa4UJYHUMdggzAbcXnY-CieEl1zujljFVODca4M3Thc0EsqTEi-_xPdZ=
F-VtwsStKEdrRpLqDxElOemH3uyvU49P7v4npGtK4PmXz8I-hUYYPEahL4TF2KSuWjFUOcbnL" =
style=3D"width:350pt;v-text-anchor:middle;" arcsize=3D"17%" stroke=3D"false=
" fillcolor=3D"#0052ff"> <w:anchorlock/><v:textbox inset=3D"0,0,0,0"><cente=
r style=3D"font-family: Helvetica Neue, Helvetica, Arial, sans-serif;"><![e=
ndif]--><a href=3D"https://links.coinbase.com/a/click?_t=3D3aca563719674181=
92255878e9689713&_m=3D2a0780918de6476d8b34f32019335911&_e=3DLscAqNKLYrIgC5H=
npvJa_sJLTgIQKbGFuPJw7h-DBJZYxqeQu6n43dJvAZEXC64Nlu9FKsnVelMYXLYamjqc9ZrdQ_=
eY2nk550jnXmMsrzW0zeJeB6S8Pjo9UqicgM2ZSXVLCF6Hec7L0kT05SGVHTeOcDdT7IEHyu_FM=
PzEJsiWsps4MFYxYUTnxGoPGWRnM9-YLpVpgLgD2TQaOeU94rZ1evi_EVRqMRyas3YMW8BzAtcj=
SOBYNgGiI71shgEuOj2I-6kQe4g8fucK1LjkhIiq_VqA0D68Jq6AI-he5Ys2qnaXPAqJuLJptmJ=
5BlnsEZ8PiJjtxoxtcmteRFlgKL9Q1L1aqQhfWGS8gl0HrtKZ9EZ30myz8RMEeRDEKZBW" targ=
et=3D"_blank" rel=3D"noopener noreferrer" style=3D"display: block; margin: =
0px; line-height: 1.2; font-size: 16px; text-decoration: none; color: rgb(2=
55, 255, 255); background-color: rgb(0, 82, 255); border-radius: 30px; text=
-align: center; padding: 18px 0px;"><strong>See the latest prices</strong><=
/a><!--[if mso]></center></v:textbox></v:roundrect></td></tr></table><![end=
if]--></div> <table width=3D"100%" role=3D"presentation" valign=3D"top" sty=
le=3D"table-layout: fixed; vertical-align: top; border-spacing: 0px; border=
-collapse: collapse; min-width: 100%; text-size-adjust: 100%;"> <tbody> <tr=
 style=3D"vertical-align: top;"> <td valign=3D"top" style=3D"word-break: br=
eak-word; vertical-align: top; min-width: 100%; text-size-adjust: 100%; pad=
ding: 48px 0px;"><table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" wi=
dth=3D"100%" align=3D"center" role=3D"presentation" valign=3D"top" style=3D=
"table-layout: fixed; vertical-align: top; border-spacing: 0px; border-coll=
apse: collapse; border-top: 2px solid rgb(222, 224, 226); width: 100%;"> <t=
body> <tr style=3D"vertical-align: top;"> <td valign=3D"top" style=3D"word-=
break: break-word; vertical-align: top; text-size-adjust: 100%;"><span></sp=
an></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://d15k2d1=
1r6t6rl.cloudfront.net/public/users/Integrators/669d5713-9b6a-46bb-bd7e-c54=
2cff6dd6a/3aca56371967418192255878e9689713/dot-1.5x.png" width=3D"12" heigh=
t=3D"12" style=3D"display: block; width: 12px; height: 12px;"></td> <td sty=
le=3D"margin: 0px; padding: 0px; vertical-align: middle;"><p style=3D"margi=
n: 0px; font-size: 16px; letter-spacing: 0.075em;"><strong> 2ETH 2FURIOUS <=
/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>Ethere=
um=E2=80=99s long-awaited =E2=80=9Cmerge=E2=80=9D upgrade is scheduled for =
this summer</strong></p> </div> <p style=3D"margin: 16px 0px 0px; line-heig=
ht: 1.6; word-break: break-word;">Amid all the market turmoil, there=E2=80=
=99s <a href=3D"https://links.coinbase.com/u/click?_t=3D3aca563719674181922=
55878e9689713&_m=3D2a0780918de6476d8b34f32019335911&_e=3DLscAqNKLYrIgC5Hnpv=
Ja_nJpFwe8i3Sokv9tcuNatOA19WPAclQ1RdzMUYRwL2CQnBCaOKrDE-BMadJFUzsw4qYurg3nL=
qCJAASJQ6fXMPgftrwK-wRU9PIe46LvHOVP7zRYYU03TQklpIaje71kSKQ5j2cvScMpb6gazaJI=
DhjJp2dLpvthwUHsw3_HvpBNJXydJC4lL_da2WgZ9c25YtSeibn4kme4u_4zVlYuHH6__rVSaHX=
hAxQCK06AVpSgsDDFMD7StELzTIdeCBm-4mJX7hM2ClRWDrWpq4pHZDMCbmd72utjx6Plw718zJ=
KvmIJHnub7-4a978DJMdnqW3yD2vtM5ikFPsBmsUyhWZOf0N6UlOhGcTUPJTbLd_Kr5ni6yjhqk=
0YtHSQmCRnqL_EDC-20ZwmpAhySRCtzKfrkydYPIY4RmaW3Ka5_o512xRvNlcwnKzpY1ZHFxDYQ=
fw%3D%3D" target=3D"_blank" rel=3D"noopener noreferrer">one major crypto de=
velopment</a> on its way that=E2=80=99s been flying a little under the rada=
r: Ethereum=E2=80=99s long-awaited =E2=80=9Cmerge=E2=80=9D (sometimes known=
 as ETH2), which Ethereum co-founder Vitalik Buterin says should happen in =
August. It will move Ethereum from the energy-intensive =E2=80=9Cproof of w=
ork=E2=80=9D system it currently uses to a =E2=80=9Cproof of stake=E2=80=9D=
 system that promises to make the network 99% more efficient while also inc=
reasing security and processing speeds. The merge is a complicated, years-l=
ong technological endeavor that=E2=80=99s seen countless delays. Here=E2=80=
=99s why it matters so much.</p> <!--[if mso]><ul style=3D"line-height:1.6;=
mso-line-height-alt:26px;"><![endif]--><!--[if !mso]><!-- --><ul style=3D"m=
argin: 10px 0px 0px; padding-left: 24px; line-height: 1.6;"><!--<![endif]--=
> <li style=3D"margin: 0px; padding: 6px 0px;"><a href=3D"https://links.coi=
nbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3D2a0780918de647=
6d8b34f32019335911&_e=3DLscAqNKLYrIgC5HnpvJa_qbDxDADKsXgz-Ajt8etP_PjNPY80em=
PtudxKYF1emMIITLjQptmq_SavK9rzrqcNeU8YELvu8Xp4qPOjHLkgSsm-JzHMJVR1mPoDrvriz=
UUJixrmfRukfM880yE7eW26HjqjZ1E1qXeuhYvuVes5iQ4Lt-SslJOh-xfaOH1O_3QbnPrzTqJe=
5vEBYr017840ot1mXAH_LY39Soo1n5_4-sYucIG9LqLf9HoY-2U761Hm6v7C8VHw2UkBNnqh2ef=
u4KN_2eoO-b_K_nz-YRNDCB_lCpYP8AsvJyJRCEZmQxUXUsaIHFmV_9Zl8Rbch8DBwv1cp99xvH=
rVwU_BPxZ76GuAD5ChrYgHIZEZ7MDY2tdBSI5G4oJNRQhjFBSy7_LYqjVg5UYoAN9E_IA3j00JP=
dMDkAVuEU9lx7nI5CnXxSjkxcCqWbJCkVlLnKnNDtQ0SeLU7W737luwXjuW7uo9ZR_oRN6teNz8=
SvUe16cYh7w_elwhaTXr6H5O1SwT7vNnbsVG43GOF685xKrKOC8ZKNgBkLrtubkPbXcnDy_pHmT=
" target=3D"_blank" rel=3D"noopener noreferrer"><strong>Proof of work</stro=
ng></a><strong> is the original crypto =E2=80=9Cconsensus mechanism,=E2=80=
=9D originating with Bitcoin, </strong>that allows many computers across a =
decentralized network to agree on which transactions are legitimate =E2=80=
=94 and is also the process Ethereum currently uses to create new coins. It=
 requires a huge amount of processing power, which is contributed by virtua=
l =E2=80=9Cminers=E2=80=9D around the world who compete to solve a time-con=
suming math puzzle. The winner gets to update the blockchain with the lates=
t block of verified transactions, and is rewarded with a predetermined amou=
nt of new ETH.&nbsp;</li> <li style=3D"margin: 0px; padding: 6px 0px;"><str=
ong>In the wake of vastly increased network traffic due to innovations like=
 DeFi and NFTs, proof of work=E2=80=99s bandwidth limitations have caused b=
ottlenecks</strong> =E2=80=94 and unpredictable spikes in transaction fees =
(also known as gas). Enter proof of stake. <a href=3D"https://links.coinbas=
e.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3D2a0780918de6476d8b=
34f32019335911&_e=3DLscAqNKLYrIgC5HnpvJa_qbDxDADKsXgz-Ajt8etP_PjNPY80emPtud=
xKYF1emMIITLjQptmq_SavK9rzrqcNeU8YELvu8Xp4qPOjHLkgSsm-JzHMJVR1mPoDrvrizUUJi=
xrmfRukfM880yE7eW26HjqjZ1E1qXeuhYvuVes5iQ4Lt-SslJOh-xfaOH1O_3QbnPrzTqJe5vEB=
Yr017840ot1mXAH_LY39Soo1n5_4-sYucIG9LqLf9HoY-2U761Hm6v7C8VHw2UkBNnqh2efu4KN=
_2eoO-b_K_nz-YRNDCB_lCpYP8AsvJyJRCEZmQxUIdvSEcd2M4fuzkRhqBtvdX2uv8E-lBPQflg=
IyoLmNsEonEV5TKrtDL2QppPlA0JyAD5HcoFB7g4i1B4Dq9ooKI_2E4f3ZO7xcOWINmXguUBzAp=
XBYHFkZQvdMpXQrvzjiKKLkmmrOnQXoFiBwOb0SJjg7Fm6hDUpqbFRGmCQPZJjskfS6gQa0S2GQ=
PCACXzW63i3iV2xRQazf4tpEWURxgICjZHOcuMO6uyST2nPfdEScmByWdYGc2wOLoA5IOkp" ta=
rget=3D"_blank" rel=3D"noopener noreferrer">Proof-of-stake</a> blockchains =
=E2=80=94 which are used by low-fee ETH alternatives like Solana and Avalan=
che =E2=80=94 are designed to be faster, less resource-intensive, and theor=
etically more secure. Instead of requiring energy-intensive miners, proof-o=
f-stake networks rely on =E2=80=9Cvalidators=E2=80=9D that contribute their=
 own ETH to a =E2=80=9Cstaking pool=E2=80=9D in exchange for a chance of up=
dating the blockchain with the latest block of verified transactions, earni=
ng newly minted tokens, and pocketing a share of transactions fees. (Learn =
about <a href=3D"https://links.coinbase.com/a/click?_t=3D3aca56371967418192=
255878e9689713&_m=3D2a0780918de6476d8b34f32019335911&_e=3DLscAqNKLYrIgC5Hnp=
vJa_qbDxDADKsXgz-Ajt8etP_N0KGE3JSlvPWm-xFGGjgTohR3cMbquV4XKW0xECgaeYgUu_7WX=
iamIseNkDWNq6lP3YWjPZhHbJZdzrtVWsowUm52udaapA0CBILUtVn54376XZ9qL08X7oQ2Ko0U=
EiPZwLjBO7Wnw_8MQhyCBe-Kzq6n7scrxYmECbeqmNJnfj_78W5RST7YAdbBTSbOHo5hwKCotBV=
gwudpwAQIGVjzqsAt31hZBGgUP1FhL63SAHD5pohLZOX81L92OYZ6QtTpT_IvmAx1IwpibkrIKu=
e8U4xM8_HccPrg8_KEKjs1niwlZQt8eaPGOdUcuxg6-f5ZulCBjV-2RGj5BLCFGdA5bPFtSCLNY=
3QiwVKKhXFd33A%3D%3D" target=3D"_blank" rel=3D"noopener noreferrer">staking=
</a> via Coinbase.)</li> <li style=3D"margin: 0px; padding: 6px 0px;"><stro=
ng>So what exactly is being merged?</strong> Ethereum=E2=80=99s upcoming up=
grade will combine the current proof-of-work blockchain with a proof-of-sta=
ke blockchain called the <a href=3D"https://links.coinbase.com/u/click?_t=
=3D3aca56371967418192255878e9689713&_m=3D2a0780918de6476d8b34f32019335911&_=
e=3DLscAqNKLYrIgC5HnpvJa_gqrvVR7dugf_0Bn0jMowx00H9ZyoxZkzWQYLNcD_FT9PwouGJP=
YMeHRooQLiMKM8_QROL9R0oRsIZ7yO7EUYhrqTn4_3UtFEvnOu0YEsaX75nWwrcHZuZ-62LuCkq=
aun9CSt7_Z6nXPW2ubSEkvwBXfyOkKbRsC1O66UomXrU6I1ArQbIPKgZySyvvggXJreSNKL__vb=
msu4WaJGlf0wyApB2YJChnMu-WW7p0zOF2GSkw8f-1MKqcmGVmukYyTPMx7Wn1ZGNj8XxTRl2I_=
P70B9HZthe9RcOTn7TTC0OPJwp8bW4Hwp1wHn4OjFum3JeRGUZhHxFw9K6wh8miD_sHbpRIZPev=
TH50ZqbRBWhgBIMavUh5uzQB1RXh4lWfSaVLTz2FlWf_nj-uqSYDxLNNjxOAiieFoAwE2p2Irv-=
OT" target=3D"_blank" rel=3D"noopener noreferrer">Beacon Chain</a>, which h=
as been running since 2020. Right now all you can do on the Beacon Chain is=
 stake your ETH. But hundreds of thousands of validators have already stake=
d more than 10 million ETH =E2=80=94&nbsp;and with the upgrade, the Beacon =
Chain will merge with the existing proof-of-work chain and begin taking ove=
r the work of validating new transactions and issuing new ETH.&nbsp;</li> <=
li style=3D"margin: 0px; padding: 6px 0px;"><strong>Buterin says that the m=
erge should happen in August, at which time Ethereum=E2=80=99s proof-of-wor=
k blockchain is </strong><a href=3D"https://links.coinbase.com/u/click?_t=
=3D3aca56371967418192255878e9689713&_m=3D2a0780918de6476d8b34f32019335911&_=
e=3DLscAqNKLYrIgC5HnpvJa_h43bjLZDsyGassAZNCVJyOKQ01evMlUyoE4-VoXoBU3Av3wufs=
o3N3WsuCrljX9F3H4RQKiQpStPIf7lp2e3dLhBKrkIRdOggIMXdf5VF4Lnvq60T5-Ty6DKvuIB_=
cOwv8QAJY2u1eiCDLl-rI209QKh6Yio3TVXRoASZ9qv1FX2NRCpCzlG-FLAg4ZWtwTdm7x1V2NE=
35Dk_gWakgyopFtzrlGX-Vt6XOjAJfRRuJdEGcrvVtp5f4kCWwV6HF5OMf6592IEObua21ytZfm=
xtrmIn7SpGuLAcmOCMOVyWI117aCNhpvLtKov4FP0JeejddEss25bLJIO7izPsxhzUl9__b13kL=
-gByVfBUSxTAfubOsJpFLxl2LXJak42n3HDkE39sK1O0P8f9yZV3ZbCFG9a2Hii4v0YvhFywT9-=
aWDF5FkkkJyGn8vlCcHb_rwA%3D%3D" target=3D"_blank" rel=3D"noopener noreferre=
r"><strong>scheduled to begin degrading</strong></a> =E2=80=94 a milestone =
known as the =E2=80=9Cdifficulty bomb.=E2=80=9D After this date, the proof-=
of-work blockchain will begin operating more slowly, which is meant to ince=
ntivize existing miners to become validators on the new blockchain. That sa=
id, the merge has been in the works since 2015 and has seen numerous delays=
 over the years. In the event of testing issues, Buterin said the merge cou=
ld be forced to be delayed once more.&nbsp;&nbsp;</li> </ul> <p style=3D"ma=
rgin: 0px; padding: 0px;"></p> <p style=3D"margin: 16px 0px 0px; line-heigh=
t: 1.6; word-break: break-word;"><strong>Why it matters... </strong>Ethereu=
m=E2=80=99s smart-contract compatible blockchain powers everything from DeF=
i to Bored Ape Yacht Club =E2=80=94&nbsp;but the tsunami of resulting traff=
ic has bogged down the network, causing fees to soar and inspiring a host o=
f new competitors. Which is why the merge is one of the most anticipated te=
chnological events in the history of crypto. Post-merge, Ethereum=E2=80=99s=
 developers are gearing up for a series of changes that will even further t=
ransform the second-biggest cryptocurrency by market cap, including splitti=
ng the network across 64 =E2=80=9C<a href=3D"https://links.coinbase.com/u/c=
lick?_t=3D3aca56371967418192255878e9689713&_m=3D2a0780918de6476d8b34f320193=
35911&_e=3DLscAqNKLYrIgC5HnpvJa_oDeyzkcZDwvACn8Eynpt6cVpXW-neij28AP-RKqcL20=
M99WuebiCATr3-8HSGNp7z71Xt-zSabtGe-KF6evjooCxLef9Brxik945C4dGkEpwn9_BLONHNv=
mV7fb7t5OYTmOZauseeYZY-ImfjauACAtcvxWvP_PKCeYR-qfLiMhms5_A2uTdGPTNJuiSKaPXU=
YhcojjLgU1rbpwtBHCFnkFxl9pZcFFBDOVTKVRnVBESIDXIh9eMH8jNrAgrjR4BA6RX6rgrxcyz=
jwDlwwh4ISFRbcscJk_xLFKGlTA-VmD2-Owo9EB3YTFAByfWFm0eRYLyTXCmR61IUtJKeNy_u-D=
MLLZYratJR_WFGCLxgoeu48C35iymZYVJZ33vk6xA-IQJL7rttiMuV6Bj38FLOY%3D" target=
=3D"_blank" rel=3D"noopener noreferrer">shard</a>=E2=80=9D blockchains, whi=
ch should mean vastly increased transaction speeds =E2=80=94&nbsp;and much =
lower fees.</p> <div class=3D"cta_button" style=3D"margin: 24px 0px 0px; pa=
dding: 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"padd=
ing:0;" align=3D"left"> <v:roundrect xmlns:v=3D"urn:schemas-microsoft-com:v=
ml" xmlns:w=3D"urn:schemas-microsoft-com:office:word" href=3D"https://links=
.coinbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3D2a0780918d=
e6476d8b34f32019335911&_e=3DLscAqNKLYrIgC5HnpvJa_qbDxDADKsXgz-Ajt8etP_PjNPY=
80emPtudxKYF1emMIoR90cO10FyXDbuYzZwO2F-72k2UBrpajmb-pfnv8BNMXQsOV-US9aBu7jl=
7JJMbqFLmw-SbalTyFtW7YyuPK0y4Q-Fargh3UDODp5GBBscOXCpdsdl5SVo6ZmF1MqIxWtDLki=
Y_5cSGv9ozaPJyeN8nFhuULTRFe5umkBgkAWDsgh54Ns3YSf8m8c3F-mIcfXq2zcv0eGindL8DA=
ew9cLeIBxjLUPijdFM61Ho9spkKmecogfC-TGk3HBKrHAI_h-i41gjZUW683uZXC8sMTPsJeQhq=
u21G0NFw6zaa2F9R-m7AQmsEhMU-Ey3SkN8OGY-e5yCl4rq-xq6Crcf0qvNAG8p7upK2ueprJ21=
C6zRfVx1b7lniAwTcODBztdkf9epTdF16IOoo1OM6v0nwdjQ%3D%3D" style=3D"width:350p=
t;v-text-anchor:middle;" arcsize=3D"17%" stroke=3D"false" fillcolor=3D"#005=
2ff"> <w:anchorlock/><v:textbox inset=3D"0,0,0,0"><center style=3D"font-fam=
ily: Helvetica Neue, Helvetica, Arial, sans-serif;"><![endif]--><a href=3D"=
https://links.coinbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=
=3D2a0780918de6476d8b34f32019335911&_e=3DLscAqNKLYrIgC5HnpvJa_qbDxDADKsXgz-=
Ajt8etP_PjNPY80emPtudxKYF1emMIoR90cO10FyXDbuYzZwO2F-72k2UBrpajmb-pfnv8BNMXQ=
sOV-US9aBu7jl7JJMbqFLmw-SbalTyFtW7YyuPK0y4Q-Fargh3UDODp5GBBscOXCpdsdl5SVo6Z=
mF1MqIxWtDLkiY_5cSGv9ozaPJyeN6csx4jzwsXp67FmddvDp7oEy8FqM0H7nw45C5YbYeQ-r9Q=
HyB7m-VU755NjUCjzHXtHN3Uy1y0RlPLPQ1TaNTtMqqP_vCt85vkbxV06PCSaHM_s3r8PfZSvsJ=
21CbEELhSTKLOTaWMwNORR47l2a0Xuc5I4RTz3aMwfv-S1GBHwJGEW2NZH6JyOWHS7R0hqKb085=
640YM19FemTj0FG4ZDMdx9olSKm9QkbtOqn1jeQcXNoB6YNFxrFjErCEKpjkw%3D%3D" target=
=3D"_blank" rel=3D"noopener noreferrer" style=3D"display: block; margin: 0p=
x; line-height: 1.2; font-size: 16px; text-decoration: none; color: rgb(255=
, 255, 255); background-color: rgb(0, 82, 255); border-radius: 30px; text-a=
lign: center; padding: 18px 0px;"><strong>Read up on ETH</strong></a><!--[i=
f mso]></center></v:textbox></v:roundrect></td></tr></table><![endif]--></d=
iv> <table width=3D"100%" role=3D"presentation" valign=3D"top" style=3D"tab=
le-layout: fixed; vertical-align: top; border-spacing: 0px; border-collapse=
: collapse; min-width: 100%; text-size-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: 48p=
x 0px;"><table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" width=3D"10=
0%" align=3D"center" role=3D"presentation" valign=3D"top" style=3D"table-la=
yout: fixed; vertical-align: top; border-spacing: 0px; border-collapse: col=
lapse; 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: br=
eak-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.c=
loudfront.net/public/users/Integrators/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"mar=
gin: 0px; padding: 0px; vertical-align: middle;"><p style=3D"margin: 0px; f=
ont-size: 16px; letter-spacing: 0.075em;"><strong> MINER THREAT </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>China officially=
 banned crypto last summer, but it didn=E2=80=99t stay banned for long</str=
ong></p> </div> <p style=3D"margin: 16px 0px 0px; line-height: 1.6; word-br=
eak: break-word;">Last summer, China ramped up enforcement of strict laws p=
rohibiting crypto, including the country=E2=80=99s vast crypto mining indus=
try. In just a few weeks, the Bitcoin network=E2=80=99s total mining power =
was <a href=3D"https://links.coinbase.com/u/click?_t=3D3aca5637196741819225=
5878e9689713&_m=3D2a0780918de6476d8b34f32019335911&_e=3DLscAqNKLYrIgC5HnpvJ=
a_kAV4oOVXcdhUf5JW5WvU3jZWZJXSXRGAWnzqg72YYneQ6W578XRBHv7H0_3KoDKObwF6RiS63=
YTLkG5Qsj82vjnmwFyh19Y1f0tCuq1VVNciqj0aygnp5MF2MIL8RPFHQ8et0f-jtTfnjNVaOWcL=
epJFXhgfNXSf0UVavizJLL6-GG14qoaM248RcfZZT_K9B9iy29VXrBFg_-NzS83Xnk4i3LKr8pR=
iGclxroZq-NSHKZ0oh8OBBKRCqZydS-CI4uV6MEYcnXJlMJsBF2IR6iTzZ0zKIlVK7A9zB3rjeR=
ivEunasV61DhRf1pwZqVwps2VgKt8CwUgOmjBe8jEITTXQiNiX0NV0hVWZkfBxuj40wLTxiYqKF=
xWo5mNEqQfpg%3D%3D" target=3D"_blank" rel=3D"noopener noreferrer">cut in ha=
lf</a> as thousands of Chinese miners unplugged. But less than a year later=
, Bitcoin=E2=80=99s mining power is hitting new all-time highs =E2=80=94 an=
d, surprisingly, data from the <a href=3D"https://links.coinbase.com/u/clic=
k?_t=3D3aca56371967418192255878e9689713&_m=3D2a0780918de6476d8b34f320193359=
11&_e=3DLscAqNKLYrIgC5HnpvJa_oMpA2BDokO5zGDXAY1KeL2O9lqBziJr8LpHiQUwNTm_IAv=
Vzd76PlShOTvQDYUKFNtB5F490d_0HLjkfclZ-tmhnRxvBKGeaONwGkQrxPxbcUJdFAesKE67Rt=
hixcpvMbpQ7qt2Mx6dWLEwRTNc8mVdDHagZCG2AUvaPxRBu-ihPEPZgV_cjvsvLDCMUiNxdxnqD=
ZpOQcrqP0f53ouV9CRK-F2X1T5FMMenBqVDTRwJNt9jsXS_mpt6D5ShAEXKfR5_SwUo-hJVUwzL=
GHUCtzMFCRx1_AYjUm9KDMOjBzeeJ4vmXTiU7Gn4sanmwF1jQGVtTvPTvnhe7DPrH49U67dOPI_=
JR432FqIQYmS0Za36cbC_m7Gys46ymCfJFuI7WZhROq6uvGymeJTIs6Dwk3RVQcJSG_M69rdJcn=
HCq91Jc9Vwm7rvHK9EpzTzvChaQDE_XgwUCkZf_MR7-2WR5JY%3D" target=3D"_blank" rel=
=3D"noopener noreferrer">University of Cambridge</a> suggests that the worl=
d=E2=80=99s second-largest economy is once again <a href=3D"https://links.c=
oinbase.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D2a0780918de6=
476d8b34f32019335911&_e=3DLscAqNKLYrIgC5HnpvJa_nJpFwe8i3Sokv9tcuNatOBg_7VLp=
kS3i3nEH0q_bh6JcX2dkyDsxgLOGbq2VV5qzVVLHnU8ITFbCTHuBPonwMJpGwYTQrXBh-A5n1Kw=
Zl722_wvMqhD5rLXfPYo1Y78eFinXYe0um0kXTVGWrwgiU05Wra2X7b5C9efGCyXqW22Mhi9iss=
szpsQPosm-7IXnZ_LvDOxaxNY5qUG8eDPdDD6eBf3l8f4tn6JnUVthXF3E560Qoc5qr5mnAhYD0=
xC_miglqfVY5z8HzNAhdgzzX81qeZhL0U8q263_MoV_rw0NQxl0fpcPOu25LFSMg3fXcekNikO0=
kKHP2wRW3KYSpv8QurpmBeI_4dlV6SCyb7VUdG3Z5mID0YlDN_KczN6HbD2sDyszZ_lYDsokdBd=
cB1t0Jsd3i33i-0f3tEZjIuu" target=3D"_blank" rel=3D"noopener noreferrer">a t=
op crypto mining hub</a>. How did this happen? It turns out that circumvent=
ing the mining ban is just one of the ways Chinese citizens are using crypt=
o technology and NFTs to resist censorship. Let's dig in.</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>After China=E2=80=99s crackdown, the U.S. has become the number on=
e hub for mining, </strong>hosting nearly<a href=3D"https://links.coinbase.=
com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D2a0780918de6476d8b34=
f32019335911&_e=3DLscAqNKLYrIgC5HnpvJa_gziqyvjEyIKoS-Kh-3gz7mg04qgnFi6XmV9N=
K4R3YVokO5yDSAt8Jd_mIIHhFEji4wC2xpWhi_A0vKFqUbdxWl29_7fIDWeEkxmEJVRqbMCOs8M=
qO8VYSoJb6Hr7uMmQStMuzAxhB_6VLpW_CFXgVrM3_zM6tfwYWWx-D0QdSVZHsl2tPDtjigOe9g=
1fGsz8D951sokXpmHoqLRQUTabPe3fsRK0RGChSS5rcBEpN81L43TkYO_pQPns1rpEOckUTEbhP=
H9S4XTBMLUcf0StfT_BlS2g5wmA2WXBYGgo-SlbUiEb3XciGvsHW5ua6uUGkhbsqnj6Wmg30Wp6=
drck6C6Q6ExMVYYSrxvkrf4HYRmqFOqDBOyTU3E3rASVRGcdg%3D%3D" target=3D"_blank" =
rel=3D"noopener noreferrer"> 40% of global miners.</a> But <i>despite</i> t=
he ban, mining in China has persisted and potentially even rebounded =E2=80=
=94 and still likely accounts for nearly 20% of global mining activity. Bec=
ause of the permissionless nature of the global Bitcoin network, guerilla m=
iners seem to have found ways to avoid detection =E2=80=94&nbsp;including u=
sing <a href=3D"https://links.coinbase.com/u/click?_t=3D3aca563719674181922=
55878e9689713&_m=3D2a0780918de6476d8b34f32019335911&_e=3DLscAqNKLYrIgC5Hnpv=
Ja_uaENGskc1I3rgOVpbFoMpryehr6kYZoN5irlLPvKS6vdJAKQED0G8fWP3_Z6OI0uWRiyWKOe=
KeaQuhV2usSm86RTOQyx5pFjHZBb5apzbve9yauPcpm90tLsV5iKvA6e9bigO2s5XWaeyIuWe1b=
KFHCaVgcBOIsRmv93vqlPOvabY9hamlFobOov0et2BvhVehcIjbJo2JIRIBetuFpE15dnxA5h5B=
6Au4GbLIYh3xTJzkgbZc_rTn1mA16LgPwknQ747x2P1c2IPzTP3w0vKSCcx5eCFVwmreGXuKCEs=
go1JFjPZ_FaSNwRyOP2vzkaxZlxvKYRy_0FxpOkLvZHc3GghB5UK7yXiA8WfcC0ESJOyCNGvO2R=
g1xjfiH6OvIJU0LBJTtyIcftK3NtJ7OvKSnFlZZKhY2ssf9_rH4XEgd" target=3D"_blank" =
rel=3D"noopener noreferrer">off-grid electricity sources</a> like hydropowe=
r produced by small dams that aren=E2=80=99t connected to the main grid.</l=
i> <li style=3D"margin: 0px; padding: 6px 0px;"><strong>The Wall Street Jou=
rnal recently </strong><a href=3D"https://links.coinbase.com/u/click?_t=3D3=
aca56371967418192255878e9689713&_m=3D2a0780918de6476d8b34f32019335911&_e=3D=
LscAqNKLYrIgC5HnpvJa_qRWDkBlZI4EIUeBho68_GP1UVraiz85b1wZYEjx84rMNNryHEC9e0g=
JIbIHNl5NjwPDBu0psbTSyBM_rzVu0u4vgjMvElCPPLCoUGQwyuuwIpI2Wy20p2eaK9kGrwAfvf=
W4nYmycQR4oWSKmKvJ1ZduB7rEMtzF665__BAZ1phb_8y_-C8TneelR4_IlLyeCW0VMWopoT3h_=
l4EiaViqdXKAmmc7fCnls0JnjUJgrGZAIB6Er01Ul-jj8oCHDxr3Yx3-qTjOMp6qdIP_7qQdEN9=
UAOmFCa2mNVEvo8dtwL2YYshjTW6V8j69CAwj2_ndZceleDUv8Il6kWpTEOxv3lbfEVjJ_f3uWC=
3lSv8cJIGJuPvhN81-nejxyoVXy_xP1OHd9uOLU9emH1iJKHIhI9AA-ID7TWA8eeM24QICeZFyu=
LagHfKBhBpu9zhVG0kDDfb5fO6IVgIoww3Gl8KTxOHrshSlpvthhWB_VBYvLzu" target=3D"_=
blank" rel=3D"noopener noreferrer"><strong>reported</strong></a><strong> th=
at Chinese citizens are using NFTs to circumvent censorship</strong> by pre=
serving sensitive info =E2=80=94 including =E2=80=9CVoices of April,=E2=80=
=9D a vast trove of social posts, videos, and more documenting people=E2=80=
=99s experiences enduring punishing COVID lockdowns in Shanghai. NFTs can c=
onfer ownership of data, but they don=E2=80=99t actually store the data the=
mselves =E2=80=94 so activists are turning to decentralized web protocols l=
ike <a href=3D"https://links.coinbase.com/a/click?_t=3D3aca5637196741819225=
5878e9689713&_m=3D2a0780918de6476d8b34f32019335911&_e=3DLscAqNKLYrIgC5HnpvJ=
a_qbDxDADKsXgz-Ajt8etP_PjNPY80emPtudxKYF1emMI038KFA9pMLQ2QJMMehKJfVbKJrUaYV=
bNKO1u3TY6mYLqh5KUwsAJ9dxuNpKWrgg_NXOsu-lqfZ0OcV8nwqW-Cw8vYI1Ic_HLWCunZUd40=
IA29m6ODVvjHwvF4KNo_AG3zQnsIFgY9PKllBQEXnIRQspfN5hrwAaNs3mnUBTEv5VCs2gFlLCO=
rad-heYwgf5lAzCARFlQ_UDVCj6j4Koxm5yy5S41NTf77NVChfVcvom7XuXw5T1pTYFnfuOcjZR=
Uebpb9oiyebe8C4OSeLeM75kr-WtR0U7YjNwbmQRHfPgMCIQVKCjxqN0H6zcV8Iv4PnEi4cwjXx=
qZhPcNa_CFoeAmLCv1EiFxPahj3996qVVV6MX_2PffAzkez-BPeQGH9Opzi-6DH-6Ghx7T-A_IT=
Q%3D%3D" target=3D"_blank" rel=3D"noopener noreferrer">Filecoin</a>=E2=80=
=99s InterPlanetary File System (IPFS), which scatters many copies of a fil=
e across a decentralized global server network. If a censor takes down one =
copy, many others remain available. IPFS can also be used to circumvent Chi=
na=E2=80=99s =E2=80=9CGreat Firewall,=E2=80=9D helping residents <a href=3D=
"https://links.coinbase.com/u/click?_t=3D3aca56371967418192255878e9689713&_=
m=3D2a0780918de6476d8b34f32019335911&_e=3DLscAqNKLYrIgC5HnpvJa_l8AGXQRSFenA=
MuBPyKGzCekbRonsOh1MA7QKhufNr-QZRvPimDjIoAgFV7U4PnUWAzIAQvnAsvUMhCJ-BtzMj3l=
-ohmpjcp3-HP4PgFImSVSCy81kSEtAQXJxi4M8Zne-Z45rQDuLd0mBNe4IV9g4P8zzBecoH8zx2=
cFTuIlJRnXOzpVBrx55cmW1Fz3OyzvjlY5btnwr1yrBW_8iPQhtyby1806mUh3P52wRzTrryy5Y=
aQbbuthIaXj8gO5H4FE37Nu6-zofqZc1uC7YNlOaQp25JkYzzftHSON5n986SAh8786em8RPlpM=
OcFGHcHvYoIzgEs9B9RS4sF5eulyMKdCXl7_ipsYb0MZoadSCnUm06UeiugvFFyI5YWAIf_S76i=
adUMa6_OmCYQN5pCNTSjd7xwQpt28tV1XSH2u0F3bELxwe_0JJD9uwk0Ub4tjemwhUVLs3kv_s8=
WJdqPIq1wfl99-4QFymmpsLtPYinf" target=3D"_blank" rel=3D"noopener noreferrer=
">gain access</a> to millions of books, scientific articles, and banned wor=
ks. (Even if you live in a less restrictive country, it can be a good idea =
to <a href=3D"https://links.coinbase.com/u/click?_t=3D3aca56371967418192255=
878e9689713&_m=3D2a0780918de6476d8b34f32019335911&_e=3DLscAqNKLYrIgC5HnpvJa=
_qBSsbBlemS9PAznix0OxwkJoJtVDyK_-nnxDATKaaFd9SEambPvikHUJ3RZaoQqqMk_-jYy250=
orC7gYkQCY1gRZBmxs9abP_pkyLWfGpGXXTmtL8txZ8IXwIOgTjvTBdTGRV1soJVDzhjHu6rQso=
gNca8gy0NQ5pgeeOW6L693lWAXWgLzfoc5VYuqznXAkOYvMzDQb9DRU_aUgfeEy9zXFx12RXDLa=
HY13eNhhTbNNkuMRDR4BsNgmT0UWLUdi2jcRdPPgNGjuL18eDx_ALNNKlL725mzbwQp4elFFul7=
IZELjRccm02ypoKkw0G5IYIW-ll3EYappcC6D3k1bHAXlW2FdTviDCVUe8yqJ8t-KHb6wSmqkbm=
6o83mPKSZnyGTZZWZz6cQ_KfB-pajR00%3D" target=3D"_blank" rel=3D"noopener nore=
ferrer">store a copy of your NFT data</a> using IPFS.)</li> <li style=3D"ma=
rgin: 0px; padding: 6px 0px;"><strong>Cloudflare, a company that operates s=
ome of the </strong><a href=3D"https://links.coinbase.com/u/click?_t=3D3aca=
56371967418192255878e9689713&_m=3D2a0780918de6476d8b34f32019335911&_e=3DLsc=
AqNKLYrIgC5HnpvJa_imZx4k-XN6YrAYg88pQWfXEK6C-2R31HmbzG15OTyDdNP5XPMFf4TmZJc=
Pq31_9LRUvyU6AKzQrLfzNyuBtC4Zni8eWUHXUv0hOw38Cs6xjhbXbg4wBxye9pXEq29bcIfG8L=
tuv1yceCtzqqRQxAU_RB8bIL6nHRe5U9A4Tv2F4c-jrby5U2zm_mL0epQQYcGIvOUTqmUeo4mdQ=
9ChiJXQkEwc4W2MYeKLS4bWPicXYhqSETkn3rGGjq4yWXJn5CNFfVhnLLcSSSTz-NVU7VLWcBGG=
up2bs8S1HJDzGvCG6sh-SHKFjU4Rhq8VEbR6IKBwmcdBiNjP9ue-FL9Tr-5SjVwcIiXumdajtzc=
tqFXf8cMJuoCsgk7E_EOv6wpa23JAtDBzBcvbZPWp0pnoOMAQcLucSYLV1xwp6mL5BoUMWkJXKG=
dSldDLIvQvGbd_uPw%3D%3D" target=3D"_blank" rel=3D"noopener noreferrer"><str=
ong>world=E2=80=99s most important Internet infrastructure</strong></a><str=
ong>, just announced new tools to make it possible for users to </strong><a=
 href=3D"https://links.coinbase.com/u/click?_t=3D3aca56371967418192255878e9=
689713&_m=3D2a0780918de6476d8b34f32019335911&_e=3DLscAqNKLYrIgC5HnpvJa_keiL=
CL0wndcmj26SaS0DfqVfft-bDCGCZEc0j6rvb3PtqxZHIgZMlk263fGmcmYCObSOeYsSdVz1tM_=
_C8CPznG6UtLVUkQ4CCcUQ9fhXDjILVUautikwlSbg33UVb9XUmWV5CLzZf0Vbo26uyRJS9hdnx=
GaBWmCol-e8QSy-ITWFSWZHQDoOhdcXBSTgt9OxYyzu7dPrq-fP54b4kQxSHbMAiW-VzvwJl8iW=
8LksBA1WAMBdYNAwtpZu33kLIjlSDkYa2wgxHnPPBM562PgLFKsx3UbZOhh50cIGPk9aQlKxXFh=
2NJfSDBfFX6bWLmkOSKS-z6T9piQdWlz5gcgyUwgZIfk10BdjbOqlKxWv97oWFG5mRff6SNiRwQ=
SJvj0lg2y50nr2c7oCT307ee-Vs%3D" target=3D"_blank" rel=3D"noopener noreferre=
r"><strong>host and serve content on IPFS.</strong></a> IPFS developers als=
o announced a partnership with defense-contracting giant Lockheed Martin to=
 host nodes for the decentralized web on satellites orbiting the earth =E2=
=80=94 <a href=3D"https://links.coinbase.com/u/click?_t=3D3aca5637196741819=
2255878e9689713&_m=3D2a0780918de6476d8b34f32019335911&_e=3DLscAqNKLYrIgC5Hn=
pvJa_lvgO65JJgTqxQnYUtFnPXsdIfJkJ02_vTK4liHSowQtkfcsx4e3YWexHiSfZkQQw8AHyDI=
tuBhldcZoaRJqYUzRQlZqTSklwWn7v2osEGR3_8BNM60WdqwGyojaPuZvx3l2kbJgtcBa3_xn-H=
vB3rpZGk70cylK8cyMh21WskoZR9HlghoU2LIo7rXEsGhjEX1iYYmOOvNpS2pZ9_8z_TGl-HW4J=
ycmnTJ9Br4m2fIHzttSqSsp4WWKr_K-uy3g9sQ5GHkNQte38AfX2iWVQmY4pBtz_HWmKq1pJtuu=
wZBTDwoQcMYDaCTHYP2nVckXhxZCSyyL_O0zJikY0nNZERc2332uLapl1SMV9YnOM5q63wMY46l=
FUM0Mr2N_yJHwtkLIvAymdFTdB71Vvb-Jv-gt81VyeQefqi4Pg4kVgf7H" target=3D"_blank=
" rel=3D"noopener noreferrer">allowing</a> rapid space-to-space data transf=
ers, without the need to beam the signal to an earthbound server. Around <a=
 href=3D"https://links.coinbase.com/u/click?_t=3D3aca56371967418192255878e9=
689713&_m=3D2a0780918de6476d8b34f32019335911&_e=3DLscAqNKLYrIgC5HnpvJa_q2aY=
16CbBF6o7C16_aBRIgbTaRcqGVmTlUXYlAvnYdTleGCNjhhGY9bPzeNYsvDTzR4oW8sxy3MCeJW=
GgkdESGbiUGlZuJI8lF3_HQRyEy6oVuGsodbW52dVmf3fvHdsBMGCduFbmnW06sCmwD4I1wWlcr=
u3zlotvXmgb1ymVxlOV2zTW48BzLZOstT3Gdkf4_QcVRZhQkdT7K92D3E1KEPotMbDN3V2rWrlt=
Qo4E4QB759a6ysfvFWq1x0oMtkFoFq6UZtHbS_PHcXSj8wcaO3r7vZQXn6l4W_6ONF3ToDhC6p2=
awWbx7DjkTks8Y7VqHLQFHOUWGj-Ne9Zsh6h_bThH2fRu_3q8ZheEZ2_e18dLYcFXI1pGhI90gm=
JS8ocklOgAlKl-T3CzPdLUVGcTUu1f09_HH5n-cPlXYl78jNn1UN0Md10_iIZWnpjB2tjw%3D%3=
D" target=3D"_blank" rel=3D"noopener noreferrer">2.5 billion gigabytes</a> =
of highly censorship-resistant data is already hosted on decentralized IPFS=
 servers. That=E2=80=99s the equivalent of <i>tens of thousands </i>of copi=
es of Wikipedia.</li> <li style=3D"margin: 0px; padding: 6px 0px;"><strong>=
What motivated China=E2=80=99s crypto network ban? </strong>As an open-sour=
ce and decentralized monetary system, Bitcoin is generally seen as a threat=
 to China=E2=80=99s control over many aspects of citizens=E2=80=99 lives =
=E2=80=94 and more specifically because it provides a censorship-resistant =
alternative to China=E2=80=99s new central-bank-issued digital currency, th=
e digital yuan. The digital yuan has <a href=3D"https://links.coinbase.com/=
u/click?_t=3D3aca56371967418192255878e9689713&_m=3D2a0780918de6476d8b34f320=
19335911&_e=3DLscAqNKLYrIgC5HnpvJa_iCAiYnX6lyqIzWFwrDt6-Skk24habiQLgoto2wBS=
kkzyu9V2tQZcsd41K7paPqwRkU0j_HRp9Pppg7i-40897bZ_FgTveHArDlGBdAHmvQ9sK3jNZpP=
uBYPGFIP49lJ3973b32B-VVenMnt_EJ3zq-sA9MZJwBKNhhAn8-h_RfdHzKgi4UKwuvNwe686TW=
CNF05Pq5CSXFe-tGof-N53Yao5GPLRsrC-lAvhUTNr6_riqUoTl_yQKH697cLjc2htozBkx7pI_=
p3gn5BMrdmK_nqMZVqH57TmbHp6iB546nZVEJaS1_J31rIKb2RDrYhS63vL8kx6OrreBINdHqhl=
A1Knxi9jCBKsWzZvtppBnYTEDmn4vFo7Zq1eT7huwj4vBiRCrQUO5iZEUCnlD9kR51N2BSown2d=
FkICS-rNNthk3JM1_5m4fG1RPAUrPvcFTtpyfwx7F5ulSmIyc2SiKak%3D" target=3D"_blan=
k" rel=3D"noopener noreferrer">hundreds of millions of users</a> and has al=
ready been used for billions of dollars worth of transactions&nbsp;=E2=80=
=94&nbsp;and unlike Bitcoin it gives Chinese authorities complete visibilit=
y into users=E2=80=99 finances.</li> </ul> <p style=3D"margin: 0px; padding=
: 0px;"></p> <p style=3D"margin: 16px 0px 0px; line-height: 1.6; word-break=
: break-word;"><strong>Why it matters=E2=80=A6 </strong>According to one ma=
jor ranking of <a href=3D"https://links.coinbase.com/u/click?_t=3D3aca56371=
967418192255878e9689713&_m=3D2a0780918de6476d8b34f32019335911&_e=3DLscAqNKL=
YrIgC5HnpvJa_gS0fENWv6QWzWY_uyF7Li0CGXC73g81CfYSCs1lteCcZrev1lOMMyyvbs2avO8=
mbGVSZSTFlBzn8RYdpiWdsmpRi_WLwIwjP1p3A41x-W4Lk1jhOc4noAm7xmSKGxPq_9Oq9s0Jn4=
VyO7IGscXxvV4YR9hDJP-_nysv12ROz4aSpJW_6HC_1IS0JpUABiy8c4ouQlp7U04GtuY7_qRyd=
PCm9EJr19nDOhLPoeOXgkn8xOfD3xspIdtvKUw3H4jGRqvI273aT2H-_pab5UQkKzM5T13fcy22=
MVTnrawqF3_xVgxoReXGdrBxEdAT3LqAgLtOpZrc4pO6xMHpu4Cs83IeP7-QSP1XWJDw_opwzJU=
xFtebQo12BW7pHVkWcT42m6_pADpxa9iKgqCQodad0hk5UDLPvvaZack4iOlCXSpvGVl_eMKX_A=
I0jv5VvhyBH4ALe2gkHkagYfXooP6oIDyf__KrSqsu4hYbAtEwGGS-v0Ag7jy41dtTP76PRrWZw=
w%3D%3D" target=3D"_blank" rel=3D"noopener noreferrer">economic freedom</a>=
, China is all the way down at 158 of 177 measured countries =E2=80=94&nbsp=
;so it=E2=80=99s not exactly surprising that Chinese officials are opposed =
to decentralized, censorship-resistant, and borderless crypto networks. But=
 unlike all the centralized =E2=80=9CWeb2=E2=80=9D giants =E2=80=94 from Yo=
uTube to Wikipedia =E2=80=94 that are <a href=3D"https://links.coinbase.com=
/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D2a0780918de6476d8b34f32=
019335911&_e=3DLscAqNKLYrIgC5HnpvJa_ijvWQBMrQVPOuYYN7DJ2iXmFdXZ5a_Dj6sAoEcL=
sW-RCXBV9K_3Gxvb0zN8J0xb7Z77uFQG7mRlQt-_QZfnLnh7AKTBkup-zwNwoikdWo6CBTiKO3a=
kdJmFZqrHhScQkdhBOfnXaU2Lu_GxgdzVUZHxcwi8UZ75M7klvss3OT8Ja5_kbO2rr6AOST76gm=
xIlx80P_PQSQBhCc0heSaXUYgQ1g_6eonujnuBPqswmnNFE2dku3Cue2Ea8rZdNKO1g2heYg2Ql=
pymOHmBshBRzyv9-L9IqYzXid7sgJq5VaSt3-Q2B-PHf8aYO-v1E7rKwB64lFtAD0WoaqBezhwJ=
laa_3gVsoOcV8TpNn-vmmbzb7gqlFQ1szS02Y3X6ZhaPKLeEbJozclxMnTNrA8jsl3PS2TwePvy=
d4VC4q2wy6Txn-JIs1auidpigbtpKhsEivskPHsuK1qvOAkhH1qShhsY%3D" target=3D"_bla=
nk" rel=3D"noopener noreferrer">successfully blocked</a> by China=E2=80=99s=
 Great Firewall, crypto and the decentralized web (also known as =E2=80=9CW=
eb3=E2=80=9D) are <i>much</i> harder to restrict.</p> <div class=3D"cta_but=
ton" 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" sty=
le=3D"border-spacing:0;border-collapse:collapse;mso-table-lspace:0pt;mso-ta=
ble-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=3D3aca563719=
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rIgC5HnpvJa_qbDxDADKsXgz-Ajt8etP_PjNPY80emPtudxKYF1emMIza2U9skNuKxfHg3ory50=
xTXi1djk83JSd4_o9sTYepEZKndymTOPCRvMvt8Z3DGqpP4mzxogBowT5H5m5-7IhI8R7ggdtMD=
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if;"><![endif]--><a href=3D"https://links.coinbase.com/a/click?_t=3D3aca563=
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KLYrIgC5HnpvJa_qbDxDADKsXgz-Ajt8etP_PjNPY80emPtudxKYF1emMIza2U9skNuKxfHg3or=
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PagEc6vyRPEweHDye6UHz3kBYF8vGXNN7TxJosb_KlGTgJaifs_IvVfY5EaqrlQt_5MV0STvIfM=
ehYsStUVrzpyyFzcQW2XOyIZzl8VHPi3gzRr8Hf0v7SaGeYeaS2yh6105Z9pzTiwwkhX6pCptN3=
OUu5cZoEPEMlGUL4tNvUFCBZ_8bNB7I0J7jUHLpLgxZL7n6lbuSrkLX9WMonSPPPm0W2Uh7uTFN=
p9tBw8GuId8McLF9C7OPGDmFa6eqCEVNB_P9zs4fLI2AEo0IG-lI_3oajXQSLWasTEnhSKIIQWe=
3nQ%3D%3D" target=3D"_blank" rel=3D"noopener noreferrer" style=3D"display: =
block; margin: 0px; line-height: 1.2; font-size: 16px; text-decoration: non=
e; color: rgb(255, 255, 255); background-color: rgb(0, 82, 255); border-rad=
ius: 30px; text-align: center; padding: 18px 0px;"><strong>Learn about mini=
ng</strong></a><!--[if mso]></center></v:textbox></v:roundrect></td></tr></=
table><![endif]--></div> <a href=3D"https://links.coinbase.com/a/click?_t=
=3D3aca56371967418192255878e9689713&_m=3D2a0780918de6476d8b34f32019335911&_=
e=3DLscAqNKLYrIgC5HnpvJa_qbDxDADKsXgz-Ajt8etP_N26dW-MeJ739cgdOVruyL5egNyX3Q=
LRwi4QT0rjeev-PT-KtOzJHsod9CcnXE1m2VOp80alHotZnzCuh8QkA1kr-zC6dLRmKrsghnTfE=
S9D2yeJzNDMOsMIQK0HbW8f1WwfXHTZsbg9dosR_XJxZuang56zHPhhfnBwniq_zPN326blkAuE=
KmA4n4XXt4sXyHI_h0eI2lQQFeAVRoMIE52xR5-GF0EXxHnzMNzUn9erPhsAvcyADx0BssYRTrr=
IoeHuuKk9gtyNx1ydu3Qake50HgDoMsG_9lbKvoLBcrEIsUrOuNUvgZHHPAx4WDVgS3_bOAThib=
qM5zkW1mXARxGkNdThaipkANP5mlBZUOwXg%3D%3D" target=3D"_blank" rel=3D"noopene=
r noreferrer"><!--[if !mso]><!-- --><div class=3D"desktop_hide" style=3D"di=
splay: none; max-height: 0px; overflow: hidden;"><img src=3D"https://images=
.ctfassets.net/q5ulk4bp65r7/28RPj3RUwCb6Cpby298aZI/c9e876c8644086f83cfcadb4=
684cb11c/new_promo-mobile-earn.png" width=3D"100%" style=3D"display: block;=
 width: 100%; margin: 64px 0px;"></div><!--<![endif]--> <div class=3D"mobil=
e_hide"><img src=3D"https://images.ctfassets.net/q5ulk4bp65r7/6I0yCrePeiDJS=
GjYQ71pdp/ea86db5907bfdb3766afc7122b5417de/new_promo-desktop-earn.png" widt=
h=3D"100%" style=3D"display: block; width: 100%; margin: 64px 0px;"></div> =
</a> <div style=3D"margin-bottom: 16px;"> <table style=3D"margin: 0px; padd=
ing: 0px;"> <tbody> <tr> <td style=3D"margin: 0px; padding-right: 11px; ver=
tical-align: middle;"><img src=3D"https://d15k2d11r6t6rl.cloudfront.net/pub=
lic/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca563719674181=
92255878e9689713/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-align: middle;"><p style=3D"margin: 0px; font-size: 16px; l=
etter-spacing: 0.075em;"><strong> NUMBERS TO KNOW </strong></p></td> </tr> =
</tbody> </table> </div> <p style=3D"margin: 16px 0px 0px; font-size: 32px;=
"><strong>$10 million</strong></p> <p style=3D"margin: 4px 0px 0px; line-he=
ight: 1.6; word-break: break-word;">Amount that crypto bridge Wormhole sent=
 as a bug bounty to the =E2=80=9Cwhite hat=E2=80=9D hacker who reported a f=
law in the platform=E2=80=99s bridge contract, which is responsible for com=
plex cross-chain transactions, like going from Solana to Ethereum. In Janua=
ry, Wormhole suffered a historic, <a href=3D"https://links.coinbase.com/a/c=
lick?_t=3D3aca56371967418192255878e9689713&_m=3D2a0780918de6476d8b34f320193=
35911&_e=3DLscAqNKLYrIgC5HnpvJa_qbDxDADKsXgz-Ajt8etP_P7N40ygA_19jzRXsgiqMkd=
U8UiabDfDP5HVl3jc01bXlasstqSAffHs091MuRlZEozXiqeX4KSmtzkrsF-L5-SvzdVUY8ceN5=
9xe1yJjDfekE7kpwIanbdYiA_6ZRm1LppZHXVGPaz8JoJ717Cl3VFf73lEWrPIJCZFY4IutZfOq=
mEYPs4xWZJsgT51_ZNeH9oVTTWap3RDolcVMULk6OrBhZ-P_ZN1ZCw9U8MA840uovx0OApXry5I=
JQWZdRhmD3CE9HsiYbOPYP4RTQPBYIYyebwNYCt1ZPqHCGH5sXF_woc-LYouVTWrIxzr0vRRe_W=
T4QcZKrRoS2dXnCSir5FaiAaGgqGUfm2GXCakK06WBko1WDO38J-XDkht2Bdlu61K8EtDPX_Tmc=
5tgAkZmGiMFe5Ci4W8i-N2VxzsKj8EA%3D%3D" target=3D"_blank" rel=3D"noopener no=
referrer">$323 million hack</a> due to a separate software bug.</p> <p styl=
e=3D"margin: 16px 0px 0px; font-size: 32px;"><strong>#8398</strong></p> <p =
style=3D"margin: 4px 0px 0px; line-height: 1.6; word-break: break-word;"><a=
 href=3D"https://links.coinbase.com/u/click?_t=3D3aca56371967418192255878e9=
689713&_m=3D2a0780918de6476d8b34f32019335911&_e=3DLscAqNKLYrIgC5HnpvJa_tAkU=
ZS9rvkW9HyovuLqrYYFxffCzhR3krx2TZ_RsRHgh9u7vZXHoDMucWcTZxPixaSn5f3g02k-VSQh=
5QqlBgZUqbwT6Op05yAz4ufvfmtibonGotVNy0JQhDj29MAz_UAwhJ2LWNsQBHC-QZxdUDLHise=
ShXl-mlKWc3Qvh5YWj1zIWRGUmcMM4MB66dhgRuKcsr1HKh94btYePkg7KmqVNj9pkkaWBG3-e5=
zgDD2TWRAeow0RWOym9NCEAWVzPI6_RJep7kJiksTIlW_9O3eWX-qbq692E_BqZg7_zvnGcuC-M=
5FjBOBg6t5DSHNeGIbXyyiPXTLGnY1HnggLu0DxKU9h-91qzY8kgF_Mhd8e_FdqcqJNf0IbDmmw=
GYYCZZqdMdLWN7yumvuXv0RMy35pZ6Z90Ho07hPciwOIAbLuqvZ2EoTpRAsp8DizqMbitw%3D%3=
D" target=3D"_blank" rel=3D"noopener noreferrer">Number</a> of the Bored Ap=
e that actor Seth Green bought last year and <a href=3D"https://links.coinb=
ase.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D2a0780918de6476d=
8b34f32019335911&_e=3DLscAqNKLYrIgC5HnpvJa_svEVbC7SxXwcsgBHwwFAikzZE8xCIWxR=
K7aLiudU0gvlwWcjYFBxmILGH1kiibc0OG8disneElrTC2Crg3GJ1v5MqX6OVKYQ1Kv5bW8LIVo=
KILOjHZP_v8o1pFoWKZZ0sGRhgWxs5WJ8n2ICEP9sGGjStQEzxEDD_XkI-jCqwCxJvIw5G4SVSB=
ao6gJ2iNLGysRkrlUdzyeHmjbruWzZcVGvlIt8dYz7gkcmrLjlxUWMXLUTlg2pzx4CZrtIfzXjN=
Xtw9GUbxHjaXq4c11B34KzRoF-vmpiY5xrxwPTpg6YD50DzEdICLIN38b3IiegkqyrJg4YKp7kN=
saQFqvOzt1dHRQ55JA5OcwS_0jNxGvMIINzBq7ymJOOajbbeHkt0ifZBs08lCe0NiMLwNIbuF7e=
iZks9WPuJ2__EXDIWPt9NempkoR67_wBo8bTZl5rCg%3D%3D" target=3D"_blank" rel=3D"=
noopener noreferrer">intended to use</a> in a partially animated show calle=
d <i>White Horse Tavern</i>. An unexpected plot twist? Green=E2=80=99s ape =
(named <a href=3D"https://links.coinbase.com/u/click?_t=3D3aca5637196741819=
2255878e9689713&_m=3D2a0780918de6476d8b34f32019335911&_e=3DLscAqNKLYrIgC5Hn=
pvJa_oSwRlnTXhZ-bi8Xlo-pSxXa6wY1Q-8arCu69rzD4VXzWHjW_IXbGjI5iYoXzHbrEAQX8NG=
BLbhOHfEWYNzOIoy-_CF5vcmiWlVU80rVCRMUSkIVcwoHfxVcBsaW0kw-hj8Z6K-uy1wYUajCsP=
0oVddpwBo6SsnXCQ5E99V6tH7XMaVoxRsSqJBTVhJiZf1-ZXtD4URLuOefQ0Ib3u66MwNFnz8Li=
gydrPLN0pJATz-5AzKE92QC5T2Xrn4MCyx-wYhwxOpkwqw2ENFUNytoYCcfKsFjCwhVt3DggngI=
BgBZQH_XaqKa0aVIY8yMkzfHhPK5YbiisuSpK9IZm5QprEfFdn6vQb207hjNONUo6SNuQ337kKD=
tLF9KmGVKpXI2Eg%3D%3D" target=3D"_blank" rel=3D"noopener noreferrer">Fred S=
imian</a>) was stolen in a phishing attack, meaning the IP rights that come=
 with his ape are also now gone =E2=80=94&nbsp;complicating Green=E2=80=99s=
 plan to use the character in the show. (Now would be a great time to brush=
 up on <a href=3D"https://links.coinbase.com/a/click?_t=3D3aca5637196741819=
2255878e9689713&_m=3D2a0780918de6476d8b34f32019335911&_e=3DLscAqNKLYrIgC5Hn=
pvJa_qbDxDADKsXgz-Ajt8etP_PjNPY80emPtudxKYF1emMIcqwrt3dPnvv8CL0f2xr79IBCutz=
FYiFNHNwFxn-EuAOlrg1s3KSmcV-b_U0Cdrb2EjJo8PoDZo0cVCjOiJlku5ewifjapzvFI1FhP0=
z6CSb34j1xPl2OZ0Dl5fnlGgUtxAWVaHgDj1cPESQUZuVTyNdXLYCnczlbiJYWZXtNlUndtCH_O=
BhNvAao_qtDn-xElsmj8LRHuL1B6ivTc2olx805_VP9X2YUwBHmrLpdC-5pUcmv2pW1lb_ebYPW=
-_xlMZbm4Y068r2bBiQ3kjft5UuvdTPfWhHv6bW9vb5HxGq7kAywnYgZL99roQOVpFo_an_d7Zu=
OirXc75gjcsbbIEhtBjK20BryZ0XyLMGgNFHTpp_zGC_79x1OS-trNEz9" target=3D"_blank=
" rel=3D"noopener noreferrer">security tips</a>.)</p> <p style=3D"margin: 1=
6px 0px 0px; font-size: 32px;"><strong>10,000 BTC</strong></p> <p style=3D"=
margin: 4px 0px 0px; line-height: 1.6; word-break: break-word;">Amount that=
 Florida programmer Laszlo Hanyecz spent on two large Papa John=E2=80=99s p=
izzas on May 22, 2010 =E2=80=94&nbsp;the first known IRL crypto transaction=
. The annual celebration known as Bitcoin Pizza Day serves as a reminder of=
 BTC=E2=80=99s mind-bending growth over the last 12 years. At BTC=E2=80=99s=
 current price around $30,000, Hanyecz could have bought 20 million large p=
izzas. (At November=E2=80=99s peak near $70,000? 46 million pizzas!)</p> <p=
 style=3D"margin: 16px 0px 0px; font-size: 32px;"><strong>50</strong></p> <=
p style=3D"margin: 4px 0px 0px; line-height: 1.6; word-break: break-word;">=
Number of digital-asset bills Congress has introduced to date =E2=80=94 add=
ressing subjects including crypto taxation, CBDCs, and funding for blockcha=
in-technology research, according to a <a href=3D"https://links.coinbase.co=
m/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D2a0780918de6476d8b34f3=
2019335911&_e=3DLscAqNKLYrIgC5HnpvJa_qnmMSwvqWjoJ4-SzhmI6SI5Nhdl48a4-tbQVnx=
_WZXRSBisajlrGlV4YjM8E6G0cO_bAZ_oqKsVsJLtpJ7bjnAGQBoLdR0EQzqJn2Ybm_U-qAMpJ6=
4aJ4n0wxH0L8WTCO6ozx0NB5tp9FVOLH3gkgSimrcuzyk4vjAuiRhGZRUiqU33XsHv2yMM_N7wq=
1mFgB0zOIeGF4SAGAr0gu10fHyDoLQlUIbNmvq950Dx7SDU-rj8yJafJMdhQrzg7SGAm_swmsiH=
A4XnnMEyJxcNqJGxJH19mIB0j_mQLTo91f7e1EDbFsCsgunKzfJWIGK0VfDQ1M6kLSP8JRIqeMB=
cvG8WdyCif6zLtfq_A6p0-lcnkFpZoiPZbqoEJCtp9ysfZ71AsjbQBGd4ZBMK6fRM5ny6cb817t=
zKmaUyYAo5R6wBFbBdz5jhCVV4TsSQoduPwGzTcf2kJBWfFYnCvyBMEY-0xVoCrYDhHuD4SaUzC=
LAiddJ74C286LWp19F80LGFYIOuzcuTcrI8UAoEsZsiNoANba64ObfaDKLX7GqPOKkG" target=
=3D"_blank" rel=3D"noopener noreferrer">Forbes</a> report. Looking to learn=
 more about the future of crypto policy? Check out the newly launched <a hr=
ef=3D"https://links.coinbase.com/u/click?_t=3D3aca56371967418192255878e9689=
713&_m=3D2a0780918de6476d8b34f32019335911&_e=3DLscAqNKLYrIgC5HnpvJa_oqFhYcw=
_ZcpyFLvpNoFsOCNN6NZtw1gfgkME351Xbh2QO8pEQ1tvCRHBs4tyl2xXZFMXySBBDrgVvwgAXS=
UHjmHm15CpSTeSTjl8ynV6XsnEppGu0M7eJejSvTg5sonKZq627gxgqcHuiJE3V8tEAUsBQbxZC=
E2ug6pdz17cEsFgnv74Zva-7KXM70FuC3D190_LlDGkbWMuT6MiQapJdLDyHtny6pmXt0YfzOF4=
K8moZfU_fGfwAw6zW6yvW4PDZVTM-Cgo7dJW7slN89v4arnmkqG5XiZzdfguNvCxqI8Hx7ApUQv=
Ru8zyRwpyREI5YUrjXulprjd5M9AByVje4N_jfI260J3mlWi9MWqz0y6KkhwW8fngEoSprTNHvQ=
i08G5CeY-6viCYq1CpUngjlbt4_jjx8ur-_xwM5t1UWcicx3za2nKxjYhapUZtpQ7lWmvZbzQCn=
ChAh_H-yQFVY07JEn3_kBVm7i2P4ZmLRGm_uVJGOBkLyBUiPlNO--nhw%3D%3D" target=3D"_=
blank" rel=3D"noopener noreferrer">Coinbase Institute</a>, a crypto-native =
think tank created to inform policy discussions with =E2=80=9Crigorous, nov=
el research, and =E2=80=A6 the best minds across disciplines,=E2=80=9D incl=
uding academics, policymakers, and leaders in the crypto community. (And if=
 you have feedback, you can reach out to <a href=3D"mailto:coinbaseinstitut=
e@coinbase.com" target=3D"_blank" rel=3D"noopener noreferrer">coinbaseinsti=
tute@coinbase.com</a>.)</p> <p style=3D"margin: 16px 0px 0px; font-size: 32=
px;"><strong>12%</strong></p> <p style=3D"margin: 4px 0px 0px; line-height:=
 1.6; word-break: break-word;">Percentage of U.S. adults holding cryptocurr=
ency in 2021, according to a new 11,000-person <a href=3D"https://links.coi=
nbase.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D2a0780918de647=
6d8b34f32019335911&_e=3DLscAqNKLYrIgC5HnpvJa_i2CqxXGYsZ7M1Jd_8cDAepQ0Fg9doN=
3TCmhVAwN2cfG2LpCu_6-AYJy_iwBLPQswdnLwpRZjTHwhNHAk5-bnhwexSgmgxqukJ-WA0ik3R=
dhrS2GsnNvgY9Ivl7LmXlFBuz6PtLeCDko5g75XsFc2YzC0xoGremr5I918KXlOXyBynL5-bDAv=
q4tkBlpzw0JHsFCMoQ8puz3nbG6VGwx8IUY-lVOCft187WrvOtz6MCSVHNeIYlC7L9iuGZ5ZQuL=
nbZTPQ6iRSX-M3ODMiib34AasoJRCPqx45G11aswpWOXQ24giBXcCik-tO80-eNico0MZOXv81n=
SRsKSEGpc4FO7gr-HGvJPDjHqcOGumg0SeVtCdoLhRojkGYLa7xyJX2VbJcof3KhDuNfv0awgO1=
UXcptKuM-qSY-Xab3ojBus-QpMBgdA3zhv2rZALscI5b12shIq1zr8pjbfECVuJP4%3D" targe=
t=3D"_blank" rel=3D"noopener noreferrer">survey</a> by the Federal Reserve.=
 The Economic Well-Being of U.S Households report found that 11% held crypt=
o as an investment while 2% had used crypto for a transaction (maybe pizza?=
).</p> <div class=3D"cta_button" style=3D"margin: 24px 0px 0px; padding: 0p=
x; width: 50%;"><!--[if mso]><table width=3D"100%" cellpadding=3D"0" cellsp=
acing=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;" a=
lign=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=3D3aca56371967418192255878e9689713&_m=3D2a0780918de6476d8b3=
4f32019335911&_e=3DLscAqNKLYrIgC5HnpvJa_qbDxDADKsXgz-Ajt8etP_PjNPY80emPtudx=
KYF1emMIq_6Kg7uKN37YNgWxe4_BSu1tgPHzuRcHHcQZXxHqTiN7B49z5-oRiM3nIv1MYQQ78b7=
-eptDApLkud8s86mCiJirShTif6uz7VjNDl-5A4lX6uq8tldm7DfNrKDp6JyS_nAolvC-peq46H=
q2iVylGrTuuCMQrI727JdJ1HIXziHTD3dJJh74TRq9fYSyUMYeT18goO2-XsoH-dDnAxKUS9zD2=
3LaQBERLV2kfhJD-mC-TFIOKi3pVW_FHCJGXNtIkyhtIBaoyLgaNnF8u2H7eq7zUmzm_2zY9qCu=
xDiJhNbBC4KHxZghaxXkbvsqoPzAOYynVLNb7B6IRD81AEkft7ZJnEcwSojNZXFANHCw65gUB9m=
j0l8mvLEvjyVwgxAnG1X2tXmQsB8Cu9TN01K-fYR-lLl9Qb7sJVxO2Ug7wH8%3D" style=3D"w=
idth:350pt;v-text-anchor:middle;" arcsize=3D"17%" stroke=3D"false" fillcolo=
r=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=3D3aca56371967418192255878e9=
689713&_m=3D2a0780918de6476d8b34f32019335911&_e=3DLscAqNKLYrIgC5HnpvJa_qbDx=
DADKsXgz-Ajt8etP_PjNPY80emPtudxKYF1emMIq_6Kg7uKN37YNgWxe4_BSu1tgPHzuRcHHcQZ=
XxHqTiN7B49z5-oRiM3nIv1MYQQ78b7-eptDApLkud8s86mCiJirShTif6uz7VjNDl-5A4lX6uq=
8tldm7DfNrKDp6JyS_nAolvC-peq46Hq2iVylGrTuuCMQrI727JdJ1HIXziHTD3dJJh74TRq9fY=
SyUMYeFja8Q3uoWxTuemy6Ag2gdue92o1vyBcC5OIJ2ekeJxSky1YOxihoXZCR6AXsL4bSWOZq4=
YseprazLEOUebfTTO16IKMeR9hhlhC402yF9lDezKL4viTl16eUUB9TNLX_7FT-eNsxis9hHjYt=
AI2sTyUPf94V244ulvkyUhL4p14GIHBQ46Je5euKGQHN0ZsAS-Wl-LqS2BKAwhqck1Yl_RSXY9R=
L_6P1bu2quWLnVa4%3D" 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: 30px; text-align: center; padding: 18px 0px;"><strong>Learn =
to bank with crypto</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>Who of the following is not an Ethereum co-founder?</=
strong></p> </div> <div style=3D"margin-top: 16px;"> <table style=3D"line-h=
eight: 1.6; word-break: break-word;"> <tbody> <tr> <td style=3D"padding-rig=
ht: 12px;"><strong>A</strong></td> <td>Vitalik Buterin</td> </tr> <tr> <td =
style=3D"padding-right: 12px; padding-top: 12px;"><strong>B</strong></td> <=
td style=3D"padding-top: 12px;">Eth Ledger </td> </tr> <tr> <td style=3D"pa=
dding-right: 12px; padding-top: 12px;"><strong>C</strong></td> <td style=3D=
"padding-top: 12px;">Gavin Wood</td> </tr> <tr> <td style=3D"padding-right:=
 12px; padding-top: 12px;"><strong>D</strong></td> <td style=3D"padding-top=
: 12px;">Charles Hoskinson</td> </tr> </tbody> </table> </div> <p style=3D"=
margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">Find the a=
nswer at the end of the email.</p> <div class=3D"cta_button" style=3D"margi=
n: 24px 0px 0px; padding: 0px; width: 50%;"><!--[if mso]><table width=3D"10=
0%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"border-spacin=
g:0;border-collapse:collapse;mso-table-lspace:0pt;mso-table-rspace:0pt;"><t=
r><td style=3D"padding:0;" align=3D"left"> <v:roundrect xmlns:v=3D"urn:sche=
mas-microsoft-com:vml" xmlns:w=3D"urn:schemas-microsoft-com:office:word" hr=
ef=3D"https://links.coinbase.com/a/click?_t=3D3aca56371967418192255878e9689=
713&_m=3D2a0780918de6476d8b34f32019335911&_e=3DLscAqNKLYrIgC5HnpvJa_qbDxDAD=
KsXgz-Ajt8etP_PjNPY80emPtudxKYF1emMIoR90cO10FyXDbuYzZwO2FxQtjj2ZzdLp9_krzKQ=
rmNXxY_I7janfs7XjSKtAMxCaCkybXS7IzVSUlQ9yBN2S3XxDSfIdTtPvhkWhaO8sSUTMYOodpl=
DFhuFnboEgB0E4nc45Cd70vNSr8EtY_CfYlwE8Np0voLKALiHEqg4b48Ru_JNNDM3UvPBGtdY3X=
uaGk6aUii7eMH3Bs4u2YzfKE6l4wT_MjkvaLV0Z_WRnA_Ht5BZtpuQEDlY_0vL8o8Ko6FCdwJ_e=
7onMmDoq9ck56cUmmGLUFCW2Nj3UgGfLVc3n86XNKDXPW0D9logd3P4dh2TZQwU_nCJZMmUPLYj=
fGjKKKVoiAegexiA-MLoMTmSx5OZDKnznAIINPB6pvYQBU3QpbPxSxqUpA_YDxuro7SKW-jSsYu=
Pv24OV9MhboGSjB2gXLSVnPIr0q7RwBmcP" 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/a/click?_t=3D3aca56371967418192255878e9689713&_m=3D2a0780918de6476d8=
b34f32019335911&_e=3DLscAqNKLYrIgC5HnpvJa_qbDxDADKsXgz-Ajt8etP_PjNPY80emPtu=
dxKYF1emMIoR90cO10FyXDbuYzZwO2FxQtjj2ZzdLp9_krzKQrmNXxY_I7janfs7XjSKtAMxCaC=
kybXS7IzVSUlQ9yBN2S3XxDSfIdTtPvhkWhaO8sSUTMYOodplDFhuFnboEgB0E4nc45Cd70vNSr=
8EtY_CfYlwE8Np0voLKALiHEqg4b48Ru_JNNDM3UvPBGtdY3XuaGo9SmR1DzuXle6X2L1ITjhV6=
Pa1OhhaJGqy5r_GdWONv1XQQp69Us0hoWjuBJ3ubvVCiFcfaG38cQoEOyUAUJihPycXcovicNeQ=
mDR_4iQlhQjOUbBe3HTVVCEI0ZKQlFsa_q_DznWF7f74D4f8EHA39WBcEReOelKctkOuI7NWbca=
IOW4lC3VctjuuTFoXpEZ2nLN-5xmWO5VFKFGUu3nDnzk9OUs6WeabxlvaHhrG2HxrzsUKJzXcHE=
5jvl7n75" target=3D"_blank" rel=3D"noopener noreferrer" style=3D"display: b=
lock; margin: 0px; line-height: 1.2; font-size: 16px; text-decoration: none=
; color: rgb(255, 255, 255); background-color: rgb(0, 82, 255); border-radi=
us: 30px; text-align: center; padding: 18px 0px;"><strong>Learn ETH history=
</strong></a><!--[if mso]></center></v:textbox></v:roundrect></td></tr></ta=
ble><![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"vertical-align: top;"> <td valign=3D"top" style=3D"wo=
rd-break: break-word; vertical-align: top; min-width: 100%; text-size-adjus=
t: 100%; padding: 48px 0px;"><table border=3D"0" cellpadding=3D"0" cellspac=
ing=3D"0" width=3D"100%" align=3D"center" role=3D"presentation" valign=3D"t=
op" 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" st=
yle=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"htt=
ps://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/669d5713-9b6a-4=
6bb-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-align: middle;"><p s=
tyle=3D"margin: 0px; font-size: 16px; letter-spacing: 0.075em;"><strong> NO=
W TRADING ON COINBASE </strong></p></td> </tr> </tbody> </table> </div> <a =
href=3D"https://links.coinbase.com/a/click?_t=3D3aca56371967418192255878e96=
89713&_m=3D2a0780918de6476d8b34f32019335911&_e=3DLscAqNKLYrIgC5HnpvJa_qbDxD=
ADKsXgz-Ajt8etP_MPK78g200Ym8UdkIKL3kn1vAT4BYSY8qqTuPuGbsTZyFTqNVVojLQdw6x6-=
8BadWt0-gavjfqDXkjCSuV0vm7Zi9KwXGYwG6CRKrnOxyJURQdppg8W7SZoOJfv6Jf3WRV0q7b0=
yoPwW-hl1dBUR5Td3Z4puj45BzUV3qiXCJscCEhwGOoSJvNh9WHkTvbwifh6cH9-Ocz25a4xkP0=
zm2ZFHtn2JA78LfIXP7KJwv_XB46EqpsSFM6pZMVipQ4frYiNRn1FRsbdJDzJD7tiUQGDVNakFi=
ZG96GyQbwrdx7-YbHtgkd8JiDi-E2Y0Q1z1cRVoVd_0d-qfam8USRYRmZM0QM8tOfQ7lFOsG_QI=
LLFBt50X9JjiC4BZV06v32zVVw%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; wh=
ite-space: nowrap;"><strong>FLOW</strong></td> <td style=3D"vertical-align:=
 middle; padding-left: 12px;"><img src=3D"https://dynamic-assets.coinbase.c=
om/00ec02d5bad8ff25a8d3d7ac3829094182c612bb4fa883eaa96092c433271176de7d48b3=
b75c686f01b10ae274b3868870506e503995132954a5678af6a53664/asset_icons/fa89d5=
746755536254fa3351b74e1edf179a9466736dc0d9845e694135fabdfb.png" width=3D"26=
" height=3D"26" style=3D"display: block; width: 26px; height: 26px; vertica=
l-align: middle;"></td> <td style=3D"vertical-align: middle; text-align: ri=
ght; width: 100%;"><img src=3D"https://d15k2d11r6t6rl.cloudfront.net/public=
/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca563719674181922=
55878e9689713/Newsletter%20Assets/newlistings_light.png" width=3D"21" heigh=
t=3D"18" style=3D"width: 21px; height: 18px; vertical-align: middle;"></td>=
 </tr> </tbody> </table> <p style=3D"margin: 0px; line-height: 1.6;">FLOW i=
s a cryptocurrency that powers Flow, a layer one blockchain and smart contr=
act platform. </p> </a> <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"vertical-align: top;"> <td valign=3D"top" style=3D"wo=
rd-break: break-word; vertical-align: top; min-width: 100%; text-size-adjus=
t: 100%; padding: 48px 0px;"><table border=3D"0" cellpadding=3D"0" cellspac=
ing=3D"0" width=3D"100%" align=3D"center" role=3D"presentation" valign=3D"t=
op" 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" st=
yle=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; word-break: break-word;"><strong>=
Trivia answer</strong></p> <table style=3D"margin: 12px 0px 0px; line-heigh=
t: 1.6; word-break: break-word;"> <tbody> <tr> <td style=3D"padding-right: =
12px;"><strong>B</strong></td> <td>Eth Ledger </td> </tr> </tbody> </table>=
 <table style=3D"margin: 48px 0px 0px;"> <tbody> <tr> <td style=3D"text-ali=
gn: left;"><img src=3D"https://d15k2d11r6t6rl.cloudfront.net/public/users/I=
ntegrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e96=
89713/Rebrand%20Assets/coinbase_footer_wordmark.png" alt=3D"Coinbase" heigh=
t=3D"26" style=3D"display: block; height: 26px; margin-bottom: 24px;"></td>=
 </tr> <tr> <td><a href=3D"https://links.coinbase.com/u/click?_t=3D3aca5637=
1967418192255878e9689713&_m=3D2a0780918de6476d8b34f32019335911&_e=3DLscAqNK=
LYrIgC5HnpvJa_qzQ8kPy9Hx0KwenYmD-RGuIdz64Tnrq_ZJsE6qjku2A-tBZ9iQXlZj-VRcnCd=
iVPsBvl8ZYk-yXR9AS194rH7NwLsxGGi-P2zlK0FpkSJzBpCoh4cRTMzJacjQ5dArDFkuLLeXPh=
t5HY8gyWhC-NnUQtfaYealiXIpBHE8OJdLhIH4DhFQuv3KIClMPXthtPDPNtwjJFicRn4NbQcbG=
K6V9krtJsiWG6ECMkXIIcK_l57ZyQ-Zx95at1RTm8hXrFtLiPJDUa6B-RuedbDNI3VmHwn4YE4c=
F5doiKS2AgjYb03XId5bf9syIsXbcbIK827CAAqzYNFnX5pjtv_-XXi3jpxTSUuSiQFzLd02xOs=
iwD61ty-aqimiiWBX2AN-IGnNHwb3ieekWbEy5sA9JKehNP1KKPfgOTRRGa5I0gzgr" title=
=3D"coinbase ios app" target=3D"_blank" rel=3D"noopener noreferrer"><img sr=
c=3D"https://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/669d571=
3-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9689713/Icons/app_ap=
ple.png" alt=3D"Download on iOS App store" height=3D"46" style=3D"display: =
block; height: 46px; margin-right: 8px;"></a></td> <td><a href=3D"https://l=
inks.coinbase.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D2a0780=
918de6476d8b34f32019335911&_e=3DLscAqNKLYrIgC5HnpvJa_r-enm7H4yTV0hbVzyZTT6Q=
jK8yJzFoDlZMvHpOYnmSVm5P21ewWENNLVFdS6XptOzB8WC95THmIrVHXgrjyYvGd7rhgpdvQoG=
QrvwkTtbahLmUMEBb_SjzxUHCRweVltbpm-wno7uX4c5_AJB6RRPbdwzR5A767Vh7w7XK2pJPq3=
b_UqIM3o0daxmyh3ClJbkjkAuRVwB3WcBHtdHzG6fwbppfECDYhRQX9njJVX1EKVDc34zniWEcI=
LZ3i4DqWfD2sIsMkWDBiBubZdOpg7s7wLuraf2RVfe_P5jdr9s30VuZa8eBQZCxhaG6Z2gPOMw4=
DvSEq5GyPXJhTs4m4zyPiIzzZsqEKdufyZ4gE2k9MfTxfGoSiLAPr5-s9tGlL0fES6iMQ-tmG9c=
Lx8neQrLMvzdvAVS0TUQs-_waMqfN5" title=3D"coinbase android app" target=3D"_b=
lank" rel=3D"noopener noreferrer"><img src=3D"https://d15k2d11r6t6rl.cloudf=
ront.net/public/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca=
56371967418192255878e9689713/Icons/app_google.png" alt=3D"Download on Googl=
e Play" height=3D"46" style=3D"display: block; height: 46px;"></a></td> </t=
r> </tbody> </table> <div style=3D"margin-top: 24px;"> <p style=3D"font-siz=
e: 12px; line-height: 1.8; word-break: break-word; color: rgb(91, 97, 110);=
">Disclaimer: This material is the property of Coinbase, Inc., its parent a=
nd affiliates ("Coinbase"). The views and opinions expressed herein are tho=
se of the author and do not necessarily reflect the views of Coinbase or it=
s employees and summarizes information and articles with respect to cryptoc=
urrencies or related topics that the author believes may be of interest. Th=
is 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 o=
r shares, or to participate in any investment or trading strategy, (ii) int=
ended to provide accounting, legal, or tax advice, or investment recommenda=
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anty is made, expressed or implied, with respect to the accuracy or complet=
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the U.S. Commodity Futures Trading Commission.<br><br> =C2=A9 Coinbase 2022=
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j5o6zMo6y9podT-2ZH0Jm3_WkPAFVLWVsjbl5ZTZcBECRmowvn87UOw6uILfJPQgb7fHRGGBXmt=
TV-eurCD0yKTEHJZOFcjETkIDH45Ft0NBxi62qtHhpq1nUSrcdrSmMc5oJ6NnXADAEH9HsCb9OJ=
8J_uqqs6d_dL9CtEaiQhmyngAR4bOl0UXw0xikNgxUvNVRc-LllLbIbVWvCbgQHIzpVd5puJXSP=
7H_5QqeeVSuFzS3C863wMR6jgN6yoO4GnxAH5jNzGdhkvgA2njtOD03XFvOb86tpdIYEwu7xx_H=
iwyWlZVEQdX8OoOdfBcdOVo_QxGBUXYrmYk4rl6Fompj_vSMske4ue7scYyteR_XekQ_XKzM4rt=
mSYB74RSEdMziyde08yA2vwaixZt5re1-d1k4F7b66cFitwbc7rBaayPS5B-IbbHNG6v3Ddo3E4=
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