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   Coinbase Bytes
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  <span style="color:transparent;visibility:hidden;display:none;opacity:0;height:0;width:0;font-size:0;">
   How will crypto legislation shape up in the U.S.?
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           17 Aug 2022
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     <p style="margin: 16px 0px 0px; line-height: 1.5; word-break: break-word; font-size: 12px; color: rgb(91, 97, 110);">
      Several bipartisan bills aiming to provide regulatory clarity for crypto are working their way through Congress. [Image via Caleb Perez]
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      <strong>
       What’s up? It’s Coinbase Bytes
      </strong>
     </p>
     <p style="margin: 0px; line-height: 1.6; word-break: break-word;">
      There’s never a dull moment on the blockchain. Here’s what you need to know this week:
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      <li style="margin: 0px; padding: 6px 0px;">
       <strong>
        Crypto bills are gaining momentum in Congress.
       </strong>
       We’re taking a closer look at some of the most recent and potentially consequential pieces of legislation.
      </li>
      <li style="margin: 0px; padding: 6px 0px;">
       <strong>
        Key cryptoverse quotes
       </strong>
       Terra founder Do Kwon comments on the infamous collapse of his algorithmic stablecoin and other soundbites from the week.
      </li>
      <li style="margin: 0px; padding: 6px 0px;">
       <strong>
        Noteworthy numbers
       </strong>
       The rapidly growing amount of professionals with blockchain jobs and other key stats to know
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              <div style="text-align:left;margin:0px 0px 0px 10px;line-height:1;">
               <p style="margin:0;">
                <strong>
                 Bitcoin
                </strong>
               </p>
               <p style="margin:8px 0px;">
                £19,478.63
               </p>
               <p style="margin:0;font-size:12px;">
                -2.70%
               </p>
              </div>
             </td>
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              <div style="text-align:left;margin:0px 0px 0px 10px;line-height:1;">
               <p style="margin:0;">
                <strong>
                 Ethereum
                </strong>
               </p>
               <p style="margin:8px 0px;">
                £1,535.15
               </p>
               <p style="margin:0;font-size:12px;">
                -1.01%
               </p>
              </div>
             </td>
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              <div style="text-align:left;margin:0px 0px 0px 10px;line-height:1;">
               <p style="margin:0;">
                <strong>
                 Cardano
                </strong>
               </p>
               <p style="margin:8px 0px;">
                £0.45
               </p>
               <p style="margin:0;font-size:12px;">
                +0.38%
               </p>
              </div>
             </td>
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             <td style="padding:0;vertical-align:top;">
              <div style="text-align:left;margin:0px 0px 0px 10px;line-height:1;">
               <p style="margin:0;">
                <strong>
                 Solana
                </strong>
               </p>
               <p style="margin:8px 0px;">
                £33.88
               </p>
               <p style="margin:0;font-size:12px;">
                -3.67%
               </p>
              </div>
             </td>
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              <img height="12" src="https://inboxflows.com/_/image/https%253A%252F%252Fd15k2d11r6t6rl.cloudfront.net%252Fpublic%252Fusers%252FIntegrators%252F669d5713-9b6a-46bb-bd7e-c542cff6dd6a%252F3aca56371967418192255878e9689713%252Fup-arrow.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1oOUZ9:B2N2XOBTX_KFeUVDSSCmk_jwSoFAFGyyjq_lr2u3W80" style="height:12px;width:12px;margin:2px 0px 0px 0px;vertical-align:top;" width="12"/>
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             <td style="padding:0;vertical-align:top;">
              <div style="text-align:left;margin:0px 0px 0px 10px;line-height:1;">
               <p style="margin:0;">
                <strong>
                 Dogecoin
                </strong>
               </p>
               <p style="margin:8px 0px;">
                £0.07
               </p>
               <p style="margin:0;font-size:12px;">
                +14.09%
               </p>
              </div>
             </td>
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          <a style="text-decoration:none;color:#0A0B0D;" target="_blank">
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              <img height="12" src="https://inboxflows.com/_/image/https%253A%252F%252Fd15k2d11r6t6rl.cloudfront.net%252Fpublic%252Fusers%252FIntegrators%252F669d5713-9b6a-46bb-bd7e-c542cff6dd6a%252F3aca56371967418192255878e9689713%252Fdown-arrow.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1oOUZ9:B2N2XOBTX_KFeUVDSSCmk_jwSoFAFGyyjq_lr2u3W80" style="height:12px;width:12px;margin:2px 0px 0px 0px;vertical-align:top;" width="12"/>
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              <div style="text-align:left;margin:0px 0px 0px 10px;line-height:1;">
               <p style="margin:0;">
                <strong>
                 Polkadot
                </strong>
               </p>
               <p style="margin:8px 0px;">
                £7.00
               </p>
               <p style="margin:0;font-size:12px;">
                -11.17%
               </p>
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              <div style="text-align:left;margin:0px 0px 0px 10px;line-height:1;">
               <p style="margin:0;">
                <strong>
                 Bitcoin
                </strong>
               </p>
               <p style="margin:8px 0px;">
                £19,478.63
               </p>
               <p style="margin:0;font-size:12px;">
                -2.70%
               </p>
              </div>
             </td>
            </tr>
           </tbody>
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         </td>
         <td style="padding-top:40px;">
          <a style="text-decoration:none;color:#0A0B0D;" target="_blank">
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              <img height="12" src="https://inboxflows.com/_/image/https%253A%252F%252Fd15k2d11r6t6rl.cloudfront.net%252Fpublic%252Fusers%252FIntegrators%252F669d5713-9b6a-46bb-bd7e-c542cff6dd6a%252F3aca56371967418192255878e9689713%252Fdown-arrow.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1oOUZ9:B2N2XOBTX_KFeUVDSSCmk_jwSoFAFGyyjq_lr2u3W80" style="height:12px;width:12px;margin:2px 0px 0px 0px;vertical-align:top;" width="12"/>
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             <td style="padding:0;vertical-align:top;">
              <div style="text-align:left;margin:0px 0px 0px 10px;line-height:1;">
               <p style="margin:0;">
                <strong>
                 Ethereum
                </strong>
               </p>
               <p style="margin:8px 0px;">
                £1,535.15
               </p>
               <p style="margin:0;font-size:12px;">
                -1.01%
               </p>
              </div>
             </td>
            </tr>
           </tbody>
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         </td>
         <td style="padding-top:40px;">
          <a style="text-decoration:none;color:#0A0B0D;" target="_blank">
          </a>
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              <img height="12" src="https://inboxflows.com/_/image/https%253A%252F%252Fd15k2d11r6t6rl.cloudfront.net%252Fpublic%252Fusers%252FIntegrators%252F669d5713-9b6a-46bb-bd7e-c542cff6dd6a%252F3aca56371967418192255878e9689713%252Fup-arrow.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1oOUZ9:B2N2XOBTX_KFeUVDSSCmk_jwSoFAFGyyjq_lr2u3W80" style="height:12px;width:12px;margin:2px 0px 0px 0px;vertical-align:top;" width="12"/>
             </td>
             <td style="padding:0;vertical-align:top;">
              <div style="text-align:left;margin:0px 0px 0px 10px;line-height:1;">
               <p style="margin:0;">
                <strong>
                 Cardano
                </strong>
               </p>
               <p style="margin:8px 0px;">
                £0.45
               </p>
               <p style="margin:0;font-size:12px;">
                +0.38%
               </p>
              </div>
             </td>
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              <img height="12" src="https://inboxflows.com/_/image/https%253A%252F%252Fd15k2d11r6t6rl.cloudfront.net%252Fpublic%252Fusers%252FIntegrators%252F669d5713-9b6a-46bb-bd7e-c542cff6dd6a%252F3aca56371967418192255878e9689713%252Fdown-arrow.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1oOUZ9:B2N2XOBTX_KFeUVDSSCmk_jwSoFAFGyyjq_lr2u3W80" style="height:12px;width:12px;margin:2px 0px 0px 0px;vertical-align:top;" width="12"/>
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              <div style="text-align:left;margin:0px 0px 0px 10px;line-height:1;">
               <p style="margin:0;">
                <strong>
                 Solana
                </strong>
               </p>
               <p style="margin:8px 0px;">
                £33.88
               </p>
               <p style="margin:0;font-size:12px;">
                -3.67%
               </p>
              </div>
             </td>
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          <a style="text-decoration:none;color:#0A0B0D;" target="_blank">
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            <tr>
             <td style="padding:0;vertical-align:top;">
              <img height="12" src="https://inboxflows.com/_/image/https%253A%252F%252Fd15k2d11r6t6rl.cloudfront.net%252Fpublic%252Fusers%252FIntegrators%252F669d5713-9b6a-46bb-bd7e-c542cff6dd6a%252F3aca56371967418192255878e9689713%252Fup-arrow.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1oOUZ9:B2N2XOBTX_KFeUVDSSCmk_jwSoFAFGyyjq_lr2u3W80" style="height:12px;width:12px;margin:2px 0px 0px 0px;vertical-align:top;" width="12"/>
             </td>
             <td style="padding:0;vertical-align:top;">
              <div style="text-align:left;margin:0px 0px 0px 10px;line-height:1;">
               <p style="margin:0;">
                <strong>
                 Dogecoin
                </strong>
               </p>
               <p style="margin:8px 0px;">
                £0.07
               </p>
               <p style="margin:0;font-size:12px;">
                +14.09%
               </p>
              </div>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
         <td style="padding-top:20px;">
          <a style="text-decoration:none;color:#0A0B0D;" target="_blank">
          </a>
          <table>
           <tbody>
            <tr>
             <td style="padding:0;vertical-align:top;">
              <img height="12" src="https://inboxflows.com/_/image/https%253A%252F%252Fd15k2d11r6t6rl.cloudfront.net%252Fpublic%252Fusers%252FIntegrators%252F669d5713-9b6a-46bb-bd7e-c542cff6dd6a%252F3aca56371967418192255878e9689713%252Fdown-arrow.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1oOUZ9:B2N2XOBTX_KFeUVDSSCmk_jwSoFAFGyyjq_lr2u3W80" style="height:12px;width:12px;margin:2px 0px 0px 0px;vertical-align:top;" width="12"/>
             </td>
             <td style="padding:0;vertical-align:top;">
              <div style="text-align:left;margin:0px 0px 0px 10px;line-height:1;">
               <p style="margin:0;">
                <strong>
                 Polkadot
                </strong>
               </p>
               <p style="margin:8px 0px;">
                £7.00
               </p>
               <p style="margin:0;font-size:12px;">
                -11.17%
               </p>
              </div>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
     </div>
     <p style="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 Aug 18, 2022 at 01:31 AM UTC
     </p>
     <div class="cta_button" style="margin: 24px 0px 0px; padding: 0px; width: 50%;">
      <!--[if mso]><table width="100%" cellpadding="0" cellspacing="0" border="0" style="border-spacing:0;border-collapse:collapse;mso-table-lspace:0pt;mso-table-rspace:0pt;"><tr><td style="padding:0;" align="left"> <v:roundrect xmlns:v="urn:schemas-microsoft-com:vml" xmlns:w="urn:schemas-microsoft-com:office:word" href="www,coinbase.com/price" style="width:350pt;v-text-anchor:middle;" arcsize="17%" stroke="false" fillcolor="#0052ff"> <w:anchorlock/><v:textbox inset="0,0,0,0"><center style="font-family: Helvetica Neue, Helvetica, Arial, sans-serif;"><![endif]-->
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       <strong>
        See the latest prices
       </strong>
      </a>
      <!--[if mso]></center></v:textbox></v:roundrect></td></tr></table><![endif]-->
     </div>
     <table role="presentation" style="table-layout: fixed; vertical-align: top; border-spacing: 0px; border-collapse: collapse; min-width: 100%; text-size-adjust: 100%;" valign="top" width="100%">
      <tbody>
       <tr style="vertical-align: top;">
        <td style="word-break: break-word; vertical-align: top; min-width: 100%; text-size-adjust: 100%; padding: 48px 0px;" valign="top">
         <table align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="table-layout: fixed; vertical-align: top; border-spacing: 0px; border-collapse: collapse; border-top: 2px solid rgb(222, 224, 226); width: 100%;" valign="top" width="100%">
          <tbody>
           <tr style="vertical-align: top;">
            <td style="word-break: break-word; vertical-align: top; text-size-adjust: 100%;" valign="top">
             <span>
             </span>
            </td>
           </tr>
          </tbody>
         </table>
        </td>
       </tr>
      </tbody>
     </table>
     <div>
      <table style="margin: 0px; padding: 0px;">
       <tbody>
        <tr>
         <td style="margin: 0px; padding-right: 11px; vertical-align: middle;">
          <img height="12" src="https://inboxflows.com/_/image/https%253A%252F%252Fd15k2d11r6t6rl.cloudfront.net%252Fpublic%252Fusers%252FIntegrators%252F669d5713-9b6a-46bb-bd7e-c542cff6dd6a%252F3aca56371967418192255878e9689713%252Fdot-1.5x.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1oOUZ9:B2N2XOBTX_KFeUVDSSCmk_jwSoFAFGyyjq_lr2u3W80" style="display: block; width: 12px; height: 12px;" width="12"/>
         </td>
         <td style="margin: 0px; padding: 0px; vertical-align: middle;">
          <p style="margin: 0px; font-size: 16px; letter-spacing: 0.075em;">
           <strong>
            BILLS BILLS BILLS
           </strong>
          </p>
         </td>
        </tr>
       </tbody>
      </table>
      <p style="margin: 5px 0px 0px; font-size: 32px; line-height: 1.26; word-break: break-word;">
       <strong>
        A closer look at the the biggest crypto bills in Congress
       </strong>
      </p>
     </div>
     <p style="margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">
      While the last several months of crypto headlines have focused primarily on plummeting and
      <a rel="noopener noreferrer" target="_blank">
       recovering
      </a>
      prices, the evaporating liquidity of
      <a rel="noopener noreferrer" target="_blank">
       some
      </a>
      crypto firms, and, more recently,
      <a rel="noopener noreferrer" target="_blank">
       enforcement
      </a>
      by U.S. regulators (more on this later) — one overlooked theme has been the ever-growing number of crypto bills gaining momentum in the U.S. Congress. According to
      <a rel="noopener noreferrer" target="_blank">
       Forbes
      </a>
      , at least 50 (!) digital asset bills and resolutions have been proposed in the last year, not to mention President Biden’s March
      <a rel="noopener noreferrer" target="_blank">
       executive order
      </a>
      to create a legal framework for crypto. This week, we’re taking a closer look at some of the most recent proposed legislation. Let’s dig in.
     </p>
     <!--[if mso]><ul style="line-height:1.6;mso-line-height-alt:26px;"><![endif]-->
     <!--[if !mso]><!-- -->
     <ul style="margin: 10px 0px 0px; padding-left: 24px; line-height: 1.6;">
      <!--<![endif]-->
      <li style="margin: 0px; padding: 6px 0px;">
       <strong>
        Earlier this month, Sens. Debbie Stabenow (D-MI) and John Boozman (R-AR) introduced a bill recognizing both BTC and ETH as digital commodities.
       </strong>
       The bill gives the Commodity Futures Trading Commission (CFTC) jurisdiction over “digital commodities,” and defines that term to broadly capture potentially a lot more than just the top-two cryptocurrencies. The
       <a rel="noopener noreferrer" target="_blank">
        Digital Commodities Consumer Protection Act
       </a>
       would create federal standards for crypto commodity trading and help clarify how crypto commodity
       <a rel="noopener noreferrer" target="_blank">
        spot
       </a>
       markets should work. So far, the bill has been met
       <a rel="noopener noreferrer" target="_blank">
        favorably
       </a>
       by most of the crypto industry, as well as
       <a rel="noopener noreferrer" target="_blank">
        consumer groups
       </a>
       .
      </li>
      <li style="margin: 0px; padding: 6px 0px;">
       <strong>
        In June, Sens. Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY) proposed a bill which they described as a “complete regulatory framework for digital assets.”
       </strong>
       Their
       <a rel="noopener noreferrer" target="_blank">
        Responsible Financial Innovation Act
       </a>
       would also classify many cryptocurrencies as commodities; create tax exemptions for crypto transactions up to $200 as well as for miners’
       <a rel="noopener noreferrer" target="_blank">
        block rewards
       </a>
       ; require
       <a rel="noopener noreferrer" target="_blank">
        stablecoins
       </a>
       to be fully backed by “high-quality liquid assets” like U.S dollars; and ask the Treasury Department to study potential use-cases of
       <a rel="noopener noreferrer" target="_blank">
        DeFi
       </a>
       . The crypto industry's response was largely positive for this bill, too. Sheila Warren, CEO of Crypto Council for Innovation said the bill could help the U.S. “retain its leadership role as a global innovator.”
      </li>
      <li style="margin: 0px; padding: 6px 0px;">
       <strong>
        There are also two bipartisan bills focused on stablecoins and crypto transaction taxes that are in the legislative pipeline.
       </strong>
       At the end of July, Sens. Pat Toomey (R-PA) and Kyrsten Sinema (D-AZ) introduced a bill that would
       <a rel="noopener noreferrer" target="_blank">
        exempt
       </a>
       crypto transactions under $50 from
       <a rel="noopener noreferrer" target="_blank">
        capital gains
       </a>
       taxes. Meanwhile, House Financial Services Committee Chairwoman Maxine Waters (D-CA) and Ranking Member Patrick McHenry (R-NC) are negotiating a bill — now
       <a rel="noopener noreferrer" target="_blank">
        delayed
       </a>
       until after August — that would establish federal oversight of stablecoins. While the details are still being worked out, the bill is expected to provide a path for nonbanks (like Circle, which issues USDC) as well as banks to become regulated stablecoin issuers. Approved firms would also need to fully back stablecoins with highly liquid assets like cash or short-term government debt. (Read Coinbase’s latest
       <a rel="noopener noreferrer" target="_blank">
        stablecoin research
       </a>
       .)
      </li>
     </ul>
     <p style="margin: 0px; padding: 0px;">
     </p>
     <p style="margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">
      <strong>
       Why it matters…
      </strong>
      Over the last several weeks, you may have caught headlines about the SEC’s allegations that certain cryptocurrencies are securities (read here why
      <a rel="noopener noreferrer" target="_blank">
       Coinbase doesn’t list securities
      </a>
      ), or seen stories about the U.S. Treasury Department sanctioning a virtual currency mixer called
      <a rel="noopener noreferrer" target="_blank">
       Tornado Cash
      </a>
      — a mixer is a
      <a rel="noopener noreferrer" target="_blank">
       neutral piece of code
      </a>
      that enhances privacy while transacting, which can be needed, for example, to safely provide support to particular causes (more on that below in Takes). Though the details in each instance are different, some have criticized these actions as
      <a rel="noopener noreferrer" target="_blank">
       regulation by enforcement
      </a>
      , or resolving regulatory questions through litigation instead of the typical rule making process that engages with the public and experts. Only time will tell how crypto regulation develops in the U.S. and around the world.
     </p>
     <div class="cta_button" style="margin: 24px 0px 0px; padding: 0px; width: 50%;">
      <!--[if mso]><table width="100%" cellpadding="0" cellspacing="0" border="0" style="border-spacing:0;border-collapse:collapse;mso-table-lspace:0pt;mso-table-rspace:0pt;"><tr><td style="padding:0;" align="left"> <v:roundrect xmlns:v="urn:schemas-microsoft-com:vml" xmlns:w="urn:schemas-microsoft-com:office:word" href="https://links.coinbase.com/a/click?_t=3aca56371967418192255878e9689713&_m=02b48d43a9414ebea58bc4deb2fe6e71&_e=4REkQkWll56aYj6JSdyXM26rQQlRo6xoYIVgd_v-Ir0cmNP2bg1QSA31SotJD3qn2zGdwygPOqTg72Q_QUclTlVGVr74CllXC_1gJqGxw-sZZHbzySZerfJ66dO71X-ZoFvy5xZOpI70tEy4uQZXvpm9MQAL0BUHEUdjhGayAgNnv1xE14UMgcgrhNjcWlTJs8pMZLrXyvcqUjYnKEVpSSMXESA7-5vik28A6gBcUFo35iqJ7vx3MK0uySmh2RkgRBGbm4q60aGSXEE5XCkgmieZcig5npuZNXAE0sNAFnDIVTzqBSC7uceln_t11EmGEpht_0FUbB1ZgPXL_onpTAMdQI-Djq3sIRYNcBZkm4qV4zqcAnwT2IwxdrpniGm0Rqt61OVEcn2Ia1jWZLgPVes4K7c_NEWlBIoSe6ekLgw%3D" style="width:350pt;v-text-anchor:middle;" arcsize="17%" stroke="false" fillcolor="#0052ff"> <w:anchorlock/><v:textbox inset="0,0,0,0"><center style="font-family: Helvetica Neue, Helvetica, Arial, sans-serif;"><![endif]-->
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       <strong>
        Explore policy research
       </strong>
      </a>
      <!--[if mso]></center></v:textbox></v:roundrect></td></tr></table><![endif]-->
     </div>
     <table role="presentation" style="table-layout: fixed; vertical-align: top; border-spacing: 0px; border-collapse: collapse; min-width: 100%; text-size-adjust: 100%;" valign="top" width="100%">
      <tbody>
       <tr style="vertical-align: top;">
        <td style="word-break: break-word; vertical-align: top; min-width: 100%; text-size-adjust: 100%; padding: 48px 0px;" valign="top">
         <table align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="table-layout: fixed; vertical-align: top; border-spacing: 0px; border-collapse: collapse; border-top: 2px solid rgb(222, 224, 226); width: 100%;" valign="top" width="100%">
          <tbody>
           <tr style="vertical-align: top;">
            <td style="word-break: break-word; vertical-align: top; text-size-adjust: 100%;" valign="top">
             <span>
             </span>
            </td>
           </tr>
          </tbody>
         </table>
        </td>
       </tr>
      </tbody>
     </table>
     <div>
      <table style="margin: 0px; padding: 0px;">
       <tbody>
        <tr>
         <td style="margin: 0px; padding-right: 11px; vertical-align: middle;">
          <img height="12" src="https://inboxflows.com/_/image/https%253A%252F%252Fd15k2d11r6t6rl.cloudfront.net%252Fpublic%252Fusers%252FIntegrators%252F669d5713-9b6a-46bb-bd7e-c542cff6dd6a%252F3aca56371967418192255878e9689713%252Fdot-1.5x.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1oOUZ9:B2N2XOBTX_KFeUVDSSCmk_jwSoFAFGyyjq_lr2u3W80" style="display: block; width: 12px; height: 12px;" width="12"/>
         </td>
         <td style="margin: 0px; padding: 0px; vertical-align: middle;">
          <p style="margin: 0px; font-size: 16px; letter-spacing: 0.075em;">
           <strong>
            TAKES
           </strong>
          </p>
         </td>
        </tr>
       </tbody>
      </table>
      <p style="margin: 5px 0px 0px; font-size: 32px; line-height: 1.26; word-break: break-word;">
       <strong>
        Terra’s Do Kwon on UST’s infamous collapse, and other key quotes from across the cryptoverse
       </strong>
      </p>
     </div>
     <p style="margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">
      <strong>
       Terra apologia...
      </strong>
      “I bet big and I think I lost,” was how Terraform Labs co-founder Do Kwon described the now-infamous collapse of Terra’s algorithmic UST stablecoin in an
      <a rel="noopener noreferrer" target="_blank">
       interview
      </a>
      with Coinage Media, released on Monday. Earlier this summer, Kwon had defended himself in the Wall Street Journal by
      <a rel="noopener noreferrer" target="_blank">
       saying
      </a>
      “my actions 100% match my words. There is a difference between failing and running a fraud.”
     </p>
     <p style="margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">
      <strong>
       Monkey business…
      </strong>
      “While Web3 is making a lot of attempts at finding other ways of communicating with people, if you're trying to hit email, you're kind of stuck with platforms like Mailchimp,” was the reaction of
      <a rel="noopener noreferrer" target="_blank">
       Edge
      </a>
      Wallet CEO Paul Puey after his company’s account was suspended from the well-known email marketing platform, along with the accounts of crypto research firm
      <a rel="noopener noreferrer" target="_blank">
       Messari
      </a>
      and crypto news site Decrypt, among others. As Decrypt
      <a rel="noopener noreferrer" target="_blank">
       notes
      </a>
      , this is not the first time Mailchimp has removed reputable crypto companies from its platform, nor is it alone among major email service providers in restricting crypto company communications. Messari founder Ryan Selkis’
      <a rel="noopener noreferrer" target="_blank">
       reaction
      </a>
      to the suspension illustrated a key motivator for moving from a centralized web2 toward a decentralized web3: “You're proving our point. Mailchimp—and all speech censors—must be destroyed.”
     </p>
     <p style="margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">
      <strong>
      </strong>
     </p>
     <p style="margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">
      <strong>
       In the mix…
      </strong>
      “I'll out myself as someone who has used TC to donate to this exact cause,”
      <a rel="noopener noreferrer" target="_blank">
       said
      </a>
      Ethereum Co-Founder Vitalik Buterin about a donation he had made to support Ukraine using crypto mixer platform Tornado Cash. In the wake of the U.S. Treasury Department’s sanctions against Tornado Cash for allegedly laundering ill-gotten funds, the ability to maintain anonymity when donating to causes such as Ukraine was pointed to as one of the important use cases for mixer platforms.
     </p>
     <div class="cta_button" style="margin: 24px 0px 0px; padding: 0px; width: 50%;">
      <!--[if mso]><table width="100%" cellpadding="0" cellspacing="0" border="0" style="border-spacing:0;border-collapse:collapse;mso-table-lspace:0pt;mso-table-rspace:0pt;"><tr><td style="padding:0;" align="left"> <v:roundrect xmlns:v="urn:schemas-microsoft-com:vml" xmlns:w="urn:schemas-microsoft-com:office:word" href="https://links.coinbase.com/a/click?_t=3aca56371967418192255878e9689713&_m=02b48d43a9414ebea58bc4deb2fe6e71&_e=4REkQkWll56aYj6JSdyXM26rQQlRo6xoYIVgd_v-Ir32jk8OhuClRyvZVlXKc7Qx7GDfVl3KqEQ4WkOsxr6dBYmzVRwsPMbolnK5npJYyzIN7GeLzohSSPHPxqFY4_8zY1ojIM_8dfeD3Oe-uJTv-UzGtX04eTuB4R75dL2xHh0ZxeQCdbCorefPgwdZJqvca2pcGMd2ieIdpPnQNix6677MpYJmIuxuKF5ovM-KV-b3H3iEa5gk7B370W_rm-hXrM-8srYDxQP9zwILOGnnhu8FQpx1RmN1cjOafjv0tRygemD1iCw5JEpo8lKe4yAVLSRpI3AYtrR6uadWvFPmkoWabXZflvTbAqpulBdIpVHwEHJrcRCbSxSzCZovp7lIxDGELf4Tf9xB5oAP15vGrquJtRvwd5xNCxCjHMwInovwm20x_eE15PShJdB_RQPnydXNCKeHGcWLNjh14yb8rQ%3D%3D" style="width:350pt;v-text-anchor:middle;" arcsize="17%" stroke="false" fillcolor="#0052ff"> <w:anchorlock/><v:textbox inset="0,0,0,0"><center style="font-family: Helvetica Neue, Helvetica, Arial, sans-serif;"><![endif]-->
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       <strong>
        Learn how to donate crypto
       </strong>
      </a>
      <!--[if mso]></center></v:textbox></v:roundrect></td></tr></table><![endif]-->
     </div>
     <a rel="noopener noreferrer" target="_blank">
      <!--[if !mso]><!-- -->
      <div class="desktop_hide" style="display: none; max-height: 0px; overflow: hidden;">
       <img src="https://inboxflows.com/_/image/https%253A%252F%252Fimages.ctfassets.net%252Fq5ulk4bp65r7%252F4teCjcLjem1niYca1gZAL2%252F7d35fb7498879e1bbb5eb8ec8946e948%252Fcoinbase_bytes_recurringbuys_650x360px.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZpbWFnZXMuY3RmYSJ9:1oOUZ9:dAhPwaB47I8qktofbLKtFPpwLS5_ZCoopNPrNIRCe58" style="display: block; width: 100%; margin: 64px 0px;" width="100%"/>
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     <div style="margin-bottom: 16px;">
      <table style="margin: 0px; padding: 0px;">
       <tbody>
        <tr>
         <td style="margin: 0px; padding: 0px; vertical-align: middle;">
          <p style="margin: 0px; font-size: 16px; letter-spacing: 0.075em;">
           <strong>
            NUMBERS TO KNOW
           </strong>
          </p>
         </td>
        </tr>
       </tbody>
      </table>
     </div>
     <p style="margin: 16px 0px 0px; font-size: 32px;">
      <strong>
       58,750,000,000,000,000,000,000
      </strong>
     </p>
     <p style="margin: 4px 0px 0px; line-height: 1.6; word-break: break-word;">
      That is (approximately) how many
      <a rel="noopener noreferrer" target="_blank">
       hashes
      </a>
      are left to mine on Ethereum’s proof-of-work network as the blockchain prepares to execute its long-awaited “
      <a rel="noopener noreferrer" target="_blank">
       merge
      </a>
      ” to a proof-of-stake network. Given the current
      <a rel="noopener noreferrer" target="_blank">
       hash rate
      </a>
      , the merge is predicted to take place on September 15, 2022. As JPMorgan
      <a rel="noopener noreferrer" target="_blank">
       noted
      </a>
      in a recent research report, “the role of miners will effectively end when the transition takes place.”
     </p>
     <p style="margin: 16px 0px 0px; font-size: 32px;">
      <strong>
       76%
      </strong>
     </p>
     <p style="margin: 4px 0px 0px; line-height: 1.6; word-break: break-word;">
      The global percentage increase of LinkedIn members working in the blockchain industry compared to last year, according to a new
      <a rel="noopener noreferrer" target="_blank">
       report
      </a>
      from the professional social network and crypto exchange OKX. The report found that the U.S., India, and China lead the field for global blockchain talent, while the U.S., China, and France are the top three countries in terms of demand for blockchain talent.
     </p>
     <p style="margin: 16px 0px 0px; font-size: 32px;">
      <strong>
       1
      </strong>
     </p>
     <p style="margin: 4px 0px 0px; line-height: 1.6; word-break: break-word;">
      The number of crypto-and-metaverse-related trademark applications
      <a rel="noopener noreferrer" target="_blank">
       filed
      </a>
      jointly by powerhouse Spanish football clubs (and archrivals) Barcelona and Real Madrid covering their plans for everything from e-wallet software to virtual clothing. The La Liga giants are part of a growing trend of football clubs, and footballers, submitting such applications — earlier this year French club
      <a rel="noopener noreferrer" target="_blank">
       Paris Saint-Germain
      </a>
      (home to superstars Lionel Messi, Neymar and Kylian Mbappe) made a similar crypto and web3-focused trademark filing, as did England legend David Beckham.
     </p>
     <div class="cta_button" style="margin: 24px 0px 0px; padding: 0px; width: 50%;">
      <!--[if mso]><table width="100%" cellpadding="0" cellspacing="0" border="0" style="border-spacing:0;border-collapse:collapse;mso-table-lspace:0pt;mso-table-rspace:0pt;"><tr><td style="padding:0;" align="left"> <v:roundrect xmlns:v="urn:schemas-microsoft-com:vml" xmlns:w="urn:schemas-microsoft-com:office:word" href="https://links.coinbase.com/a/click?_t=3aca56371967418192255878e9689713&_m=02b48d43a9414ebea58bc4deb2fe6e71&_e=4REkQkWll56aYj6JSdyXM26rQQlRo6xoYIVgd_v-Ir32jk8OhuClRyvZVlXKc7QxUZTfojsZtAPkHYFPKvSWmZ_3bwioHlRbwPJ14LyjhjVwO1Cvxuy82tkysz6aYw25T3REfnkHp_3DmtoPoZqMSFoDXSGykunks1Wpl8m6Id-_RBM5sujdwlrnyAet3hgkDy9Zbhu1ck3N-5zeOKigxTJZ6ZvCiTj9DbfZtvxi-eRGDpD6-bIovsgbtpGLXT2-LlYl-ScXAdo3robUSKQ_sKqZBRmVt2CiAEmy92jiq0TAtY17PQaqntH9YDIRamhS60GcEQ-dtPYcTvKvh8EGzBLg9H1wpiwF5Y9fTLdEtpGYYfm48Udj-byBaho2K63KdbYtpXRpWZsHdGWLDdVKDLBtNFV9jPix6iX8tQT7YWcpCYOPRC-xXT3i7OKbJLxHBE0vt8_9-y3B7ow0UU4C8vrEsyblRxvYnqE0TNlWGWM%3D" style="width:350pt;v-text-anchor:middle;" arcsize="17%" stroke="false" fillcolor="#0052ff"> <w:anchorlock/><v:textbox inset="0,0,0,0"><center style="font-family: Helvetica Neue, Helvetica, Arial, sans-serif;"><![endif]-->
      <a rel="noopener noreferrer" style="display: block; margin: 0px; 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-align: center; padding: 18px 0px;" target="_blank">
       <strong>
        Read up on proof of stake
       </strong>
      </a>
      <!--[if mso]></center></v:textbox></v:roundrect></td></tr></table><![endif]-->
     </div>
     <table role="presentation" style="table-layout: fixed; vertical-align: top; border-spacing: 0px; border-collapse: collapse; min-width: 100%; text-size-adjust: 100%;" valign="top" width="100%">
      <tbody>
       <tr style="vertical-align: top;">
        <td style="word-break: break-word; vertical-align: top; min-width: 100%; text-size-adjust: 100%; padding: 48px 0px;" valign="top">
         <table align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="table-layout: fixed; vertical-align: top; border-spacing: 0px; border-collapse: collapse; border-top: 2px solid rgb(222, 224, 226); width: 100%;" valign="top" width="100%">
          <tbody>
           <tr style="vertical-align: top;">
            <td style="word-break: break-word; vertical-align: top; text-size-adjust: 100%;" valign="top">
             <span>
             </span>
            </td>
           </tr>
          </tbody>
         </table>
        </td>
       </tr>
      </tbody>
     </table>
     <div>
      <table style="margin: 0px; padding: 0px;">
       <tbody>
        <tr>
         <td style="margin: 0px; padding-right: 11px; vertical-align: middle;">
          <img height="12" src="https://inboxflows.com/_/image/https%253A%252F%252Fd15k2d11r6t6rl.cloudfront.net%252Fpublic%252Fusers%252FIntegrators%252F669d5713-9b6a-46bb-bd7e-c542cff6dd6a%252F3aca56371967418192255878e9689713%252Fdot-1.5x.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1oOUZ9:B2N2XOBTX_KFeUVDSSCmk_jwSoFAFGyyjq_lr2u3W80" style="display: block; width: 12px; height: 12px;" width="12"/>
         </td>
         <td style="margin: 0px; padding: 0px; vertical-align: middle;">
          <p style="margin: 0px; font-size: 16px; letter-spacing: 0.075em;">
           <strong>
            AROUND COINBASE
           </strong>
          </p>
         </td>
        </tr>
       </tbody>
      </table>
      <p style="margin: 5px 0px 0px; font-size: 32px; line-height: 1.26; word-break: break-word;">
       <strong>
        Updates on the Ethereum merge, USDC, and Bitcoin’s Lightning Network
       </strong>
      </p>
     </div>
     <!--[if mso]><ul style="line-height:1.6;mso-line-height-alt:26px;"><![endif]-->
     <!--[if !mso]><!-- -->
     <ul style="margin: 10px 0px 0px; padding-left: 24px; line-height: 1.6;">
      <!--<![endif]-->
      <li style="margin: 0px; padding: 6px 0px;">
       With the Ethereum merge fast approaching, here’s a
       <a rel="noopener noreferrer" target="_blank">
        guide
       </a>
       to what users can expect from Coinbase when the merge takes place (TL;DR: no action is required on your part!).
      </li>
      <li style="margin: 0px; padding: 6px 0px;">
       Stablecoins are a critical part of creating a more open financial system. That’s why Coinbase co-founded the Centre Consortium, to invest in the build of
       <a rel="noopener noreferrer" target="_blank">
        USDC
       </a>
       , the second largest stablecoin by market capitalization. Learn more about Coinbase’s thinking on USDC with this
       <a rel="noopener noreferrer" target="_blank">
        article
       </a>
       from our company blog.
      </li>
      <li style="margin: 0px; padding: 6px 0px;">
       The Lightning Network is a layer-2 protocol built on top of Bitcoin that can, theoretically, enable millions of instant transactions per second at little cost, overcoming a major Bitcoin network limitation when it comes to scalability. But how likely is the Lightning Network to achieve this goal? The
       <a rel="noopener noreferrer" target="_blank">
        latest deep dive
       </a>
       from Coinbase Ventures’ Around the Block unpacks the question.
      </li>
      <li style="margin: 0px; padding: 6px 0px;">
       Chief Product Officer Surojit Chatterjee joined Laura Shin’s Unchained podcast to discuss how Coinbase is integrating its main app with web3 and how crypto can become a utility asset rather than simply a tradable asset.
       <a rel="noopener noreferrer" target="_blank">
        Listen here
       </a>
       .
      </li>
     </ul>
     <p style="margin: 0px; padding: 0px;">
     </p>
     <table role="presentation" style="table-layout: fixed; vertical-align: top; border-spacing: 0px; border-collapse: collapse; min-width: 100%; text-size-adjust: 100%;" valign="top" width="100%">
      <tbody>
       <tr style="vertical-align: top;">
        <td style="word-break: break-word; vertical-align: top; min-width: 100%; text-size-adjust: 100%; padding: 48px 0px;" valign="top">
         <table align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="table-layout: fixed; vertical-align: top; border-spacing: 0px; border-collapse: collapse; border-top: 2px solid rgb(222, 224, 226); width: 100%;" valign="top" width="100%">
          <tbody>
           <tr style="vertical-align: top;">
            <td style="word-break: break-word; vertical-align: top; text-size-adjust: 100%;" valign="top">
             <span>
             </span>
            </td>
           </tr>
          </tbody>
         </table>
        </td>
       </tr>
      </tbody>
     </table>
     <div>
      <table style="margin: 0px; padding: 0px;">
       <tbody>
        <tr>
         <td style="margin: 0px; padding-right: 11px; vertical-align: middle;">
          <img height="12" src="https://inboxflows.com/_/image/https%253A%252F%252Fd15k2d11r6t6rl.cloudfront.net%252Fpublic%252Fusers%252FIntegrators%252F669d5713-9b6a-46bb-bd7e-c542cff6dd6a%252F3aca56371967418192255878e9689713%252Fdot-1.5x.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1oOUZ9:B2N2XOBTX_KFeUVDSSCmk_jwSoFAFGyyjq_lr2u3W80" style="display: block; width: 12px; height: 12px;" width="12"/>
         </td>
         <td style="margin: 0px; padding: 0px; vertical-align: middle;">
          <p style="margin: 0px; font-size: 16px; letter-spacing: 0.075em;">
           <strong>
            TOKEN TRIVIA
           </strong>
          </p>
         </td>
        </tr>
       </tbody>
      </table>
      <p style="margin: 5px 0px 0px; font-size: 32px; line-height: 1.26; word-break: break-word;">
       <strong>
        What was the name of Ethereum’s first testnet merge?
       </strong>
      </p>
     </div>
     <div style="margin-top: 16px;">
      <table style="line-height: 1.6; word-break: break-word;">
       <tbody>
        <tr>
         <td style="padding-right: 12px;">
          <strong>
           A
          </strong>
         </td>
         <td>
          Goerli
         </td>
        </tr>
        <tr>
         <td style="padding-right: 12px; padding-top: 12px;">
          <strong>
           B
          </strong>
         </td>
         <td style="padding-top: 12px;">
          Ropsten
         </td>
        </tr>
        <tr>
         <td style="padding-right: 12px; padding-top: 12px;">
          <strong>
           C
          </strong>
         </td>
         <td style="padding-top: 12px;">
          Sepolia
         </td>
        </tr>
        <tr>
         <td style="padding-right: 12px; padding-top: 12px;">
          <strong>
           D
          </strong>
         </td>
         <td style="padding-top: 12px;">
          2ETH 2Furious
         </td>
        </tr>
       </tbody>
      </table>
     </div>
     <p style="margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">
      Find the answer at the end of the email.
     </p>
     <div class="cta_button" style="margin: 24px 0px 0px; padding: 0px; width: 50%;">
      <!--[if mso]><table width="100%" cellpadding="0" cellspacing="0" border="0" style="border-spacing:0;border-collapse:collapse;mso-table-lspace:0pt;mso-table-rspace:0pt;"><tr><td style="padding:0;" align="left"> <v:roundrect xmlns:v="urn:schemas-microsoft-com:vml" xmlns:w="urn:schemas-microsoft-com:office:word" href="https://links.coinbase.com/a/click?_t=3aca56371967418192255878e9689713&_m=02b48d43a9414ebea58bc4deb2fe6e71&_e=4REkQkWll56aYj6JSdyXM26rQQlRo6xoYIVgd_v-Ir32jk8OhuClRyvZVlXKc7QxixrLs4yPPM-igDL30p0uLvQvmRDKsctD8zHRe4Y7l1jXqeCzWSzu9Tx1Vl-xT3_bo-LoOsV5QF_TR3xLkI0WKedhrG93AzvZj5PhPZ5XxWYTKn7xBoQ3HO9sEMvtnTInFuV4ePrjePzFFNviUmFN0EoS8WWUtZQn-ik8mzBm25gpwbxeO7hpc8qaW2R3SyJDKjXfcl5j2FHxgGiYlbMtr4hUXaagxewzddLVbCjXzmYNpHLs1y4WV8e65JOMIgxpZc3Pp5qQb8EmlYU7ZSjXXgy1PAuBjmwHxIqamCHYyRz6AuVmm0g9kXkmm4YghlCt51abLCfmy-3YbN53HokxqFTfyI3amcQpCcpHu8drX4njNt9Fy3cWDAdLc46um2BM" style="width:350pt;v-text-anchor:middle;" arcsize="17%" stroke="false" fillcolor="#0052ff"> <w:anchorlock/><v:textbox inset="0,0,0,0"><center style="font-family: Helvetica Neue, Helvetica, Arial, sans-serif;"><![endif]-->
      <a rel="noopener noreferrer" style="display: block; margin: 0px; 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-align: center; padding: 18px 0px;" target="_blank">
       <strong>
        Learn about the merge
       </strong>
      </a>
      <!--[if mso]></center></v:textbox></v:roundrect></td></tr></table><![endif]-->
     </div>
     <table role="presentation" style="table-layout: fixed; vertical-align: top; border-spacing: 0px; border-collapse: collapse; min-width: 100%; text-size-adjust: 100%;" valign="top" width="100%">
      <tbody>
       <tr style="vertical-align: top;">
        <td style="word-break: break-word; vertical-align: top; min-width: 100%; text-size-adjust: 100%; padding: 48px 0px;" valign="top">
         <table align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="table-layout: fixed; vertical-align: top; border-spacing: 0px; border-collapse: collapse; border-top: 2px solid rgb(222, 224, 226); width: 100%;" valign="top" width="100%">
          <tbody>
           <tr style="vertical-align: top;">
            <td style="word-break: break-word; vertical-align: top; text-size-adjust: 100%;" valign="top">
             <span>
             </span>
            </td>
           </tr>
          </tbody>
         </table>
        </td>
       </tr>
      </tbody>
     </table>
     <div>
      <table style="margin: 0px; padding: 0px;">
       <tbody>
        <tr>
         <td style="margin: 0px; padding-right: 11px; vertical-align: middle;">
          <img height="12" src="https://inboxflows.com/_/image/https%253A%252F%252Fd15k2d11r6t6rl.cloudfront.net%252Fpublic%252Fusers%252FIntegrators%252F669d5713-9b6a-46bb-bd7e-c542cff6dd6a%252F3aca56371967418192255878e9689713%252Fdot-1.5x.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1oOUZ9:B2N2XOBTX_KFeUVDSSCmk_jwSoFAFGyyjq_lr2u3W80" style="display: block; width: 12px; height: 12px;" width="12"/>
         </td>
         <td style="margin: 0px; padding: 0px; vertical-align: middle;">
          <p style="margin: 0px; font-size: 16px; letter-spacing: 0.075em;">
           <strong>
            NOW TRADING ON COINBASE
           </strong>
          </p>
         </td>
        </tr>
       </tbody>
      </table>
     </div>
     <a rel="noopener noreferrer" style="color: rgb(10, 11, 13); text-decoration: none;" target="_blank">
     </a>
     <table style="margin: 16px 0px 0px; width: 100%;">
      <tbody>
       <tr>
        <td style="font-size: 32px; line-height: 1.26; word-break: break-word; vertical-align: middle; white-space: nowrap;">
         <strong>
          GUSD
         </strong>
        </td>
        <td style="vertical-align: middle; padding-left: 12px;">
         <img height="26" src="https://inboxflows.com/_/image/https%253A%252F%252Fdynamic-assets.coinbase.com%252F87c833a8b7f8cdd1e6a9a0714d5a3dbef9bff519e84361b85f752943bfea9fad0d14d881229fcb7fc2320e5d623353cc75b4ae272da4647c20965c0849d882da%252Fasset_icons%252F750672273221f0a26fc9730fa942f4f7804c6308b04e43860c31a16bdda92a3a.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkeW5hbWljLWFzcyJ9:1oOUZ9:SBinoga_6hP-ZPbiVJKbDbCuG-JNGslownIyf84auYY" style="display: block; width: 26px; height: 26px; vertical-align: middle;" width="26"/>
        </td>
        <td style="vertical-align: middle; text-align: right; width: 100%;">
         <img height="18" src="https://inboxflows.com/_/image/https%253A%252F%252Fd15k2d11r6t6rl.cloudfront.net%252Fpublic%252Fusers%252FIntegrators%252F669d5713-9b6a-46bb-bd7e-c542cff6dd6a%252F3aca56371967418192255878e9689713%252FNewsletter%2520Assets%252Fnewlistings_light.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1oOUZ9:B2N2XOBTX_KFeUVDSSCmk_jwSoFAFGyyjq_lr2u3W80" style="width: 21px; height: 18px; vertical-align: middle;" width="21"/>
        </td>
       </tr>
      </tbody>
     </table>
     <p style="margin: 0px; line-height: 1.6;">
      GUSD is a stablecoin running on Ethereum that attempts to maintain a value of US $1.00.
     </p>
     <a rel="noopener noreferrer" style="color: rgb(10, 11, 13); text-decoration: none;" target="_blank">
     </a>
     <table style="margin: 16px 0px 0px; width: 100%;">
      <tbody>
       <tr>
        <td style="font-size: 32px; line-height: 1.26; word-break: break-word; vertical-align: middle; white-space: nowrap;">
         <strong>
          CELR
         </strong>
        </td>
        <td style="vertical-align: middle; padding-left: 12px;">
         <img height="26" src="https://inboxflows.com/_/image/https%253A%252F%252Fdynamic-assets.coinbase.com%252F4323e24fc0ea4bef224bb2d9ae157e358e634c11deb4578766d84023142ff752b674ffd3c06bfe4c0588c21e754e9e0ceef4e0ec6fa8925ab96caa639914c287%252Fasset_icons%252F327d63f3d2e25896e7adddc2730ac8e373adbd1320f34cb301542c7997e633b9.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkeW5hbWljLWFzcyJ9:1oOUZ9:SBinoga_6hP-ZPbiVJKbDbCuG-JNGslownIyf84auYY" style="display: block; width: 26px; height: 26px; vertical-align: middle;" width="26"/>
        </td>
        <td style="vertical-align: middle; text-align: right; width: 100%;">
         <img height="18" src="https://inboxflows.com/_/image/https%253A%252F%252Fd15k2d11r6t6rl.cloudfront.net%252Fpublic%252Fusers%252FIntegrators%252F669d5713-9b6a-46bb-bd7e-c542cff6dd6a%252F3aca56371967418192255878e9689713%252FNewsletter%2520Assets%252Fnewlistings_light.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1oOUZ9:B2N2XOBTX_KFeUVDSSCmk_jwSoFAFGyyjq_lr2u3W80" style="width: 21px; height: 18px; vertical-align: middle;" width="21"/>
        </td>
       </tr>
      </tbody>
     </table>
     <p style="margin: 0px; line-height: 1.6;">
      CELR is an Ethereum token that powers the Celer Network, a layer-2 scaling platform to build fast, easy-to-use, low-cost and secure blockchain applications at internet scale.
     </p>
     <a rel="noopener noreferrer" style="color: rgb(10, 11, 13); text-decoration: none;" target="_blank">
     </a>
     <table style="margin: 16px 0px 0px; width: 100%;">
      <tbody>
       <tr>
        <td style="font-size: 32px; line-height: 1.26; word-break: break-word; vertical-align: middle; white-space: nowrap;">
         <strong>
          STG
         </strong>
        </td>
        <td style="vertical-align: middle; padding-left: 12px;">
         <img height="26" src="https://inboxflows.com/_/image/https%253A%252F%252Fdynamic-assets.coinbase.com%252F064c51afdf4ee600f680127e68477d702947e4d8b91fb7ec609b51589f49b89c0c4f6f995a3c1ffd13807369c5dd4fbc1c2f36b7e88c67228b2e0df96a5093c9%252Fasset_icons%252Feda1673602614f40fe85b7d26fb5da8e9be9cf6427b680dd7384a64e13d28427.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkeW5hbWljLWFzcyJ9:1oOUZ9:SBinoga_6hP-ZPbiVJKbDbCuG-JNGslownIyf84auYY" style="display: block; width: 26px; height: 26px; vertical-align: middle;" width="26"/>
        </td>
        <td style="vertical-align: middle; text-align: right; width: 100%;">
         <img height="18" src="https://inboxflows.com/_/image/https%253A%252F%252Fd15k2d11r6t6rl.cloudfront.net%252Fpublic%252Fusers%252FIntegrators%252F669d5713-9b6a-46bb-bd7e-c542cff6dd6a%252F3aca56371967418192255878e9689713%252FNewsletter%2520Assets%252Fnewlistings_light.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1oOUZ9:B2N2XOBTX_KFeUVDSSCmk_jwSoFAFGyyjq_lr2u3W80" style="width: 21px; height: 18px; vertical-align: middle;" width="21"/>
        </td>
       </tr>
      </tbody>
     </table>
     <p style="margin: 0px; line-height: 1.6;">
      STG is an Ethereum token that powers the Stargate Finance ecosystem.
     </p>
     <a rel="noopener noreferrer" style="color: rgb(10, 11, 13); text-decoration: none;" target="_blank">
     </a>
     <table style="margin: 16px 0px 0px; width: 100%;">
      <tbody>
       <tr>
        <td style="font-size: 32px; line-height: 1.26; word-break: break-word; vertical-align: middle; white-space: nowrap;">
         <strong>
          LOKA
         </strong>
        </td>
        <td style="vertical-align: middle; padding-left: 12px;">
         <img height="26" src="https://inboxflows.com/_/image/https%253A%252F%252Fdynamic-assets.coinbase.com%252Fe4f1fa774df43d147a75c5b268ffb454b3bea3b7fa932b9aa185bc8a385470f375c87446f4edf8e6f6c9042717aa8920c546252829aa6d9b08854d161f359caa%252Fasset_icons%252F40e6a100f94c1e0b48837e67b55dcd53239edbaf29b14ae910d15fca0419c20c.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkeW5hbWljLWFzcyJ9:1oOUZ9:SBinoga_6hP-ZPbiVJKbDbCuG-JNGslownIyf84auYY" style="display: block; width: 26px; height: 26px; vertical-align: middle;" width="26"/>
        </td>
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