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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;">
   A quick reference guide to L2s. Plus, why crypto markets have been so resilient in 2023.
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           01/03/2023
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      Layer 2 blockchains are sort of like HOV lanes on a highway. This week, we’re breaking down the basics. [Image via
      <a rel="noopener noreferrer" target="_blank">
       Gidon Wessner
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      ]
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      <strong>
       What’s up? It’s Coinbase Bytes
      </strong>
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     <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:
     </p>
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       <strong>
        Crypto’s correlation with stocks is weakening.
       </strong>
       A closer look at what analysts are saying and broader crypto market moves.
      </li>
      <li style="margin: 0px; padding: 6px 0px;">
       <strong>
        A quick guide to layer 2 blockchains.
       </strong>
       We’re breaking down what they are and why they’re making headlines.
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      <li style="margin: 0px; padding: 6px 0px;">
       <strong>
        Noteworthy numbers.
       </strong>
       The percentage of Americans who own crypto and other key stats from the week.
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               <p style="margin:0;">
                <strong>
                 Bitcoin
                </strong>
               </p>
               <p style="margin:8px 0px;">
                £19,741.05
               </p>
               <p style="margin:0;font-size:12px;">
                +0.37%
               </p>
              </div>
             </td>
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               <p style="margin:0;">
                <strong>
                 Ethereum
                </strong>
               </p>
               <p style="margin:8px 0px;">
                £1,379.37
               </p>
               <p style="margin:0;font-size:12px;">
                +3.35%
               </p>
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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;">
                £0.30
               </p>
               <p style="margin:0;font-size:12px;">
                -4.39%
               </p>
              </div>
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               <p style="margin:0;">
                <strong>
                 Dogecoin
                </strong>
               </p>
               <p style="margin:8px 0px;">
                £0.07
               </p>
               <p style="margin:0;font-size:12px;">
                -2.44%
               </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>
                 Polygon
                </strong>
               </p>
               <p style="margin:8px 0px;">
                £1.02
               </p>
               <p style="margin:0;font-size:12px;">
                -8.36%
               </p>
              </div>
             </td>
            </tr>
           </tbody>
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          <a style="text-decoration:none;color:#0A0B0D;" target="_blank">
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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;">
                £18.77
               </p>
               <p style="margin:0;font-size:12px;">
                -4.53%
               </p>
              </div>
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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;">
                £19,741.05
               </p>
               <p style="margin:0;font-size:12px;">
                +0.37%
               </p>
              </div>
             </td>
            </tr>
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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%252Fup-arrow.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1pXRHX:y0k29DWrbt6gfXLRGTUwtS1xSQgTfiO5j7E9h9oU_cA" 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;">
                £1,379.37
               </p>
               <p style="margin:0;font-size:12px;">
                +3.35%
               </p>
              </div>
             </td>
            </tr>
           </tbody>
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         <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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1pXRHX:y0k29DWrbt6gfXLRGTUwtS1xSQgTfiO5j7E9h9oU_cA" 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;">
                £0.30
               </p>
               <p style="margin:0;font-size:12px;">
                -4.39%
               </p>
              </div>
             </td>
            </tr>
           </tbody>
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        </tr>
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         <td style="padding-top:20px;">
          <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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1pXRHX:y0k29DWrbt6gfXLRGTUwtS1xSQgTfiO5j7E9h9oU_cA" 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;">
                -2.44%
               </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1pXRHX:y0k29DWrbt6gfXLRGTUwtS1xSQgTfiO5j7E9h9oU_cA" 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>
                 Polygon
                </strong>
               </p>
               <p style="margin:8px 0px;">
                £1.02
               </p>
               <p style="margin:0;font-size:12px;">
                -8.36%
               </p>
              </div>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
         <td style="padding-top:20px;">
          <a style="text-decoration:none;color:#0A0B0D;" target="_blank">
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             <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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1pXRHX:y0k29DWrbt6gfXLRGTUwtS1xSQgTfiO5j7E9h9oU_cA" 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>
                 Solana
                </strong>
               </p>
               <p style="margin:8px 0px;">
                £18.77
               </p>
               <p style="margin:0;font-size:12px;">
                -4.53%
               </p>
              </div>
             </td>
            </tr>
           </tbody>
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      </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 Mar 1, 2023 at 05:51 PM 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="https://links.coinbase.com/a/click?_t=3aca56371967418192255878e9689713&_m=e8fd304da62a4259bdc7a56f3dde8d8d&_e=1QcST1bh5473F4K_EKAVB5WjjP5qSSQWThdeENYmqHhhe0lvDCVBWYlUp5PG0AI-7oLKg0J1wT7kQ216lGQjDl-TOPwd8pEp_KyEAWteh-ptLhV6hDmHbqdSGmxYmnnY92lVIYXaF3gb9cyFQ7jC6mMEMHO_MCJ0xUabV1HKWqEoDsFQVyxUPITa4ppzK5YbFDwkZiZpTnzQU6uQszZTaDBDHPHS9ygNzoAyI-vhSchuOvQcypLkqZ8_zRaGoR9RkG_q4NKMJf2WhIVdUto4rWLnUu8wFWZ32NPhu_p24RPWYv9zV7Cxo2FokUvR6E-VMmUGPNRIf1P-wZv3acAAhw%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>
        See the latest prices
       </strong>
      </a>
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        <td style="word-break: break-word; vertical-align: top; min-width: 100%; text-size-adjust: 100%; padding: 48px 0px;" valign="top">
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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%252Fdot-1.5x.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1pXRHX:y0k29DWrbt6gfXLRGTUwtS1xSQgTfiO5j7E9h9oU_cA" 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>
            MARKET UPDATE
           </strong>
          </p>
         </td>
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       </tbody>
      </table>
      <p style="margin: 5px 0px 0px; font-size: 32px; line-height: 1.26; word-break: break-word;">
       <strong>
        Crypto markets have been resilient in 2023, but what’s next?
       </strong>
      </p>
     </div>
     <p style="margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">
      After a brief market rally to start the year, some crypto prognosticators dared to wonder: Is the bull market back? Any such proclamations appear to have been premature, especially as
      <a rel="noopener noreferrer" target="_blank">
       inflation
      </a>
      continues to plague the economy and the Federal Reserve marches ahead with interest-rate hikes. Still, crypto prices have proven resilient so far in 2023 in the shadow of FTX’s November collapse, with Bitcoin hovering above $23,000, and Ethereum north of $1,600.
     </p>
     <p style="margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">
      Here’s a look at what the latest crypto price action could mean for investors, and what to watch for moving forward.
     </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>
        After starting the year below $17,000 and $1,200 respectively, Bitcoin and Ethereum have both clocked more than 35% gains since Jan. 1
       </strong>
       . But some analysts, like Katie Stockton of Fairlead Strategies,
       <a rel="noopener noreferrer" target="_blank">
        believe
       </a>
       it's unlikely for BTC and ETH prices to top $25,000 and $1,670 without promising news on slowing inflation, the Fed’s rate-hike plan, or regulatory
       <a rel="noopener noreferrer" target="_blank">
        clarity
       </a>
       . Investors are also awaiting a new catalyst,
       <a rel="noopener noreferrer" target="_blank">
        said
       </a>
       Bernstein Research, such as a significant new crypto use-case or more meaningful institutional adoption.
      </li>
      <li style="margin: 0px; padding: 6px 0px;">
       <strong>
        Following a period of capital outflows that began in April 2022, funds returned to ETH and BTC at a rate of $4.5 billion per month through most of February.
       </strong>
       This means that for the first time in nearly a year, more money is
       <a rel="noopener noreferrer" target="_blank">
        flowing
       </a>
       into the top two cryptocurrencies than away from it, indicating a return in investor confidence. Another possible marker of shifting sentiment? The Crypto Fear and Greed
       <a rel="noopener noreferrer" target="_blank">
        Index
       </a>
       , which measures how investors feel about crypto markets on a scale from 0 to 100. After starting the year with a reading of 26, which indicates “extreme fear,” the index moved up to 53 on Tuesday, a “neutral” rating.
      </li>
      <li style="margin: 0px; padding: 6px 0px;">
       <strong>
        Finance giant
       </strong>
       <a rel="noopener noreferrer" target="_blank">
        <strong>
         Citi
        </strong>
       </a>
       <strong>
        recently noted that crypto markets have been decoupling from stock performance throughout 2023
       </strong>
       , bucking a trend from the last two years, during which crypto began to move in near-lockstep with U.S. equities markets (challenging BTC’s long-held
       <a rel="noopener noreferrer" target="_blank">
        inflation hedge
       </a>
       narrative). Bernstein Research
       <a rel="noopener noreferrer" target="_blank">
        observed
       </a>
       that the weakening correlation could be a bullish signal — since more than 90% of crypto trading happens outside the U.S., crypto markets could benefit from being driven by global capital flows rather than U.S. specific trends.
      </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>
      Though crypto prices have stabilized lately, investors will need to pay close attention to key data points like capital inflows as well as macroeconomic trends, such as next Friday’s employment report, for signals on what’s to come — even as crypto-stock correlation weakens, it's still a significant factor. Meanwhile, beyond the numbers looms an arguably even bigger factor: the growing
      <a rel="noopener noreferrer" target="_blank">
       threat
      </a>
      of SEC enforcement actions against key players in the industry.
     </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=e8fd304da62a4259bdc7a56f3dde8d8d&_e=1QcST1bh5473F4K_EKAVB5WjjP5qSSQWThdeENYmqHixF12UozxtDHViuoAV5Q2RWCvEpMWJhOIikMsGVPrRmK2_nwyiGT63v7Sp0olooPmETt4CFw4FAHzL9g8gC5-1vQzf85l1Oej4oWUIV1VgSOtKX9KigwGPijx5p2l2Sn50LYVutKN9sdpz26UzXHOlV3O_VtnI-RxXPuo3IWoq94LfJ8_BYewR0EE61NOLCKYxDujSgy1_O8NCVjgz7xYec9iaSbq_xc23IePzsHpmCV8lw5ovW6w3t_QZmQYPrjJFRIUSgihpHVwdYt6E9rkakadO8MCm1OFLfSw51wOBRWxyzOap6dlpa09zClduwoY%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 crypto basics
       </strong>
      </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%252Fdot-1.5x.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1pXRHX:y0k29DWrbt6gfXLRGTUwtS1xSQgTfiO5j7E9h9oU_cA" style="display: block; width: 12px; height: 12px;" width="12"/>
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         <td style="margin: 0px; padding: 0px; vertical-align: middle;">
          <p style="margin: 0px; font-size: 16px; letter-spacing: 0.075em;">
           <strong>
            LAYER UP
           </strong>
          </p>
         </td>
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       </tbody>
      </table>
      <p style="margin: 5px 0px 0px; font-size: 32px; line-height: 1.26; word-break: break-word;">
       <strong>
        Crypto fans keep talking about ‘layer 2s.’ What are they exactly?
       </strong>
      </p>
     </div>
     <p style="margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">
      If you’ve been skimming headlines from the cryptoverse over the last few weeks, you may have noticed an increase in references to “layer 2” blockchains. If the term made you raise an eyebrow, worry not — we’re breaking down what layer 2s are, why they matter, and the latest news from some notable L2s including Arbitrum, Optimism, and the Lightning Network. Let’s take a look.
     </p>
     <p style="margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">
      <strong>
       First things first: What is a layer 1?
      </strong>
     </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;">
       A layer 1 network refers to the foundational level of a blockchain that makes it a peer-to-peer, public ledger without the need for an intermediary like a bank.
      </li>
      <li style="margin: 0px; padding: 6px 0px;">
       L1s — like
       <a rel="noopener noreferrer" target="_blank">
        Bitcoin
       </a>
       ,
       <a rel="noopener noreferrer" target="_blank">
        Ethereum
       </a>
       ,
       <a rel="noopener noreferrer" target="_blank">
        Avalanche
       </a>
       , and
       <a rel="noopener noreferrer" target="_blank">
        Cardano
       </a>
       — produce blocks, verify transactions, and rely on native cryptocurrencies to incentivize users to secure the network.
      </li>
      <li style="margin: 0px; padding: 6px 0px;">
       Scalability is often a key limitation for L1s. And in instances of high-demand (like recent
       <a rel="noopener noreferrer" target="_blank">
        rebounds
       </a>
       in the NFT market), L1s can often run into network congestion issues like slow speeds and high network (gas) fees.
      </li>
     </ul>
     <p style="margin: 0px; padding: 0px;">
     </p>
     <p style="margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">
      <strong>
       Got it, so what’s a layer 2?
      </strong>
     </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;">
       Layer 2s are sort of like express lanes on a busy highway. They are separate blockchains built on top of L1s with the goal of reducing network bottlenecks, lowering fees, and improving scalability.
      </li>
      <li style="margin: 0px; padding: 6px 0px;">
       L2s refer largely — but not exclusively — to scaling solutions for Ethereum. Since the second-biggest blockchain by market cap is home to the
       <a rel="noopener noreferrer" target="_blank">
        majority
       </a>
       of DeFi activity, Ethereum’s network has a
       <a rel="noopener noreferrer" target="_blank">
        history
       </a>
       of high fees during bull runs, when some users are more willing to pay higher costs to
       <a rel="noopener noreferrer" target="_blank">
        prioritize
       </a>
       transactions (time will tell if last year’s
       <a rel="noopener noreferrer" target="_blank">
        Merge
       </a>
       will improve some of these traffic issues).
      </li>
      <li style="margin: 0px; padding: 6px 0px;">
       Among Ethereum’s best known L2s are
       <a rel="noopener noreferrer" target="_blank">
        Optimism
       </a>
       and Arbitrum. (
       <a rel="noopener noreferrer" target="_blank">
        Polygon
       </a>
       is a well-known “sidechain” that helps make Ethereum faster and cheaper, but is technically an independent network).
      </li>
      <li style="margin: 0px; padding: 6px 0px;">
       Bitcoin’s leading L2 is the
       <a rel="noopener noreferrer" target="_blank">
        Lightning Network
       </a>
       , which has powered things like Twitter’s tipping feature and
       <a rel="noopener noreferrer" target="_blank">
        instant
       </a>
       global remittance efforts in places including the
       <a rel="noopener noreferrer" target="_blank">
        Philippines
       </a>
       and
       <a rel="noopener noreferrer" target="_blank">
        Nigeria
       </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 have L2s been such a hot topic lately?
      </strong>
     </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;">
       A new Ethereum L2 called Scroll
       <a rel="noopener noreferrer" target="_blank">
        debuted
       </a>
       on the blockchain’s Goerli testnest on Monday. Scroll is notable for being a Zero Knowledge Rollup (ZKR), a long-awaited type of L2 that would enable Ethereum to bundle thousands of transactions into a single batch, allowing faster and cheaper settlement while also maintaining the privacy of each user.
      </li>
      <li style="margin: 0px; padding: 6px 0px;">
       Arbitrum, the L2 market leader,
       <a rel="noopener noreferrer" target="_blank">
        overtook
       </a>
       Ethereum last week in daily transactions and logged an all-time high 2.95 million unique wallet addresses. It’s worth noting, though, that this milestone might have been
       <a rel="noopener noreferrer" target="_blank">
        bolstered
       </a>
       by users speculating about a potential, unconfirmed token
       <a rel="noopener noreferrer" target="_blank">
        airdrop
       </a>
       .
      </li>
      <li style="margin: 0px; padding: 6px 0px;">
       Last Thursday, Coinbase
       <a rel="noopener noreferrer" target="_blank">
        announced
       </a>
       Base
       <strong>
        ,
       </strong>
       an Ethereum L2 built in partnership with fellow layer 2 blockchain Optimism. The new chain has ambitions to “bring the next billion users to web3” by being an open-source sandbox for developers building crypto-powered apps.
      </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>
      Bear markets are for building, or so goes one of the many crypto-winter adages. Layer 2 scalability solutions are one of the key things being built and improved right now, which means there will be increased competition to gain market share in a space where there’s already more than
      <a rel="noopener noreferrer" target="_blank">
       $6 billion
      </a>
      locked across L2 networks. As a recent article in the Defiant
      <a rel="noopener noreferrer" target="_blank">
       put it
      </a>
      — with a touch of hyperbole — L2 blockchains are about to enter “a full-blown contest for supremacy in scaling the No. 1 smart chain network.”
     </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=e8fd304da62a4259bdc7a56f3dde8d8d&_e=1QcST1bh5473F4K_EKAVB5WjjP5qSSQWThdeENYmqHj3RPfBkRRXNxCMELsHyEQcWLmAuQpP6Zs6uO4eD7_ZwstC1-iAiU2vq1Bi3HaUt3h_xYBx8VtDKhM77EvGkTBPSb9Y2JjRLSXJY7O7rHFKtjtynAmxEdKURcYwZ5oS-TjzBMyQ3nWjB3ncsZzhIlvrjTXAbXgZ5dlARFVaUCWU1P3WbBg2JRU7_C3wi5SFHnkxd7UW-LroCVV__A8ZMM5T1e7Gng42KsgFQoZghJPXTb7AuEd6JGcZlXs7ElBGnU1UhCgWTXwOwrWIWJ_JqtgKrozWs0dBl5zqsZotTTaDsfbY0hCBWMGaYnIE5XVqrNMZw0LpdBY8UlRj3lu0DEKddM2_JOm1ScpGt7idMpkK7A%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]-->
      <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 more about L2s
       </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%;" 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%;" 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 style="margin-bottom: 16px;">
      <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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1pXRHX:y0k29DWrbt6gfXLRGTUwtS1xSQgTfiO5j7E9h9oU_cA" 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>
            NUMBERS TO KNOW
           </strong>
          </p>
         </td>
        </tr>
       </tbody>
      </table>
     </div>
     <p style="margin: 16px 0px 0px; font-size: 32px;">
      <strong>
       20%
      </strong>
     </p>
     <p style="margin: 4px 0px 0px; line-height: 1.6; word-break: break-word;">
      The percentage of Americans who own crypto, according to a national
      <a rel="noopener noreferrer" target="_blank">
       survey
      </a>
      commissioned by Coinbase in February. The survey, conducted with Morning Consult, polled more than 2,000 members of the general population on a range of questions regarding the financial system. “Despite the tumultuous events of 2022, crypto ownership has remained largely unchanged since early 2022,” the survey found.
     </p>
     <p style="margin: 16px 0px 0px; font-size: 32px;">
      <strong>
       $40K - $60K
      </strong>
     </p>
     <p style="margin: 4px 0px 0px; line-height: 1.6; word-break: break-word;">
      The
      <a rel="noopener noreferrer" target="_blank">
       price range
      </a>
      that the manuscript for “Snow Crash,” a 1992 novel by Neal Stephenson — famous for having coined the term “metaverse” —  is expected to fetch at an online Sotheby’s auction. And it’s not just stacks of paper that the winning bidder will receive: the auction item also comes with “a hand-forged tachi sword inspired by the weapon wielded by the novel’s protagonist.”
     </p>
     <p style="margin: 16px 0px 0px; font-size: 32px;">
      <strong>
       19:20:00
      </strong>
     </p>
     <p style="margin: 4px 0px 0px; line-height: 1.6; word-break: break-word;">
      The amount of time that the Solana network was
      <a rel="noopener noreferrer" target="_blank">
       down
      </a>
      over the weekend with service unavailable to the blockchain’s users. Outages have been a longstanding challenge for Solana, a popular blockchain which is seen as a faster and less expensive alternative to Ethereum. Solana’s co-founder, Anatoly Yakovenko, has previously
      <a rel="noopener noreferrer" target="_blank">
       acknowledged
      </a>
      that outages are “the biggest challenge for us, and the number one priority.”
     </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=e8fd304da62a4259bdc7a56f3dde8d8d&_e=1QcST1bh5473F4K_EKAVB5WjjP5qSSQWThdeENYmqHjBosFhK39zTDOEGFVIVphVwZG3GwBNKo7lM6K6k7Ey-WbjLiOh7AnkChJ7LZLQAGi5ins9ZpU4Okyp8VOCvsvUeN_3EuZsFKfQFshz4xiOe-Un8air-3T28dzDWfDNlfxJpX5TYzeVDn-H1pkhyYMZp9SpVpIsJb7BQR7CCWdmvLLjsCgHWUTCTP4t6_Y9FjWaWPTbHKf19rWNUX4--izKh3AV8pdutk3-8y4bj6Y-qW9chxOqjxbkFnHYSg7WKkoHm_BSLYcCNRZMvnrv4_Fhv1jH3hiDvM2LdrmCdcJ5RUtFJ6ENX4EUD54D-M_rDs_ZKKmtAq3mFG9z2BP2bErie_pJsdArgWM6B1N1w4Z_Cw%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]-->
      <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 SOL
       </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%;" 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%;" 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1pXRHX:y0k29DWrbt6gfXLRGTUwtS1xSQgTfiO5j7E9h9oU_cA" 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>
        More ways to learn and engage with the launch of Base
       </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;">
       In a new blog post, Coinbase’s VP of Engineering, Will Robinson,
       <a rel="noopener noreferrer" target="_blank">
        discusses
       </a>
       the launch of the Base testnet and the network’s goal of offering a secure, low-cost, developer-friendly way for “anyone, anywhere, to build decentralized apps, or dapps, onchain.”
      </li>
      <li style="margin: 0px; padding: 6px 0px;">
       The commemorative “Base, Introduced” NFT is still available to
       <a rel="noopener noreferrer" target="_blank">
        mint
       </a>
       for free by heading to
       <a rel="noopener noreferrer" target="_blank">
        mint.base.org
       </a>
       . The NFT has attracted more than 300K unique minters so far to help celebrate Base’s launch.
      </li>
      <li style="margin: 0px; padding: 6px 0px;">
       This one is for all you current and aspiring web3 developers: On March 2, Coinbase is launching a Base bounty challenge that will allow participants to make smart contract calls and solve a series of riddles for potential rewards. Keep an eye on our
       <a rel="noopener noreferrer" target="_blank">
        LinkedIn
       </a>
       for more details soon.
      </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%;" 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%;" 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1pXRHX:y0k29DWrbt6gfXLRGTUwtS1xSQgTfiO5j7E9h9oU_cA" 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>
        Who of the following is not an Ethereum co-founder?
       </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>
          Vitalik Buterin
         </td>
        </tr>
        <tr>
         <td style="padding-right: 12px; padding-top: 12px;">
          <strong>
           B
          </strong>
         </td>
         <td style="padding-top: 12px;">
          Eth Ledger
         </td>
        </tr>
        <tr>
         <td style="padding-right: 12px; padding-top: 12px;">
          <strong>
           C
          </strong>
         </td>
         <td style="padding-top: 12px;">
          Gavin Wood
         </td>
        </tr>
        <tr>
         <td style="padding-right: 12px; padding-top: 12px;">
          <strong>
           D
          </strong>
         </td>
         <td style="padding-top: 12px;">
          Charles Hoskinson
         </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=e8fd304da62a4259bdc7a56f3dde8d8d&_e=1QcST1bh5473F4K_EKAVB5WjjP5qSSQWThdeENYmqHjBosFhK39zTDOEGFVIVphVoU9c4AAo2zzjnSsidG1SOOa38s_cfK_EWMDGtrNzPwNzqgNM4Zf48o7bMljOEqUs6BZdrerY-7sVTZtQCAF-xyeGR4EHn0z365MRFEUAfcWDyxbSGfwRTK2HZQpsXg09_c2KtwazkdWLjtPZIzF5DBN16UuHjPs9StyriENyLZOhpbFplhvk9KKzxsAX0B9EVJonFV9ToFXmF3V9uWUHGqhOB0FUKSLkMBe1Nw6EsOfUeMt7-A15BwXtODE6Xzj2liYI28jt2027tbhvTEhFOXiD4Q28LlvTYFBauSw_7gtJRvv_jqk261v9V2_kvKc6C5ckYR2nOPNAivQf1r90cesQMu3kzBlfgpyctzg6opE%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>
        Learn ETH history
       </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%;" 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%;" 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1pXRHX:y0k29DWrbt6gfXLRGTUwtS1xSQgTfiO5j7E9h9oU_cA" 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>
          EUROC
         </strong>
        </td>
        <td style="vertical-align: middle; padding-left: 12px;">
         <img height="26" src="https://inboxflows.com/_/image/https%253A%252F%252Fasset-metadata-service-production.s3.amazonaws.com%252Fasset_icons%252F71f617afa8fa49bf635e042b25f636a21b0a76a8ece55c5864ec0b033df19663.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZhc3NldC1tZXRhZCJ9:1pXRHX:GK2sJnbcg8UOZL2mqMY4nS0l-Oy_Ou_ooCv0MhRi0Jc" 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1pXRHX:y0k29DWrbt6gfXLRGTUwtS1xSQgTfiO5j7E9h9oU_cA" style="width: 21px; height: 18px; vertical-align: middle;" width="21"/>
        </td>
       </tr>
      </tbody>
     </table>
     <p style="margin: 0px; line-height: 1.6;">
      EUROC is an ERC-20 stablecoin that is pegged on a 1:1 basis to the euro.
     </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>
          ACS
         </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%252Fbaa545aef29fcea681e6164ac4b973d497a91f8cdb49c4c4192e559eb3be680986d389026bc3b5cca890dfd3f5ef78d31f2dae554484cefc1d45a05b91598dfe%252Fasset_icons%252F14ef4b571b3f8a79780ca3c48b2763b24763d5a18cf2188d81b4142bd3430fcb.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkeW5hbWljLWFzcyJ9:1pXRHX:31DhxEUkGLPATDvF8w_4tg47bWK72d1HbVOrE9DYYdA" 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1pXRHX:y0k29DWrbt6gfXLRGTUwtS1xSQgTfiO5j7E9h9oU_cA" style="width: 21px; height: 18px; vertical-align: middle;" width="21"/>
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      </tbody>
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     <p style="margin: 0px; line-height: 1.6;">
      ACS is the Solana SPL utility token of Access Protocol, a monetization platform for digital content creators.
     </p>
     <table role="presentation" style="table-layout: fixed; vertical-align: top; border-spacing: 0px; border-collapse: collapse; min-width: 100%; text-size-adjust: 100%;" width="100%">
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     <p style="margin: 0px; line-height: 1.6; word-break: break-word;">
      <strong>
       Trivia answer
      </strong>
     </p>
     <table style="margin: 12px 0px 0px; line-height: 1.6; word-break: break-word;">
      <tbody>
       <tr>
        <td style="padding-right: 12px;">
         <strong>
          B
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         Eth Ledger
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         <a rel="noopener noreferrer" target="_blank" title="coinbase ios app">
          <img alt="Download on iOS App store" height="46" src="https://inboxflows.com/_/image/https%253A%252F%252Fd15k2d11r6t6rl.cloudfront.net%252Fpublic%252Fusers%252FIntegrators%252F669d5713-9b6a-46bb-bd7e-c542cff6dd6a%252F3aca56371967418192255878e9689713%252FIcons%252Fapp_apple.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1pXRHX:y0k29DWrbt6gfXLRGTUwtS1xSQgTfiO5j7E9h9oU_cA" style="display: block; height: 46px; margin-right: 8px;"/>
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          <img alt="Download on Google Play" height="46" src="https://inboxflows.com/_/image/https%253A%252F%252Fd15k2d11r6t6rl.cloudfront.net%252Fpublic%252Fusers%252FIntegrators%252F669d5713-9b6a-46bb-bd7e-c542cff6dd6a%252F3aca56371967418192255878e9689713%252FIcons%252Fapp_google.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1pXRHX:y0k29DWrbt6gfXLRGTUwtS1xSQgTfiO5j7E9h9oU_cA" style="display: block; height: 46px;"/>
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