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   Coinbase Bytes
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   A look at the countries and companies leading the charge.
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          <a rel="noopener noreferrer" target="_blank" title="Coinbase Bytes">
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          <p style="font-size: 20px; color: rgb(10, 11, 1); margin: 10px 0px 0px;">
           29/03/2023
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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);">
      Lagos, Nigeria consistently ranks among the top cities for global crypto adoption. [peeterv via Getty Images]
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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:
     </p>
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      <li style="margin: 0px; padding: 6px 0px;">
       <strong>
        Africa has emerged as an epicenter for crypto adoption.
       </strong>
       Entrepreneurs in Ghana, Nigeria, and South Africa are helping lead the charge.
      </li>
      <li style="margin: 0px; padding: 6px 0px;">
       <strong>
        The CFTC sued Binance.
       </strong>
       We’re taking a closer look at the suit and breaking down the basics.
      </li>
      <li style="margin: 0px; padding: 6px 0px;">
       <strong>
        Noteworthy numbers.
       </strong>
       The amount of BTC that MicroStrategy added to its balance sheet last month, and other key stats to know this week.
      </li>
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               <p style="margin:0;">
                <strong>
                 Bitcoin
                </strong>
               </p>
               <p style="margin:8px 0px;">
                £23,042.23
               </p>
               <p style="margin:0;font-size:12px;">
                +3.59%
               </p>
              </div>
             </td>
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               <p style="margin:0;">
                <strong>
                 Ethereum
                </strong>
               </p>
               <p style="margin:8px 0px;">
                £1,451.92
               </p>
               <p style="margin:0;font-size:12px;">
                +3.15%
               </p>
              </div>
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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;">
                £0.31
               </p>
               <p style="margin:0;font-size:12px;">
                +6.74%
               </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>
                 Polygon
                </strong>
               </p>
               <p style="margin:8px 0px;">
                £0.91
               </p>
               <p style="margin:0;font-size:12px;">
                +1.14%
               </p>
              </div>
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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;">
                £0.06
               </p>
               <p style="margin:0;font-size:12px;">
                +2.17%
               </p>
              </div>
             </td>
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          <a style="text-decoration:none;color:#0A0B0D;" target="_blank">
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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;">
                £17.12
               </p>
               <p style="margin:0;font-size:12px;">
                -1.72%
               </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;">
                £23,042.23
               </p>
               <p style="margin:0;font-size:12px;">
                +3.59%
               </p>
              </div>
             </td>
            </tr>
           </tbody>
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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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1phf0f:NPC5Hom-xva7ROjn4MYafbGgnr1b7GysAFJl2eh6SmA" 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;">
                £1,451.92
               </p>
               <p style="margin:0;font-size:12px;">
                +3.15%
               </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%252Fup-arrow.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1phf0f:NPC5Hom-xva7ROjn4MYafbGgnr1b7GysAFJl2eh6SmA" 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;">
                £0.31
               </p>
               <p style="margin:0;font-size:12px;">
                +6.74%
               </p>
              </div>
             </td>
            </tr>
           </tbody>
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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%252Fup-arrow.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1phf0f:NPC5Hom-xva7ROjn4MYafbGgnr1b7GysAFJl2eh6SmA" 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>
                 Polygon
                </strong>
               </p>
               <p style="margin:8px 0px;">
                £0.91
               </p>
               <p style="margin:0;font-size:12px;">
                +1.14%
               </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>
                 Dogecoin
                </strong>
               </p>
               <p style="margin:8px 0px;">
                £0.06
               </p>
               <p style="margin:0;font-size:12px;">
                +2.17%
               </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1phf0f:NPC5Hom-xva7ROjn4MYafbGgnr1b7GysAFJl2eh6SmA" 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;">
                £17.12
               </p>
               <p style="margin:0;font-size:12px;">
                -1.72%
               </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 Mar 29, 2023 at 10:49 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" ses:no-track href="https://links.coinbase.com/a/click?_t=3aca56371967418192255878e9689713&_m=eb6dad293fb34280a3c50b59047af105&_e=QRXpUeWEljHaIw9XgmRM_z6Qu10UY0sImsKCjpRwbtIAbpTo6I0qBxoLc1y0vyH7M7ZARfSGhidaMswQmB4oG8x1QyJf-BUXoqeMFDfs4SmBd-VlALxGm-Q7NCob6vZMilvbzf8utePQbh4JsmlRwMVQC33KbDO5R49k3CNHJQkR-uE7siyBbDbFgNrfTtZYBc8F_27qWCe4Vp-TY-K8ZmeTbsDquqEAwl50QyOkBCVOWpcOCEiqyRu5LMBUcKAwfbXOOe7QlTE-Mke-eeiYl6ourqI9dxCFC5uisRbgrO_xaCnLXIwrhguQNv1zVvPE" 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%;" 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1phf0f:NPC5Hom-xva7ROjn4MYafbGgnr1b7GysAFJl2eh6SmA" 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>
            CRYPTO WORLDWIDE
           </strong>
          </p>
         </td>
        </tr>
       </tbody>
      </table>
      <p style="margin: 5px 0px 0px; font-size: 32px; line-height: 1.26; word-break: break-word;">
       <strong>
        How Bitcoin is driving crypto adoption and financial access across Africa
       </strong>
      </p>
     </div>
     <p style="margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">
      One of Bitcoin’s core use-cases is the ability to move money quickly and cheaply without any intermediaries. In Africa, where sending money — within
      <i>
       and
      </i>
      across borders — can be complicated, Bitcoin and crypto technology have been making a difference for large populations without access to the traditional banking system.
     </p>
     <p style="margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">
      Now, a new generation of entrepreneurs in countries including Nigeria, Ghana, and South Africa are looking to accelerate the use of crypto by creating payment and banking alternatives using Bitcoin, stablecoins, and other blockchain tech. Let’s dig in.
     </p>
     <p style="margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">
      <strong>
       Roughly
      </strong>
      <a rel="noopener noreferrer" target="_blank">
       <strong>
        50%
       </strong>
      </a>
      <strong>
       of African citizens don’t have banking access, making Bitcoin an attractive alternative.
      </strong>
     </p>
     <p style="margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">
      To fill the banking gap, cellular companies have built a patchwork system around mobile wallets and payments tied to phone numbers — but most of these systems aren’t interoperable, and sending or receiving money from abroad often means high fees or running into government currency controls.
     </p>
     <p style="margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">
      “If someone wants to move money to the country next door, normally, you’d have to fill up a suitcase full of cash and move it over the border,”
      <a rel="noopener noreferrer" target="_blank">
       said
      </a>
      Ray Youssef, CEO of Paxful, a peer-to-peer BTC exchange.
     </p>
     <p style="margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">
      These pain points are a major reason Sub-Saharan Africa is
      <a rel="noopener noreferrer" target="_blank">
       among the fastest growing
      </a>
      crypto markets on earth, with 6% of all transactions being peer-to-peer, more than double the share of the next closest region. Another big reason: inflation. Many countries, including Nigeria, Ghana, Sudan, and Ethiopia struggle with
      <a rel="noopener noreferrer" target="_blank">
       high currency inflation
      </a>
      , making crypto a viable alternative.
     </p>
     <p style="margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">
      In 2022, Paxful saw 140% year-over-year growth in remittance payments in Kenya and 55% growth in Nigeria. Nigerians are also
      <a rel="noopener noreferrer" target="_blank">
       increasingly using BTC
      </a>
      to import goods from abroad due to currency controls from the government. (
      <a rel="noopener noreferrer" target="_blank">
       Read Coinbase’s recommendation
      </a>
      to the White House to further study the benefits of crypto remittances.)
     </p>
     <p style="margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">
      <strong>
       Bitcoin’s Lightning Network is key to making BTC more accessible
      </strong>
     </p>
     <p style="margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">
      While BTC payments can be much faster and cheaper than international transfers via companies like Western Union, Bitcoin’s network can see transaction speeds slow down and fees spike during periods of high traffic.
     </p>
     <p style="margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">
      This is where the
      <a rel="noopener noreferrer" target="_blank">
       Lightning Network
      </a>
      comes in — Bitcoin’s layer 2 scaling solution moves transactions off the main blockchain, which lowers fees and improves speed, even during periods of high network demand.
     </p>
     <p style="margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">
      <a rel="noopener noreferrer" target="_blank">
       Bitnob
      </a>
      , a Nigeria-based crypto startup, is using the Lightning Network to enable cheap international transactions that settle in local currencies, and uses the Bitcoin network to move the money across borders. “We’re able to settle into bank accounts or mobile money accounts, without the recipients having to interact with bitcoin themselves,” co-founder Bernard Parah explained to CNBC.
     </p>
     <p style="margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">
      <strong>
       One developer has even created ways to access BTC without the internet.
      </strong>
     </p>
     <p style="margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">
      South African developer Kgothatso Ngako built a Lightning Network-enabled wallet that enables anyone with a basic phone — no smartphone or WiFi required — to transact with BTC via text message. Right now, around 3,000 users across eight countries including Uganda, Kenya, South Africa, and Nigeria are using the wallet, dubbed
      <a rel="noopener noreferrer" target="_blank">
       Machankura
      </a>
      , which is South African slang for “money.” But with an estimated
      <a rel="noopener noreferrer" target="_blank">
       3 billion people
      </a>
      without internet access globally, Ngako
      <a rel="noopener noreferrer" target="_blank">
       told Decrypt
      </a>
      he sees plenty of room for growth: “I believe the tool could help Bitcoin the un-Bitcoined.”
     </p>
     <p style="margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">
      <strong>
       Why it matters...
      </strong>
      It can be easy, amid all the regulatory headlines of the past few months, to equate crypto solely with the news and debates taking place in the United States. But crypto is global and borderless, and the adoption trends across Africa are affirming many of Bitcoin’s founding use cases. “In 10 years or so,” Marius Reitz, general manager for Africa at crypto exchange Luno,
      <a rel="noopener noreferrer" target="_blank">
       told
      </a>
      Coindesk, “Bitcoin could become a regional currency or it could even become a common currency across the African Union.”
     </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" ses:no-track href="https://links.coinbase.com/a/click?_t=3aca56371967418192255878e9689713&_m=eb6dad293fb34280a3c50b59047af105&_e=QRXpUeWEljHaIw9XgmRM_z6Qu10UY0sImsKCjpRwbtLDefUz_JtyCacEeQGb0StCkKwV7sDvvn33ggYHQyWYlGcYXrEVzrLKFy0DxNdQeZFTMr-zNu9mlUPfzbucg8LPupWpqPebM5o7bZZRBbEOeyQr_HHrzgFJcMfNdCUMV0UkQicefLrZr8ZDCV3k0uZgF_Rs4BiUs_8KReSx9l_oQEBUbm52VoerEH4E5Mriv9F9qS8lRA_-Rp5wS_ytB7YLyX67g-za3hnlzmDBaOq8pB4P9nmXOsgOnr3ZIkTXdLLf75DrfmWNxbplYKei16YeiYWD9duuqv7-2aNb8Bc6xg%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 BTC basics
       </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%252F1Dn5HJqvZMyq3r0o39KA2k%252Fec2018a85783b993cc53520195089f95%252Fcoinbaseisdifferent_650x488px_grey__1_.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZpbWFnZXMuY3RmYSJ9:1phf0f:e_d1UB6ERLlj9BB5J75NaSvf9yuW6y0uMDeiVU3KWyo" style="display: block; width: 100%; margin: 64px 0px;" width="100%"/>
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      </div>
     </a>
     <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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1phf0f:NPC5Hom-xva7ROjn4MYafbGgnr1b7GysAFJl2eh6SmA" 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>
            IN BRIEF
           </strong>
          </p>
         </td>
        </tr>
       </tbody>
      </table>
      <p style="margin: 5px 0px 0px; font-size: 32px; line-height: 1.26; word-break: break-word;">
       <strong>
        Why did the CFTC just sue Binance? A quick breakdown.
       </strong>
      </p>
     </div>
     <p style="margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">
      On Monday, the U.S Commodity Futures Trading Commission (CFTC) unveiled charges against Binance and its CEO Changpeng Zhao (CZ) which alleged a host of violations ranging from offering unregistered trading products in the U.S. to knowingly evading U.S. rules that prevent illicit financial activity.
     </p>
     <p style="margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">
      In a
      <a rel="noopener noreferrer" target="_blank">
       74-page document
      </a>
      , the CFTC, which oversees U.S. derivatives markets, claimed Binance failed to properly register itself in the U.S. and illegally provided derivatives-based trading for things like futures and options for bitcoin, ether, and litecoin. (Notably, the CFTC’s suit categorizes BTC, ETH, and LTC as commodities and not securities.)
     </p>
     <p style="margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">
      The suit also alleges that Binance failed to operate adequate programs to prevent money laundering and law-evasion, and even “instructed U.S. customers to evade such controls by using [VPNs] to conceal their true location.”
     </p>
     <p style="margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">
      In response to the suit, CZ wrote a
      <a rel="noopener noreferrer" target="_blank">
       blog post
      </a>
      , in which he called the CFTC’s complaint “unexpected and disappointing” and “an incomplete recitation of facts.”
     </p>
     <p style="margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">
      As a civil regulator, the CFTC could seek to levy fines and permanently ban Binance from operating in the U.S.
     </p>
     <p style="margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">
      The news quickly sent ripples through markets, driving BTC’s price down by about 3% within minutes of the disclosure, though it rebounded on Tuesday.
     </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 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1phf0f:NPC5Hom-xva7ROjn4MYafbGgnr1b7GysAFJl2eh6SmA" 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>
       405 quintillion
      </strong>
     </p>
     <p style="margin: 4px 0px 0px; line-height: 1.6; word-break: break-word;">
      The estimated number of hashes per second reached on the Bitcoin network this weekend, an
      <a rel="noopener noreferrer" target="_blank">
       all-time high
      </a>
      . Bitcoin’s hashrate is a measure of the network’s total computing (or
      <a rel="noopener noreferrer" target="_blank">
       mining
      </a>
      ) power and is considered a key security metric. When the hashrate is higher, miners use more computational power to solve the time-consuming math puzzles required to add a new block to the network.
     </p>
     <p style="margin: 16px 0px 0px; font-size: 32px;">
      <strong>
       $150 million
      </strong>
     </p>
     <p style="margin: 4px 0px 0px; line-height: 1.6; word-break: break-word;">
      The approximate amount of bitcoin (6,455 BTC) that MicroStrategy,
      <a rel="noopener noreferrer" target="_blank">
       the largest corporate holder of BTC
      </a>
      , purchased over the last month, per new
      <a rel="noopener noreferrer" target="_blank">
       regulatory filings
      </a>
      . The software company has become known best for its BTC-boosting founder Michael Saylor and his strategy of acquiring as much BTC as possible. Right now, MicroStrategy holds 138,955 BTC (worth about $4 billion) on its balance sheet. For comparison, the second largest corporate holder of BTC is Marathon Digital, with 12,232 BTC.
     </p>
     <p style="margin: 16px 0px 0px; font-size: 32px;">
      <strong>
       $500,000
      </strong>
     </p>
     <p style="margin: 4px 0px 0px; line-height: 1.6; word-break: break-word;">
      The
      <a rel="noopener noreferrer" target="_blank">
       reward
      </a>
      that the Ethereum Foundation is offering to developers who are able to identify any vulnerabilities related to Ethereum’s next upgrade before it is
      <a rel="noopener noreferrer" target="_blank">
       scheduled
      </a>
      to go live on April 12. The Shanghai-Capella, or Shappella, upgrade is the most significant Ethereum update since last year’s Merge, and will include the ability to withdraw staked ETH for the first time.
     </p>
     <p style="margin: 16px 0px 0px; font-size: 32px;">
      <strong>
       77 ETH
      </strong>
     </p>
     <p style="margin: 4px 0px 0px; line-height: 1.6; word-break: break-word;">
      The value (about $130,000) of
      <a rel="noopener noreferrer" target="_blank">
       CryptoPunk #685
      </a>
      , which NFT Trader Brandon Riley recently purchased and then accidentally “burned,” permanently removing from circulation one of the 10,000 punks that comprise the pioneering NFT collection. In an attempt to wrap CryptoPunk #685 to earn some extra yield, he mistakenly sent it to a burn address — a digital wallet without a private key and that cannot be accessed.
     </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" ses:no-track href="https://links.coinbase.com/a/click?_t=3aca56371967418192255878e9689713&_m=eb6dad293fb34280a3c50b59047af105&_e=QRXpUeWEljHaIw9XgmRM_z6Qu10UY0sImsKCjpRwbtL9Bx31p4kBsoB9Xl_fLrg3x3OyY0btdXgdalEMIeyHOG-uIR8QjLl_2oXSJTJn8hGcA2EFF_H1WT3mRqfH6M4-hOGIuwih6PEQYRZiijXKg0MD2iG0LyJKv_L4JAyS7par3_nQJgWjvtQd46QRUxGCAcWzwfbmqWD2ylyHIqkcG-uPE_0GEwEfzkjMgegEIKtd9AdAkPFzFKuRPAIQBTEMe6K684onP82-hPowMUHY6OR_gjuu7netiXpkPjE8D7jGfRNcA-fZiylqiSSPJJyWIa7s7jsSl2XmOghdrrt5c9FGDNyet1RKE_Skl2MCykA%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>
        Brush up on NFTs
       </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1phf0f:NPC5Hom-xva7ROjn4MYafbGgnr1b7GysAFJl2eh6SmA" 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 is Bitcoin’s maximum supply?
       </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>
          50 million
         </td>
        </tr>
        <tr>
         <td style="padding-right: 12px; padding-top: 12px;">
          <strong>
           B
          </strong>
         </td>
         <td style="padding-top: 12px;">
          There is no maximum supply
         </td>
        </tr>
        <tr>
         <td style="padding-right: 12px; padding-top: 12px;">
          <strong>
           C
          </strong>
         </td>
         <td style="padding-top: 12px;">
          21 million
         </td>
        </tr>
        <tr>
         <td style="padding-right: 12px; padding-top: 12px;">
          <strong>
           D
          </strong>
         </td>
         <td style="padding-top: 12px;">
          12 billion
         </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" ses:no-track href="https://links.coinbase.com/a/click?_t=3aca56371967418192255878e9689713&_m=eb6dad293fb34280a3c50b59047af105&_e=QRXpUeWEljHaIw9XgmRM_z6Qu10UY0sImsKCjpRwbtL9Bx31p4kBsoB9Xl_fLrg35Mkl5Y3rULr4we3Kp7bYVx0Vg4of5EA74c-HAVS3yK6VlFz04_68qQHjF0Tki9K2ZhbnlwpnVj34mhUz2mqmZY1g7DBLugtuhOet1kx6efQu-xmmnYk-fEkIr5n5nFDSdbwpdmt1npWqjdn3b4DYoRctiPHVifTOlKmGS4Iq_L_P8lq4SPhwfDaNKdcKva1Wyw3fB5pEn6pnsyszcFun77JQNMfhbA9Go7VBq-M5LVmvayGeOIOLEB3n9zNCLvZTPQE8byQJyi1F_aLoSFBHHJdFZo1xgxfgbowGGQh8VmcauHu_7mu7deoID_za9kMG" 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 about Bitcoin’s creator
       </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%">
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            <td style="word-break: break-word; vertical-align: top; text-size-adjust: 100%;" valign="top">
             <span>
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         </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>
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     <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>
          ARB
         </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%252F10d9e2d7e3367e7973d8944e8833e7c04cf099ae252400807661d09110814e24c12d05599d8e4e95f03f32caf3018391db584f9631e23c242d8f9297607abb00%252Fasset_icons%252F2c6f39c4c97726247ce65dcb252d69662b701bf51060b38d99752acb204a7492.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkeW5hbWljLWFzcyJ9:1phf0f:y717afNqRY-S0LP2CPvRTxg2H1tvF6WpYr1KOtT5io4" 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1phf0f:NPC5Hom-xva7ROjn4MYafbGgnr1b7GysAFJl2eh6SmA" style="width: 21px; height: 18px; vertical-align: middle;" width="21"/>
        </td>
       </tr>
      </tbody>
     </table>
     <p style="margin: 0px; line-height: 1.6;">
      ARB is the utility token of Arbitrum, an Ethereum layer-2 network.
     </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>
     <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>
          C
         </strong>
        </td>
        <td>
         21 million
        </td>
       </tr>
      </tbody>
     </table>
     <table style="margin: 48px 0px 0px;">
      <tbody>
       <tr>
        <td style="text-align: left;">
         <img alt="Coinbase" height="26" src="https://inboxflows.com/_/image/https%253A%252F%252Fd15k2d11r6t6rl.cloudfront.net%252Fpublic%252Fusers%252FIntegrators%252F669d5713-9b6a-46bb-bd7e-c542cff6dd6a%252F3aca56371967418192255878e9689713%252FRebrand%2520Assets%252Fcoinbase_footer_wordmark.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1phf0f:NPC5Hom-xva7ROjn4MYafbGgnr1b7GysAFJl2eh6SmA" style="display: block; height: 26px; margin-bottom: 24px;"/>
        </td>
       </tr>
       <tr>
        <td>
         <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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1phf0f:NPC5Hom-xva7ROjn4MYafbGgnr1b7GysAFJl2eh6SmA" style="display: block; height: 46px; margin-right: 8px;"/>
         </a>
        </td>
        <td>
         <a rel="noopener noreferrer" target="_blank" title="coinbase android app">
          <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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1phf0f:NPC5Hom-xva7ROjn4MYafbGgnr1b7GysAFJl2eh6SmA" style="display: block; height: 46px;"/>
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