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Scroll Co-Founder on Ethereum Scaling Race
A decentralized, global team of developers is shirking the urge to be the first to scale Ethereum. As part of CoinDesk's Projects to Watch 2023, Scroll co-founder Sandy Peng discusses Ethereum's "zero-knowledge" arms race and how Scroll stands out from the competition.

Blockdaemon Eyes Large Institutions With New Wallet App
Blockdaemon is launching an all-in-one wallet service to help large-scale institutions and crypto custodians steward their assets without entrusting them to third parties. Blockdaemon CEO and founder Konstantin Richter discusses the crypto infrastructure provider's approach to institutions and the general interest in custody after the FTX fallout.

SEC Chair Gensler Refuses to Say if Ether Is a Security During House Hearing
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler refused to say whether ether (ETH), the second-largest cryptocurrency by market cap, was a security during a nearly five-hour hearing Tuesday before the House Financial Services Committee. Howard Fischer, Moses Singer partner and former SEC senior trial counsel, along with Joshua Ashley Klayman, Linklaters U.S. head of fintech and head of blockchain and digital assets, discuss their takeaways from the hearing.

Bitcoin Drops to $29.2K After Sudden Sell-Off
Bitcoin slid more than 3% in just 15 minutes in European morning hours on Wednesday, taking the largest cryptocurrency by market capitalization near $29,000. Forex.com Global Head of Research Matt Weller discusses whether the UK CPI data played a role in the sudden sell-off. Plus, his BTC outlook after the token's strong performance in Q1 2023.

Machankura Lets Africans Use Bitcoin With Basic Mobile Phones
Bitcoin maximalist Kgothatso Ngako has brought global digital financial services to Kenya, South Africa and other countries where at least half the population doesn’t have smartphones and reliable internet service. As part of CoinDesk's Projects to Watch 2023, Machankura catalyst Kgothatso Ngako discusses the inspiration behind the project and the state of bitcoin adoption in Africa.

Bitcoin Reclaims $30K: What's Next?
Truflation founder Stefan Rust joins "All About Bitcoin" to discuss bitcoin's price movement around the $30,000 level and his BTC outlook amid systemic inflation. Plus, reaction to Balaji Srinivasan's bet that bitcoin will reach $1 million.

Intel Discontinues Bitcoin Mining Chip Series; Unchained Capital Raises $60M
Chipmaking heavyweight Intel (INTC) is ending production of its bitcoin mining chip series, the company said in a statement to CoinDesk. Separately, Unchained Capital has completed a $60 million Series B funding round led by Valor Equity Partners, including crypto asset-management giant NYDIG.

Lesser-Known Bitcoin Indicator Suggests Onset of Major Bull Run
A lesser-known but historically reliable bitcoin price indicator has flipped positive, signaling the onset of a major bull market. Bitcoin's (BTC) reserve-risk multiple has crossed above zero, turning positive for the first time since October 2021, according to blockchain analytics firm Glassnode. CoinDesk Senior Research Analyst George Kaloudis presents "The Chart of The Day."

Crypto Companies May Use a Supreme Court Doctrine to Push Back Against SEC: Lawyer
The high court's "major questions doctrine" could be used to limit the regulator's actions against crypto, said Jason Gottlieb, a partner at Morrison Cohen LLP.

Metaverse-Focused Gala Games to Airdrop Version 2 Tokens in May
A new version of the native tokens of metaverse-focused Gala Games will be airdropped to users on May 15, developers said in a blog post on Tuesday. "The Hash" panel discusses the larger implications for Web3 gaming and digital ownership.
