ALSO: CoinDesk’s Consensus Magazine unveils its latest special project, spotlighting 19 blockchain, crypto and Web3 projects to watch in 2023; ether dips to $2,070. Author: James Rubin

Ethereum’s seamless implementation of withdrawals, also known as the Shanghai upgrade, on April 12 has led ETH’s price to rally above $2,100, the highest since May 2022. Author: Krisztian Sandor

The internet has a habit of producing companies that dominate their industry because of network effects. The answer is the decentralization and openness that only blockchain technology affords, says EY’s Paul Brody. Author: Paul Brody

The cryptocurrency seems to be mirroring its performance in first-half 2019, when it chalked up a triple-digit rally, marking a solid recovery from a yearlong bear market. Author: Omkar Godbole

ALSO: In his latest Money Reimagined column, CoinDesk Chief Content Officer Michael Casey writes that to prevent the potentially destructive impact of AI, we need open-source innovation and collective governance that is possible through blockchain protocols and Web3, not the monopoly defaulting structure of Web2. Author: James Rubin, Bradley Keoun