Author: GT

Overwhelmed with trying to keep up with the different AI models you can use to make content? A startup called Krea is looking to solve this problem specifically for designers and other visual creatives, and it has now raised $83 million for its platform, which it believes will make working with generative AI a lot smoother.  San Francisco-based Krea says its “unified” platform provides tooling from multiple models, along with a custom interface aimed at making queries and subsequent edits sent to those models significantly easier and more customizable. Its user base includes creators at Perplexity AI, Loop Earplugs, Pixar, LEGO, and Samsung. Krea’s funding is…

A crypto market sell-off went from bad to brutal in European morning hours Monday as bitcoin pierced the $75,000 level — extending losses on major tokens to nearly 20%. Tokens XRP, solana (SOL), and dogecoin (DOGE) plunged over 5% in the hours ahead of the European open, erasing tens of billions in market capitalization, driven by a cascade of macroeconomic uncertainty and aggressive liquidations that neared $1 billion. The broad-based CoinDesk 20 (CD20) index, which tracks the largest tokens, slumped 12%, signaling a widespread risk-off sentiment gripping the sector. XRP and SOL led the decline, each nosediving more than 20%…

Goldman Sachs has lowered its forecast for U.S. crude oil prices as the investment bank sees the U.S. economy slowing and the risk of a recession rising due to President Donald Trump’s tariffs . Goldman on Sunday cut its December 2025 outlook for U.S. crude and global benchmark Brent to $58 and $62 per barrel, respectively. Prices are expected to fall further in 2026 with U.S. crude and Brent averaging $55 and $58 per barrel, according to the bank. “The risks to our reduced oil price forecast remain to the downside, because recession risk has grown further and because OPEC+…

Chief Executive of Apple, Tim Cook gives a thumb’s up during a tour the Apple Headquarters on December 12, 2024 in London, England. Chris Jackson | Getty ImagesApple has triumphed over an effort from the U.K. government to keep details secret of its appeal against an order to create a “backdoor” to iPhone users’ data.The U.K.’s Investigatory Powers Tribunal on Monday published a ruling dismissing the government’s attempt to prevent details from a hearing on the appeal from being made public. The government had tried to keep the information secret on the grounds it posed risks to national security.Judges Rabinder Singh and…

The U.K. government has lost its bid to keep secret the details of a surveillance order it brought against Apple, according to a newly released decision by the U.K. surveillance powers’ court. The decision, posted on Monday by the Investigatory Powers Tribunal in London, means that parts of the legal case will be held in public, despite objections from the U.K. government. In its ruling on Monday, the tribunal’s judges said they “do not accept that the revelation of the bare details of the case would be damaging to the public interest or prejudicial to national security.” This is the…

There haven’t been many dull moments in the cryptocurrency industry lately. The Trump administration took over in January, and there has been a monumental pivot to a much more pro-cryptocurrency approach. The president ordered the creation of strategic reserves for digital assets, and regulators have abandoned numerous lawsuits against companies in the crypto sector. Despite all this, Bitcoin (CRYPTO: BTC) and XRP (CRYPTO: XRP) (Ripple) are down in 2025, though XRP has vastly outperformed Bitcoin during the past 12 months. It’s a bit of a head-scratcher, especially for Bitcoin, the largest and most prominent cryptocurrency. Is XRP’s relative strength a…

Amid all the uncertainty and volatility surrounding global tariffs, it’s understandable why many investors may be planning to steer clear of crypto right now. After all, cryptocurrencies — just like stocks — are down across the board, with some of them down as much as 50% for the year. But there’s one cryptocurrency you might want to think about buying now and holding forever, and that’s Bitcoin (CRYPTO: BTC). Here’s why. Perhaps the biggest factor in Bitcoin’s favor is its remarkable resilience. During the past 15 years, it has undergone several boom-and-bust cycles, and it is famous for its volatility.…

A leak site used by the Everest ransomware gang was hacked and defaced this weekend, TechCrunch has learned.  The leak site, which the ransomware gang uses to publish stolen files to extort its victims into paying a ransom demand, was replaced with a brief text note: “Don’t do crime CRIME IS BAD xoxo from Prague.” The site was still defaced at the time of writing. It’s not clear if the gang also experienced a data breach as a result of the hack. Image Credits:TechCrunch (screenshot) Everest is a prolific Russia-linked ransomware gang that has claimed credit for multiple hacks and…

Technology continues to have a major impact on the economy and investment landscape. This is never more apparent than when you consider the rise of cryptocurrencies. A totally new asset class has been spawned thanks to the internet. And with that, Bitcoin (CRYPTO: BTC) has emerged. In the last 10 years, the world’s leading digital asset has produced a monster return of 32,530% (as of April 3). It’s been a volatile journey, but that gain is light years ahead of the stock market. Bitcoin’s price is under pressure, down 22% from its peak, due to ongoing macroeconomic uncertainty. But the…

Futures tied to major tokens saw over $840 million in long liquidations in the past 24 hours as a bitcoin (BTC) plunge led to losses among major tokens, with some falling nearly 14%. CoinGlass data shows that bitcoin traders betting on higher prices lost over $322 million, while bets on ether (ETH) lost nearly $290 million. Smaller alternative tokens (altcoins) recorded nearly $400 million in liquidations — with futures tracking xrp (XRP) and Solana’s SOL seeing an unusually high $80 million in cumulative liquidations. BTC slid to under $77,000 in its worst start to a historically bullish month late Tuesday,…