Author: GT

Coinbase’s latest market report paints a mixed picture for the crypto market, showing signs of decline but also potential for recovery later in the year. The report, published on April 15, reveals that the altcoin market cap has dropped by 41%, from $1.6 trillion in December 2024 to about $950 billion by mid-April 2025. This marks a significant contraction, with the market reaching as low as $906.9 billion on April 9. Venture capital funding for crypto projects has also decreased by 50-60% from the highs of 2021-2022, with these factors contributing to a gloomy outlook for the sector. David Duong,…

TechCrunch Sessions: AI is right around the corner — and the deadline to reserve your exhibit table is nearly gone. If you’ve got an AI innovation worth shouting about, now’s your moment. Don’t sit on the sidelines while others take the spotlight. Put your product where it belongs — in front of the leaders and innovators shaping the future of AI at TC Sessions: AI. On June 5, over 1,200 AI leaders, VCs, and visionaries will take over Zellerbach Hall at UC Berkeley — and they’re looking for what’s next. They want cutting-edge tools, breakthrough tech, and bold new ideas.…

Ryan Breslow is officially back. While the founder of one-click checkout company Bolt re-assumed its helm as CEO in March, Breslow is unveiling Wednesday a new “superapp” that he hopes will formally mark his return as the fintech’s leader. He describes the new product as “one-click crypto and everyday payments” in a single platform, in an exclusive interview with TechCrunch. The controversial entrepreneur famously stepped down in January 2022 from the San Francisco-based company he started in 2014 after dropping out of Stanford. In recent years, Breslow has been the target of more than one investor lawsuit and faced allegations…

When Jeremy Frank discovered that his home state of Colorado was accepting cryptocurrency for tax payments in 2022, he was overjoyed. “As a Colorado resident, I was initially excited to pay my taxes with crypto, just to say I had,” Frank said. However, Frank, Chief Technology Officer at Autonomys Network, was quickly alarmed by two developments. First, the state government had partnered with PayPal to convert the funds into U.S. dollars, forcing him to transfer his crypto from a secure private wallet to a centralized platform. Second, he was asked to pay a 2% fee. “I wasn’t going to jump…

StrictlyVC, the boutique brand powered by TechCrunch and known for evening events that invite headliners into smaller rooms to connect with live audiences, is headed back to London on May 13 — and its latest speaker lineup is one of its strongest yet. Joining the stage is TS Anil, CEO of Monzo Bank, the digital banking powerhouse that has helped reshape the U.K.’s financial landscape. Known for his global leadership background and steady hand at the helm of one of Europe’s most prominent fintechs, Anil brings a unique perspective on the future of money, trust, and digital innovation. Image Credits:Monzo…

By Rupam Jain NEW DELHI (Reuters) – The Himalayan nation of Bhutan is exploring ways to mine and leverage green cryptocurrencies using hydropower to boost its economy and create jobs to reduce brain drain, the chief executive of its sovereign wealth fund said. Green cryptocurrencies are digital currencies mined using clean energy resources such as wind, hydro or solar power instead of fossil fuel. Sandwiched between Asian giants India and China, Bhutan has earned millions of dollars in recent years by investing in some of the world’s most popular cryptocurrencies and used some of its profit to pay government salaries…

The ultimate founder summit returns — now bigger than ever! Formerly TechCrunch Early Stage, TC All Stage is bringing together founders and VCs from every stage, not just early stage. We’re thrilled to unveil the full breakout session lineup at TC All Stage. Packed with scaling pioneers and top-tier VCs, these sessions are designed for founders and startups at every stage — covering everything from fundraising strategies to scaling operations. Join 1,200+ founders and VCs on July 15 in Boston to navigate the startup landscape together.​ Stay tuned for the full list of interactive roundtable sessions — coming soon on…

The BP logo is displayed outside a petrol station that also offers electric vehicle recharging, on Feb. 27, 2025, in Somerset, England.Anna Barclay | Getty Images News | Getty ImagesOil giant BP is bracing itself for a shareholder backlash at its annual general meeting (AGM) on Thursday, with a chorus of disgruntled investors planning to voice their concerns over the firm’s green strategy U-turn.A planned resolution on the reelection of outgoing BP Chair Helge Lund has been billed as an opportunity for investors to signal discontent on climate change, corporate governance and the influence of U.S. hedge fund Elliott Management.Britain’s…

Deck, a startup that claims to be building “the Plaid for the rest of the internet,” has raised $12 million in a Series A funding round — about nine months after closing its seed financing, it tells TechCrunch exclusively. The new raise, led by Infinity Ventures, brings Montreal-based Deck’s total raised since its January 2024 inception to $16.5 million. Golden Ventures and Better Tomorrow Ventures co-led its seed raise. Deck claims that it is building the infrastructure for user-permissioned data access — across the entire internet. Its browser-based data agents “unlock” the data from any website through automation.  To put…

A modest bitcoin rally to a possible challenge of the $86,000 level quickly reversed during U.S. afternoon trading hours on Wednesday as Federal Reserve Chairman Jerome Powell warned on the effects of President Trump’s tariff regime. “The level of the tariff increases announced so far is significantly larger than anticipated,” said Powell in a speech. “The same is likely to be true of the economic effects, which will include higher inflation and slower growth.” In other words, stagflation — a throwback to a sizable portion of the 1970s when the U.S. experienced weak economic activity alongside double-digit inflation. “We may…