Bitcoin’s recent price movements suggest a potential bull trap, signaling a possible decline below the $100,000 threshold, according to emerging fractal pattern analyses. This fractal pattern mirrors previous market cycles,
Ripple’s XRP is capturing renewed attention as the Ripple vs. SEC lawsuit approaches a critical June 16 conclusion, potentially driving XRP price toward $15. The case’s outcome and recent technical
BitcoinWorld Major Boost: David Plouffe Joins Coinbase Advisory Council to Champion Bipartisan Crypto Support In a significant move underscoring the growing intersection of cryptocurrency and traditional politics, Coinbase Global has announced the addition of David Plouffe to its Global Advisory Council. This appointment is not just a notable name joining a board; it signals a strategic play by one of the world’s largest cryptocurrency exchanges to navigate the complex political landscape in Washington D.C. and build crucial bipartisan crypto support . Who is David Plouffe and Why Does He Matter to Coinbase? For those unfamiliar with the intricacies of U.S. politics, David Plouffe is a name synonymous with successful political strategy. He served as campaign manager for Barack Obama’s historic 2008 presidential campaign and later as a Senior Advisor to President Obama. His career spans decades at the highest levels of American political campaigning and governance. His expertise lies in understanding public sentiment, crafting compelling narratives, and navigating the intricate machinery of Washington. His decision to join the Coinbase Advisory Council brings a wealth of experience in policy, communications, and government relations to the cryptocurrency giant. In a sector often perceived as disruptive and sometimes misunderstood by policymakers, having someone with Plouffe’s pedigree can be invaluable. Understanding the Coinbase Global Advisory Council’s Role The Coinbase Global Advisory Council is comprised of distinguished individuals from various fields – politics, finance, technology, and academia. Their primary function is to provide strategic guidance and insights to Coinbase leadership. They don’t hold executive positions or direct operational control, but their counsel helps shape the company’s direction, particularly in areas like regulatory engagement, public perception, and long-term strategy. Adding someone like David Plouffe suggests a specific focus for the council’s work: influencing US crypto policy . As the regulatory environment for digital assets remains fragmented and uncertain in the United States, companies like Coinbase are actively seeking ways to educate lawmakers, advocate for clear and sensible rules, and ensure the industry can innovate responsibly. Why is Bipartisan Crypto Support Crucial Now? The political landscape surrounding cryptocurrency in the U.S. is dynamic. While there has been notable backing from some corners, including vocal support from figures like former President Donald Trump and various Republican lawmakers, the industry still faces skepticism and calls for stringent regulation from others across the political spectrum. True progress and lasting regulatory clarity require consensus. Relying on support from just one political party is risky and unsustainable. Legislation and policy that have broad agreement are more likely to pass, be durable, and provide the stability necessary for the industry to thrive and for mainstream adoption to grow. This is where building bipartisan crypto support becomes paramount. Coinbase, as a major player seeking to operate within established financial systems, needs to build bridges across the aisle. Plouffe’s deep connections and understanding of the Democratic party’s mechanisms can complement existing relationships Coinbase may have with Republican figures, helping to foster a more balanced and widely accepted view of cryptocurrency and blockchain technology in Congress and regulatory agencies. How Does David Plouffe Coinbase Appointment Fit into Coinbase’s Strategy? Coinbase’s appointment of David Plouffe is a clear signal of its commitment to engaging with Washington. It’s part of a broader strategy that includes: Increased Lobbying Efforts: Coinbase has significantly ramped up its spending on crypto lobbying in recent years, establishing a presence in D.C. and hiring government relations professionals. Political Action Committees (PACs): The company has also utilized PACs to contribute to political campaigns, supporting candidates who are open to or supportive of the crypto industry. Public Education Campaigns: Coinbase actively works to educate the public and policymakers about the potential benefits of cryptocurrency and the importance of clear regulation. Strategic Hires: Bringing in individuals with deep political or regulatory experience, like Plouffe, strengthens their ability to navigate the complexities of the U.S. political system. The goal is to shape the narrative around crypto, moving it from a niche, speculative asset class to a recognized and integrated part of the future financial system. Having someone with Plouffe’s strategic mind and network on the Coinbase Advisory Council is a significant asset in this endeavor. Potential Benefits and Challenges What are the potential upsides and hurdles associated with this high-profile appointment? Potential Benefits: Enhanced Access: Plouffe’s network can open doors and facilitate conversations with key Democratic policymakers and their staff. Improved Messaging: His expertise in communications can help Coinbase and the industry articulate their positions more effectively to a broader political audience. Strategic Insight: He can provide valuable counsel on anticipating political shifts and tailoring advocacy efforts. Increased Legitimacy: His involvement lends credibility to Coinbase’s efforts in the eyes of traditional political players. Potential Challenges: Partisan Perceptions: Despite the goal of bipartisanship, Plouffe is strongly associated with the Democratic party, which could be viewed with suspicion by some Republicans. Industry Divisions: The crypto industry itself is not monolithic, and achieving consensus on policy goals can be difficult. Regulatory Hurdles: Deep-seated concerns about consumer protection, financial stability, and illicit finance remain significant obstacles regardless of lobbying efforts. Slow Pace of Legislation: The U.S. legislative process is often slow and complex, and significant progress on comprehensive US crypto policy may take time. What Does This Mean for the Future of US Crypto Policy? The appointment of David Plouffe to the Coinbase Advisory Council is a clear indicator that the crypto industry is maturing and investing heavily in political engagement. It underscores the industry’s recognition that its future growth and adoption in the United States are inextricably linked to achieving regulatory clarity and political acceptance. While no single appointment guarantees policy outcomes, bringing in seasoned political operators like Plouffe is a necessary step for the industry to be taken seriously in Washington. It highlights the transition from crypto being solely a technological or financial discussion to a significant political and policy debate. The push for bipartisan crypto support is vital. It acknowledges that the regulatory framework for digital assets will need to withstand changes in political power. By engaging with figures like Plouffe, Coinbase is positioning itself to influence the conversation across the political spectrum, advocating for policies that foster innovation while addressing legitimate concerns. The effectiveness of this strategy will unfold over time, but the message is clear: the crypto industry is no longer on the sidelines of the political arena. It is actively seeking to shape its own future through strategic engagement and robust crypto lobbying efforts. Conclusion: A Strategic Play in the Political Game David Plouffe joining the Coinbase Global Advisory Council is more than just a headline; it’s a strategic maneuver in the high-stakes game of shaping US crypto policy . By adding a political heavyweight known for navigating complex environments and building winning coalitions, Coinbase is signaling its intent to seriously engage with Washington D.C. The goal is clear: foster bipartisan crypto support , advocate for sensible regulation, and pave the way for the mainstream adoption of digital assets. While challenges remain, this appointment, coupled with increased crypto lobbying and educational efforts, demonstrates the industry’s commitment to working within the established political system. The future of crypto in the U.S. will likely be determined as much by policy debates in Washington as by technological innovation, making strategic appointments like this absolutely critical. To learn more about the latest US crypto policy trends, explore our articles on key developments shaping the crypto regulatory landscape . This post Major Boost: David Plouffe Joins Coinbase Advisory Council to Champion Bipartisan Crypto Support first appeared on BitcoinWorld and is written by Editorial Team
The US Securities and Exchange Commission (SEC) has postponed decisions on ETFs involving Dogecoin, Hedera, and Avalanche, signaling a cautious regulatory approach amid growing crypto market interest. This delay impacts
BitcoinWorld Urgent: Meta AI Lawsuit Filed Against AI ‘Nudify’ App Over Advertising In a significant move addressing the misuse of artificial intelligence on its platforms, Meta has initiated a **Meta AI lawsuit** against the company behind Crush AI, a widely discussed **AI nudify app**. This legal action targets the app’s alleged strategy of running extensive advertising campaigns across Facebook and Instagram, often in violation of Meta’s policies. For anyone following the evolving digital landscape, where AI capabilities are rapidly advancing, this case underscores critical challenges around **Content Moderation** and the responsible deployment of AI technologies. Why Did Meta File This **Meta AI Lawsuit**? The core of Meta’s complaint, filed in Hong Kong, centers on Joy Timeline HK, the entity operating Crush AI. Meta alleges that this company deliberately attempted to bypass its established review processes to promote services that create fake, sexually explicit images using generative AI, often without consent. This type of **Generative AI misuse** represents a serious threat to user safety and trust. According to Meta, they had repeatedly removed ads associated with Joy Timeline HK for violating their advertising standards. However, the company allegedly persisted in placing new ads, employing tactics designed to evade detection. This pattern of behavior appears to have escalated the issue beyond simple policy violations to a point requiring legal intervention. The Scale of the Problem: How Much **AI Advertising** Was Involved? Reports indicate the scale of Crush AI’s advertising efforts on Meta’s platforms was substantial. Alexios Mantzarlis, author of the Faked Up newsletter, highlighted the issue in a January report. He claimed that in just the first two weeks of 2025, Crush AI reportedly ran over 8,000 ads for its services on Meta’s platforms. Furthermore, Mantzarlis’s analysis suggested that Crush AI’s websites received a significant majority of their traffic, approximately 90%, directly from either Facebook or Instagram, indicating the effectiveness of their ad strategy despite the nature of the service. This volume of advertising for an **AI nudify app** underscores the challenge platforms face in monitoring and enforcing their policies, especially when bad actors are determined to circumvent safeguards. How Did Crush AI Evade **Content Moderation**? The lawsuit and related reports detail several methods allegedly used by Crush AI to bypass Meta’s ad review systems and **Content Moderation** efforts: Multiple Advertiser Accounts: Setting up dozens of different accounts to distribute ads, making it harder for Meta to identify and shut down the operation as a whole. Frequent Domain Changes: Constantly changing the website addresses being promoted, requiring Meta’s systems to play catch-up. Misleading Account Names: Using advertiser account names that, while perhaps suggestive, might not immediately trigger automated flags for obvious violations, such as ‘Eraser Annyone’s Clothes’ followed by numbers. Promotional Pages: At one point, the service even had a direct Facebook page promoting its capabilities, demonstrating the boldness of their approach. These tactics highlight the ongoing arms race between platforms attempting to maintain safety and bad actors exploiting system vulnerabilities for malicious purposes, particularly in the context of promoting harmful services enabled by **Generative AI misuse**. Is This Just a Meta Problem? Addressing Widespread **Generative AI Misuse** While Meta is taking legal action in this specific instance, the problem of **Generative AI misuse**, particularly the creation and distribution of non-consensual explicit deepfakes, is a challenge faced by numerous online platforms. Social media giants like X (formerly Twitter), Reddit, and even video platforms like YouTube have seen links and advertisements for AI undressing apps proliferate. Research conducted in 2024 indicated a significant increase in the visibility of links to these types of applications across various platforms. Reports have also surfaced about millions of users potentially being exposed to ads for such services on major video platforms. This points to a systemic issue requiring industry-wide collaboration and robust technological solutions beyond individual platform efforts. What Steps Is Meta Taking Beyond the **Meta AI Lawsuit**? Recognizing the scale and evolving nature of the threat posed by the **AI nudify app** and similar services, Meta has announced several new measures aimed at strengthening its defenses and improving **Content Moderation**: Developing Specific Detection Technology: Meta states it has created new technology specifically designed to identify ads for AI nudify or undressing services. Crucially, this technology is intended to work even when the ad creative itself does not contain explicit nudity, focusing on language, context, and other signals. Implementing Matching Technology: Using matching technology to quickly identify and remove copycat ads that attempt to replicate previously detected harmful campaigns. Expanding Flagged Terms: Broadening the list of terms, phrases, and even emojis that trigger automated review by their systems when used in ads or content. Disrupting Networks: Applying strategies traditionally used against other malicious networks (like those promoting scams or fake goods) to disrupt networks of accounts promoting AI nudify services. Since the beginning of 2025, Meta reports disrupting four separate networks involved in promoting these services. External Collaboration: Sharing information about identified AI nudify apps and related URLs through collaborative initiatives like the Tech Coalition’s Lantern program. This program involves major tech companies like Google, Snap, and others working together to combat child sexual exploitation online. Meta has reportedly provided thousands of unique URLs to this network. These proactive steps, alongside the legal action, demonstrate Meta’s intent to combat this specific form of **Generative AI misuse** on multiple fronts. What About Legislation and Policy? Meta is also engaging on the legislative front. The company has publicly stated its support for laws that empower parents to oversee and approve the apps their teenagers download. They previously supported the US Take It Down Act, which aims to remove non-consensual intimate imagery from online platforms, and are currently working with lawmakers on its implementation. This legislative engagement complements their internal **Content Moderation** efforts and the legal pressure applied through the **Meta AI lawsuit**. The Challenges Ahead for **AI Advertising** and Platform Safety Despite Meta’s efforts, the challenge of completely eradicating services like the **AI nudify app** from online platforms remains significant. The ease with which new accounts can be created, domains changed, and evasion tactics adapted means platforms must constantly evolve their detection and enforcement methods. The rapid advancement of generative AI technology itself also means new forms of misuse may emerge, requiring continuous vigilance and innovation in **Content Moderation** techniques. This situation highlights a broader challenge in the digital age: how to foster innovation while simultaneously ensuring fundamental safety and preventing the exploitation of technology for harmful purposes. It’s a balancing act that impacts not just social media, but potentially any platform where user-generated content or sophisticated AI tools are present, a theme relevant to the broader discussions around trust and security in digital ecosystems. Conclusion: A Necessary Stand Against **Generative AI Misuse** Meta’s **Meta AI lawsuit** against the maker of the Crush AI **AI nudify app** is a critical step in the ongoing battle against the harmful application of artificial intelligence. By taking legal action and simultaneously enhancing its technological and collaborative **Content Moderation** strategies, Meta is sending a clear message that the promotion of services enabling **Generative AI misuse** will not be tolerated on its platforms. While the fight against such sophisticated evasion tactics and the rapid evolution of harmful AI applications is far from over, actions like this lawsuit are essential in setting precedents and pushing the industry towards more robust safety standards for **AI advertising** and online content. To learn more about the latest AI market trends, explore our article on key developments shaping AI features. This post Urgent: Meta AI Lawsuit Filed Against AI ‘Nudify’ App Over Advertising first appeared on BitcoinWorld and is written by Editorial Team
Coinbase announced the launch of its first credit card, the Coinbase One Card, on the American Express network during its State of Crypto conference. US Coinbase One Members Get First Dibs on the Bitcoin Rewards Card The card will offer up to 4% bitcoin ( BTC) back on purchases. Coinbase and fintech company Cardless are
Cardano’s ADA has joined the Nasdaq Crypto Index, moving from the sidelines into the institutional spotlight. According to Nasdaq filings, this shift brings ADA alongside Bitcoin and Ethereum in one of the main benchmarks watched by big investors. It’s a sign that regulators and asset managers see Cardano as more than just another blockchain token. Related Reading: Bitcoin To $1 Million? Michael Saylor Laughs Off Crypto Winter Fears Index Broadens To Nine Assets Based on reports from TapTools and Nasdaq’s Form 8-K, the index grew from five to nine assets. It now lists Bitcoin, Ethereum, Litecoin, Chainlink, Uniswap, and adds Cardano (ADA), Solana (SOL), Ripple (XRP), and Stellar (XLM). The change gives these newcomers a seat at the table. It also means more options for funds that track this benchmark. Cardano $ADA has officially been added to the Nasdaq Crypto Index, joining BTC and ETH in one of the industry’s top institutional benchmarks. It’s not just recognition— It’s infrastructure-level validation. Full breakdown 👇https://t.co/n6nW3aK8rt pic.twitter.com/KuyDXy4cem — TapTools (@TapTools) June 10, 2025 Impact On Weighting Of Bitcoin And Ethereum Previously, Bitcoin made up 85% of the index and Ethereum held 10%. With ADA and the other three in play, Bitcoin’s share falls to 75% and Ethereum’s to 11%. This shift lets portfolio managers spread risk across a broader set of tokens. It also lowers the concentration in the two biggest names in crypto. SEC approves NASDAQ Index that includes ADA Cardano pic.twitter.com/p7Rj5RVGQd — Cardano Feed ($ADA) (@CardanoFeed) June 11, 2025 ETF Holdings Await SEC Signoff Even though the index itself now includes all 9 assets, the US-listed Hashdex Nasdaq Crypto Index ETF still holds only Bitcoin and Ethereum. That won’t change until the SEC signs off on updates to the ETF’s rulebook. Based on the current timeline, that approval is expected in early 2026. Until then, US investors can track the wider index on paper, but their ETF shares will stick with the original two coins. Related Reading: TRX Price Up As Tron Rolls Out The Red Carpet For Trump-Backed Stablecoin Cardano Gains Institutional Spotlight For Cardano, this is more than a trophy. It means added liquidity, better price support, and a clearer path into institutional portfolios. More cash in and out of ADA markets could narrow trading spreads and smooth out big swings. Trading platforms, custody services, and exchanges will feel the impact too. They’ll need to meet the index’s criteria—steady volume, regulated venues, and institutional-grade storage. Those checkpoints help keep major players comfortable when they decide to buy or sell ADA at scale. Overall, bringing ADA into this benchmark shows that big finance is watching Cardano more closely than before. Yet the final step—actual ETF inclusion in the US—still lies with regulators. Featured image from Unsplash, chart from TradingView
Mercurity Fintech announces an $800 million fundraise for a Bitcoin reserve. The company aims to integrate digital assets into its financial strategy. Continue Reading: Mercurity Fintech Boosts its Financial Strategy by Embracing Bitcoin The post Mercurity Fintech Boosts its Financial Strategy by Embracing Bitcoin appeared first on COINTURK NEWS .
Bitcoin Depot has strategically acquired Pelicoin’s assets, significantly expanding its Bitcoin ATM network across the Gulf South region. This acquisition enables Bitcoin Depot to rapidly increase its physical footprint in
ANAP Holdings, a leading Japanese fashion company, has expanded its Bitcoin reserves by acquiring an additional 50.56 BTC, reinforcing Bitcoin’s role as a strategic financial asset. This move aligns with