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Ex-UFC champ Conor McGregor touts Irish Bitcoin reserve in presidential bid

UFC fighter turned Irish political candidate Conor McGregor has endorsed the thought of constructing a Bitcoin reserve in his nation to provide extra “energy again to the folks.”
“Crypto in it is origin was based to provide energy again to the folks. An Irish Bitcoin strategic reserve will give energy to the folks’s cash,” McGregor wrote to X on Could 9.
The previous UFC champion mentioned he would focus on his plans in additional element in an upcoming X areas, prompting responses from a few of the Bitcoin business’s most outstanding leaders.
“We’d like the best minds for this BTC Reserve. Message me and lets chat on my area,” McGregor said in response to Bitcoiner and host of The Pomp Podcast, Anthony Pompliano.
One in all US President Donald Trump’s crypto advisors, David Bailey, additionally reached out, to which McGregor responded: “David message me, let’s focus on your concepts!”
McGregor introduced his impartial candidacy for the Irish presidency in late March 2025, centering his marketing campaign on anti-immigration insurance policies and combating crime.
Eire’s subsequent presidential election should happen by Nov. 11, 2025, because the time period of the present President, Michael D. Higgins, is ready to finish the day after.
Establishing a Bitcoin reserve — not to mention one coming from a minor, impartial get together — could be no simple feat.
Regardless of recent regulatory progress, the US, El Salvador and Bhutan are among the many few international locations which have established a Bitcoin reserve up to now.
Associated: US has ‘countless’ ways to bolster Bitcoin reserve: Bo Hines
McGregor’s political visibility was not too long ago boosted by a visit to the White House, the place he met Trump and acquired his assist.
Nevertheless, McGregor is dealing with intense scrutiny in Eire, having not too long ago been discovered responsible of sexual assault in a civil case — a conviction which he has since appealed — whereas additionally beforehand being investigated for hate speech crimes.
McGregor’s final crypto endeavor failed
McGregor’s push for a Bitcoin reserve comes a little bit over a month after the McGregor-backed REAL project failed to draw enough funding in its token launch pre-sale, prompting a full refund to all token bidders.
The workforce behind the challenge, Actual World Gaming, only raised $392,315 over a 28-hour presale on April 5 and 6, lower than half of the $1 million minimal requirement that it initially set.
Journal: Adam Back says Bitcoin price cycle ’10x bigger’ but will still decisively break above $100K
Telegram’s cryptocurrency TON, is experiencing vital downward strain on the short-term, in accordance with CoinDesk Analysis’s technical evaluation mannequin. The token noticed a 4.67% intraday decline to as little as $3.15 on excessive quantity (3.65 million), although latest value motion exhibits modest restoration makes an attempt from the lows with new resistance forming at $3.24. The token is down 3% within the final 24 hours. The CoinDesk 20 — an index of the highest 20 cryptocurrencies by market capitalization, excluding stablecoins, memecoins and trade cash — misplaced 3.2%. Technical Evaluation • Crucial help zone established round $3.15-$3.16, confirmed by above-average buying and selling quantity. • The steepest value drop occurred in a 4.67% intraday decline on exceptionally excessive quantity (3.65 million), signaling robust promoting strain. • Resistance forming at $3.24, although the general development stays bearish with decrease highs established all through the interval. • Restoration sample noticed within the final hour, climbing from $3.19 to $3.20, representing a 0.4% achieve. • Sharp sell-off noticed value drop to $3.18, earlier than shortly discovering help and initiating a robust upward trajectory. • New resistance degree established at $3.21, with subsequent profit-taking pushing costs again to the $3.20 vary the place consolidation is happening. Disclaimer: Components of this text have been generated with the help from AI instruments and reviewed by our editorial staff to make sure accuracy and adherence to our standards. For extra info, see CoinDesk’s full AI Policy. Meta has sued the maker of a preferred AI “nudify” app, Crush AI, that reportedly ran 1000’s of advertisements throughout Meta’s platforms. Along with the lawsuit, Meta says it’s taking new measures to crack down on different apps like Crush AI. In a lawsuit filed in Hong Kong, Meta alleged Pleasure Timeline HK, the entity behind Crush AI, tried to bypass the corporate’s evaluation course of to distribute advertisements for AI nudify providers. Meta mentioned in a weblog submit that it repeatedly eliminated advertisements by the entity for violating its insurance policies, however claims Pleasure Timeline HK continued to put extra advertisements anyway. Crush AI, which makes use of generative AI to make faux, sexually specific photographs of actual folks with out their consent, reportedly ran more than 8,000 ads for its “AI undresser” services on Meta’s platform within the first two weeks of 2025, in accordance with the writer of the Faked Up e-newsletter, Alexios Mantzarlis. In a January report, Mantzarlis claimed that Crush AI’s web sites obtained roughly 90% of their site visitors from both Fb or Instagram, and that he flagged a number of of those web sites to Meta. Crush AI reportedly evaded Meta’s advert evaluation processes by establishing dozens of advertiser accounts and incessantly modified domains. A lot of Crush AI’s advertiser accounts, in accordance with Mantzarlis, have been named “Eraser Annyone’s Garments” adopted by completely different numbers. At one level, Crush AI even had a Fb web page selling its service. Fb and Instagram are hardly the one platforms coping with such challenges. As social media firms like X and Meta race so as to add generative AI to their apps, they’ve additionally struggled to average how AI instruments could make their platforms unsafe for customers, notably minors. Researchers have discovered that hyperlinks to AI undressing apps soared in 2024 on platforms like X and Reddit, and on YouTube, thousands and thousands of individuals have been reportedly served ads for such apps. In response to this rising downside, Meta and TikTok have banned keyword searches for AI nudify apps, however getting these providers off their platforms solely has confirmed difficult. In a weblog submit, Meta mentioned it has developed new expertise to particularly establish advertisements for AI nudify or undressing providers “even when the advertisements themselves don’t embody nudity.” The corporate mentioned it’s now utilizing matching expertise to assist discover and take away copycat advertisements extra shortly, and has expanded the record of phrases, phrases and emoji which are flagged by its methods. Meta mentioned it’s also making use of the techniques it has historically used to disrupt networks of unhealthy actors to those new networks of accounts operating advertisements for AI nudify providers. For the reason that begin of 2025, Meta mentioned, it has disrupted 4 separate networks selling these providers. Outdoors of its apps, the corporate mentioned it can start sharing details about AI nudify apps by way of Tech Coalition’s Lantern program, a collective effort between Google, Meta, Snap and different firms to forestall youngster sexual exploitation on-line. Meta says it has offered greater than 3,800 distinctive URLs with this community since March. On the legislative entrance, Meta mentioned it will “proceed to support legislation that empowers dad and mom to supervise and approve their teenagers’ app downloads.” The corporate beforehand supported the US Take It Down Act, and mentioned it’s now working with lawmakers to implement it. 16 Things Foreigners Notice Most About People from Michigan 15 High-Paying Careers in Indiana 5 Steps to Help You Move On and Feel Less Pain Salesforce Is Cutting Back on Hiring Engineers Thanks to AI Landa promised real estate investing for $5. Now it’s gone dark. 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