Bluesky rolls out cashtags and LIVE badges amid a boost in app installs

Social network Bluesky is updating its app to allow anyone to share when they’re livestreaming on Twitch, and adding specialized hashtags, known as cashtags, for discussing publicly traded stocks.

The new features could potentially help Bluesky capitalize on a recent boost in new installs, which have arrived in the days after the X deepfake news went mainstream.

On X, users were asking its integrated AI bot Grok to turn photos of real women and sometimes minors into sexualized images without consent. This week, California’s attorney general opened an investigation into xAI’s chatbot over the proliferation of the “nonconsensual sexually explicit material.”

In the wake of the controversy, Bluesky saw its downloads surge in the U.S. According to new data from market intelligence provider Appfigures, daily downloads of Bluesky’s iOS app have jumped nearly 50% from the period before news of the deepfakes reached critical mass.

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