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X Bans InfoFi Projects, KAITO Plummets 20% — Is This the End?
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TL;DR:
X updates API rules to ban reward‑based InfoFi apps like Kaito and Cookie, sparking token sell‑offs and prompting major shifts across crypto social platforms. The post X Bans InfoFi Projects, KAITO Plummets 20% — Is This the End?
Key Points:
Background:
Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.
Why It Matters:
This development contributes to the ongoing evolution of the cryptocurrency ecosystem and may influence market trends.