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1h ago

XBans 'InfoFi' Apps, Pulls API Access to Curb AI Spam

The crackdown follows complaints about low-quality engagement from pay-to-post schemes.

X cracks down on 'InfoFi' reward models, triggering sell-offs across crypto social tokens
Kaito to sunset 'yaps' as x cracks down on infofi apps, token falls 17%
KAITO drops 20% as X blocks InfoFi apps to fight spam

Overview

  • Nikita Bier, X’s head of product, announced revised API policies that prohibit apps paying users to post and confirmed immediate revocation of access for those services.
  • Bier said some affected firms had been paying millions for Enterprise API access, yet X refused to continue serving those use cases.
  • X invited terminated developers to seek assistance transitioning their products to Threads or Bluesky.
  • Kaito said it is sunsetting its Yaps feature after discussions with X and will pivot to a curated creator-marketing platform called Kaito Studio.
  • Markets reacted sharply: KAITO fell roughly 15–20% to about $0.56, Kaito’s Yapybaras NFT floor dropped over 50% to 0.21 ETH, and tokens such as Cookie DAO and Loud slid around 11%, according to CoinGecko and OpenSea.