X Revokes API Access for InfoFi Apps, KAITO Token Drops Over 15%

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X product lead Nikita Bier confirmed that the platform is cutting API access for apps like Infofi that reward users for posting, citing concerns about spam. Affected developers will be encouraged to shift to Threads and Bluesky. The KAITO token fell over 15% in response. Altcoins to watch are under pressure as the fear and greed index shows heightened market anxiety.

Odaily Planet News: X product lead Nikita Bier posted on the X platform stating that X is revising its developer API policies and will no longer allow apps that reward users for posting on X (i.e., infofi). These apps have led to a surge in AI-generated spam and reply spam on the platform. Access to the API for such apps has already been revoked. If developer accounts are terminated as a result, Nikita Bier said they would assist affected businesses in transitioning to Threads and Bluesky.

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