X Revokes API Access for Post-Reward Apps; State Street Launches Digital Asset Platform; Ripple Invests $150M in LMAX
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Summary
Digital asset news: X has revoked API access for apps that reward users for posting content, citing concerns about AI-generated spam. The move affected KAITO, which dropped more than 15% shortly afterward. State Street launched a digital asset platform offering tokenized funds, ETFs, and stablecoins, expanding into direct asset issuance. Ripple invested $150 million in LMAX to enhance the use of RLUSD in institutional trading. The digital collectibles news space remains active as platforms continue to evolve.
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