Kaito ends Yaps after X bans paid posts; KAITO, COOKIE fall over 15%

X's head of product Nikita Bier said on Thursday the platform will block apps that pay users to post and revoke their API access, prompting Kaito to end "Yaps" and Cookie DAO to wind down "Snaps". KAITO fell 17.7% to $0.57 and COOKIE dropped 15.5% to $0.038, while the InfoFi market cap declined 13%.