ME News, January 16 (UTC+8): Nikita Bier, X's product lead, posted that developer API rules are being revised, and applications that reward users for posting on X (e.g., "infofi") will no longer be allowed. This has led to an influx of AI-generated spam and reply spam on the platform. Access to the API has already been revoked for these applications, so user experience on X should begin to improve soon (once bots realize they no longer receive payment). If your developer account has been terminated, contact the team, and they will assist in transitioning your business to Threads and Bluesky. As a result of this announcement, KAITO briefly dropped over 20%, now trading at 0.59 USDT. (Source: ME)