X (Twitter) API Crackdown Impacts Crypto 'InfoFi' Projects, Discord Security
Recent policy changes by X (formerly Twitter) are impacting crypto projects focused on "InfoFi," which financially rewards users for engagement. X revised its developer API policies to ban applications that incentivize posting, citing the need to reduce low-quality engagement and combat spam. This shift has led to projects like Kaito and Cookie DAO sunsetting features that rewarded users for content creation. The InfoFi category experienced a decline following the announcement. Similarly, Discord is seeing a shift in how DeFi projects manage their communities, with open spaces being downgraded due to security concerns and scams. DefiLlama is moving towards controlled support channels like live chat and email.
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