Cointelegraph••1 min read
Kaito's Crypto-Backed 'Yaps' Winds Down After X Bans Payments
The tokens of Kaito.ai and Cookie DAO experienced a decline of over 15% following a ban by X, formerly Twitter, on certain types of payments. According to reports, the ban was implemented to enhance user experience on the social media platform. Nikita Bier, head of product at X, stated the decision aims to improve the quality of content on the platform. The development has led to Kaito winding down its crypto-backed 'Yaps'.
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