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API – Cryptocurrencypanther https://cryptocurrencypanther.com Latest Crypto News Fri, 16 Jan 2026 11:41:46 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://cryptocurrencypanther.com/wp-content/uploads/2021/07/cropped-Cryptocurrency-e1626714913653-32x32.png API – Cryptocurrencypanther https://cryptocurrencypanther.com 32 32 Kaito winds down Yaps product after losing access to the X API https://cryptocurrencypanther.com/2026/01/16/kaito-winds-down-yaps-product-after-losing-access-to-the-x-api/ https://cryptocurrencypanther.com/2026/01/16/kaito-winds-down-yaps-product-after-losing-access-to-the-x-api/#respond Fri, 16 Jan 2026 11:41:46 +0000 https://cryptocurrencypanther.com/2026/01/16/kaito-winds-down-yaps-product-after-losing-access-to-the-x-api/

Kaito winds down Yaps product after losing access to the X API

  • X’s API ban erased Yaps, removing most of the real token utility of KAITO.
  • Insider wallet transfers before the shutdown intensified sell pressure.
  • KAITO’s price has fallen below key support, leaving the token near all-time lows.

Kaito has officially begun winding down its Yaps product after losing access to the X API, marking a major turning point for the project and its token economy.

The decision follows a recent policy change by X, formerly Twitter, which banned applications that reward users for posting content on the platform.

X cited a surge in AI-generated spam and low-quality engagement as the primary reason for revoking API access from so-called “reward-for-posting” or InfoFi apps.

Why X’s move forced Kaito to pull down Yaps

Yaps was Kaito’s flagship product and the core driver of user engagement across the ecosystem.

The program rewarded users with KAITO tokens for creating and interacting with crypto-related posts on X.

For many participants, Yaps represented the main reason to hold and use the KAITO token.

According to multiple industry estimates, Yaps accounted for roughly 70% of KAITO’s practical token utility.

Hence, the shutdown triggered an immediate and severe demand shock for the token.

Kaito confirmed that the Yaps incentive program and its associated leaderboards would be sunset rather than modified.

The company stated that the product could not operate in compliance with X’s new API restrictions.

This forced exit exposed the risks of building token-driven engagement models on centralized social platforms.

Thousands of users were affected by the move almost overnight.

Data shared by market trackers indicates that approximately 157,000 Yaps-associated accounts were banned or disabled following the policy enforcement.

The sudden loss of users accelerated selling pressure as participants exited positions tied to the discontinued program.

Market reaction and insider trading concerns

The market reaction to the Yaps shutdown was swift and decisive.

KAITO fell 19.5% in a 24-hour period, sharply underperforming the broader crypto market, which declined by just 1.05% over the same timeframe.

The token dropped to around $0.5449, sliding close to its all-time low of $0.4717 recorded in December.

Trading volume surged to over $153 million in 24 hours, representing more than the project’s daily market capitalization turnover.

This spike in volume signaled conviction-driven selling rather than a temporary volatility spike.

Sentiment deteriorated further after allegations of insider trading began circulating within the crypto community.

On-chain analysts flagged a wallet linked to the Kaito team that deposited 5 million KAITO tokens, worth roughly $2.7 million at the time, to Binance.

The transfer occurred approximately seven days before the public announcement of the Yaps shutdown.

This deposit represented nearly 2% of the circulating supply and was the largest exchange inflow for KAITO in the last 90 days.

While no wrongdoing has been proven, the timing raised concerns about information asymmetry.

Retail investors interpreted the move as a potential loss of confidence from insiders.

Trust erosion compounded the downside pressure already created by the loss of token utility.

At the same time, Kaito is attempting to reposition its business model.

The company announced a pivot toward Kaito Studio, a product focused on connecting brands with vetted creators.

Unlike Yaps, the new model emphasizes quality-driven marketing and analytics rather than mass token incentives.

This transition reduces reliance on retail participation but introduces uncertainty around KAITO’s future role.

It remains unclear whether brands will be required to use KAITO as a payment or settlement token.

Without a clearly defined demand loop, token value accrual becomes harder to justify in the near term.

KAITO price analysis and ecosystem transition

From a technical perspective, KAITO confirmed a bearish breakdown.

The price slipped below the key $0.60 support level, which had acted as both a psychological and structural floor.

Momentum indicators have turned decisively negative following the breakdown.

The MACD histogram has flipped bearish while the RSI hovered near 44, suggesting further downside remained possible.

KAITO price analysis
KAITO price chart | Source: TradingView

Algorithmic trading systems also appear to accelerate selling after the $0.60 support was lost.

With limited historical support below current levels, the next major technical target sits near $0.47.

Kaito price forecast

KAITO currently trades at approximately $0.5449 with a market capitalization near $131 million and a fully diluted valuation of approximately $540 million.

The wide gap between circulating and total supply highlights ongoing dilution risk.

In the short term, price action remains fragile as long as KAITO trades below the $0.60 resistance zone.

A failure to hold above $0.50 could open the door to a retest of the $0.47 all-time low.

Any relief rallies are likely to face heavy selling pressure from trapped holders near prior support levels.

A bullish reversal would require a sustained reclaim of $0.60 accompanied by declining sell volume.

Fundamentally, clarity around insider wallet activity and transparent communication from the team are critical.

Longer-term upside depends on whether Kaito Studio can generate real demand that directly involves the KAITO token.

Until that narrative is proven, KAITO is likely to remain volatile and sentiment-driven.

For now, the market appears to be pricing in caution rather than confidence.



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Cardano Invests in Blockfrost API to Boost Infrastructure Evolution – CoinGape https://cryptocurrencypanther.com/2024/01/29/cardano-invests-in-blockfrost-api-to-boost-infrastructure-evolution-coingape/ https://cryptocurrencypanther.com/2024/01/29/cardano-invests-in-blockfrost-api-to-boost-infrastructure-evolution-coingape/#respond Mon, 29 Jan 2024 17:50:07 +0000 https://cryptocurrencypanther.com/2024/01/29/cardano-invests-in-blockfrost-api-to-boost-infrastructure-evolution-coingape/

Cardano Invests in Blockfrost API to Boost Infrastructure Evolution  CoinGape



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RocketX announces beta launch of its API for multichain crypto swaps https://cryptocurrencypanther.com/2023/11/25/rocketx-announces-beta-launch-of-its-api-for-multichain-crypto-swaps/ https://cryptocurrencypanther.com/2023/11/25/rocketx-announces-beta-launch-of-its-api-for-multichain-crypto-swaps/#respond Sat, 25 Nov 2023 15:59:49 +0000 https://cryptocurrencypanther.com/2023/11/25/rocketx-announces-beta-launch-of-its-api-for-multichain-crypto-swaps/

  • RocketX is a CEX and DEX aggregator that allows for cross-chain trading of hundreds of crypto assets
  • This is enabled through the platform’s application programming interface (API), now available in beta.
  • Integration will allow users to transfer crypto tokens to any dApp, benefitting DeFi, NFT marketplaces and gaming among other ecosystems.

RocketX, a cross-chain centralised and decentralised exchange aggregator, has released the beta version of its developer application programming interface (API).

With this, the CEX and DEX aggregator is bringing multi-chain crypto swaps to any decentralised applications (dApps) via a single API. Users can tap into the API to trade multiple assets across over 100 blockchains.  

RocketX API for crypto swaps into any dApp

Using the hybrid aggregator’s API, developers can integrate crypto swaps into any dApp. It will only take a few lines of code for a developer to add multi-chain digital asset transfers to DeFi applications, NFT marketplaces and blockchain games.

RocketX API allows for both on-chain and cross-chain self-custodial asset swaps. Liquidity worth over $100 billion is sourced from 450 CEX and DEX platforms, giving dApps access to the most competitive rates across 200 DeFi ecosystems.

“Users will benefit from the lowest fees too, as the RocketX API’s algorithm also takes into account the gas fees across all supported exchanges and bridges, all with a response time of less than 1ms,” RocketX said in an announcement.

Support is across Bitcoin, Ethereum, BNB Chain, Polygon, Cosmos and Solana among other chains. RocketX has also integrated with Hedera, Sei, XCD Network and MicroVision Chain, using the partnerships to improve scalability and interoperability.

According to RocketX, the beta launch offers more than just decentralised access and deep liquidity for users of NFT marketplaces, GameFi, GambleFi and AI applications. It also means near-instant exchange of over 20,000 tokens, with this available across major networks, wallets and asset pairs.

To incentivise adoption, RocketX is offering a share of the network transaction fees to partners who integrate with the API. dApps can therefore earn extra revenue from this, the platform noted.



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