X Adds Crypto Lock: X will lock accounts posting crypto content for the first time and require identity checks. Product lead Nikita Bier said this targets scams.
Sonic Token Burn Deadline: Sonic Labs said 32.69 million unclaimed S tokens will be destroyed after October 15, 2026. The S tokens remain locked in the airdrop contract. There will be no extra minting
Telegram Wallet Adds Futures: Wallet in Telegram has launched perpetual futures trading with support for cryptocurrency, stocks, metals, and oil. The feature, powered by Lighter, offers 50x leverage.
In a significant policy shift, X (formerly Twitter) has announced new restrictions on crypto-related content to combat the rising tide of cryptocurrency scams on the platform. The move comes as regulators and platforms worldwide intensify efforts to protect users from fraudulent schemes. Meanwhile, other crypto developments include Sonic Labs' upcoming token burn and Telegram's expansion into derivatives trading, showing the diverse regulatory and product landscape in the crypto space.
