Bankr bot resumes activity on X after suspension sparks crypto community backlash

Bankr bot resumes activity on X after suspension sparks crypto community backlash

By The Block
However, the bot remains suspended on Telegram, with Bankr founder suggesting a possible violation of terms of service.

Article Details

**Bankr Bot Returns to X Platform Following Crypto Community Outcry Over Suspension**

The popular Bankr cryptocurrency tracking bot has resumed operations on X (formerly Twitter) after a temporary suspension that triggered significant backlash from the digital asset community. The automated service, which provides real-time cryptocurrency market data and blockchain analytics to thousands of DeFi enthusiasts, was reinstated following intense pressure from Bitcoin and altcoin traders who rely on its instant notifications.

While the bot's X functionality has been restored, Bankr remains suspended on Telegram, creating challenges for crypto investors who depend on multi-platform access to market intelligence. The Bankr founder indicated potential terms of service violations may have contributed to the Telegram ban, though specific details weren't disclosed.

This incident highlights the growing dependence of cryptocurrency traders on automated bot services for portfolio tracking and market analysis. The suspension underscored concerns about platform reliability in the rapidly evolving DeFi ecosystem, where real-time data access is crucial for investment decisions. The crypto community's swift mobilization demonstrates the significant role these tools play in modern digital asset trading strategies.

Article Details

Market Sentiment
neutral
Category
institutional
Reading Time
1 min read
Article Type
Article
Topics & Keywords
#Institutional

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Source: The Block

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