Apple updates iOS to fix crypto wallet security vulnerabilities
Coinbase’s head engineer is warning iOS users to update their mobile devices as soon as possible. Apple has issued new security updates for its mobile operating system after the iPhone maker discovered vulnerabilities that could compromise cryptocurrency wallets. The security updates, which were released Tuesday, affect iOS 14.4 and iPadOS 14.4. The vulnerabilities reportedly allowed hackers to gain remote access to a target system, thereby exposing the user’s cryptocurrency wallet. Pete Kim, Coinbase’s head engineer, warned iPhone users to update their operating system immediately. “If....
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Despite the wide variety of cyber attacks against companies and individual users all over the world, far too many websites contain security vulnerabilities. Hackers have a relatively easy time to gain access to centralized databases and obtain sensitive user information. Three In Four Sites Have Security Vulnerabilities. A new report by Symantec paints a rather painful picture for enterprises and individual website owners who collect consumer data. Considering how close to three in four sites have security vulnerabilities which have gone unpatched for quite some time now, the situation is....
"There's a new and secure Bitcoin wallet in town..." So boasts Aegis Wallet's website. The Aegis Bitcoin Wallet is a new product from Aegis Wallet that enables you store private keys on an external device using NFC and Bluetooth. According to the website, it is currently the only bitcoin wallet that offers those capabilities. NFC is a set of technology standards that enable mobile devices to establish radio communication with each other when in proximity. RecentlyApple released its first NFC enabled device, the iPhone 6, signaling that NFC may yet emerge as an important technology for....
A federal judge in California has ruled that Apple Inc. is shielded from the “Toast Plus” class action lawsuit where a fake crypto wallet app was available in the Apple App Store. A customer sued the tech giant after downloading the fraudulent app and lost some crypto.
Apple Not Liable for Loss After Customer Downloaded Fake Crypto App
Judge Phyllis J. Hamilton of the U.S. District Court for the Northern District of California has ruled that Apple Inc. is not liable in a class action lawsuit where a fraudulent cryptocurrency wallet app was available for download on....
Apple has approved a bitcoin wallet app for the iPhone and iPad, though not without a key restriction: App users will not be able to send BTC. bitWallet, made by a company called Sollico, is now available in the Apple App Store. The listing is notable given the struggles of high-profile bitcoin wallet providers such as Coinbase and Blockchain to have their apps remain in the store. Both companies saw their apps removed in events that outraged the wider bitcoin community. A company representative from Sollico says it submitted the wallet to Apple under the notion that it might be approved....