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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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....
The long story short: Apple has always been skeptical about the blockchain realm, probably seeing it as a potential threat to the authority of the Big Tech companies. Now the tech giant has decided to pick faults in crypto wallet apps. The Trust Wallet iOS app has become “temporarily unavailable” for new installations and updates […]