App Store news
How to buy Bitcoin with Apple Pay?
Cryptocurrency exchanges are introducing various ways to buy Bitcoin (BTC) using the Apple Pay payment method. This comes as a good move for Bitcoin adoption since the Apple Pay digital wallet accounts for more than 507 million mobile wallet downloads and a dominating market share of 43.5% in the United States mobile payments market. This ability to now integrate and buy Bitcoin with Apple Pay paves new crypto opportunities for iPhone users. This article explains how to purchase Bitcoin and other cryptocurrencies using Apple Pay. What is Apple Pay digital wallet? Apple Pay, introduced in 2014, is a mobile payment …
Adoption / Jan. 5, 2023
Apple to allow third-party app stores in windfall for NFTs and crypto
Tech giant Apple is gearing up to permit third-party app stores on its devices to comply with new anti-monopolistic requirements from the European Union (EU), which could be seen as a huge win for crypto and NFT app developers, at least in Europe. Under the new rules, European customers would be able to download alternative app marketplaces outside of Apple’s proprietary App Store, thus allowing them to download apps that skirt Apple’s 30% commissions and app restrictions according to a Dec. 13 Bloomberg report citing those familiar with the matter. Currently, Apple has stringent rules for NFT apps that practically …
Nft / Dec. 14, 2022
New Apple rules double down on 30% NFT 'tax' and geo-limits exchanges
Technology heavyweight Apple has clarified its App Store rules around nonfungible tokens (NFTs) and cryptocurrency exchanges marking the first time its codified specific rules for NFTs. The new rules confirm how NFT purchases will be taxed and what they can and can't be used for, while also clarifying rules around when a crypto exchange app can be listed. The Oct. 24 update to its App Store guidelines saw language added that allows fo in-app purchases of NFTs, but bars any NFTs acquired elsewhere to be used for anything other than viewing. It also allows applications to use in-app purchases to …
Technology / Oct. 25, 2022
Shopify partners with Novel to deliver accessible Web3 for merchants
Major global e-commerce platform Shopify announced a partnership with Novel, a no-code Web3 commerce platform, to make Web3 technologies accessible and approachable for all merchants. As part of the partnership, Novel launched an app on the Shopify App Store, which equips existing merchants on Shopify with tools to experience Web3 innovation in ecommerce without any technical knowledge or time and monetary commitments. The Novel Shopify app delivers two primary features, minting and distribution and utility. The minting and distribution feature allows users to generate art for a new nonfungible token (NFT) collection or upload an existing NFT collection. Novel can …
Nft / Oct. 18, 2022
AMC Theatres mobile app accepts Dogecoin, Shiba Inu and more
AMC Theatres, an American pro-crypto movie theater chain, updated its mobile application services to accept Dogecoin (DOGE), Shibu Inu (SHIB) and other cryptocurrencies as payment across the United States. AMC Theatres first started accepting crypto payments back on November 12, 2022, which allowed customers to purchase movie tickets online using Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH) and Litecoin (LTC). On January 6, 2022, Adam Aron, CEO of AMC Theatres, promised users via a tweet to include meme tokens DOGE and SHIB by March. While slightly delayed, Aron’s team delivered. Exactly as promised, the AMC mobile app for AMC’s U.S. …
Adoption / April 17, 2022
CBDC wallet tops mobile app store charts in China
The official digital yuan wallet app that was released as a pilot version to be used in select cities has still managed to top app store charts in its first week. Developed by the Digital Currency Research Institute of the People’s Bank of China (PBoC), the app became available for download on Chinese Android and Apple app stores last Tuesday. The app is still in an experimental phase and is only accessible to select individuals through authorized e-CNY service providers. While anyone in China could download the app, its usage is limited to select cities. Despite these limitations, the South …
Adoption / Jan. 10, 2022
Coinbase overtakes TikTok for #1 position on Apple app store
Major cryptocurrency exchange Coinbase’s mobile app now tops the charts for the U.S. Apple App Store. According to the Top Charts list on the Apple App Store, Coinbase is currently the most popular app in the United States, ahead of TikTok, YouTube, Facebook, Instagram, and trading app Robinhood. Cash App, which allows users to send money and buy Bitcoin (BTC), sits in the #12 position at the time of publication, while Binance’s and Trust’s apps are at #16 and #17, respectively. Coinbase’s app had been near the top of Apple’s App Store last month, often behind Robinhood in the number …
Business / May 11, 2021
iPhone user blames Apple for $600K Bitcoin theft via fake app
A scam cryptocurrency app on Apple’s app distribution service App Store has reportedly stolen $600,000 Bitcoin (BTC) from one iOS user. Cryptocurrency holder Phillipe Christodoulou fell victim to a scam app on the App Store, losing nearly all his life savings to a fake crypto wallet application, The Washington Post reports Tuesday. Christodoulou went on the App Store last month to search for a mobile Trezor app to check his Bitcoin balance via phone. Unaware that Trezor does not currently provide an iOS app, Christodoulou downloaded a doppelgänger Trezor application that boasted close to five stars, giving the impression that …
Bitcoin / March 31, 2021
Injecting Apple-like ‘quality-control’ into DeFi is what we need
If you’re an Apple App Store user, then you’re probably aware of the recent legal drama surrounding the updates to the App Store guidelines. It’s a reasonably open secret that the App Store is designed to be at its core, more difficult for app developers to deploy their apps on than competitors' offerings, pushing for a “quality over quantity” environment to protect its user base. With this push by Apple, we have just witnessed with the hammer coming down on the conservative social media app Parler following in the footsteps of Twitter and Facebook permanently banning former-U.S. President Donald Trump …
Technology / Jan. 26, 2021
Web 3.0 Initiatives Can Drive Crypto Adoption Across the Globe
In October, web browser developer Opera Software AS launched added support for in-browser transactions with Bitcoin (BTC) and Tron (TRX). This follows the company’s initial launch of an in-browser Ether (ETH) wallet in 2018. The latest announcement is part of the company’s grander plan to make the “Web 3.0” easier to access for the average consumer. Opera, based in Norway, is the first major browser to develop and integrate a native crypto wallet, which also supports direct transactions. The company started testing the in-browser payment feature in July through a beta version of the Opera for Android browser. Opera’s move …
Bitcoin / Nov. 20, 2019
Cryptocurrency Mobile App Downloads Stall Amid Price Surge: Report
Despite bitcoin’s (BTC) recent price surge, the download count of cryptocurrency-related mobile applications is not increasing, Bloomberg reports on June 28 Data form mobile app analytics firm App Annie shows that, while in the first half of 2018 there were 65.8 million cryptocurrency-related app downloads, in the first six months of this year there were 67 million, an increase of about 1.82%. This growth is not nearly as sharp as that reported in previous years, considering that the first half of 2017 saw 28.2 million crypto apps downloads from 2016’s 15.3 million, a 45% increase. Apps related to the industry …
Adoption / June 30, 2019
Game On! ‘Crypto Arcade Playground’ to Help Indie Developers Compete With Giant Studios
For small indie game developers, the advent of Apple’s App Store and Google Play has proven to be both a blessing and a curse. While one-man bands were able to upstage some of the world’s largest game publishers initially – Flappy Bird, anyone? – established studios have started to catch up, with competition in the marketplace rife and high commission fees eating into already tight profit margins. However, a decentralized “crypto arcade playground” is hoping to help smaller creators survive and succeed by enabling them to target gamers through blockchain – giving them a chance to market and monetize their …
Blockchain / Oct. 1, 2018