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Apple’s App Store promoted fake Bitcoin wallet that stole $1.8M after developer spent a year warning them

Apple’s tightly controlled App Store is facing renewed scrutiny after three Bitcoin holders alleged they lost $1.8 million to a fake crypto wallet, adding to a growing list of malicious wallet apps that have reached users despite the company’s screening process. The lawsuit, filed July 24 in California, accuses Apple of failing to adequately review …

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Will new Apple CEO combat fake crypto apps littering the “walled garden” App Store?

Apple is heading into its biggest leadership transition in years, just as scrutiny is mounting over the security of its App Store and the rise of crypto theft on iPhones. On April 20, the company revealed that John Ternus, its senior vice president of hardware engineering, will succeed Tim Cook as chief executive officer by …

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Next week could decide whether SEC lets your Apple shares live on-chain — with the same protections

The Dec. 4 meeting of the SEC’s Investor Advisory Committee opens with a question the agency has spent years avoiding: “What does it actually look like when publicly traded equities live on a blockchain?” Not as wrapped derivatives on offshore exchanges, not as speculative tokens detached from shareholder rights, but as registered securities trading inside …

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MetaMask launches social login feature using Google and Apple accounts for wallet access

MetaMask introduced a social login feature on Aug. 26, allowing users to create and manage crypto wallets using Google or Apple accounts. According to the announcement, the initiative aims to eliminate the complexity of traditional 12-word seed phrases in its latest crypto adoption initiative. The self-custodial wallet service streamlined wallet creation into two steps: signing …

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PancakeSwap launches tokenized stock futures for Apple, Tesla, Amazon with 25x leverage

PancakeSwap has introduced futures contracts tied to major U.S. stocks, enabling users to trade synthetic versions of Apple, Amazon, and Tesla shares directly on the blockchain, according to an Aug. 5 release. The new feature, live from Aug. 5, allows crypto users to open leveraged long or short positions using only a self-custodied wallet. Trades …

Read at CryptoSlate

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