Crypto & Web3 News and Education

spot_img
HomeNetworksBitcoinAPPLE BRIEFLY REMOVES METAMASK WALLET FROM APP STORE

APPLE BRIEFLY REMOVES METAMASK WALLET FROM APP STORE

In a surprising move, popular Ethereum wallet MetaMask found itself briefly removed from the Apple App Store over the weekend, sparking questions about the reasons behind this sudden disappearance. However, the wallet was soon restored, leaving users relieved but curious about the episode.

The MetaMask team addressed the issue promptly, clarifying that the removal was unrelated to any malicious activities or security concerns. They reassured their user base, which spans over 30 million users worldwide, that no action was required on their part. Additionally, they emphasized that the incident had no impact on the wallet’s functionality, thus putting to rest concerns about its core features.

“FYI: We’re aware that MetaMask isn’t currently available for download on the App Store. This is not related to anything malicious, and our team is working hard to resolve it ASAP,”

stated the MetaMask team, ensuring users that this was merely a temporary disruption.

Moreover, MetaMask remained optimistic about the situation, saying, “We anticipate that MetaMask will be back on the App Store shortly.” While they didn’t delve into specifics regarding the reason behind the removal, it’s evident that it wasn’t due to any security or functional issues within the wallet itself.

This isn’t the first time MetaMask has faced challenges within app marketplaces controlled by tech giants. In December 2019, Google suspended MetaMask from its Play Store, citing a violation of financial services guidelines due to its policy against cryptocurrency mining on mobile devices. Despite MetaMask’s appeal, Google maintained the ban.

Apple’s involvement in this incident brings to light the challenge it poses to crypto apps. Apple’s stringent guidelines mandate that app developers share 30% of transaction revenues, which has been a significant roadblock for crypto companies seeking to provide their services to iOS users.

In particular, the removal of Damus, a Bitcoin-friendly social media app, revealed the impact of Apple’s revenue-sharing policy. Damus featured a tipping feature allowing content creators to receive Bitcoin tips via the Lightning Network, circumventing traditional financial intermediaries. Apple perceived this as a breach of its guidelines, which prohibit developers from selling in-app content directly unless transactions are routed through Apple, entitling the tech giant to a 30% cut.

As the debate around Apple’s dominance in controlling revenue streams intensifies, crypto companies continue to grapple with the challenges posed by the company’s stringent policies. While MetaMask’s recent episode was quickly resolved, it highlights the ongoing struggle for crypto apps seeking to navigate the iOS ecosystem without compromise.

*Disclaimer: News content provided by Genfinity is intended solely for informational purposes. While we strive to deliver accurate and up-to-date information, we do not offer financial or legal advice of any kind. Readers are encouraged to conduct their own research and consult with qualified professionals before making any financial or legal decisions. Genfinity disclaims any responsibility for actions taken based on the information presented in our articles. Our commitment is to share knowledge, foster discussion, and contribute to a better understanding of the topics covered in our articles. We advise our readers to exercise caution and diligence when seeking information or making decisions based on the content we provide.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img

Latest

Most Popular