Apple's App Store To Host New Support For Cryptocurrencies

Cryptocurrency coins

Get exclusive fiat and cryptocurrency analysis on Hacked.com for just $39 per month.

Moreover, Apple is also barring apps from crypto mining activity done within the device.

Apple showcased a range of new software titles like iOS 12 and macOS 10.14 Mojave during its brief WWDC 2018 keynote speech last week, then, in the days thereafter, the company went on to spend a wealth of hands-on time engaging with iOS, macOS and other developers, familiarizing them with all the new features and capabilities coming later this year to Apple products.

Net neutrality rollback: FCC chairman Ajit Pai responds to critics
Several states including NY and Washington , have passed regulations that impose net neutrality on a local level. Senate Democrats forced a vote to restore net neutrality through the Congressional Review Act in May.

Apple has revealed its revised guidelines in a dedicated section for iOS and MacOS apps centered on the cryptocurrency space.

This isn't the first time that the iPhone maker has taken action against mining apps.

Addressing the rising frauds with the unregulated initial coin offering-based (ICO) fundraising technique, Apple is now only allowing apps from established banks, securities firms, futures commission merchants ("FCM"), or other approved financial institutions. Spotted by AppleInsider, the new rules say that "apps, including any third part advertisements displayed within them, may not run unrelated background processes, such as cryptocurrency mining". This hints that the decision to ban mining apps from the App Store could have been taken to preserve battery performance.

YEP says: Birthday honours for ordinary folk mean so much
Paralympian Kurt Fearnley and author Kate Grenville are among the 1007 Australians on this year's Queen's Birthday Honours List . In total, 1,057 people have received an award with 10% of the successful candidates come from a BAME background.

Apple additionally wants to ensure the seriousness of Initial Coin Offerings, cryptocurrency futures trading, and other crypto-securities or quasi-securities trading.

Four years ago, Apple removed every single bitcoin wallet application on its App Store, including popular wallet app Blockchain.

In July 2017, Apple 'approved' Dash as a cryptocurrency.

Net neutrality repeal takes effect Monday
Proponents of net neutrality quickly mobilized for the overturn of the FCC's repeal, and last month, the U.S. Per the net neutrality order, states can not enact any legislation that attempts to circumvent the repeal.

Wallets coded by developers enrolled as an organisation are also allowed, as are apps that facilitate transactions or transmissions of cryptocurrencies, provided these are offered by the exchanges in question. The app even made it to number 3 in the finance category of the App Store before Apple pulled it down. Exchanges can offer fully-featured apps offering trading abilities, as long as the apps are issued by the exchanges themselves and not third parties.

Related News:

  • Trump to speak after historic summit with North Korea’s Kim Jong Un

    Trump to speak after historic summit with North Korea’s Kim Jong Un

    The White House said Trump would hold a one-on-one meeting with Kim on Tuesday on the small island of Sentosa. Both leaders were greeted on arrival by Singapore Foreign Minister Vivian Balakrishnan .
    Supreme Court allows Ohio and other state voter purges

    Supreme Court allows Ohio and other state voter purges

    If they do confirm they're eligible to vote, or if they show up to vote over the next four years, voters remain registered. "States may use whatever trigger they think best", to trigger the voter removal process, including the failure to vote.
    Here's Six Minutes of Jump Force Gameplay

    Here's Six Minutes of Jump Force Gameplay

    Following the reveal of the game's title, Death Note characters Light Yagami and Ryuk were revealed to be involved as well. This footage also confirmed that Roronoa Zoro of One Piece and Sasuke Uchiha of Naruto will be playable characters.
  • Cyberpunk 2077 Trailer Revealed At E3 2018

    Cyberpunk 2077 Trailer Revealed At E3 2018

    Sadly, if you were hoping for a release at the end of the trailer, you're going to be disappointed. But as explained in the trailer, it's still the most desirable place to live for some reason.
    Life Is Strange Spin-Off Captain Spirit Coming Later This Month For Free

    Life Is Strange Spin-Off Captain Spirit Coming Later This Month For Free

    You don't have to have owned any other Life Is Strange games; you don't have to pre-order the sequel - you can just download it. In The Awesome Adventures of Captain Spirit , you play as Chris, an ordinary 10-year old boy who dreams of being a superhero.
    Samsung Galaxy J7 2018 & Galaxy J3 2018 Announced

    Samsung Galaxy J7 2018 & Galaxy J3 2018 Announced

    Equipped with adjustable LED and selfie flash, the front cameras let you take gorgeous selfies that make you look good every day. The size of the new update is reportedly said to be 1.4GB and hence you should activate Wi-Fi to initiate the download process.
  • North Korean leader, Singapore’s PM discuss Korean Peninsula situation

    North Korean leader, Singapore’s PM discuss Korean Peninsula situation

    What did the secretary of state say? Kim has shown surprising diplomatic skills in his meetings with overseas leaders this year. Lee has said the summit would cost Singapore about S$20 million ($15 million), more than half of which would go on security.
    Casino industry trade show to address sports betting ruling

    Casino industry trade show to address sports betting ruling

    Fertitta owns the NBA's Houston Rockets, and would have been shut out of sports betting under previous versions of the bill. The bill set the tax rate for casinos at 8.5 percent, with an additional 1.25 percent payment to help market Atlantic City.

    Pompeo says North Korea could get ‘unique’ security guarantees

    While en route to Singapore , Trump said he looked forward to meeting Kim on what he anticipated would be an exciting day. Meanwhile, Law and Home Affairs Minister Shanmugam is confident that security is in place for the Trump-Kim summit .
  • Neal Boyd, Season 3 ‘America’s Got Talent’ Winner, Dies at 42

    Neal Boyd, Season 3 ‘America’s Got Talent’ Winner, Dies at 42

    According to TMZ , the star had "a known health condition" relating to his heart and there will be no autopsy carried out. Boyd released two albums following his AGT victory, My American Dream in 2009 and My Christmas Wish in 2013.

    Patrick Vieira confirmed as new Nice boss after New York City exit

    He was also briefly linked to the Arsenal position following Arsene Wenger's departure . Torrent was a head coach at Girona in the Spanish third division in 2005-06.

    The most exciting games from Square Enix's E3 showcase

    Like Shadow of the Tomb Raider , it's possible that we'll see more from Just Cause 4 tonight at Sony's press conference. That new footage does confirm that we'll be visiting the world of Ratatouille , but that's about it.


Most liked

Kingdom Hearts III Getting Limited Edition PlayStation 4 Pro
Kingdom Hearts III has been all over E3 2018 , and it's shown up once more for Sony's press conference. Square Enix will reveal more details about this game on August so stay tuned for more.

Over 600 homes destroyed by Hawaii volcano eruption
Lava destroys homes in the Kapoho area, east of Pahoa, during ongoing eruptions of the Kilauea Volcano in Hawaii , June 5, 2018. Lava from the Kilauea volcano in Hawaii that flowed into Kapoho Bay has created almost a mile of new land.

Watch Celebrity Family Feud Kardashians Full Episode Online 2018
When sisters Khloe, 33, and Kim went head-to-head, Khloe refused to shake Kim's hand, telling her: "It's called 'Family Feud ". The show was filmed back in February-that is, prior to the dense bout of Kanye controversy surrounding the ye album cycle.

EA shows off Battlefield V, Anthem, and Sports games at E3
As for the release date, the game is usually scheduled on October 19 but the developer hinted that it could be delayed. We are given a quick walk through of a four player mission and it looks colourful, diverse and absolutely gorgeous.

Trump meets Kim Jong Un in Singapore
Add North Korea as an interest to stay up to date on the latest North Korea news , video, and analysis from ABC News. But he did not address human rights issues when he met with Kim's top aide, Kim Yong-cho.

Canada rallies to Trudeau after Trump's insult
According to a Canada release, they make nearly 100 Billion Dollars in Trade with USA (guess they were bragging and got caught!). In a series of tweets, the U.S. president called him "very dishonest and weak " and accused him of making false statements .

New Platinum game Babylon’s Fall revealed in Square Enix E3 Showcase 2018
It also comes with the Edition of Light's DLC, one Pep Pop that peps up all active allies and 15 more Seeds of Skill. By giving early glimpses to Microsoft, they took out a lot of sting from their own conference before it even began.

Dwane Casey Agrees to Five-Year Deal to Become Coach of Pistons
Dwane Casey coaches the Toronto Raptors against the Washington Wizards during the first round of the playoffs on April 17, 2018. Casey was sacked on May 11 with one year remaining on his contract at a reported $6.5 million.

Russia 2018: Neymar-led Brazil thrash Austria in final warm up match
Brazil's forward Neymar celebrates during the worldwide friendly football match Austria vs Brazil in Vienna , on 10 June 2018. He will lead the line for Brazil at the World Cup and Tite wouldn't have any second thoughts about that after today.

Nigerian World Cup star arrives as Stoke's first summer signing
After being told of Liverpool's reported interest in his services Shaqiri said: " I can't tell you anything right now ". He then enquired: " Why are you talking about Liverpool? ".

Budget retailer Poundworld about to collapse - Over 5000 jobs in jeopardy
The appointment of Deloitte as administrators leaves the future of five stores in the county hanging in the balance. The stores suffered a major rise in multi-million pound losses a year ago - rising from £5.4m to £17.1m in 2016/17.

Fast facts on Trump's clash with allies over trade
He did him a favor and he was even willing to sign that socialist communique. "Kim must not see American weakness". A White House adviser later admitted that Trump's desire to appear strong was partly the reason for this move.

Skyrim for Alexa is legit, can be downloaded right now
If you don't have an Echo speaker, you can install the Alexa app on your phone and play Skyrim right on your device. I now want audio text adventure games for Alexa.

Missing US air force officer found in California after 35 years
He was last sent overseas, to the Netherlands , on July 18, 1983, to work with North Atlantic Treaty Organization (NATO) officers. At the time of his disappearance, the Air Force said Hughes had a "Top Secret/Single Scope Background Investigation" clearance.

G7 photograph memifies Trump diplomacy
The Canadian leader then described as " insulting " Mr Trump's decision to invoke national security to justify tariffs. But the Canadian prime minister still said a few things that didn't go down well inside Air Force One.