A crypto wallet maker claimed this week that hackers may be targeting people with an iMessage “zero-day” exploit — but all signs point to an exaggerated threat, if not a downright scam.
Trust Wallet’s official X (previously Twitter) account wrote that “we have credible intel regarding a high-risk zero-day exploit targeting iMessage on the Dark Web.
According to Apple, there is no evidence anyone has successfully hacked someone’s Apple device while using Lockdown Mode.
For its part, CodeBreach Lab appears to be a new website with no track record.
TechCrunch could not reach CodeBreach Lab for comment because there is no way to contact the alleged company.
That’s a different strategy from just about every other market, where Google has been merging Wallet and Pay experiences together under a single Wallet app.
We’re continuing to invest in the Google Pay app to give people easy, secure access to digital payments,” a Google spokesperson said in a statement to TechCrunch.
Then, it tried to replace the Wallet and its Android Pay app with Google Pay.
In 2022, Google relaunched the Wallet app as its digital wallet platform for Android, Wear OS and Fitbit OS.
However, in February this year, the search giant announced it would replace Google Pay with the Wallet app in the U.S.
Apple Pay is no stranger to regulatory controversy.
PayPal — the payments behemoth that has substantial businesses in mobile transactions and point-of-sale technology — was apparently instrumental in the original EU complaint around Apple’s payment monopoly.
The DOJ’s argumentApple today takes a 0.15% fee on any transaction made via Apple Pay.
In the meantime, Apple has continued to develop Apple Pay, launching — for example — its own buy now, pay later offering last autumn (pictured above).
Apple Pay and Apple Wallet are both a small part of Apple’s services revenues — which were upwards of $90 billion in 2023 — or indeed overall revenues.
How crypto exchange Backpack climbed its way to success after its major investor FTX died Backpack hit $27.5 billion in total trading volume during its beta phaseBackpack’s founders, who are building a crypto exchange and wallet, have experienced strong growth since launching in 2022.
There’s a bunch of lessons to learn from FTX, Ferrante said.
This is done in hopes that there’s no single point of failure and that the operations of the Backpack crypto exchange can be split up across multiple entities.
At the end of February, Backpack raised $17 million at a $120 million valuation in a Series A round led by Placeholder VC.
But product distribution is top of mind for the exchange as it hopes to get into every country around the world.
Google is sunsetting the Google Pay app in the US later this yearGoogle has announced that Google Pay is shutting down in the United States in June, as the standalone app has largely been replaced by Google Wallet.
Users can continue to access the app’s most popular features right from Google Wallet, which Google says is used five times more than the Google Pay app in the United States.
After June 4, users will no longer be able to send, request or receive money through the U.S. version of the Google Pay app.
Users who used the Google Pay app to find offers and deals can still so do using the new deals destination on Google Search, the company says.
Google says millions of people in over 180 countries use Google Pay to check out when shopping on desktop, mobile and in store.
Naturally, global crypto VC funds flooded into India, hoping to replicate the home runs that Accel, Sequoia and Lightspeed had hit a decade prior.
Bullish reports predicted India housed over 100 million crypto participants, despite far fewer participating in any investment instrument in reality.
Despite having an earlier blanket ban overturned in court, regulators persisted in likening crypto to Ponzi schemes and pressured banks from engaging with any crypto startups.
The pending removal across Google Play, internet providers and beyond caps a journey mired with shutdowns, pivots and relocations abroad for Indian crypto startups.
Some entrepreneurs are still fighting for the Indian crypto dream, requesting New Delhi reconsider the punishing 30% crypto tax.
EUR wallets also come with bank details, which means that Zing customers can receive SEPA payments to their EUR wallet directly.
When it comes to sending money, Zing supports dozens of currencies — more currencies than the ten I listed above.
When you convert GBP to EUR, Zing charges 0.6% in exchange fees.
Plus accounts can exchange up to £3,000 per month without exchange fees.
Premium, Metal and Ultra customers don’t pay exchange fees, but they pay £7.99 to £45 per month in subscription fees.
Hackers compromised the code behind a crypto protocol used by multiple web3 applications and services, the software maker Ledger said on Thursday.
The company says it has sold six million units of its hardware wallet, and Ledger Live, its software equivalent, is used by 1.5 million users.
That would allow the hackers to drain the crypto inside users’ wallets — so long as the users accepted the push to connect their wallets to the malicious Ledger version.
ZachXBT, a well-known independent crypto researcher, wrote on X that one victim had more than $600,000 in crypto drained from their account.
Several blockchain security researchers, as well as people who work in the web3 industry, warned users on social media of the supply chain hack against Ledger.
Ledger has announced a new browser extension called “Setup My Wallet” that aims to improve online security and connectivity for digital assets. The extension allows users to specify preferred languages,…
The Robinhood app is a popular choice for those interested in cryptocurrency and the decentralized nature of the technology. The company has announced that it is now available on all…
