A few weeks ago, Apple CEO Tim Cook made headlines when he said he personally owns cryptocurrency while mentioning that Apple is looking at it from a technology perspective, but not from a treasury decision. What will Apple do with Bitcoin and cryptocurrency?
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Bitcoin isn’t a new phenomenon (it was released in its most primitive form in 2009), but it might be new to you! Thankfully, while the Bitcoin waters may be confusing and difficult to navigate, many great apps for your iPhone help you get started. If all you know about Bitcoin is the FTX collapse and Sam Bankman-Fried, then you’ve not researched enough to understand what makes Bitcoin unique. Bitcoin is not crypto, and Bitcoin is not a joke. Read on to learn about some recommended resources to start your Bitcoin journey and the best Bitcoin iPhone apps. Apple will eventually build a Bitcoin and Lightning Wallet into the iPhone.
This article was updated on December 23rd, 2023
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In 2020, big businesses and institutions really started jumping into Bitcoin. Now Tesla has invested $1.5 billion into the cryptocurrency and is working on plans to let customers pay with it when buying its EVs. While Apple often stands back and watches before stepping into something new (iPod, iPhone, etc.), I think now is the time for Apple to make its move into Bitcoin/cryptocurrency – here are four ways the company could do it and potentially disrupt the industry.
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You can now buy Bitcoin with Apple Pay, thanks to a new integration in the multi-currency crypto wallet app, Lumi. You can also buy ETH, BCH, Tether USDT, Binance USD, Celsius, Dai, EOS, and more than 1,200 ERC-20 tokens via Ethereum.
Using Apple Pay also simplifies the purchase process, as you can skip identification verification …
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At least three major Bitcoin wallets are vulnerable to fraud, and could even be completely bricked, leaving them unusable by their owners, according to new research.
Ledger Live, Edge, and Breadwallet (BRD) were all found to be vulnerable to the security flaw, but they may not be the only ones…
CoinTicker, a Mac app that displays the current price of Bitcoin and other cryptocurrencies in your menu bar, has been found two contain two separate pieces of malware …
Update: Bitcoin has fallen a further 10% in just one day. It is now trading at $7,289 against a peak of almost $20,000.
A growing number of banks in the USA and UK are banning the use of credit cards to purchase Bitcoin over fears that this could end in trouble for customers and banks alike …
If you’re curious about the Bitcoin craze but haven’t jumped in yet, Square Cash has made it super simple to buy and sell Bitcoin from your iPhone. Square CEO Jack Dorsey says Cash added Bitcoin trading because the company sees Bitcoin “as a long-term path towards greater financial access for all.”
When you think of a cryptocurrency mining rig, it’s easy to associate it with large rigs featuring multiple GPUs in some type of air-cooled room. While that may be true, not every cryptocurrency needs hulking GPUs and rigs designed specifically with mining in mind. In fact, thanks to a handy app called MobileMiner, it’s even possible to mine certain cryptocurrency from a device as diminutive as the iPhone in your pocket.
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Bitcoin has been surging at an unprecedented pace over the last few days, starting the week at just under $10,000 and rocketing to over $18,000 for a brief period today. Now, in conjunction with the crytpocurrency’s rise, popular Bitcoin wallet Coinbase has become the most dowloaded app in the United States…
After an App Store guideline change earlier this month, it seems that Bitcoin wallet apps are once again welcome on the platform, as noticed by Coindesk. The updated rules said that Apple would allow virtual currency apps if they do not violate any federal laws. Apps like eGift and are now available for download in the App Store.
Albeit merely a wrapper around a web app, Coin Pocket does indeed enable the exchange of Bitcoin from within the app itself. This would have not passed Apple approval just a few weeks prior, as Apple’s previous stance did not allow any app that allowed transfers to take place.
Photo: wired.com
Blockchain, the most popular Bitcoin wallet app, has become the latest casualty of Apple’s apparent crackdown on Bitcoin apps. The app was removed from the App Store yesterday without explanation.
Apple had previously removed BitPak and Coinbase, leaving Blockchain the only remaining Bitcoin wallet app. Blockchain had been in the store since April 2012, and has around 120,000 users, and developer Nicolas Cary is accusing Apple of having an ulterior motive for its removal …
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