#crypto trending news

[silverlineswap]

Apple will let third-party app stores, providing a boon for NFTs and Cryptocurrency

SilverLineSwap-Crypto News

New EU regulations will compel Apple to allow alternative app stores and programs without requiring users to go via its App Store, which is a gain for creators of cryptocurrency-related apps. In order to comply with new anti-monopolistic regulations from the European Union (EU), tech giant Apple is preparing to allow third-party app stores on its devices.

This may be considered a significant gain for crypto and NFT app developers, at least in Europe. According to a Dec.13 Bloomberg report citing people familiar with the matter, under the new regulations, European customers would be able to download alternative app marketplaces outside of Apple’s exclusive App Store, enabling them to download apps that avoid Apple’s 30% commissions and app restrictions. Apple now has strict guidelines for NFT apps that essentially require users to make in-app purchases subject to a 30% fee from Apple, while apps are not allowed to facilitate cryptocurrency payments.

The self-custody wallet app update from Coinbase was blocked on December 1st as a result of Apple’s enforcement of its regulation because Apple planned to “capture 30% of the gas price” through in-app sales, which is “obviously not possible,” according to Coinbase. The next accusation was that if NFT transactions couldn’t be completed through Apple’s in-app purchase mechanism, Apple wanted the wallet to deactivate them. In reaction to the report that a “crypto app store” may be created and would be a “wonderful candidate” for a venture capital-backed firm, Alex Salnikov, co-founder of NFT marketplace Raible, tweeted on December 13.

In response to the EU’s Digital Markets Act, which seeks to control so-called “gatekeepers” and guarantee that platforms behave fairly, Apple has decided to open its ecosystem. One of the measures allows “third parties to inter-operate with the gatekeeper’s own services.” Businesses must completely comply by May 2024 and it will take effect in May 2023. Apple hasn’t made up its mind on whether or not it would abide by a provision of the Act that permits developers to integrate alternate payment methods within programs that don’t involve Apple.

If it complies, it may allow cryptocurrencies to be used in payment systems. In an effort to shield customers from dangerous apps, the tech giant is considering imposing security standards for software not found in its store, such as Apple certification. Only the EU would be affected by the modifications to Apple’s closed environment; other nations would need to enact legislation with comparable provisions, such as the Open App Markets Act that Senators Marsha Blackburn and Richard Blumenthal have suggested for the US Congress.

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[gainercryptocom]

Caw Crypto Price Prediction: Unveiling Future Market Trends

[fresherfriut]

[markantos]

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[dearrow-arts]

Holographic Ships inside bottles ⛵❤️

Follow me DeArrow Arts blog for more ai arts like this ❤️🌼

[indeedgoodman]

[fatehavtarsingh]

"Cloud.Memory" 2023 by Fateh Avtar Singh

from the “Reboot” collection

“With love for art, respect for artists and collectors, when every day for development, self-improvement and work”

link to the item܄ OpenSea

[aiartsale]

Bitcon is all about Bitcoin but with bite and some snark shot mit (mean spirited wit). Minty fresh NFTs....mmmmm. Burn after reading 🔥

[savageboar]

how about instead of arguing about ai online and going to bat for copyright laws you support the unionization of artists and art industries for a real chance at protecting the people you claim to care about.

[gainercryptocom]

New Crypto Coins: Exploring the Latest Digital Investments

[allcryptocurrencynews]

Crypto Crew

Find the latest cryptocurrency news, updates, values, prices, and more related to Bitcoin, Ethereum, Dogecoin, DeFi and NFTs with CryptoCrew

[andrep11]

Invitation 2023

Featured Artist: Andrepace

[vigorsense]

Ethereum’s Shapella Upgrade: A Warning for Investors in Cryptocurrency Market!

The latest software upgrade by Ethereum, known as Shapella, has now caused significant delays for cryptocurrency investors trying to withdraw funds deposited on the Ethereum blockchain. This situation exposes persistent headaches for Ethereum, which aims to become a widely-used financial infrastructure for instant payments. Prior to the upgrade, investors who deposited ether on the Ethereum blockchain could not withdraw their funds.

However, the upgrade was expected to unlock over $30 billion worth of ether deposited on the Ethereum blockchain in return for interest. Unfortunately, this has resulted in delays due to the limits on the number of transactions the blockchain can process. Read More

[mansurihamza]

Crypto currency

Cryptocurrency is a type of digital or virtual currency that uses cryptography for security and operates independently of a central bank. Cryptocurrencies are decentralized and rely on blockchain technology, which is a digital ledger that records all transactions.

The most well-known cryptocurrency is Bitcoin, but there are thousands of other cryptocurrencies, including Ethereum, Litecoin, and Ripple. Cryptocurrencies can be bought and sold on various cryptocurrency exchanges, and they can also be used to purchase goods and services from merchants who accept them as a form of payment.

One of the main benefits of cryptocurrencies is their decentralization, which means that they are not controlled by any government or financial institution. This makes them immune to government interference and inflation. However, their value can be volatile and subject to market fluctuations.

Cryptocurrencies have also been associated with illegal activities, such as money laundering and the purchase of illicit goods and services on the dark web. Therefore, they are subject to regulation and scrutiny by government authorities in many countries.