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Indebta > Markets > Crypto > Apple Unexpectedly Pulls MetaMask Wallet from App Store – What’s Going On?
Crypto

Apple Unexpectedly Pulls MetaMask Wallet from App Store – What’s Going On?

News Room
Last updated: 2023/10/15 at 1:18 PM
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Popular Ethereum wallet MetaMask was briefly removed from Apple’s App Store on Saturday before being restored. 

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

The MetaMask wallet is an essential tool for accessing various decentralized applications (DApps) on the Web3 ecosystem, boasting a user base of over 30 million worldwide.

The wallet provider also assured users that there is not security concern and no “action required on users’ part,” adding that it is also not related to the app’s functionality.

“We anticipate that MetaMask will be back on the App Store shortly,” it said. 

This is not the first time MetaMask has faced challenges with 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 upheld the ban.

Apple’s 30% Revenue Cut Poses a Challenge to Crypto Apps

Apple’s guidelines also require app developers to share 30% of transaction revenues. 

This has been a barrier for crypto firms, including those facilitating the purchase of non-fungible tokens (NFTs), as they strive to provide services to iOS users.

As reported, Apple has removed the Bitcoin-friendly social media app Damus from the App Store for violating its terms of service.

The app has a tipping feature that allows content creators to receive tips in the form of Bitcoin through the Lightning Network. 

Apple deemed this feature a violation of its guidelines, as it prohibits developers from selling additional in-app content unless the transactions go through Apple, through which the tech giant takes a 30% cut.



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News Room October 15, 2023 October 15, 2023
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