Apple’s App Store Briefly Removes Crypto Wallet MetaMask, Coinbase CEO Says Antitrust Action May Be Needed – The Daily Hodl

Apple temporarily removed the crypto wallet MetaMask from its App Store, prompting Coinbase CEO Brian Armstrong to suggest filing an antitrust action against the Silicon Valley giant.

MetaMask said it was aware that Apple users were not able to download its app, but that the issue wasn’t related to anything malicious.

The company also warned of the possibility that scammers may take advantage of the situation by advertising phishing traps posing as the real MetaMask.

“If you come across any fake MetaMask apps on the App Store, please report them immediately. Our top priority is to get this sorted out quickly and protect users from any fake apps.”

Solana (SOL) co-founder Anatoly Yakovenko commented on the situation, saying that an alternative to Google Play and Apple’s App Store is becoming more necessary.

“It’s like we need an alternative app store or something. I feel like it’s going to take an act of Congress to force side-loading apps on all ‘operating systems.’

Apple is incredibly hard to compete with on product. You can make better hardware, but it will cost more and will take longer to ship.”

In response to Yakovenko, Coinbase CEO Brian Armstrong says the problem may be addressed by the antitrust law, which aims to promote competition and prevent companies from taking unjustified control of the market.

“Yes – or antitrust action.”

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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• Source: https://dailyhodl.com/2023/10/16/apples-app-store-briefly-removes-crypto-wallet-metamask-coinbase-ceo-says-antitrust-action-may-be-needed/