Copied


Coinbase Censored By Apple

Jack Alan Beavers   Sep 14, 2020 15:08 2 Min Read


Some features within the Coinbase app have been restricted for IOS users, sparking further discontent about the ‘pay-to-play’ model adopted by Apple.

Apple Inc. has received criticism over restrictions on the Coinbase “Earn” feature that allows users to earn free cryptocurrency by watching educational videos and answering questions correctly in a quiz.

Coinbase CEO Brian Armstrong published a string of tweets last week, giving insight into some of the struggles with Apple’s App Store and in-app purchases as the discussion around Apple’s restrictions on app functionalities evolves.

Apple has prevented IOS users from earning money directly from the Coinbase app. Instead, users must log-in to Coinbase via the desktop app to earn rewards.

Further to this, Apple will not allow access to DeFi applications from within the Coinbase IOS app.

Armstrong criticized Apple for preventing users from earning money during a recession, pointing to the fact that so much of the global population is without access to basic financial instruments and services.

Armstrong added that Apple had also prevented Coinbase from providing a list of DeFi applications within the Coinbase app, despite merely serving as an aggregating service. The CEO announced plans to submit a formal request to remedy the situation.

Coinbase is just the latest in a string of companies at odds with the tech giant, after Epic Games, maker of the popular game Fortnite, recently challenged the Apple App Store payment rules.

The App Store rules impose a 30% cut of all in-app purchases. Epic filed a lawsuit against Apple to challenge the monopoly held over in-app payments processors following the removal of Fortnite from the App Store last month.

Broadly speaking, these restrictions may serve to protect users. However, by imposing censorship of this nature, Apple not only eliminates competition but also limits the opportunity and potential for millions of users at a time when people are most in need.


Image source: Shutterstock

Read More
The Hong Kong Monetary Authority has issued a warning about a fraudulent website posing as OCBC Bank (Hong Kong) Limited, urging public vigilance.
BitMEX has changed the Mark Method for NILUSDTH25 and REDUSDTZ25 to Fair Price marking, effective March 25, 2025, enhancing price accuracy.
BitMEX introduces NILUSDT perpetual swaps, offering traders up to 50x leverage. This new listing enhances trading options on the platform.
Bitcoin remains vulnerable to downward pressure due to tight liquidity conditions and weak investor sentiment, with ETF outflows and cautious market behavior persisting.
Vodafone implements AI-driven solutions using LangChain and LangGraph to optimize data operations and improve performance metrics monitoring and information retrieval across its data centers.
BitMEX announces the introduction of NILUSDT perpetual swap listing, offering traders up to 50x leverage. The NIL token will be available for trading starting March 25, 2024.
Cronos (CRO) Labs has appointed Mirko Zhao as its new leader, succeeding Ken Timsit. Zhao aims to enhance the blockchain’s growth and community engagement.
Cronos (CRO) Labs announces Mirko Zhao as the new Head of Product and Engineering, succeeding Ken Timsit, to lead the blockchain ecosystem's innovative growth.