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ALL From Apple

Crypto Morning Briefing: Safemoon Hacker Strikes Deal With Developers to Return $7.1M

Microsoft Is Developing Its Own AI Chip To Power ChatGPT; Intel Signals End of Bitcoin Mining Chip Business Amid Cost-Cutting Effort; Apple Crypto Users Potentially Exposed to iOS, MacOS Vulnerabilities
Crypto Morning Briefing: Safemoon Hacker Strikes Deal With Developers to Return $7.1M

Apple Crypto Users Potentially Exposed to iOS, MacOS Vulnerabilities

Wu Blockchain warned Apple crypto users that operating system vulnerabilities could expose them to attackers. Linking an article from Kaspersky, it was noted that these are “high threat” vulnerabilities applicable to iOS and macOS.

Critical Vulnerabilities in iOS and macOS Risks Crypto Assets Loss

Cybersecurity expert Kaspersky has discovered critical vulnerabilities in Apple's iOS and macOS operating systems, including a flaw that allows attackers to gain access to user details and root privileges on iOS, potentially compromising the security of crypto assets. To protect against such incidents, users must update their iOS devices to version 16.4.1 and Mac to macOS 13.3.1. Slow Mist, a blockchain security firm, confirmed the seriousness of the vulnerabilities and urged users to update their devices. Kaspersky recently reported a 40% increase in cryptocurrency phishing attacks year-on-year in 2022, with 5,040,520 attacks detected.

Crypto Morning Briefing: New York DFS Finalizes Regulations for Crypto Businesses Under its BitLicense

CME to Add Daily Expiries on Bitcoin and Ether Futures Options Contracts; USDC Issuer Circle Exec to Testify at US Congressional Hearing on Stablecoins; BoE Considers Limits on Stablecoin Payments as Parliament Debates New Crypto Rules
Crypto Morning Briefing: New York DFS Finalizes Regulations for Crypto Businesses Under its BitLicense

Apple’s Latest Move Could Challenge DeFi; Launches High-Yield Savings Account

On Monday, Apple introduced its Apple Card savings account, which offers customers an annual percentage rate of 4.15%. Apple has stated that there is no requirement for a minimum deposit or balance, and customers can set up an account directly by using the Wallet software pre-installed on their iPhones. Now, whether this poses a threat to DeFi’s high-yield protocol, let’s find out.

DOJ Lawyer Accuses Google of Suppressing AI Innovation through Monopolizing Market

The top lawyer representing the U.S. DOJ in its antitrust case against Google has accused the tech giant of stifling AI innovation through monopolizing the search market via exclusivity deals. Google is alleged to have violated federal antitrust laws by having deals with clients like Apple to preload its search engine on devices and browsers. The DOJ is expected to give its verdict this summer. Kenneth Dintzer argued that the exclusivity deals should have been terminated the moment Google gained its monopoly, as Google pays billions to Apple every year to give it a competitive edge as the default search engine on the Safari web browser. In court, Dintzer questioned if AI innovation would have been stifled if Google had not maintained its monopoly. The report also mentions the AI chatbot ChatGPT, which has been at the forefront of conversations about AI development, although it has not been without controversy.

Craig Wright Hints at Possible Legal Battle Against Apple Over Bitcoin White Paper – What's Going On?

Self-proclaimed Bitcoin creator Craig Wright has hinted at a possible legal battle against Apple over the storage of Bitcoin white paper on its computers, claiming it violates copyright laws. 

Baidu Warns of Fake Ernie Bot Apps, Takes Legal Action Against Apple

Baidu has issued a statement clarifying that there is currently no official app available for its AI chatbot Ernie Bot. Any Ernie apps seen on the App Store or other app stores before the company's official announcement are fake. 

Bitcoin's Creator Craig Wright Accuses Apple of Copyright Breach

Self-proclaimed "creator of Bitcoin," Craig Wright, has suggested that Apple is in breach of copyright for storing the Bitcoin white paper on its computers.

Self-Proclaimed Satoshi Craig Wright Targets Apple for Allegedly Breaching Copyright with Bitcoin White Paper

Self-proclaimed Satoshi, Craig Wright, is targeting Apple for allegedly breaching copyright with the Bitcoin white paper. The discovery was initially made by tech blogger Andy Baio, who found that a copy of the white paper has been secretly embedded in Apple's macOS since the Mojave version in 2018.