CONCERN OVER TEMPORARY REMOVAL OF METAMASK FROM APP STORE
In an unexpected move, Ethereum wallet MetaMask was temporarily ousted from the Apple App Store on October 14, triggering speculation about the increasing challenges faced by decentralized applications (DApps) within the realm of Big Tech.
The abrupt disappearance of MetaMask from the App Store prompted a surge of unease among its 30 million global users, who rely on the platform’s seamless integration with various Web3 DApps. Users were left unable to download the application, leading to a flurry of concern within the cryptocurrency community.
Sin embargo, una rápida respuesta de un portavoz de MetaMask buscó disipar los temores, aclarando que la eliminación no se debió a ninguna violación de seguridad o actividad ilícita. Aseguraron a los usuarios que su equipo dedicado estaba abordando activamente el problema y subrayaron que no estaba relacionado con la funcionalidad de la aplicación.
Apple’s stringent service policies, particularly those barring applications from engaging in “unrelated background processes,” such as cryptocurrency mining, are believed to have triggered MetaMask’s temporary ban from the store.
Such policies have long been a contentious point of contention for crypto firms navigating the world of mainstream app marketplaces.
In response to the temporary removal, MetaMask emphasized the transient nature of the situation, expressing confidence in the imminent reinstatement of the app on the App Store.
They urged users to remain vigilant against any counterfeit MetaMask apps that might have surfaced during the brief period of unavailability.
This isn’t the first instance of MetaMask facing a challenge from major tech players. Back in 2019, the company encountered a similar hurdle when Google Play suspended its app, citing violations of financial services guidelines and the prohibition of cryptocurrency mining on mobile devices.
The current dilemma highlights the ongoing struggle for crypto firms grappling with the substantial revenue sharing demands imposed by Apple’s 30% transaction fee policy, which has been a persistent obstacle for businesses seeking to facilitate transactions and offer services to iOS users.
As the battle between decentralized applications and Big Tech continues, the incident underscores the growing need for a more nuanced and adaptive approach to regulation and policy formulation within the tech industry, particularly in relation to the burgeoning world of cryptocurrencies and decentralized finance.
Source: Blockster.com
Disclaimer: The information set out herein should not be taken as financial advice or investment recommendations. All investments and trading involve risk and it is the responsibility of each individual to do their due diligence before making any investment decision.
