Coinbase claims Apple blocked wallet app release over gas fees By Cointelegraph
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© Reuters. The self-custody crypto wallet from Coinbase (NASDAQ:) said users can no longer send nonfungible tokens, or NFTs, due to interference from Apple (NASDAQ:).
In a Dec. 1 Twitter thread, Coinbase Wallet said the tech company with a more than $2 trillion market capitalization had blocked the latest release of its app in an effort to “collect 30% of the gas fee” through in-app purchases. The platform claimed Apple wanted Coinbase Wallet to disable NFT transactions, which would introduce “new policies to protect their profits at the expense of consumer investment in NFTs and developer innovation across the crypto ecosystem.”
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© Reuters. The self-custody crypto wallet from Coinbase (NASDAQ:) said users can no longer send nonfungible tokens, or NFTs, due to interference from Apple (NASDAQ:).
In a Dec. 1 Twitter thread, Coinbase Wallet said the tech company with a more than $2 trillion market capitalization had blocked the latest release of its app in an effort to “collect 30% of the gas fee” through in-app purchases. The platform claimed Apple wanted Coinbase Wallet to disable NFT transactions, which would introduce “new policies to protect their profits at the expense of consumer investment in NFTs and developer innovation across the crypto ecosystem.”
Continue Reading on Coin Telegraph
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