Bitcoin exchange Coinbase watched its iOS app surge to the top of the free apps chart in Apple's App Store yesterday, amid a speculative frenzy surrounding the blockchain cryptocurrency.

Bitcoin prices on Coinbase's GDAX exchange flew past $16,000 to almost $20,000 in around 90 minutes on Thursday, reported Bloomberg, extending its record-breaking run and causing the software to crash and the service's website to go down intermittently in the process. The digital currency fluctuated during a turbulent Asian session, before falling back to about $16,000.

DQdtvFsW0AAFrFa


The rise and rise of bitcoin has brought it into the mainstream in the last few weeks, but many observers are warning that the cryptocurrency could be a bubble. Investors have also been reminded of the dangers of hackers, after bitcoin mining marketplace NiceHash lost $64 million in BTC following a "sophisticated and professional attack".

Apple has had its own problems with cryptocurrencies in the past. In August 2016, the tech giant had to remove several fake bitcoin wallets from the App Store after users of the digital currency were scammed out of thousands of dollars.

For anyone interested in observing the hourly fluctuations of bitcoin while maintaining a safe distance, free app CoinHub offers real-time quotes and up-to-date cryptocurrency news all within an impressive-looking dark-themed dashboard. [Direct Link]

Tag: Bitcoin

Top Rated Comments

blackcrayon Avatar
blackcrayon
93 months ago
Just last month I tried to download two completely different MacOS Bitcoin applications from macupdate.com and after the DMG files downloaded my antivirus gave me an alert both times that the files were infected and it deleted the downloads.
If the MacOS community files are infected you can imagine how much more the Windows community.
It's only a matter of time that some clever hacker infects an Apple App Store and iOS App Store with some type of root crack.
Still going to be really difficult on iOS. Almost akin to a userland instant jailbreak. Then again, there would be monetary incentive that the current jailbreak teams might not have...

The ugliness of unregulated free market.
But the beauty of potentially world-changing disruptive technology. It's going to have a rough start but let's see where we are in five years.
Score: 7 Votes (Like | Disagree)
Krayzkat Avatar
Krayzkat
93 months ago

It's only a matter of time that some clever hacker infects an Apple App Store and iOS App Store with some type of root crack.
like entering a blank password?
Score: 5 Votes (Like | Disagree)
960design Avatar
960design
93 months ago
like entering a blank password?
Too soon.... just, too soon.
[doublepost=1512736207][/doublepost]
The ugliness of unregulated free market.
Possibly the money of the future world.
Score: 4 Votes (Like | Disagree)
haruhiko Avatar
haruhiko
93 months ago
The ugliness of unregulated free market.
Score: 3 Votes (Like | Disagree)
gnipgnop Avatar
gnipgnop
93 months ago
It's not currency. It's a speculative commodity, thus the crazy ups and downs and value that has no real connection to the economy as a whole.
Score: 3 Votes (Like | Disagree)
mariusignorello Avatar
mariusignorello
93 months ago
Right now Bitcoin is in the stage where the visionaries will take action (and profit :)) and the naysayers will shrug it off and worry about bugs (therefore getting the short end of the stick by choice).

Like a startup, there is risk. The ones who want to make it big know how to mitigate the risk.
Score: 3 Votes (Like | Disagree)
Read All Comments

Popular Stories

iOS 18

Apple Expected to Release iOS 18.3 Next Week With These New Features

Thursday January 23, 2025 6:41 am PST by
iOS 18.3 should be released to the public next week, following beta testing since mid-December. While the software update is a relatively minor one, it still includes a handful of new features, changes, and bug fixes for iPhones. Below, we recap everything new in iOS 18.3. Notification Summary Changes Examples of inaccurate Apple Intelligence notification summaries Apple Intelligence...
Read Full Article • 29 comments
Apple Pay Walmart Feature

Walmart Stands Firm on Why It Doesn't Accept Apple Pay in the U.S.

Thursday January 23, 2025 7:32 am PST by
Walmart still does not accept Apple Pay or other NFC payments at its more than 4,600 stores across the U.S., and it stood firm on its reasoning for that today. A spokesperson for Walmart today informed MacRumors that its position on contactless payments has not changed since we last reached out about the matter in 2022. The big-box retailer said it remains focused on its own convenient...
Read Full Article • 328 comments
iOS 18

Here Are Apple's Full Release Notes for iOS 18.3

Tuesday January 21, 2025 4:31 pm PST by
Apple provided developers and public beta testers with the release candidate version of iOS 18.3 today, and with it comes release notes confirming what's new. While we knew about several of the features that are in the update, there are some lesser known tweaks and bug fixes. The update adds new Visual Intelligence features for iPhone 16 models, it tweaks Notification summaries on all...
Read Full Article • 51 comments
truecaller

Truecaller iOS Update Rolls Out Real-Time Caller ID Support

Wednesday January 22, 2025 2:07 am PST by
Popular caller ID app Truecaller is rolling out an update that brings real-time caller ID support to its iOS subscribers. Apple introduced Live Caller ID Lookup in iOS 18, allowing third-party caller ID apps to securely retrieve information about a caller from their servers, hence today's Truecaller update. iPhone users can enable the Live Caller ID Lookup feature by going to Settings ➝ ...
Read Full Article • 63 comments
iPhone 17 Air Size Feature

'iPhone 17 Air' With Rear Camera Bar Allegedly Shown in Leaked Photo

Tuesday January 21, 2025 12:46 pm PST by
A leaker known as "Majin Bu" today shared an alleged image of a component for the rumored, ultra-thin "iPhone 17 Air" model. The blurry, pixelated image shows a pair of rear iPhone shells with a pill-shaped, raised camera bar along the top. On the left side of the bar, there is a circular cutout that appears to be for a single rear camera. On the right side of the bar, there appears to be an ...
Read Full Article • 151 comments
apple tv 4k new orange

New Apple TV Launching This Year With These New Features

Wednesday January 22, 2025 6:01 pm PST by
A new Apple TV is expected to be released later this year. In this article, we recap rumored features and changes for the device. The next Apple TV will be equipped with Apple's own combined Wi-Fi and Bluetooth chip, according to Bloomberg's Mark Gurman. He said the chip supports Wi-Fi 6E, which would be an upgrade over the current Apple TV's standard Wi-Fi 6 support. Wi-Fi 6E extends the...
Read Full Article
Generic iOS 19 Feature Mock Light

iOS 19 Leak Reveals All-New Design

Friday January 17, 2025 2:42 pm PST by
iOS 19 is still around six months away from being announced, but a new leak has allegedly revealed a completely redesigned Camera app. Based on footage it obtained, YouTube channel Front Page Tech shared a video showing what the new Camera app will apparently look like, with the key change being translucent menus for camera controls. Overall, the design of these menus looks similar to...
Read Full Article
iPhone SE 4 Single Camera Thumb 3

iOS 18.3 Leak Provides Clue About iPhone SE 4, iPad 11, and iPad Air 7 Launch Timing

Wednesday January 22, 2025 9:39 am PST by
New information has surfaced that indicates the rumored iPhone SE 4, iPad 11, and new iPad Air models are nearing launch. A private account on social media platform X today revealed that iOS 18.3 or iPadOS 18.3 will be preinstalled on all of those upcoming devices when they are released. It is still unclear exactly when the devices will launch, but this information suggests that Apple will...
Read Full Article • 8 comments
iOS 18

5 New Things Your iPhone Can Do in iOS 18.3

Friday January 24, 2025 1:55 am PST by
Apple is set to release iOS 18.3 next week, bringing further refinements to Apple Intelligence features, a couple of neat new capabilities to iPhone 15 Pro and iPhone 16 devices, and bug fixes. While not quite as packed with new features as Apple's preceding iOS 18 point releases, iOS 18.3 still introduces capabilities that aim to make your iPhone smarter and more intuitive. Below, we've...
Read Full Article • 23 comments