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Apple has issued new security updates for its mobile operating system after the iPhone maker discovered vulnerabilities that could compromise cryptocurrency wallets. The security updates, which were\u00a0released\u00a0Tuesday, affect iOS 14.4 and iPadOS 14.4. The vulnerabilities reportedly allowed hackers to gain remote access to a target system, thereby exposing the user\u2019s cryptocurrency wallet. Pete Kim, Coinbase\u2019s head engineer, warned iPhone users to update their operating system immediately. \u201cIf you are using a mobile crypto wallet on an iOS device, be sure to update iOS as soon as possible!\u201d Kim\u00a0tweeted\u00a0Tuesday. \u201cThe update includes a fix for a remote arbitrary code execution vulnerability that may have been actively exploited.\u201d Coinbase\u2019s mobile wallet is the 13th most downloaded finance app on the Apple Store. Apple\u2019s security updates are available for iPhone 6s and later, iPad Air 2 and later, iPad Mini 4 and later and the seventh-generation iPad Touch. The company said that the vulnerabilities \u201cmay have been actively exploited\u201d by malicious actors. Mobile wallets are a popular way for crypto users to store and transfer their digital assets. They also make it easier to spend cryptocurrency on everyday items. Crypto infrastructure has been a primary target for hackers over the years, but the extent of the attacks has declined considerably. As Cointelegraph reported in November 2020,\u00a0crypto-related attacks declined sharply over the course of 2020. \u03a0\u03b7\u03b3\u03ae:\u00a0https:\/\/cointelegraph.com\/news\/apple-updates-ios-to-fix-crypto-wallet-security-vulnerabilities 00<\/p>\n","protected":false},"author":1,"featured_media":6548,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63,23],"tags":[],"class_list":["post-6547","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","category-multimedia"],"yoast_head":"\n
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