Coinbase says Apple forced it to remove NFT transfers from its iOS wallet
by Mitchell Clark from The Verge - All Posts on (#66D9Q)
Illustration by Alex Castro / The Verge Coinbase has accused Apple of forcing it to remove NFT transfers from its Wallet app on iOS. On Thursday, it tweeted that Apple blocked our last app release until we disabled the feature" because the iPhone maker wanted the blockchain fees associated with an NFT transfer to go through its in-app purchase system, giving it a 30 percent cut.
According to Coinbase, it's impossible to make that happen for a variety of reasons, with one important one being that Apple's system doesn't support paying in crypto.
While some NFT marketplaces let you purchase the digital tokens using traditional fiat currency like the US dollar, the fees Coinbase is talking about are a different matter entirely. On blockchains like Ethereum, which many NFT...