Coinbase Global Inc. COIN, -1.01% on Thursday claimed Apple Inc. AAPL, +0.19% forced it to remove NFT transfers from its Wallet app on iOS. In a tweet, Coinbase claims the iPhone maker “blocked our last app release until we disabled the feature” because Apple wanted the blockchain fees associated with an NFT transfer to go through its in-app purchase system, which requires a 30% cut. Coinbase also charged that Apple — which is increasingly being criticized by developers and lawmakers for the 15% to 30% commission fees it charges larger app makers — has claimed “gas” fees required to send NFTs should be paid within the app. Apple was not immediately available for comment.
Shares of Tesla Inc. end flat on Thursday, seeming to ignore a potential catalyst later in the day with the electric-vehicle maker launching its electric commercial truck, the Semi, after years of delays.
Jon Swartz is a senior reporter for MarketWatch in San Francisco, covering many of the biggest players in tech, including Netflix, Facebook and Google. Jon has covered technology for more than 20 years, and previously worked for Barron’s and USA Today. Follow him on Twitter @jswartz.
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