Security warning from the cryptocurrency wallet on Apple devices due to the ImageIO vulnerability
By
Ashutosh
Ashutosh
1 day ago
Under Apple’s cryptocurrency wallet security warning, the ImageIO vulnerability that prevents clicking has been fixed. Please update devices to protect phrases and initial funds.
Security warning from the cryptocurrency wallet on Apple devices due to the ImageIO vulnerability
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Quick summary
The summary was generated by artificial intelligence and reviewed by the newsroom.
Apple has fixed a security vulnerability in ImageIO that threatens cryptocurrency wallet users
Exploitation has been enabled to extract the exhibition and hijack transactions through the participating organized networks
Bitcoin and Ethereum surged sharply as massive short positions were liquidated
Apple is exploring deeper integration of cryptocurrencies with wallets and Lightning support
Hardware wallets and two-factor authentication remain among the safest methods for storing cryptocurrencies
Apple has released an update to fix one of the most dangerous security vulnerabilities that emerged recently. The 'ImageIO' zero-click vulnerability has already been exploited in attacks, where it could infiltrate the device without any user interaction, just through a pre-prepared malicious image. For cryptocurrency wallet users, this poses a severe warning. Many are still keeping recovery phrases in the form of screenshots, and wallet hijacking during transfers is a known risk. Once the money is stolen, it cannot be recovered. Apple has released updates for iOS, iPadOS, and macOS, and applying them immediately is the only available defense method. Bitcoin and Ethereum rise.
In the markets, the news of Apple's security coincided with a strong upward wave. Bitcoin jumped 4% to reach $117,000 within minutes after Jerome Powell's dovish speech in Jackson Hole. Meanwhile, Ethereum rose 13%, nearing its all-time highs. Short sellers did not expect this move, as short positions worth nearly $380 million were liquidated, with total losses exceeding $629 million. Trading activity rose significantly with the market rush. This volume of forced buying is what drove momentum across various cryptocurrencies, including XRP, BNB, and Dogecoin, all of which recorded strong gains.
