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Over 540,000 apps wiped from Apple App Store in Q3 reaching lowest number in 7 years

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The App Store remains a crucial segment in Apple’s (NASDAQ: AAPL) business line; hence the number of applications on the platform has emerged as a critical metric to track. Over the years, the apps on the App Store have fluctuated marginally, but the recent quarter highlights an accelerated drop in apps. 

In particular, according to data acquired by Finbold, the number of apps in the Apple App Store hit a seven-year low during 2022 Q3 to stand at 1,642,759. The value represents a drop of 541,697 or 24.79% from the 2,184,456 registered during Q2 2022. The last time the number of apps was this low was during Q3 2015 at 1,672,271.

Elsewhere, regarding the number of apps on leading app stores globally as of Q3 2022, Google Play Store ranks top at 3,553,050 while App Store ranks second at 1,642,759. Amazon (NASDAQ: AMZN) Appstore has the third highest number of applications at 483,328. 

Policy changes trigger a drop in App Store apps 

It is worth noting that removing apps from the App Store is a perennial practice initiated by Apple as part of maintaining quality on the platform. However, the recent spike in removed apps can be attributed to several decisions by the company to improve user experience. 

In this case, in April 2022, the company notified developers that it was rolling out a plan to remove old apps that had not been updated for some time. The directive saw developers directed to make updates within 30 days or risk removal from the platform. 

Previously, Apple had not set any timeline for removing apps, but the recent update stressed that cleaning the App Store is an ongoing process and will evaluate apps, removing apps that no longer function as planned, don’t adhere to reviewed guidelines, or need to be updated.

Notably, the policy has received a lot of criticism, with developers arguing that the old apps should continue to exist on the platform as long as they are still functional. For instance, gaming developers maintain that the apps should be treated as old video games that remain playable on consoles.

At the same time, in recent months, the App Store has become a center of controversy with reported scams and fraudulent applications existing on the platform. In this case, the company resorted to removing virus-scanning apps, app clones, and other low-quality apps cluttering the App Store, with Apple maintaining that the App Store offers a safe experience for users. 

Overall, removing apps aligns with Apple’s long-standing policy of curating the App Store to eliminate apps that routinely fail to adhere to set standards. 

App Store drop in revenue

Interestingly, the drop in the number of apps has also correlated with a period in which the App Store registered one of the significant declines in revenues during 2022 Q3. Notably, the revenue plunge was also witnessed from the gaming apps that are crucial to the store’s financial performance.

In the meantime, Apple continues to explore the App Store as a possible strategic source of revenue through some decisions that have been deemed unpopular, like increasing app purchases, in-app purchases, and subscriptions from the App Store.

Elsewhere, the App Store trails the Google Play Store in the number of applications driven by factors like a larger Android market than iOS devices. Also, developing Android apps is cheaper since developers do not need significant resources. At the same time, approval for publishing apps on the Play Store is less cumbersome.

App Store future outlook  

At the same time, the outlook of the App Store is likely to be impacted in the future, especially with regulators increasingly cracking down on the company’s market dominance. This is highlighted by a recent European antitrust law that aims to allow users to install software applications from third parties.

In general, the number of apps removed from the App Store will likely increase, especially with the company targeting specific sectors. For instance, Apple recently clarified its rules for apps affecting cryptocurrencies and non-fungible tokens (NFTs). For crypto exchanges, Apple’s policy indicates that the apps may facilitate transactions or transmissions of cryptocurrency on a regulated exchange. However, such apps can only be offered in regions with licensing and permission to operate a business.

The post Over 540,000 apps wiped from Apple App Store in Q3 reaching lowest number in 7 years appeared first on Finbold.

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NEAR Protocol Confirms Verifiable Private Inference for AI

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NEAR Protocol has detailed a new technical approach to AI execution, confirming that NEAR AI now utilizes secure hardware enclaves to provide verifiable private inference. The system is designed to return hardware-signed proofs that verify the specific model used, the data processed, and the execution itself, addressing growing concerns over data sovereignty and the limitations of closed AI models.

The development shifts the trust model from contractual agreements to cryptographic and hardware-level certainty. By running AI agents within a user-owned stack, NEAR aims to provide a structural alternative to centralized AI providers, particularly in light of increasing export controls and data privacy restrictions.

Secure Enclaves and Hardware Proofs

At the core of this update is the use of Trusted Execution Environments (TEEs), such as Intel TDX and confidential GPUs. According to official NEAR AI documentation, these secure enclaves allow inference to run in an isolated environment where memory is encrypted at the CPU level. This prevents host operators, hypervisors, or unauthorized third parties from accessing the data being processed.

The system generates a cryptographic “attestation” or hardware-signed certificate. This proof allows users or third parties to verify that the workload ran exactly as intended without being modified. The NEAR Protocol official account noted that the IronClaw security layer is used to protect the agent level, ensuring that users maintain sovereignty over their data and model interactions.

Addressing Data Sovereignty

The move toward verifiable inference comes as a response to the “closed” nature of frontier AI models. In typical cloud-based AI interactions, users must rely on the provider’s contractual promise that data is not being stored or used for training. NEAR’s implementation replaces this reliance on trust with “structural assurances,” where the silicon itself proves the security of the environment.

This approach is particularly relevant for:

  • Export Controls: Providing verifiable proof of hardware and execution locations.
  • Sensitive Workloads: Allowing institutions to run models on rented cloud compute without exposing proprietary data to the cloud provider.
  • Model Integrity: Ensuring that the specific version of an AI model requested is the one actually performing the task.

Status and Integration

While the technical framework for private inference and hardware attestation is now officially documented and confirmed, specific adoption metrics remain pending. The available sources do not yet provide data on total usage numbers or a comprehensive list of third-party integrations launched within the last 48 hours. The current focus remains on the deployment of human-owned AI stacks that leverage these secure hardware proofs to bypass centralized bottlenecks.

The post NEAR Protocol Confirms Verifiable Private Inference for AI appeared first on The Cryptocurrency Post.

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NEAR Protocol launches Confidential Intents for private AI execution

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NEAR Protocol has moved its Confidential Intents framework to general availability, enabling developers and decentralized applications to process private transactions across multiple blockchains. The rollout integrates directly into the NEAR Intents 1Click Swap API and was confirmed in an official announcement from NEAR Protocol, positioning the feature as part of a broader infrastructure push aimed at confidential cross-chain markets and AI-driven execution.

Under the updated system, users and autonomous agents can express desired trade outcomes without routing orders through public mempools or exposing execution details during settlement. According to project materials, execution privacy is maintained through a dedicated private shard on the NEAR network, which verifies settlement integrity while keeping order parameters and routing data hidden from public explorers. The design allows both human-facing dashboards and AI agents to operate across fragmented liquidity sources without revealing trading logic.

The functionality is currently live on near.com, where users can activate Confidential Mode before executing cross-chain swaps. The interface leverages NEAR Intents as a universal liquidity layer, abstracting bridge selection, token routes and fee estimation into a single-step transaction. Project documentation indicates that the underlying intent infrastructure has historically processed billions of dollars in aggregate swap volume across integrated chains, though the baseline usage share transitioning to the confidential rails was not disclosed in the launch materials.

Confidential Intents is framed as infrastructure for what NEAR describes as a user-owned agentic economy, where AI applications can execute on-chain actions without broadcasting proprietary strategies or wallet balances. The available source notes that the framework relies on private compute environments, but cryptographic verification methods, third-party audit status and long-term validator incentives were not detailed alongside the general availability announcement.

The update marks a protocol-level release rather than a confirmed adoption milestone. Real-world integration will depend on how quickly independent dApps adopt the 1Click Swap API and whether independent audits substantiate the privacy guarantees under live network conditions. On-chain activity metrics and third-party developer implementation data were not available at the time of publication.

The post NEAR Protocol launches Confidential Intents for private AI execution appeared first on The Cryptocurrency Post.

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BNB Chain Launches Agent Studio for On-Chain AI Agent Development

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BNB Chain has officially launched BNB Agent Studio, a developer platform designed to streamline the creation and deployment of autonomous AI agents on its network. The infrastructure went live on July 1 and provides builders with a unified environment to launch agents that can hold on-chain wallets, execute transactions, and operate independently without manual oversight.

According to the project, developers can spin up a functional agent using familiar coding interfaces such as Cursor or Claude Code. The platform automatically handles identity provisioning, wallet generation, and payment routing, aiming to remove the need to manually integrate separate infrastructure layers.

The system is co-engineered with the AWS Generative AI Innovation Center and routes agents to Amazon Bedrock AgentCore for cloud hosting, though initial trial access allows builders to experiment via GitHub without an active AWS account.

The studio builds on the BNB Agent SDK, which BNB Chain released in May. That earlier update established modular standards for agent identity, commerce capabilities, payment handling, and memory persistence onchain.

By packaging these standards into a single interface, the platform attempts to reduce the technical fragmentation that has historically slowed autonomous agent development. PancakeSwap has been integrated as a launch partner, giving deployed agents immediate access to a decentralized trading venue.

BNB Chain has outlined a bi-weekly update cadence for the platform, with additional developer tooling expected to roll out as testing begins. While the technical stack is now publicly accessible, real-world usage metrics and long-term agent reliability remain unproven. The launch provides foundational infrastructure for on-chain agent deployment, but broader adoption will depend on how effectively developers utilize the environment beyond initial experimentation.

The post BNB Chain Launches Agent Studio for On-Chain AI Agent Development appeared first on The Cryptocurrency Post.

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