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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 launches Agent Market job board for local services quote agent

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NEAR has added a new job posting to its Agent Market for a Local Services Quote Agent, an AI agent designed to contact local providers, collect responses and return side-by-side comparisons of price and availability.

The listing appeared on the official NEAR DevHub channel and was also amplified by the project’s official social accounts. According to the post, the builder who takes on the job would keep ownership of the agent and retain the revenue it generates.

The job description frames the agent as a tool for gathering real quotes from local services rather than a general chatbot. It would reach out to providers, log the replies and organize the results so users can compare options more easily.

Builder-owned agents remain central to the marketplace pitch

NEAR has positioned the Agent Market around the idea that developers can publish agents, set their terms and keep ownership after the job closes. In the official posts, the company said builders keep the agent and can earn when it is hired.

The job board format also suggests a more structured approach to AI agent development, with specific tasks posted for builders to bid on. In this case, the task centers on a practical consumer workflow: collecting quotes from local providers and presenting them in a usable format.

NEAR did not say when the Local Services Quote Agent will be completed or who will take the job. The posting does, however, show that the Agent Market is actively listing new work and pushing the marketplace model as part of its product rollout.

The post NEAR launches Agent Market job board for local services quote agent appeared first on The Cryptocurrency Post.

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Monad reports 1B transactions in 11 months

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Monad said it has reached 1 billion transactions on its network, a milestone the project highlighted in an official post on X. The timeframe attached to the claim — 11 months — is part of the headline circulating with the update, but the post itself does not clearly spell out that period.

The figure points to activity on Monad’s testnet rather than mainnet. That distinction matters: a testnet can show developer and user engagement, but it does not by itself prove production usage or commercial adoption.

Monad has used recent public appearances and posts to emphasize network activity and developer interest around its ecosystem. Still, the transaction total should be read as a project-reported milestone, not as evidence on its own of demand, revenue or sustained onchain usage.

For readers following the chain, the main takeaway is narrow but concrete: Monad is claiming a large transaction count on its test environment, and the project is presenting it as a sign of momentum. The post does not provide additional breakdowns in the headline claim, such as the mix of user transactions, automated activity or the exact measurement method behind the total.

The post Monad reports 1B transactions in 11 months appeared first on The Cryptocurrency Post.

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Aptos brings Encrypted Mempool to mainnet in move aimed at lowering MEV risk

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Aptos said its Encrypted Mempool is now live on mainnet, giving users the option to encrypt transaction details before block ordering is finalized. The company said the feature is designed to reduce maximal extractable value, or MEV, which can include practices such as front-running and sandwich attacks.

In an official blog post, Aptos described the rollout as an opt-in feature at the transaction level. The network said the payload is encrypted on the client side, ordered while still encrypted, and only decrypted by validators after block finalization.

The company’s official account and Aptos Labs also confirmed the mainnet launch on X, with the Labs post adding that encryption happens before submission and that decryption takes place only after block ordering is complete. That sequence is intended to keep transaction contents hidden during the period when they could otherwise be observed and used for MEV extraction.

Opt-in design keeps the feature at the transaction level

Aptos framed the launch as a user choice rather than a default network setting. According to the company, Encrypted Mempool can be enabled per transaction, allowing users to decide when they want that added layer of protection.

The mainnet launch means the feature is no longer just a technical concept or test-stage mechanism. It is now part of the live Aptos network, with the practical effect depending on whether users choose to activate it for individual transactions.

The post Aptos brings Encrypted Mempool to mainnet in move aimed at lowering MEV risk appeared first on The Cryptocurrency Post.

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