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Telegram claims to have suffered from "de-listing extortion" attacks: the temporary removal of the app from the Apple App Store was caused by a user embedding prohibited content

Telegram founder and CEO Pavel Durov stated that Telegram was briefly removed from the App Store by Apple recently due to a user embedding illegal pornographic content in a public group. The app was restored within hours.Durov mentioned that the attackers exploited a technical vulnerability to insert AI-modified illegal content into old messages in active groups, hiding the content by editing historical messages, making it difficult for regular group members to discover and report it in a timely manner. Such attacks are classified as "takedown extortion," where attackers use automated accounts to embed violations in public groups and report them to platforms like Apple, attempting to force group administrators to pay a ransom, or else the community would be banned due to platform rules.Durov further explained that Telegram continuously combats illegal content through user reports, AI filtering, content hashing, and other mechanisms. This incident is not a systemic issue of the platform but rather a targeted attack exploiting rule loopholes by the attackers.He also warned that Apple's direct removal of the app without prior contact with Telegram could pose risks to all mobile applications that provide user-generated content (UGC), and platform developers need to enhance their defenses against malicious reporting and "takedown attacks."

Kraken's parent company Payward acquires Magic Labs' embedded wallet business

According to The Block, Magic Labs has agreed to sell its embedded wallet business to cryptocurrency exchange Kraken's parent company Payward as part of a broader company restructuring, with Magic Labs simultaneously rebranding to Newton Labs. This transaction is in the form of an asset sale, and after the deal is completed, Magic Labs and Payward will continue to operate independently, with wallet customers being taken over by Payward Services.Since its establishment in 2018, Magic Labs has created over 60 million wallets, supporting more than 200,000 developers. Newton Labs will focus on developing the Newton Protocol, which is an authorization layer for on-chain finance that executes compliance, security, and risk strategies before transactions are settled on-chain. The protocol entered the mainnet testing phase in June 2026. The first product based on the Newton Protocol, VaultKit, is a set of composable strategy tools for institutional-grade vaults.This acquisition is another transaction in Payward's ongoing expansion of its financial infrastructure platform. Previously, the company completed the acquisition of the CFTC-licensed derivatives exchange Bitnomial for up to $550 million in cash and stock, and acquired the Hong Kong stablecoin payment company Reap Technologies for $600 million. In 2025, it also acquired the retail futures platform NinjaTrader for $1.5 billion.
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