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Phantom Wallet iOS Update Error Results in User Fund Access Problems

  • A technical malfunction in the latest Phantom wallet iOS update has resulted in some users losing access to their cryptocurrency funds.
  • Reports of losses have varied in scale, with one user claiming to have lost access to $600,000 worth of cryptocurrency.
  • Phantom operates as a non-custodial wallet and has released a new update to prevent the bug from affecting additional users.
  • The incident follows a previous downtime in October during the GRASS token airdrop.

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