Apple has introduced the Memory Integrity Enforcement (MIE) feature in iPhone 17, significantly enhancing crypto wallet security.
What is Memory Integrity Enforcement (MIE)?
The Memory Integrity Enforcement (MIE) feature in the iPhone 17 blocks advanced memory attacks that occur during crypto wallet signing by combining hardware and software protections.
Importance of MIE for Crypto Users
According to Apple, memory flaws account for nearly 70% of all software vulnerabilities and are a common entry point for malware during wallet operations. The MIE protection stops these attacks at the hardware level, making the signing process safer. Cobo founder DiscusFish remarked that this feature is 'a major win for high-net-worth crypto users and frequent signers.'
iPhone 17 Sets New Standards for Wallet Safety
Thus, the new protections in iPhone 17 may reduce reliance on external hardware wallets for daily signing of transactions, which is significant in light of recent reports of $2.1 billion in losses due to crypto-related attacks.
The innovations presented in iPhone 17 highlight the importance of security in the crypto industry and may positively impact user protection.
