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Apple rejected Fortnite’s latest submission for the App Store in the U.S. and blocked distribution via Epic’s store in the EU. Epic Games, backed by Tencent(TECHY), revealed today that the move stopped all access to the game on iPhones worldwide, yet Apple has not commented publicly. The latest block resulted after Epic Games reportedly won a case against Apple earlier this month. This is the second time Apple has blocked Epic Games’ Fortnite due to an ongoing legal dispute between Apple and Epic Games since 2020. The initial block of Fortnite by Apple in 2020 was due to Epic Games’ attempt to evade Apple’s payment system. According to Epic Games, access to Fortnite via the App Store and iOS will be unavailable globally until Apple lifts the ban. Epic Games sued Apple, accusing it of charging up to 30% commission on in-app purchases, violating the U.S antitrust regulations. Apple has already appealed the decision, and the case is in progress. After the initial block in 2020, Apple reinstated Epic Games, creator of Fortnite and backed by China’s Tencent(TECHY), last year after receiving much pressure from the European Union(EU). EU authorities enforced the Digital Markets Act (DMA), and later, Apple approved Epic Games’ marketplace app for iPhones and iPads in the EU region. Epic Games has relied mostly on the EU-based developer account to try to relaunch Fortnite under the region’s new DMA, which requires Apple to allow third-party app stores on iOS. Epic Games briefly went live in the EU region via other marketplaces, such as the Epic Games Store and AltStore PAL. Epic Games later revealed that the game was blocked on those sites, too, though it’s unclear whether Apple directly removed it or Epic themselves did in anticipation of being rejected. Epic Games Founder and CEO Tim Sweeney wrote that Apple’s App Review team should be free to review all submitted apps on time and accept or reject them according to the plain language of their guidelines. He added that senior management shouldn’t weaponize app review to delay or block competition, due process, or free speech. Last month, the European Union found Apple guilty of the DMA obligation to give consumers the choice of a service that uses less of their data and fined €500 million. According to the EU, Apple imposed restrictions on app developers, limiting their ability to fully benefit from the advantages of alternative distribution channels outside the App Store. Similarly, consumers were denied the benefit of alternative and cheaper offers as Apple prevented app developers from directly informing consumers of such offers. Apple failed to demonstrate that those restrictions were objectively necessary and proportionate Amid the surprise block, Apple’s stock was triggered, jumping by 0.18% on Friday’s premarket session and then falling later. Tencent’s China stock fell by 2.53% today. Apple’s stock has decreased by 15% this year and 12% over the past 12 months. Tencent Stock jumped 24% this year and 28% over the last 12 months. The European Union’s regulatory body has also accused Microsoft of violating the Digital Markets Act. Recently, Microsoft found itself in the battle after being charged with bundling the Teams video conferencing app with Office 365 and Microsoft 365, giving Teams an unfair advantage over rivals. The investigation emerged after Slack filed a lawsuit claiming Microsoft’s behavior was anti-competitive. To settle the dispute, Microsoft proposed selling Teams separately from the competitor products, ensuring better interoperability. Microsoft stock remained flat in the premarket session. The stock is up 16% this year and has gained more than 8% in the past 12 months. KEY Difference Wire : the secret tool crypto projects use to get guaranteed media coverage

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Solv has launched a new Bitcoin token on Avalanche that lets holders earn real-world asset-backed yield with help from big names like BlackRock. Solv Protocol, a Bitcoin ( BTC ) staking platform, just dropped a new token called SolvBTC.AVAX, aiming to help Bitcoin holders earn yield on their BTC on the Avalanche network. In a press release shared with crypto.news, Solv said the latest product comes from a team-up of seven players: Solv, Avalanche, Elixir, Euler, Re7 Labs, LFJ, and Balancer, with institutional backing from heavyweights like BlackRock and Hamilton Lane, who have over $4 billion in assets involved. Ryan Chow, founder of Solv Protocol, said the product “isn’t just another yield product,” calling it’s a “framework for aligning Bitcoin with the broader financial world.” Built on Avalanche’s blockchain, SolvBTC.AVAX is a yield-bearing Bitcoin token that uses deUSD, a stablecoin backed by assets like U.S. Treasuries and private credit, with the Treasuries provided by BlackRock and Hamilton Lane through Elixir, a DeFi liquidity protocol. According to the press release, deUSD is then used on the Euler lending protocol to amplify the RWA exposure, while Re7, a risk management firm, oversees the markets on Euler, including those for SolvBTC, deUSD, and sdeUSD. The remaining capital is deployed into liquidity pools on LFJ and Balancer to earn swap fees and AVAX rewards, per the press release. Solv automates minting, borrowing, compounding, and rewards distribution, with Avalanche providing the fast and low-cost blockchain infrastructure. Besides yield, holders of SolvBTC.AVAX can also earn rewards in Avalance ( AVAX ) tokens and other incentive points, aiming to grow adoption through a triple-layer reward system. As crypto.news reported earlier, BlackRock’s tokenized money market fund BUIDL has officially made its entry into the decentralized finance sector. Euler Labs, the firm behind the Euler protocol, confirmed in an X post that sBUIDL, a token backed 1:1 by BlackRock’s BUIDL and issued by Securitize, is now live on the Euler protocol, marking sBUIDL’s first direct integration with DeFi.