Apple has issued new security updates for its mobile operating arrangement later the iPhone maker discovered vulnerabilities that could compromise cryptocurrency wallets.

The security updates, which were released Tuesday, touch iOS 14.4 and iPadOS 14.4. The vulnerabilities reportedly allowed hackers to gain remote access to a target organization, thereby exposing the user's cryptocurrency wallet.

Pete Kim, Coinbase's caput engineer, warned iPhone users to update their operating arrangement immediately.

"If you are using a mobile crypto wallet on an iOS device, be certain to update iOS every bit soon every bit possible!" Kim tweeted Tuesday. "The update includes a prepare for a remote arbitrary code execution vulnerability that may accept been actively exploited."

Coinbase'south mobile wallet is the 13th most downloaded finance app on the Apple Store.

Apple'due south security updates are available for iPhone 6s and after, iPad Air 2 and subsequently, iPad Mini 4 and later and the seventh-generation iPad Touch. The company said that the vulnerabilities "may have been actively exploited" by malicious actors.

Mobile wallets are a popular way for crypto users to store and transfer their digital assets. They also make it easier to spend cryptocurrency on everyday items.

Crypto infrastructure has been a primary target for hackers over the years, but the extent of the attacks has declined considerably. Every bit Cointelegraph reported in November 2020, crypto-related attacks declined sharply over the course of 2020.