I haven't gotten this, though I do still the old one some, "Walmart," and I read what Chris said about a future fix (pay option for ad free).
Although I prefer Safari on my iPhone (in large part for the black Reader view) I will put in a plug for a new browser, Brave, designed by a guy who designed Firefox. There is a news site I would want to visit but the ads are atrocious. I ended up putting my other news sites, weather, etc. in there as well, besides CF. It is nice having it all in one place (which used to be the default, when almost everything was free); and because of the browser's design, it easily gets around article limits. It has a lot of easy to use controls. For one or two sites I might have to tweak it by turning on or off one of the switches. It isn't rocket science; but whatever works. I also know of and use AdBlock browser. But I prefer Brave, and am likely to continue using it for news sites for the reasons stated, regardless of what's up with CF. I still use Safari mostly, and that's the only thing I use Brave for, but it great for that purpose.
For CF I use Safari on my phone generally, but switch to Brave as needed. Or maybe I read the news in Brave, as it is that time of day or whatever, and incidentally check CF at the same time there, as well.
Posts and associated links above mine make it sound like this one is more serious or potentially more damaging. But in my understanding, Brave helps block some of this stuff.