Apple clamps down on App Store on-device cryptominers

Apple clamps down on App Store on-device cryptominers

After Google, Facebook, and Twitter, now it's time for Apple to join its Silicon Valley counterparts in restricting the crypto industry.

However, with the latest addition in the App Store guidelines (via AppleInsider), Apple has gone official with its iOS-wide ban on cryptocurrency mining apps.

In perhaps somewhat related news, Bitcoin (and most other cryptocurrencies) have fallen almost 8% in value over the last day, following the hack of South Korean crypto exchange Coinrail over the weekend. This makes sense as in last December, Apple accidentally listed a fake version of the widely-used MyEtherWallet app in the App Store.

Gov. Murphy to sign 6 gun control bills passed by Legislature
New Jersey is set to become the second state to legalize sports wagers outside Nevada following DE , where wagering began Tuesday. The premier trade show for the casino industry this year will include several sessions focused on sports betting after the U.S.

"These extensions are distributed through native Mac applications, and Apple says they are much more secure and lightweight", 9to5mac explains of Safari App Extensions, adding that "They don't see any web browsing details, and because they run through the native Mac app, they put much less of a strain on memory and CPU performance". However, apps can provide cloud-based mining services. "Apps, including any third party advertisements displayed within them, may not run unrelated background processes, such as cryptocurrency mining", the new guideline reads.

Similarly, Apple is also allowing apps to facilitate crypto transactions "on an approved exchange, provided they are offered by the exchange itself". The app even made it to number 3 in the finance category of the App Store before Apple pulled it down. Initial offerings including futures investments, or other securities dealing with cryptocurrencies must be offered by an established bank, securities firm or exchange.

On Monday June 4, Apple expanded on those crypto-centric guidelines with several key inclusions into specific functionalities like wallet storage and mining for apps on its App Store platform. Finally, cryptocurrency apps can't offer currency as a reward for downloading other apps, posting to social networks or encouraging other users to download apps.

Related Articles

  • Wolfenstein: Youngblood is a Co-Op Game Coming Next Year

    Wolfenstein: Youngblood is a Co-Op Game Coming Next Year

    As implied by the trailer, Wolfenstein: Youngblood allows gamers to control Jess or Soph Blazkowicz, BJ's twin daughters. Today at their E3 conference, Bethesda announced that the game would be receiving a sequel: Wolfenstein: Youngblood .
    USA  officially repeals net neutrality rules

    USA officially repeals net neutrality rules

    Several states including NY and Washington , have passed regulations that impose net neutrality on a local level. In reality, the ISPs' investments have continued to grow in the two years of post-net neutrality rules.
    ‘There’s a special place in hell’ for Trudeau, White House adviser says

    ‘There’s a special place in hell’ for Trudeau, White House adviser says

    During the press conference, Trudeau called the meeting a success but pledged to retaliate against American tariffs. They made their online presence known with a tweet that says, 'Just so you know, yes it's true.
  • Trump predicts ‘tremendous success’ for historic summit

    Trump predicts ‘tremendous success’ for historic summit

    It's so far unclear whether the US and North Korea will release some kind of joint statement or agreement following the sit-down. Ordinary North Koreans citizens are not allowed to travel, so seeing a North Korean in the flesh is a thrilling affair .
    Pistons name Dwane Casey as new head coach

    Pistons name Dwane Casey as new head coach

    Detroit acquired Blake Griffin in a blockbuster trade this past season and that wasn't enough to push Detroit into the playoffs. Having spent many hours with Dwane over the last few weeks, I'm confident he is the right person to get us to the next level.
    U.S. Supreme Court Backs States’ Voter-Purge Efforts

    U.S. Supreme Court Backs States’ Voter-Purge Efforts

    He is running for lieutenant-governor this November on the Republican ticket headed by Mike DeWine, the current attorney general. The dissenters included Associate Justices Ruth Bader Ginsberg, Sonia Sotomayor, Stephen Breyer, and Elena Kagan.
  • Donald Trump's G7 Tweets Were Depressing, Says Angela Merkel

    Donald Trump's G7 Tweets Were Depressing, Says Angela Merkel

    The G7 nations are Canada, France, the United States, the United Kingdom , Germany, Japan and Italy. "I would like to say Mr. He may prefer the axis of autocrats to the G-7, but those autocrats are out to undermine this country - and him.
    Skyrim Very Special Edition Is Real and You Can Download It Now

    Skyrim Very Special Edition Is Real and You Can Download It Now

    The game is a "massive first-person role-playing game" and will be the second Elder Scrolls game to make it to mobile. All you need to do is download the app, click the Alexa icon while inside and tell her, "Alexa, open Skyrim ".
    Kate Middleton wore a $69 Zara dress for a surprise family outing

    Kate Middleton wore a $69 Zara dress for a surprise family outing

    The Duke of Cambridge was effectively upstaged at the event by his adorable progeny, Prince George and Princess Charlotte . Prince George was at the centre of a Twitter storm after the three-year-old was pictured playing with a toy gun.
  • 'America's Got Talent' victor  Neal Boyd dead at 42

    'America's Got Talent' victor Neal Boyd dead at 42

    The singer sustained serious injuries and told the Southeast Missourian in February that he was still recovering. In addition to his music career, he ran for an empty seat in the Missouri House of Representatives in 2011.
    E3 2018: EA Reveals New Details About Anthem

    E3 2018: EA Reveals New Details About Anthem

    While it is not impossible to play alone, solo has been described as potentially more hard without the full four person team. You have to register here , but once in, you'll have a chance to play the Battlefield 5 , new EA Sports games and more .
    Pompeo says North Korea could get ‘unique’ security guarantees

    Pompeo says North Korea could get ‘unique’ security guarantees

    Bolton - for suggesting that Pyongyang's complete denuclearization must happen quickly along a "Libya model". Then, last month, he returned to the country for another meeting with Kim as Trump's new secretary of state.