Apple Prohibits Crypto Mining in Apps with New Guidelines

No more fraud mining apps at the AppStore

No more fraud mining apps at the AppStore

Unfortunately, none of those things will be used to mine cryptocurrency.

Revised wording in the App Store review guidelines notes that Apple is banning apps which "run unrelated background processes, such as cryptocurrency mining".

Cryptocurrency apps may not offer currency for completing tasks, such as downloading other apps, encouraging other users to download, posting to social networks, etc.

The only limitation that Apple are putting down is that no apps will be allowed that encourage payments of cryptocurrencies or the incentivisation of cryptocurrencies to people who download certain apps or advertise certain cryptocurrency-based apps.

Addressing the rising frauds with the unregulated initial coin offering-based (ICO) fundraising technique, Apple is now only allowing apps from established banks, securities firms, futures commission merchants ("FCM"), or other approved financial institutions.

Apple is also cutting down on third-party apps providing crypto transactions on approved exchanges.

Washington Capitals on verge of Stanley Cup after blowing out Golden Knights
The Golden Knights look much quicker on offense than in Game 3, when they took only 22 shots. "We've got to be good defensively". John Carlson made it 4-0 in the second period but Vegas narrowed the deficit through James Neal and Reilly Smith in the third.

Apple Books will be "entirely redesigned to make discovering and enjoying books and audiobooks effortless for iPhone and iPad users", explains Apple, and will debut when iOS 12 arrives this fall.

In the grand scheme of regulations, this one probably isn't a huge deal.

Cryptocurrency mining has been disallowed in App Store apps, unless the processing is performed somewhere other than an Apple device, such as a remote server or cloud provider.

What it may do is work toward cracking down on crypto-related malware. These applications will in theory, go on to be available on iOS and OSX devices and thus, any apps uploaded to the App Store should be considered to have the potential to be received and used by an bad lot of people.

Apple hasn't yet revealed the reasoning behind this new regulation, but it also could have to do with optimizing the battery life on its mobile devices. "Because we know it belongs to you". But the company later pulled the app, reportedly because the software's mining function could drain a Mac's battery life and cause excessive heat.

Recommended News

  • Supreme Court sides with baker who turned away gay couple

    Supreme Court sides with baker who turned away gay couple

    That question, which some advocates had hoped would be answered with the Supreme Court case this session, will have to wait for another case.
    Andre Iguodala out for Golden State in Game 1 of NBA Finals

    Andre Iguodala out for Golden State in Game 1 of NBA Finals

    But James was given a foul following a review with 36.4 seconds left and Durant converted a pair of free throws to tie it at 104. The Los Angeles Lakers were 12-point favorites over the Philadelphia 76ers in Game 1 of the 2001 Finals, a game the Sixers won.
    Gilbert: Cavs focused on Finals, not LeBron's future

    Gilbert: Cavs focused on Finals, not LeBron's future

    Now, Harden will have to do a lot more of that creating himself, and with the full attention/gameplan of the Warriors' defense . According to Gary Washburn of The Boston Globe, Rozier is even looking forward to meeting James again next season.
  • Trump lashes out at United States  allies in Twitter rant

    Trump lashes out at United States allies in Twitter rant

    Trump called Trudeau "dishonest & weak" after Trudeau said at a news conference that Canada would retaliate for new US tariffs. Navarro said Trump "did the courtesy to Justin Trudeau to travel up to Quebec for that summit".
    'Fallout 76' is an online survival game

    'Fallout 76' is an online survival game

    Game Director Todd Howard explained the advantages of the latest in the " Fallout " franchise being an online RPG. Fallout Shelter was surprised released at E3 in 2015 on iOS, and was quickly followed up with an Android version.
    Houston Rockets: 3 takeaways from Game 6 vs. Warriors

    Houston Rockets: 3 takeaways from Game 6 vs. Warriors

    Now, Harden will have to do a lot more of that creating himself, and with the full attention/gameplan of the Warriors' defense. Golden State eventually found some sort of rhythm in the second quarter, bringing the deficit back down to 10 by halftime.
  • Disputes over trade tariffs, Russian Federation  overshadow G7 meeting

    Disputes over trade tariffs, Russian Federation overshadow G7 meeting

    When Trump was pressed about the annexation of Crimea, he placed the blame on President Barack Obama for failing to handle the situation.
    Warriors expect Andre Iguodala to play in Game 3

    Warriors expect Andre Iguodala to play in Game 3

    Golden State's Kevin Durant said. "Teams progress to playoffs and finals and deeper into a tournament, we get more exposure". And if James wants to come to Boston, you better believe Danny Ainge will find a way to make it happen.
    Google Pixel 3, Pixel 3 XL to launch in October this year

    Google Pixel 3, Pixel 3 XL to launch in October this year

    Google isn't expected to unveil its new Pixel 3 and Pixel 3 XL flagship phones until the late summer or early fall. It's said that the Pixel 3 will have a design similar to the Pixel 2, meaning no edge-to-edge display.
  • Supreme Court Opens Door to More Red-State Voter Purges

    Supreme Court Opens Door to More Red-State Voter Purges

    Other states begin the purge process after a voter goes an entire four-year cycle without casting a ballot. Seventeen states, all with Republican attorneys general, sided with Ohio's position.
    Rafael Nadal claims record-extending 11th French Open crown

    Rafael Nadal claims record-extending 11th French Open crown

    Ruthless Nadal proved far too good for Kevin Anderson as he claimed a 16th Grand Slam title at the US Open. Nadal celebrated in relatively low key fashion, but then there is not much novelty value in this.
    How To Celebrate National Donut Day

    How To Celebrate National Donut Day

    Tim Horton's has your chance to win free doughnuts for a year! The deal is good at participating locations . Duffy's Sports Grill: Free order of Red Velvet Mini Donuts per table at Miami Beach and Kendall locations .

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.