Thursday, 21 June, 2018

Apple’s App Store officially bans cryptocurrency mining

Industry Apple Prohibits Crypto Mining in Apps with New Guidelines John Mc Mahon Industry Apple Prohibits Crypto Mining in Apps with New Guidelines John Mc Mahon
Terence Owen | 12 June, 2018, 14:51

Mac and iOS users haven't been targeted as much as web servers and Windows users, who've taken the brunt of most coinmining malware campaigns, but Apple has seen at least one incident in March when a cryptocurrency miner slipped on the Mac App Store inside the Calendar 2 app by Qbix.

Apple's concerns about cryptocurrency mining stem from power efficiency.

As bitcoin prices peaked near $20,000 in December 2017, Apple unveiled a new section of guidelines specific to cryptocurrencies and ICOs on December 20. As per Apple Insider, Apple's crypto-related guidelines were originally created in 2014 after the app store unlisted Coinbase and other cryptocurrency apps stating some unresolved issue. The former says that apps "may not run unrelated background processes, such as cryptocurrency mining". In addition, apps may not mine directly for cryptocurrencies, unless the mining is performed in the cloud or otherwise off-device.

In sticking with the original mandate, only mainstream banks and similar financial institutions will be allowed to develop and publish apps enabling crypto futures trading and initial coin offerings, Apple said.

The change, which was only noticed on Monday, was likely driven by concerns over cryptocurrency mining draining device batteries. On macOS, however, users will continue to be able to acquire apps outside of the Mac App Store, enabling mining and other activities to continue without Apple's seal of approval.

Robbie Williams to perform at World Cup opening ceremony
Brazilian optimism must, however, be tempered in the reality that Brazil enters nearly all major tournaments as favourites. Robbie Williams has announced that he will perform at the opening ceremony of the FIFA World Cup this month.

Apple updated its App Store review guidelines last week, during the WWDC 2018 conference.

In July 2017, Apple 'approved' Dash as a cryptocurrency. While this particular adjustment may not seem to be a developer-friendly move at first glance because of its restrictive nature, it will actually be a boon for devs who create apps that offer cryptocurrency transactions.

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

Finally, the world's most valuable company has also mandated that apps do not offer cryptocurrency as rewards to users for completing tasks.

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