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Apple Bans Cryptocurrency Mining on iOS Devices

Apple in March removed "Calendar 2" app from the Mac App Store after it started mining cryptocurrency on devices in exchange for premium features

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Apple lowers Q1 revenue guidance on slow iPhone sales.

After Facebook and Google, Apple has now targeted cryptocurrency, banning its mining on iPhones and iPads.

According to a report in The Verge on Tuesday, the iPhone maker Apple has introduced a new section on cryptocurrency in its guidelines on App Store that apply to iOS, macOS, watchOS, and tvOS app.

“Apps, including any third party advertisements displayed within them, may not run unrelated background processes such as cryptocurrency mining,” said the guidelines.

Apps may facilitate virtual currency storage, provided they are offered by developers enrolled as an organisation.

“In addition, apps may not mine directly for cryptocurrencies, unless the mining is performed in the Cloud or otherwise off-device,” it stated.

Apps may “facilitate transactions or transmissions of cryptocurrency on an approved exchange, provided they are offered by the exchange itself”.

Cryptocurrency
Cryptocurrency. Pixabay

Apps facilitating Initial Coin Offerings (ICOs) must come from “established banks, securities firms, futures commission merchants (‘FCM’), or other approved financial institutions”.

Cryptocurrency-related apps “may not offer currency for completing tasks, such as downloading other apps, encouraging other users to download, posting to social networks”, the guidelines stated.

Apple in March removed “Calendar 2” app from the Mac App Store after it started mining cryptocurrency on devices in exchange for premium features.

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Facebook and Google have already banned cryptocurrency, token sales and Initial Coin Offerings (ICO) advertisements on their platforms.

Twitter has also started blocking cryptocurrency-related ads on its platform.

“We have added a new policy for Twitter Ads relating to cryptocurrency. Under this new policy, the advertisement of Initial Coin Offerings (ICOs) and token sales will be prohibited globally,” Twitter said. (IANS)

Next Story

Tech Giant Apple Plans to Release Latest iPad Pro with Rear 3D Sensing

As per report, Apple is expected to use a time-of-flight system, which measures the time that it takes for light to bounce off of objects in a room to generate a 3D map

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Apple
As per report, Apple is expected to use a time-of-flight system, which measures the time that it takes for light to bounce off of objects in a room to generate a 3D map. Pixabay

Apple analyst Ming-Chi Kuo has revealed that the iPhone maker is expected to release new iPad Pro models with rear 3D sensing in the first half of 2020.

Kuo in a research note with TF International Securities said the iPad Pro models will gain 3D sensing through the rear-facing camera system, MacRumors reported on Wednesday.

As per report, Apple is expected to use a time-of-flight system, which measures the time that it takes for light to bounce off of objects in a room to generate a 3D map.

Additionally, Kuo also reiterated that Apple plans to release its low-cost iPhone ” SE 2″ in the first half of 2020 too.

Apple
Apple analyst Ming-Chi Kuo has revealed that the iPhone maker is expected to release new iPad Pro models with rear 3D sensing in the first half of 2020. Pixabay

The iPhone SE 2 will use a 10-layer Substrate-like PCB (SLP) for its motherboard, the same technology used by the iPhone 11’s version.

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Kuo expects the device to look similar to the iPhone 8 and believes it will be a popular upgrade option for existing iPhone 6 and iPhone 6S owners. (IANS)