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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.

Also Read: Apple Patent Reveals a Custom Inflatable Blood Pressure Cuff

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

Apple Planning to Upgrade Camera Resolution, Setup in iPhones

The new front camera will be included in all three new 2019 iPhones, whose names remain undisclosed

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Customers walk past an Apple logo inside of an Apple store at Grand Central Station in New York, Aug. 1, 2018. VOA

Apple is planning to upgrade camera resolution and setup in iPhones, to be unveiled this year.

While the front camera would be upgraded from 7MP to 12MP, triple-camera setup would be implemented in the 6.5-inch and 5.8-inch OLED iPhones, along with a new super-wide 12MP lens, according to Ming-Chi Kuo, famous Apple expert and predictor.

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The Apple logo is shown outside the company’s Worldwide Developers Conference in San Francisco, California. VOA

Both super-wide and front camera lenses will be coated black to make them blend better with the surrounding bezel for an “inconspicuous” look, 9To5Mac reported on Saturday. Thus, it would be almost impossible to see the new lens, improving the apparent aesthetic symmetry.

Also Read- Tesla Slams Critic with Restraining Order

The new front camera will be included in all three new 2019 iPhones, whose names remain undisclosed. Apple is expected to officially announce new iPhones in the Fall, likely at a September media event, the report noted. (IANS)