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Google bans cryptocurrency mining extensions – More trouble for the community?

Abhishek Anil



Google bans Cryptocurrency mining extensions - More trouble for the community?
Source: PxHere

After banning cryptocurrency and blockchain related ads, Google has announced that it is soon going to prohibit cryptocurrency mining browser extensions which are available for its browser ‘Chrome’. It has been observed that Play Store has been laden with crypto-based apps that have developed a reputation for robbing the people who download them, harvesting their data, or mining coins for some third party. It seems related problems have cropped up with non-compliant extensions in the Chrome Store.

Google in a post stated:

“As Chrome Web Store policy has permitted cryptocurrency mining in extensions until now…. and if the user is adequately informed about the mining behavior.”

Google claims that around 90% of the extensions that allow mining and are laden with mining scripts have been attempted to transfer to the Chrome web store. The developers have apparently failed to abide by the policies, leading to Google’s action to remove them from the store.

It further added that:

“Chrome Web Store will not accept extensions that have intentions mine cryptocurrency…. Current  extensions that mine cryptocurrency will be denotified  and removed  in late June from the Store…. Extensions that have blockchain-related purposes other than mining will continue to be permitted in the Web Store”.

This development comes in light of Google, stripping access to Chrome apps for both Mac OS and Windows 10 in order to boost support for Chrome Os. Google has various reasons to be suspicious as it was found that the firms’ Advert distribution platform was hijacked and was being used for Monero mining malware affecting 1,40,000 users. Its stern action on cryptocurrency is being copied by various platforms like OPERA which recently added cryptocurrency mining protection as a standard feature across all its mobile browsing platforms.

James Wagner, Product Manager for Google’s extensions platform clarified that:

The key to maintaining a healthy extensions ecosystem is to keep the platform open and flexible… This is why we chose to defer banning extensions with cryptomining scripts until it became clear that the vast majority of mining extensions submitted for review failed to comply with our single purpose policy or were malicious.”

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First Round of Bibox Orbit Ends a Smash Hit, with FOR’s Price Pumps Over 800%

Guest Author



First Round of Bibox Orbit Ends a Smash Hit, with FOR’s Price Pumps Over 800%
Source: Bibox

The first round of Bibox orbit went live on Monday, April 22nd [GMT+8]. FOR [the Force Protocol], LUD [Ludos], IX [X-block] are the three participating projects listing on Bibox Orbit. During the subscription, there were more than 56,000 participants. The average access rate to three projects reached approximately 11%, per Bibox official statement.

Aries Wang, the co-founder of Bibox, appreciates the enormous enthusiasm from Bibox users. He commented that,

“Our random drawing system ensures a fair playground for all users in accessing project tokens. The average access rate of 11% per user proves the effectiveness of our drawing system.”

FOR paired with BIX is available to trade now on Bibox since 2 pm, April 23rd, [GMT+8]. Within only 1 minute after opening the market, FOR’s price pumped over 800%, compared to its subscription price.

Users now are also able to trade FOR/USDT on Bibox. Trading pair LUD/BIX will be opened on Bibox at 8 pm, April 23rd [GMT+8].

Aries noted,

“Bibox Orbit provides users with diversified investment alternative, also offers everyone an equal participation opportunity. With the personal maximum subscription limit of 5000 USD, everyone has access to it. Bibox Orbit provides token projects a platform to raise fund for the development of their ecosystem. We wish to fully engage Bibox’s resources in supporting top-tier token projects, raising their brand awareness and exposure across the industry.”

Three Projects Tokens Listed on the First Round of Bibox Orbit:

Total participants: 56,000

Average probability of lucky draw: 11%

FOR available to subscribe: 50,000,000 FOR [total token supply 1,000,000,000]

LUD available to subscribe: 50,000,000 LUD [total token supply 10,000,000,000]

IX available to subscribe: 180,000,000 IX [total token supply 5,000,000,000]

About Bibox

Bibox, one of the world’s largest crypto exchanges registered in Estonia, has offices in the U.S., Switzerland, Canada, China, South Korea, Japan, Singapore, and Vietnam, with plans to expand to more countries. Bibox traders enjoy secure, stable, and user-friendly digital assets management services, with access to over 100 high-quality coins and over 200 trading pairs. As of April 2019, our registered users have exceeded 2 million. In the last 24 hours, the trading volume reached $847.

For more details contact Ms. Lin or visit here.

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