Google Bans Crypto-Mining Extensions

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Google determined 90 percent of sites that mined cryptocurrency didn't comply with the rules, prompting it to ban mining altogether.

Google, in its official declaration that was taking effect right now from April 2, 2018, banned all the digital currency mining browser extensions from its Chrome Web store and further won't acknowledge any new as well.

Google previously permitted Chrome mining extensions as long as they were exclusively dedicated to mining and explicitly informed users of their objective.

Google had allowed mining extensions that mining as long as that was the single goal of the extension and that users were adequately informed about the operation of the extension.

Then, from July, it will actively remove any existing extensions already in the store. Originally, Google allowed cryptocurrency mining extensions provided developers gave users a very clear opt-in process and remained exclusively dedicated to mining.

There has been a significant spike in crypto-jacking in recent months, as cyber-criminals eschew ransomware in favor of nominally easier ways to make money.

Several scammers have attempted to reap rewards by mining cryptocurrencies (often Monero) using the distributed processing power (and electricity) of extension users. This consumes CPU resources and can impact system performance and battery.

This is not the only change that Google has made recently to try to protect its browser from malicious developers.

There seems to be a complete clamp down on cryptocurrencies and ICO, especially with big advertisement companies, claiming through body languages, that they pose more threat to users.

Chrome isn't alone when it comes to a crackdown on blockchain-related products. The move followed similar action by Facebook.

In a March 2018 security advisory, US antivirus company Symantec warned about a fresh increase in cryptojacking cases.

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