Google Officially Banned Crypto-Currency Mining Apps From Play Store

Google officially banned the Crypto-currency mining apps from Play Store and Google updated its privacy policies which say, “We don’t allow apps that mine cryptocurrency on devices.”

Recently Apple banned the crypto-currency mining apps in the iOS App Store and Mac App Store.

But it allows mining from the cloud but the current ban leads to stop mining on Android hardware and Google says “We permit apps that remotely manage the mining of cryptocurrency,”

According to CNET statement, Cryptocurrencies such as bitcoin can be “mined” by using multiple devices to solve complex mathematical problems that lock and unlock information in the blockchain, with rewards coming as each transaction is secured.

Also, this ban on cryptocurrency miners in the Play Store follows a Google block on cryptomining extensions on the Chrome Web Store, following the rise in CoinHive-based in-browser miners.

Initial infection is slowly started in the infected device and it slows down the system process and loading apps will take longer than usual. Later miner utilizes the device and consuming 100% of the device resources to mining the cryptocurrency.

Last month Android-based cryptocurrency mining malware now started infecting Amazon Fire TV & Fire TV Stick Devices.

Likewise, cybercriminals are secretly mining crypto-mining using various malicious techniques and generate millions of dollar revenue without the user’s knowledge.

In this case, Apple’s clamp down on cryptocurrencies covered both potential damages they can cause to the hardware, such as battery drain and excessive heat, restricted ICOs (initial coin offerings) to established bank

Google Presented the Statement that stats, We don’t allow apps that merely provide the same experience as other apps already on Google Play. Apps should provide value to users through the creation of unique content or services.”

Earlier released Apple Statement said, “Mining: Apps may not mine for cryptocurrencies unless the processing is performed off the device (e.g. cloud-based mining),” says one of Apple’s cryptocurrency policies.

Balaji

BALAJI is an Ex-Security Researcher (Threat Research Labs) at Comodo Cybersecurity. Editor-in-Chief & Co-Founder - Cyber Security News & GBHackers On Security.

Recent Posts

LegionLoader Abusing Chrome Extensions To Deliver Infostealer Malware

LegionLoader, a C/C++ downloader malware, first seen in 2019, delivers payloads like malicious Chrome extensions,…

15 hours ago

ASUS Critical Vulnerabilities Let Attackers Execute Arbitrary Commands

In a recent security advisory, ASUS has alerted users to critical vulnerabilities affecting several of…

19 hours ago

NTT Docomo Hit by DDoS Attack, Services Disrupted for 11 Hours

NTT Docomo, one of Japan’s leading telecommunications and IT service providers, experienced a massive disruption…

23 hours ago

Apple Agrees to $95M Settlement Over Siri Privacy Lawsuit

Apple Inc. has agreed to pay $95 million to settle a proposed class-action lawsuit alleging…

23 hours ago

iTerm2 Emulator Vulnerability Let Attackers Access Sensitive User Data

 A critical vulnerability discovered in the popular macOS terminal emulator iTerm2 has raised concerns among…

24 hours ago

PoC Exploit Released For Critical Windows LDAP RCE Vulnerability

The CVE-2024-49112 vulnerability in Windows LDAP allows remote code execution on unpatched Domain Controllers, as…

2 days ago