Google mine virtual currency Delete Android app from Google Play Store
by Crypto 360
The virtual currency mining application is an application that runs in the background of the device on which the application is installed, minus the virtual currency, and raises the profit. Google says to delete mining application from Google Play which sells app on Android device against mining application which also strongly protests against "ethical reason how to use user's CPU arbitrarily" is said to delete virtual currency mining application.
Google Bans Cryptocurrency Mining Android Apps From the Play Store
https://thehackernews.com/2018/07/android-cryptocurrency-mining.html
The mechanism that operates in the background of the application and extracts the virtual currency and brings the revenue to the application developer is different from the conventional method of displaying the advertisement in the application or selling the paid version application, It was drawing attention as a new revenue source. Meanwhile, there were voices concerning the application which silently virtual mining mining without announcing to the user "This application performs virtual currency mining in the background", for example.
Troubles around virtual currencies are occurring all over the world, including not only mining applications but malware that exploits virtual currency by using the CPU of the infected device without permission . In the past incidents such as startups using the ICO method of issuing virtual currency and collecting funds are running away with funds gathered from investors.
Virtual currency startup 'LoopX' gathers about 500 million yen at ICO
Meanwhile, in my Web site, a tool such as "to digit virtual currency using the CPU of the user only while users are browsing the site" was embedded, a case of receiving police search of the house There are also occurrences such as wind currency against virtual currency and virtual currency mining application is getting stronger.
Facebook and Twitter also announced a policy to prohibit advertisements on virtual currencies, and it seems that more companies are taking a tough stance toward virtual currencies among major IT companies. Apple also updates the App Store guidelines and prohibits virtual currency mining applications .
Facebook announces a new policy prohibiting advertisement of virtual currency
Twitter policies to ban ads in virtual currencies obviously follow Facebook and Google
Following these regulations, Google also announced its policy to close the virtual currency mining application from Google Play. In the developer policy center, a new item "encryption currency" has been added.
Developer policy center
Virtual currency mining, which seemed to be a new source of revenue for application developers, is at stake because big companies such as Apple and Google are starting to set strict regulations for virtual currency one after another. .
by Marco Verch
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