Google Bans Cryptocurrency Mining On Chrome Extensions

Google Bans Cryptocurrency Mining On Chrome Extensions

With our research today, we found out that Google is Placing a ban on all Chrome extensions that mine cryptocurrencies. Google will no longer accept extensions that mine cryptocurrency, and any existing Chrome extensions that mine crypto will be removed from the Chrome Web Store in June.

Hiding Crypto Mining Scripts in Extensions

In case you’ve been living under a rock for the past couple of years, cryptocurrencies are big business. The value of Bitcoin exploded through 2017, eventually hitting almost $20,000. It has since retreated, but cryptocurrencies are clearly here to stay.

While people trade in cryptocurrencies such as Bitcoin, Ethereum, and Litecoin, these can also be mined. And that has led to developers placing crypto mining scripts in websites, apps, and extensions. Often without telling users about it.

This doesn’t mean Google is waging war on cryptocurrencies, as “extensions with blockchain-related purposes other than mining will continue to be permitted in the Web Store.” In other words, developers need to stop taking advantage of users.

Putting the Cryptocurrency House in Order

Google is right to crack down on developers hiding crypto mining scripts in Chrome extensions. It’s underhanded, and shouldn’t be tolerated. Especially when Bitcoin et al are still such a fledgling industry that we need podcasts explaining crypto.

 

Read Also:  How To Make Money Buying and Selling Bitcoin in Nigeria

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