Apple Bans Cryptocurrency Mining on iPhone and iPad

Apple has introduced new section in the App Store Review Guidelines against cryptocurrency mining.

It does seem like 2018 is not a good year for cryptocurrencies in general. After Facebook, Google and Twitter shuns crypto ads, Apple has followed suit – sort of.

The Cupertino-based company just introduced a new section on cryptocurrency on its Apple Store Review Guidelines. The section – 3.1.5(b) – details guidelines that are to be applied to iOS, macOS, watchOS, and tvOS app. So basically everything that’s Apple.

These new policies come at a time where scams related to cryptocurrency has become very widespread.

“Apps, including any third party advertisements displayed within them, may not run unrelated background processes such as cryptocurrency mining,” the guideline states.

“In addition, apps may not mine directly for cryptocurrencies, unless the mining is performed in the Cloud or otherwise off-device,” it stated.

Apps are allowed to facilitate virtual currency storage as long as they are offered by developers enrolled as an organisation. They are also allowed to facilitate “transactions or transmissions of cryptocurrency on an approved exchange”. However, these services must be offered by the exchange itself.

The new section also touched on Initial Coin Offerings (ICOs). According to the guideline, ICOs must come from “established banks, securities firms, futures commission merchants (‘FCM’), or other approved financial institutions”.

Lastly, crypto-related apps are not allowed to offer currency for completing tasks. This includes tasks like downloading other apps or posting to social networks.

 

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New Asus Cryptocurrency Mining Motherboard Supports Up to 20 GPUs

ASUS’ new motherboard is made specifically for cryptocurrency mining.

Taiwan-based giant electronic manufacturer Asus is making mining for cryptocurrency so much easier. The company just announced the launch of the H370 mining master motherboard aimed for miners.

What’s notable on this latest offering is its support for up to 20 graphic cards. USB riser cables can also be plugged directly into the printed circuit board (PCB). Additionally, Asus claims that it is now easier to diagnose problems with the motherboard which reduces the downtime.

“Less time maintaining your machine means more time mining with it, which is why the H370 Mining Master includes a suite of diagnostic features designed to make your platform easier to manage,” Asus explains in its announcement.

Here is the full list of specifications of Asus’ self-proclaimed “blockchain behemoth:”

  • Size: ATX, 12″x9.1″
  • Socket: LGA 1151 for Intel 8th Gen Core / Pentium / Celeron processors
  • Memory: 2 x DIMMs (max. 32GB), DDR4 2666 / 2400 / 2133 MHz , Non-ECC, unbuffered memory
  • PCIe: 1 x PCIe x16 slot
  • Storage: 2 x Serial ATA 6.0 Gb/s connectors
  •  Networking: 1 x Intel Gigabit LAN
  • USB GPU Riser Ports: 20 x Vertical USB ports over PCIe
  • USB Ports: 6 x USB 3.1 Gen 1, 4 x USB 2.0 / 1.1 ports
  • Other Ports: 1 x COM header

It is not yet clear how much the H370 mining master motherboard will cost. There is no specific date as well for its release. However, Asus maintains that it will be available sometime in the third quarter of this year. Fans can also have a preview of the mega motherboard at the Computex 2018 event in Taiwan next week.

The H370 mining master is not Asus first foray into crypto mining-specific motherboards. Last year, the computer hardware giant released the B250 Mining Expert which is still available in the market for $140.

Verge Cryptocurrency Suffers Its Second Hack And Lost $1.7 Million

The cryptocurrency also suffered a similar attack last month and lost over $1 million.

This is not a good year for the Verge cryptocurrency. The privacy-oriented cryptocurrency has experienced many security issues over the last few months. An attack in April resulted to a theft of 250,000 XVGs and in March, had their Twitter account hacked.

The latest attack lasted a few hours and resulted to a loss of approximately 35 million XVGs. This is worth more than $1.7 million as per the latest Coinmarketcap price.

Verge mentioned the attack in a Twitter post, explaining:

“It appears some mining pools are under DDoS attack, and we are experiencing a delay in our blocks. We are working to resolve this.”

Reddit user ocminer first noticed the attack. He was the same user who pointed out the first attack as well. According to him, hackers have exploited the same glitch that allowed them to steal thousands of XVGs previously. They were able to mine multiple blocks one second apart using the same (scrypt) algorithm.

He previously pointed out that Verge’s system had not been properly repaired since April. Additionally, he noted that “since nothing really was done about the previous attacks (only a band-aid), the attackers now simply use two [algorithms] to fork the chain for their own use and are gaining millions.”

 

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