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From the start of this year, the cryptocurrency space has gone through a roller coaster ride. So far, the ecosystem has seen pleasing and unpleasant announcements and some of them have had a significant impact on the price of Bitcoin [BTC] and other cryptocurrencies.
In addition, the social media giant, Facebook and search engine platforms, Google and Bing had banned cryptocurrency advertising at the start of this year. The reason stated by the platforms is represented by the risks associated with cryptocurrencies.
However, recently, Facebook and Google have revoked the prohibition of cryptocurrencies and revised its rules for advertisements. Coinbase has become the first cryptocurrency platform to have its own ads on social media and search engine giants.
Along with this, there has been a growing concern about cryptocurrency mining malware. Hackers have begun to undermine cryptocurrency with the help of browser extensions that use cryptocurrency mining scripts.
Mozilla Firefox, an open source browser developed by the Mozilla Foundation, has posted a notice regarding their "Anti-Tracking Approach".
The warning stated:
"Misleading practices that invisibly collect identifiable user information or degrade the user experience are becoming more common."
Mozilla cited cryptocurrency mining scripts that are used to extract digital resources from users' devices without their knowledge, as one of the examples.
This led the navigation platform to ban cryptocurrency mining scripts. The new versions of Firefox block them by default. The main concern of the platform is that these practices make the web "a more hostile place."
Kryptovijoy, a Redditor said:
"Comparing with other browsers, especially with Chrome, firefox is much better and safer."
Successfuleview, another Redditor said:
"This is nice for those who are new to the crypto for not being victimized by those malware. "
LtSurgeRaichu, a Reddit user said:
" How long before you find a way around this? A crazy guy is probably working to put the remote miner code in an image as we speak. "
In addition, Google has also put a ban on all cryptocurrent mining extensions on the Chrome browser. This also included the removal of existing extensions from the browser.
Reportedly, the most sought-after cryptocurrency that is extracted with cryptocurrency malware is registered as Monero [XMR] a known currency for privacy.
