I think it's harmful to dumb down the URL dismissing the path. I'm fine with displaying it with different emphasis but not fully disappearing it. Their way of assessing "help users realize if they are attacked" will be "Yah, I like it" and we'll never know
Making your visit to fakebook.com more obvious
https://www.theverge.com/2020/8/13/21366162/google-chrome... On The Verge
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