Are bookmarks stored online?

Today, when I attempted to use the search bar none of my bookmarks showed up. I checked and saw that I was offline.

As soon as I went online all my bookmarks started to show up in the search bar.

Are my bookmarks being stored online?

I don’t know if this is happening, is a feature or not but if so it’s a security risk.
I didn’t enable this feature.

What’s going on?

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