Four Fake Cryptocurrency Wallets Found on Google Play Store

Neutral Four Fake Cryptocurrency Wallets Found on Google Play Store

Malware researcher Lukas Stefanko has found four fake cryptocurrency wallets on the Google Play Store that were trying to steal users' personal data, according to a blog post published Nov. 13.

The apps were posing as cryptocurrency wallets for NEO, Tether and an extension for accessing Ethereum ( ETH), MetaMask. They were purportedly designed to phish users' mobile banking credentials and credit card information.

Stefanko classified the wallets into two groups, wherein the fake MetaMask app was a "phishing wallet" and the other three apps were "fake wallets." Once the phishing app is installed and launched, it requests the user's private key and wallet password.

In a video attached to the blog post, Stefanko explained his research into the "fake wallets," noting the example of the fake NEO app dubbed "Neo Wallet", which had over 1,000 installs since its launch in October.

The fake crypto wallets reportedly did not create a new wallet through generating a public address and a private key - which are needed to securely send and receive digital currency - but only displayed the attacker's public address with no user access to the private key. Thinking that the app generated their public address, users would deposit their funds to that wallet, but were unable to withdraw them as the private key belonged to a cybercriminal.

Stefanko noted that the apps were developed using the Drag-n-Drop app builder service, which does not require specific coding knowledge from the user. This means that nearly anyone is able to "develop" a simple malicious app to steal sensitive personal data, "once the Bitcoin ( BTC) price rises," according to Stefanko.

The analyst states in the post that he reported the fake apps to the Google security team, after which the wallets were subsequently removed.

Just yesterday, Cointelegraph reported that the official Twitter account of Google's G Suite was supposedly compromised to promote a Bitcoin ( BTC) giveaway scam. Scammers reportedly spread a message luring users to participate in a fraudulent 10,000 BTC giveaway.

11/15/2018 / 02:25:00 Source: cointelegraph

BTC
1 BTC=$3,504.19
XRP
1 XRP=$0.3093
ETH
1 ETH=$91.42
XUC
1 XUC=$2.10
EOS
1 EOS=$2.06
BCH
1 BCH=$97.76

News Feed 50

Ccn Neutral - ‘What is Bitcoin’ Ranked Among Top Google Searches in 2018 read more.
12/12/2018 / 18:32:05
Cryptopotato Neutral - What’s The Real Reason Behind Coinbase Not Listing Ripple XRP? read more.
12/12/2018 / 18:24:32
Cointelegraph Neutral - Russian Deputy Prime Minister: Draft Crypto Legislation Won’t Be ‘Significantly’ Edited read more.
12/12/2018 / 18:20:00
Bitcoinmagazine Neutral - Prosecutors Seek 10-Year Jail Sentence for Karpeles Over Mt. Gox Embezzling read more.
12/12/2018 / 18:15:29
Cointelegraph Neutral - Dutch Central Bank Proposes License Requirement for Cryptocurrency Service Providers read more.
12/12/2018 / 18:14:00
Cointelegraph Neutral - Russian Draft Bill Blocking Suspicious Financial Websites ‘Could’ Cover ‘Scam’ ICOs, Experts Note read more.
12/12/2018 / 18:05:00
Cryptoglobe Neutral - UAE, Saudi Arabia to Jointly Launch Cryptocurrency for Interbank Transactions read more.
12/12/2018 / 18:00:51
Bitcoinist Neutral - Coinbase Slammed For Venezuela ZCash Airdrop Being an ‘Advertising Strategy’ read more.
12/12/2018 / 18:00:25
Trustnodes Neutral - Southern Europe Signs Blockchain Accord, House Bill to Promote Cryptos, CFTC Requests Comments on ETH, Augur Faces a Governance Question read more.
12/12/2018 / 17:59:57
Blokt Neutral - XYO Will Launch the Blockchain Satellite ‘EtherX’ into Space Using a SpaceX Falcon 9 read more.
12/12/2018 / 17:59:36
Cointelegraph Neutral - IBM Research Teams up With Agritech Firm to Boost African Agribusiness with Blockchain read more.
12/12/2018 / 17:51:00
Blokt Neutral - Galaxy Digital’s Mike Novogratz Narrates His Crypto Journey, Says He Is Still Bullish read more.
12/12/2018 / 17:34:31
Newsbtc Neutral - Crypto Exchange OKEx Relists Bitcoin ABC Under Original Bitcoin Cash (BCH) Ticker read more.
12/12/2018 / 17:30:31
Bitcoin.Com Neutral - Bitwala Begins Offering Bank Accounts With Bitcoin Wallet and Debit Card read more.
12/12/2018 / 17:15:05
Ccn Neutral - Bitcoin Price ‘Could Go from Bad to Worse’: Bearish Analyst read more.
12/12/2018 / 17:11:23
Coindesk Neutral - Ethereum’s Geth Software Upgrades Ahead of January Hard Fork read more.
12/12/2018 / 17:00:47
Cryptoinsider Neutral - Dogecoin is more decentralized than NEO, IOTA, NEM, Stellar, and Nano read more.
12/12/2018 / 17:00:23
Cryptoglobe Neutral - UK-Based Exchange CEX.IO Moving To Mandatory User Registration read more.
12/12/2018 / 17:00:00
Newsbtc Neutral - Only 4 Crypto Exchanges Have 100,000+ Active Users read more.
12/12/2018 / 16:59:30
Trustnodes Neutral - Most Cryptos Very Close to the Bottom Says This Week’s Technical Analysis read more.
12/12/2018 / 16:29:15
Cointelegraph Neutral - Canadian City of Calgary Launches Local Digital Currency for Intracity Transactions read more.
12/12/2018 / 16:21:00
Blokt Neutral - EOS Breaks Downward Trend as Market Leader Bitcoin [BTC] Finds Support read more.
12/12/2018 / 16:14:13
Cointelegraph Neutral - Germany’s Second Largest Stock Exchange, SolarisBank Partner to Launch Crypto Exchange read more.
12/12/2018 / 16:12:00
Blokt Neutral - IBM May Offer Blockchain-based Solutions to Indian Telcos read more.
12/12/2018 / 16:09:41
Cointelegraph Neutral - Allianz Global Investors CEO Says Crypto Assets Should Be ‘Outlawed’ read more.
12/12/2018 / 16:07:00
Ccn Neutral - Razer Wants Gamers to Mine Cryptocurrency Using their Idle GPUs — But You Probably Shouldn’t read more.
12/12/2018 / 16:01:42
Blokt Neutral - Full-Blown Reversal for the Price of Factom [FCT] read more.
12/12/2018 / 15:59:59
Trustnodes Neutral - Bitcoin Tops “What is…” Google Searches in US and UK read more.
12/12/2018 / 15:51:01
Cointelegraph Neutral - China: Shenzhen Special Economic Zone to Use Blockchain for Electronic Tax Invoices read more.
12/12/2018 / 15:50:00
Blokt Neutral - Ripple’s XRP Continues Range Trading As Market Leader Bitcoin [BTC] Finds Support read more.
12/12/2018 / 15:48:21
Ccn Neutral - What is Holding Coinbase Back From Integrating Ripple (XRP) Into its Exchange? read more.
12/12/2018 / 15:35:52
Cryptoglobe Negative - #Ethereum (ETH) Price Analysis – December 12 read more.
12/12/2018 / 15:28:49
Bitcoin.Com Neutral - Netherlands to Regulate Cryptocurrencies in Bid to Curb Money Laundering read more.
12/12/2018 / 15:15:35
Blokt Neutral - Bitcoin [BTC] Tests Key Support Level – Bullish or Bearish? read more.
12/12/2018 / 15:14:47
Newsbtc Negative - Billionaire Mike Novogratz Says Crypto ICO Market is Pretty Much Dead Now read more.
12/12/2018 / 15:09:15
Cointelegraph Neutral - India’s Telecom Regulator Completes Mobile Blockchain Pilot with IBM read more.
12/12/2018 / 15:09:00
Cointelegraph Neutral - Crypto Exchange Coincheck’s Owner Monex to Launch Crypto Trading in US starting Q1 2019 read more.
12/12/2018 / 15:04:00
Blokt Neutral - TRON Giveaways and Promotions Kickoff for the Holiday Season read more.
12/12/2018 / 14:59:14
Cointelegraph Neutral - Developers Test Cross-Blockchain Protocol for One-Way ERC20-Bitcoin LN Atomic Swaps read more.
12/12/2018 / 14:51:00
Cryptoglobe Neutral - Former Mt. Gox CEO Mark Karpeles Facing Possible Ten-Year Prison Sentence read more.
12/12/2018 / 14:45:00
Cointelegraph Neutral - Report: Financial Criminal Allegedly Revealed as Figure Behind ‘Blockchain Terminal’ ICO read more.
12/12/2018 / 14:27:00
Ccn Neutral - Cryptocurrency Should be ‘Outlawed’: Allianz CEO Andreas Utermann read more.
12/12/2018 / 14:26:57
Blokt Neutral - Dash: After the Fall, Where Does Price Find Support? read more.
12/12/2018 / 14:24:43
Coindesk Neutral - Novogratz’s Galaxy Digital Backs $4 million Raise for Crypto-Lender BlockFi read more.
12/12/2018 / 14:20:09
Trustnodes Neutral - Brexit Bitcoin Shows no Premium While Pound Nears Euro Parity as Crisis Descends on the Palace read more.
12/12/2018 / 14:16:15
Coinnounce Neutral - Bitcoin Whale Alert: 20157 BTC transferred to Bitfinex read more.
12/12/2018 / 14:13:08
Cointelegraph Neutral - Denmark Targets 2,700 Bitcoin Traders for Tax Payments After Tip-Off From Finland read more.
12/12/2018 / 14:11:00
Blokt Neutral - Alibaba Cloud Becomes One of the 16 New Members to Join the Hyperledger Global Forum read more.
12/12/2018 / 14:04:38
Financemagnates - Saudi Arabia and the UAE Central Banks to Create Joint Token read more.
12/12/2018 / 14:01:12
Cryptoglobe Neutral - Samsung Denies Rumors of Launching Cold Storage Crypto Wallet for Galaxy S10 Smartphone read more.
12/12/2018 / 14:00:00
Negative
4.4%
Neutral
94.4%
Positive
0.9%
Mixed
0.2%

Latest comments:

4 min
Hey Sam, how is it going? But I must explain to you how all this mistaken idea of denouncing of a pleasure and praising pain was born
3 min
Pretty good. Doing my homework.. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because
2 min
Any chance to go out? To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage
2 min
.. Maybe 40-50 mins. I don't know exactly. On the other hand, we denounce with righteous indignation and dislike men who are so beguiled
1 min
Anyway sounds great! These cases are perfectly simple and easy to distinguish.