2021 Recap: 8 fake cryptocurrency Android apps that scammed users | Gadgets Now
Cryptocurrency is among the biggest stories of 2021. The rise in value of cryptocurrencies raised people’s interest in crypto around the world. It has become a hot topic not only among investors but also among common people. While countries are still to legalise crypto, it is seeing some adoption (baby steps) in certain segments. Soaring bitcoin and cryptocurrency have also attracted a wave of cyber criminals. In fact, Federal Bureau of Investigation (FBI) warned bitcoin and cryptocurrency buyers, exchanges and payment platforms over the growing threat of criminals looking to steal bitcoin and crypto-assets. Google too removed 8 fake cryptocurrency Android apps that scammed users earlier this year. These apps masquerade as cryptocurrency cloud mining applications, where users can earn cryptocurrency by investing money into a cloud-mining operation. However, the apps tricked users into watching ads, paying for subscription services. Here are the names of these apps
It projected to be a crypto cloud mining app.
Bitcoin Miner projected to be a cloud mining app.
It projected to be a pool mining cloud wallet app.
It was a paid app. Crypto Holic projected as a Bitcoin cloud mining app.
Daily Bitcoin Rewards
Daily Biton Rewards projected to be a cloud based mining system app.
The app prompted users to click on ads during fraudulent cryptomining activities to prove that users are not robots.
The app projected to be a crypto cloud mining and btc miner.
The app projected to be a pool mining cloud app