Logo
News

Google Issues Warning Against A Fake Crypto Wallet that Steals Money

A fake app, claiming to be a crypto coin wallet was recently found stealing money

Google Issues Warning

On May 23rd, 2019, ESET Antivirus researchers reported that a Google Play Store app, using the name Trezor, claims to be a crypto coin wallet app, but is actually fake and developed with the purpose of stealing money. Google warns its 2 billion monthly users against this fake app. 

Experts at ESET have warned users about two such fake apps on Google Play that aim cryptocurrency investors.

Trezor’s page on Google Play Store might look legitimate but after it is installed, its name and icon changes from ‘Trezor’ to ‘Coin Wallet’  that starts with a generic login screen with no Trezor branding, thus spoofing for credentials.

Coin Wallet

The Coin Wallet is listed on Play Store as a crypto wallet, according to ESET. This allows this fraudulent app to steal all sensitive data.

ESET researcher, Lukas Stefanko, explains,

The app pretends to generate a unique wallet address for the user where coins can be transferred, but, in reality, it is generated by attackers and only they can access those other wallets. 

There are different wallets for different supported cryptocurrencies in total that are assigned to victims to get their money.

Some safety tips advised by ESET 

• Only trust cryptocurrency-related and other finance apps if they are linked to the official website of the service.
• Only enter your sensitive information into online forms if you are certain of their security and legitimacy.
• Keep your device updated.
• Use a reputable mobile security solution to block and remove threats.

ESET informed Google about the offending apps, which have now been removed from the Google Play Store.
 

Manish <span>Content Strategist</span>
Written By
Manish Content Strategist

With a mixture of literature, cinema, and photography, Manish is mostly traveling. When he is not, he is probably writing another tech news for you!

Think Your Professional Journey
Deserves A Spot In Our 40 Under 40 Report?

Featured Blogs

News

5G Summit 2018, South Korea: 5G Industry Event

2 min read  

This year, 5G Summit South Korea will hold the most valuable industry event where you can meet the entire wireless ecosystem. 5G Summit 2018, to be hosted in Daegu, South Korea, is the largest unbiased mobile industry event, engaging mobile broadband professionals and the software and hardware compa

News

Apple Pushes Maps Transit Feature To Virginia And Missouri

4 min read  

Apple has added more cities in the US Map transit service for the iOS users this week. Now, some cities of Virginia and few Missouri regions have been added to the map for providing public transit information. The iOS users over these regions will be able to access bus details and train routes using

News

Mark Zuckerberg says In-Person Engineers Perform Better Than Remote Ones at Meta

4 min read  

Mark Zuckerberg, CEO of Meta, has revealed that engineers who joined the company in-person performed better than those who joined remotely. The statement was based on an internal data analysis, which also showed that younger engineers in their early careers work better in person with collea

News

Google Is Launching Asia

4 min read  

Artificial Intelligence is the only key to unlock the doors to future technology, at least Google believes it and need the right people for the job. The search giant has announced today that it is setting up an AI research center in Beijing, China and hiring the top AI experts of the country.Goo

Featured Interviews

Interview

Interview With Coyote Jackson, Director of Product Management, PubNub

MobileAppDaily had a word with Coyote Jackson, Director of Product Management, PubNub. We spoke to him about his journey in the global Data Stream Network and real-time infrastructure-as-a-service company. Learn more about him.

MAD Team 4 min read  
Interview

Interview With Laetitia Gazel Anthoine, Founder and CEO, Connecthings

MobileAppDaily had a word with Laetitia Gazel Anthoine, Founder and CEO, Connecthings. We spoke to her about her idea behind Connecthings and thoughts about the company’s services.

MAD Team 4 min read  
Interview

Interview With Gregg Temperley, Founder Of ParcelBroker App

MobileAppDaily had a word with Gregg Temperley, Founder. We spoke to him about his idea behind such an excellent app and his whole journey during the development process.

MAD Team 4 min read  
Interview

Interview With George Deglin, CEO Of OneSignal

MobileAppDaily had a word with George Deglin, the CEO and co-founder of OneSignal, a leading customer messaging and engagement solution, we learn multiple facets related to customer engagement, personalization, and the future of mobile marketing.

MAD Team 4 min read  
MAD Originals
MAD Originals

Cut to the chase content that’s credible, insightful & actionable.

Get the latest mashup of the App Industry Exclusively Inboxed

  • PRODUCTS
  • SERVICES
  • BOTH
Join our expansive network, build connections and expand your brand presence.