If you have any of these apps, delete them now; They are designed to steal from you
If you have any of these apps, delete them now; They are designed to steal from you
At the moment, one of the most important digital topics is undoubtedly cryptocurrencies and how to obtain them.
In fact, with the increasing number of people interested in learning about cryptocurrency mining, cybercriminals are actively exploiting people’s interest by not only spreading crypto-mining malware but as Trend Micro experts point out, creating fake Android apps targeting those interested in virtual currencies.
8 scam apps you should delete
The cyber security company discovered up to 8 deceptive mobile apps pretending to be mining apps in the cryptocurrency cloud (discovered by Trend Micro as AndroidOS_FakeMinerPay and AndroidOS_FakeMinerAd), where users can earn cryptocurrency by investing money in the cloud mining process.
However, they discovered after analysis that “These malicious apps only trick victims into seeing ads, pay for subscription services that average $15 per month, pay to increase mining capabilities without getting anything in return. None of the apps is available at the moment, since after informing Google, Google quickly removed the apps from its Play Store for Android.
These are the fraudulent apps that are no longer available on the Play Store:
BitFunds – Crypto Cloud Mining
Bitcoin Miner – Cloud Mining
Bitcoin (BTC) – Pool Mining Cloud’s Cloud Wallet
Crypto Holic – Bitcoin Cloud Mining
Daily Bitcoin Rewards – Cloud Mining System
Bitcoin 2021
MineBit Pro – cryptocurrency and cloud mining for btc
Ethereum (ETH) – Cloud Mining
Two of them are paid apps that users have to purchase; Crypto Holic – Bitcoin Cloud Mining costs $12.99 to download, while Bitcoin Daily Rewards – Cloud-based mining system costs $5.99.
There are still 120 more
It is important to note that when searching for keywords “cloud mining” on Google Play, “We still find many apps related to the same genre.” some of them have been downloaded over 100,000 times.
Based on data from Trend Micro’s Mobile App Reputation Service (MARS), more than 120 cryptocurrency mining apps are still used to scam victims.
The research also found that some fake cryptocurrency mining apps were urging their users to click ads rather than paying for more computing power. These applications, specifically Bitcoin (BTC) – Pool Mining Cloud Wallet and Bitcoin 2021.
They have the following malicious properties:
The interfaces are filled with ads.
Users are asked to click ads during fraudulent cryptocurrency mining activities to prove that users are not bots.
Users are informed that they can start mining after watching in-app video ads.
Users are advised to watch in-app video ads to increase mining speed.
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