Four fake cryptocurrency apps were listed on the Google Play Store

Google play
Ymgerman/123RF

If you’re hoping to cash in on cryptocurrency using your Android phone, you might want to be a little careful. Four bogus cryptocurrency apps were spotted on the Google Play Store this week, according to a report from cybersecurity researcher Lukas Stefanko.

Three of the four fake apps in question include Neo Wallet, Tether Wallet, and MetaMask. These bogus apps were present in the Google Play Store since the middle of October but were reported and then quickly removed. The apps attempted to either phish the cryptocurrency logins of consumers or impersonate real cryptocurrency wallets. For instance, unsuspecting victims who installed MetaMask could have had their cryptocurrencies rejected and incapable of being deposited because of the way scammers programmed the app to show a specific private key.

“These malicious apps only display attacker’s public address without user’s access to private key. Private key is owned by the bad guy. Once the fake app is launched, user thinks that app already generated his public address where user can deposit his cryptocurrency. If user send his funds to this wallet, he is not able to withdraw them because he doesn’t own private key,” said Lukas Stefanko.

All of the apps in question were built using AppyBuilder, a “drag and drop” service which anyone with general knowledge can use to code apps. That serves as a significant reminder to always double check the original developer of a Google Play App. And for cryptocurrency seekers, it is an important reminder to make sure that your mining app is loading up your own personal private key, and not a pre-set key.

Cryptocurrency mining on mobile platforms has been a very hot topic in recent times, as Apple has banned mining apps from its iOS devices. Millions of Android consumers were also at risk in February, when drive-by cryptominers redirected web traffic to a specific address.

The Google Play Store has been known to host malware in the past. Earlier in 2018, McAfee researchers found out that the Android app store hosted malware meant to steal photos, contact lists, and even text messages of North Korean defectors. Some of those apps were posing as security apps, while one was claiming to provide food ingredient information.

Emerging Tech

Awesome Tech You Can’t Buy Yet: heat-powered watches, phone cases with reflexes

Check out our roundup of the best new crowdfunding projects and product announcements that hit the web this week. You may not be able to buy this stuff yet, but it sure is fun to gawk!
Mobile

Android vs. iOS: Which smartphone platform is the best?

If you’re trying to choose a new phone and you’re not sure about the merits and pitfalls of the leading smartphone operating systems, then come on in for a detailed breakdown as we pit Android vs. iOS in various categories.
Mobile

We tried all the latest and greatest smartphones to find the best of 2019

Smartphones are perhaps the most important and personal piece of tech on the planet. That’s why it’s important to pick the best phone for your individual needs. Here are the best smartphones you can buy.
Gaming

Verizon video game streaming service leaked, currently testing on Nvidia Shield

Verizon is currently testing a video game streaming service that is already running on the Nvidia Shield set-top box, according to The Verge. The platform, named Verizon Gaming, will also eventually launch on Android smartphones.
Computing

Delete tracking cookies from your system by following these quick steps

Cookies are useful when it comes to saving your login credentials and other data, but they can also be used by advertisers to track your browsing habits across multiple sites. Here's how to clear cookies in the major browsers.
Computing

Convert your PDFs into convenient Word documents with Adobe or a free option

PDF files are great, but few document types are as malleable as those specific to Microsoft Word. Here's how to convert a PDF file into a Word document, whether you prefer to use Adobe's software suite or a freemium alternative.
Computing

Nvidia’s next midrange card might be a GTX 1660 Ti, rumors suggest

Nvidia may be working on a non-RTX Turing graphics card called the 1660 Ti. Rumors suggest it will have around 20 percent fewer CUDA cores than the RTX 2060 and will lack ray tracing support.
Deals

From Samsung to HP, here are the best cheap Chromebook deals right now

Whether you want a compact laptop to enjoy some entertainment on the go, or you need a no-nonsense machine for school or work, we've smoked out the best cheap Chromebook deals -- from full-sized laptops to 2-in-1 convertibles -- with most…
Computing

Chromebook 13 vs. Google Pixelbook: Acer model takes on the king

Acer's Chromebook 13 is throwing tons of speed at the Chrome OS market, to go with a midrange build and traditional clamshell design. Is that enough to challenge the Google Pixelbook?
Computing

Data breach compromises 773 million records, 21 million passwords

A security researcher was alerted to a collection of breached data that included more than 773 million compromised records. After digging deeper, the breach was revealed to contain more than 21 million passwords.
Computing

Dell teases new XPS laptop with Intel’s 10th-gen Ice Lake for summer 2019

After teasing a mysterious Ice Lake-powered XPS laptop during Intel's keynote, Dell confirmed that it will announce a new 10th-generation Ice Lake-powered XPS laptop this year. The new XPS notebook could debut as early as summer.
Computing

Faster new PCIe 5.0 standard leapfrogs the best feature of AMD’s Ryzen 3

PCIe 5.0 will bring even faster data transfers, but it may only be found on HPCs and servers initially. The standard is four times faster than your current PC at transferring data, and new devices could appear later this year.
Deals

From Chromebooks to MacBooks, here are the best laptop deals for January 2019

Whether you need a new laptop for school or work or you're just doing some post-holiday shopping, we've got you covered: These are the best laptop deals going right now, from discounted MacBooks to on-the-go gaming PCs.
Computing

Keep your laptop battery in tip-top condition with these handy tips

Learn how to care for your laptop's battery, how it works, and what you can do to make sure yours last for years and retains its charge. Check out our handy guide for valuable tips, no matter what type of laptop you have.