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2021 Recap: 8 fake cryptocurrency Android apps that scammed users | Gadgets Now

2021 Recap: 8 fake cryptocurrency Android apps that scammed users | Gadgets Now
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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

GadgetsNow

18

BitFunds

It projected to be a crypto cloud mining app.

GadgetsNow

28

Bitcoin Miner

Bitcoin Miner projected to be a cloud mining app.

GadgetsNow

38

Bitcoin (BTC)

It projected to be a pool mining cloud wallet app.

GadgetsNow

48

Crypto Holic

It was a paid app. Crypto Holic projected as a Bitcoin cloud mining app.

GadgetsNow

58

Daily Bitcoin Rewards

Daily Biton Rewards projected to be a cloud based mining system app.

GadgetsNow

68

Bitcoin 2021

The app prompted users to click on ads during fraudulent cryptomining activities to prove that users are not robots.

GadgetsNow

78

MineBit Pro

The app projected to be a crypto cloud mining and btc miner.

GadgetsNow

88

Ethereum

The app projected to be a pool mining cloud app



Read More:2021 Recap: 8 fake cryptocurrency Android apps that scammed users | Gadgets Now

Tags: AndroidAppsCryptocurrencyfakegadgetsRecapscammedUsers
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