Popular Google Play Apps Found Stealthily Mining Digital Currency
Two apps discovered in the Google Play store were found to be mining digital currency in the background. With talk that mining digital currency, particularly bitcoin, has become so difficult with everyday hardware, it would likely be difficult to believe your phone is doing just that. But for some app users, it's very much happening. Security company Trend Micro discovered at least two applications for Android that are stealthily mining digital currency without making the end user aware. These applications are listed on the Google Play store, not surprisingly, where they are easily found....
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Cryptocurrency mining malware for PC platforms has been around for a while, but now it has gone mobile, specifically via the Android OS. A team of security researchers from Trend Micro has managed to identify two apps that can use your Android device to mine litecoin and dogecoin. The apps in question are called Songs and Prized, and both are available from the Google Play Store. Songs has between one and five million downloads so far, while Prized has 10,000 to 50,000 downloads. This is not the first case of mining malware targeting new and unusual platforms. Linux recently got what was....
A Trend Micro report claims that over 120 fake crypto-focused apps are still operational in the Play Store, some exceeding over 100,000 downloads. Google has delisted eight allegedly fraudulent mobile apps from its Play Store that were duping crypto enthusiasts by charging fees for an illegitimate cloud mining service. Fraudulent mobile applications have now become a popular method to mislead unwary users with high success rates. Trend Micro’s latest research discovered eight Android applications that were exploiting crypto users by charging a monthly fee under the false pretext of running....
Everyone has at least one smartphone which can be used to download apps from the Apple Store or Google play for different reasons. Now with the spreading of Bitcoin we have witnessed apps that help us to pay for stuff we buy online and we call them bitcoin wallets, also we have apps that show the funny side of bitcoin, finally there are more experts apps that make the life of a businessman easier and more productive. Take the app called Bitcoin Business planner , whose goal is to provide all the best links to the world of digital mining. Larry Pantlin is the owner of Capstone Digital....
A U.S. lawmaker has demanded answers from Apple CEO Tim Cook and Google CEO Sundar Pichai about their measures against fake cryptocurrency apps appearing in the Apple App Store and the Google Play store. “Millions of Americans use mobile apps to invest in unregulated digital assets,” said Senator Sherrod Brown. “Reports have emerged of fake crypto apps that have scammed hundreds of investors.”
U.S. Senator Questions Chief Executives of Apple and Google on Fake Crypto Apps
Senator Sherrod Brown (D-OH), chairman of the Senate Committee on Banking,....
The SharkBot malware family was first discovered last October, and has continued to evolve with new ways to hack into users' Android-based crypto and bank apps. A newly upgraded version of a banking and crypto app targeting malware has recently resurfaced on the Google Play store, now with the capability to steal cookies from account logins and bypass fingerprint or authentication requirements.A warning about the new version of the malware was shared by malware analyst Alberto Segura and treat intelligence analyst Mike Stokkel on Twitter accounts on Sept. 2, sharing their co-authored....