Number of Fake Bitcoin Wallet Apps On Apple App Store Keeps Growing

As it turns out, there are multiple fake bitcoin wallets to be found in the Apple App Store as of late. Even though the technology giant is allegedly putting these apps through a thorough screening test, different malicious versions have slipped through the mazes of the net. In fact, the number of fake wallets is alarmingly high right now, and we can only hope Apple does something about it sooner than later.

Bitcoin Users Need To Be Very Careful

Just yesterday, we reported of a fake Bitcoin Wallet client circulating on the Apple App Store. This application is using the same screenshots as the original version, yet the developers have never ported it to iOS. It is reasonable to assume the Apple variant of this wallet will attempt to steal funds at some point.

But as it turns out, the number of potentially harmful Bitcoin wallets on iOS is growing.  Breadwallet, once often referred to as the only Bitcoin wallet for iOS, has been dealing with very similar issues. Somebody has apparently copied their codebase and released a wallet under a different name, in an attempt to defraud Bitcoin users.


Read more ... source: TheBitcoinNews