Apple Lists Scam Ethereum Wallet in its App Store

Apple Opens App Pre-Orders to All Developers

Apple allows developers to make apps available for pre-order is one of the leading cryptocurrency apps in the market today, and any scam related to this app could have huge consequences.

Hackers and scammers have been trying to cash in on the cryptocurrency rage for years, and as valuations rise, the problem is only going to get worse.

Seahawks rookie Malik McDowell arrested for disorderly conduct
McDowell claimed that he paid $600 for two bottles of alcohol, a seat in a particular section of the club and parking. McDowell was allegedly involved in a verbal altercation outside SL Lounge in Atlanta early Sunday morning.

This weekend, the app rose to number three in the Finance category of the App Store, which is another sign of just how mainstream cryptocurrencies have become.

The app's sudden surge in popularity comes as digital currency Bitcoin continues to grow in value and as Bitcoin exchange app Coinbase has dominated the store's free downloads list.

Marvel And Netflix's Jessica Jones Season 2 Gets A Trailer
Jessica Jones gets "back to unfinished business" in the first trailer for the second season of Netflix's acclaimed Marvel series. Marvel's Jessica Jones is produced by Melissa Rosenberg, Raelle Tucker, Jim Chory and Jeph Loeb.

MyEtherWallet tweeted that it had filed a report with Apple against the app, saying "This is NOT US". It allows users to create or import wallets for their cryptocurrencies, promising: "Your keys are encrypted and stored securely inside your phone". The app's developer is listed as Nam Le, who has no relation to the service and no history with bitcoin (Le's other apps include a panda warrior game and a fishing game). Of course, we don't know anything about the developer or their intent in creating the app.

But the imposter version of MyEtherWallet is breaking the law in many ways. Just like Apple's other preinstalled apps, it's also not meant to be removed from your phone, but a bug in the operating system appears to be allowing people to do so. The developer is monetizing free and open-source software (FOSS), as MyEtherWallet pointed out on Twitter.

Tollywood comedian Vijay Sai hangs himself at his Hyderabad residence
On a complaint by Vijay's father Subba Rao, police registered a case against Vanita, lawyer Srinivas and Sashidhar. Vijay's wife Vanitha, who is also actress that played roles in films like "Anumanaspadam", spoke to the media.

In light of this, it shouldn't take Apple long to take action by removing the fake Ethereum app. Apps submitted for listing in Apple's App Store must undergo a very rigorous vetting process before they are posted.

Latest News