Connect with us

Suspect cryptocurrency wallet app made its way onto the App Store

Apple News

Suspect cryptocurrency wallet app made its way onto the App Store

Apparently that Apple will have let a knockoff model of a well-liked cryptocurrency wallet onto the App Store. The app stocks a reputation with MyEtherWallet.com, one in every of the extra common virtual wallets for storing ether (ETH). The developers in the back of MyEtherWallet.com pressure that the MyEtherWallet app is in no way legitimate, and customers will have to steer clear of downloading it.

From TechCrunch:

The app rose to the quantity 3 spot in Finance class of the App Store this weekend as a part of a bitcoin frenzy that noticed trade Coinbase most sensible Apple's loose obtain record in the U.S. On this case, on the other hand, it is very important notice this app isn't legitimate so customers will have to steer clear of downloading it.

The app developer — who's indexed as Nam Le — has 3 different apps with Apple, together with two panda combating video games, however no historical past of crypto or bitcoin products and services.

MyEtherWallet.com's developers have contacted Apple so that you could have the app got rid of from the retailer. The developers additionally indicate that during promoting the MyEtherWallet app for $4.99, Nam Le is monetizing loose and open-source device, which unquestionably places this app in doubtful moral and felony territory.

Comments

More in Apple News

To Top