Categories: CryptoNews

Bitcoin Wallet In Apple App Store Is Not Related To Original Project

Internet criminals will stoop to new lows in an attempt to steal users’ Bitcoins these days. By targeting mobile users, developers can sneak in fake Bitcoin wallets into an app store. While it will pass the verification procedure for legitimate apps, that does not mean user funds will be safe. A fake variant of Bitcoin Wallet is making the rounds on the Apple app store right now.

Not Every Bitcoin Wallet Is The Same

Looking at the Apple App Store, the Bitcoin Wallet listed there seems to be the real deal. It uses the same name and shows identical screenshots as the legitimate Android and Blackberry versions. However, these looks are deceiving, as the Apple variant has nothing to do with the original developers of this project.

While this may not be an indication of malicious activity per se, there is no reason as to why the original screenshots should be used by anyone else but the original creators. Such type of behavior hints at attempting to defraud Bitcoin users with an iOS device, albeit that cannot be said for certain right now.

Interestingly enough, one Twitter user pointed out how this fake Bitcoin Wallet app seems to be using the Breadwallet source code. Not too long ago, there was a fake Breadwallet floating around in the app store as well, which had nothing to do with the original developers. It is anybody’s guess as to how these applications are even allowed in their respective app stores, though.

Related Post



This goes to show Bitcoin users need to be vigilant at all times, especially when installing a client for their mobile device. A list of official Bitcoin wallets for any operating system can be found on the Wiki page. Even though that page may not always be up-to-date the listings mentioned there can be trusted.

Image credit 1

If you liked this article follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

AVALANCHE PRICE ANALYSIS & PREDICTION (April 8) – Avax Sees 13% Gains as Global Market Recovers, Remains Bearish

Starting this week with a sell-off, Avax found support and recovered after registering a double-digit…

1 day ago

The Golden Era of Shorting Altcoins is Over, Says Crypto Expert 0xSun

On April 7, Smart Money and well-known crypto figure 0xSun (@0xSunNFT) shared a candid market…

1 day ago

Against the Tide: $RFC Surges Over 100%, Hits $26M Market Cap ATH

In a striking reversal of fortune, the Retard Finder Coin ($RFC), a memecoin based on…

1 day ago

Fartcoin: The Memecoin Dominating Solana’s AI Sector and Smart Money’s Radar

The cryptocurrency world does not stand still; it is constantly in its own state of…

1 day ago

Bitcoin Futures Liquidations Hit $58.8 Million: Long Positions Take the Brunt of the Hit

In the past 24 hours, Bitcoin's price tumbled by 10%, but the amount of liquidations…

1 day ago

RIPPLE PRICE ANALYSIS & PREDICTION (April 7) – is XRP on The Road to $1 After Finally Bridging This Critical Support?

After trending briefly bearish for three months, XRP looks ready for a major sell following…

2 days ago