Categories: CryptoNews

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.



GreenAddress apparently also has an iOS wallet, albeit the developers have never officially confirmed they were working on Apple device support. This wallet could be a fake, and users need to very careful when experimenting with this tool. The same goes for

Related Post
GreenBits, which has not been confirmed as an official legitimate iOS Bitcoin wallet right now.

There is also the BitcoinCore and Blockchain – Offline Bitcoin Wallet apps that raise a lot of suspicions. Neither of these applications is created by the official developers, and users need to be careful when installing these applications. The Bitcoin Armory Wallet is also a potential fake, albeit it is possible one of the official team members has been working on this port in their spare time.

All of this goes to show

Apple is not doing a good job when dealing with reviewing Bitcoin wallet applications. The company only recently allowed these apps in the first place, but their process still needs a lot of fine-tuning. Moreover, they are very slow to respond when fake Bitcoin wallets are reported. It sometimes even appears as if the technology giant just doesn’t care whether or not its users lose money.

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

Best Altcoins to Invest in Today: Qubetics Sets the Stage for Blockchain’s Future as Bitcoin Hits $108K and Litecoin Soars

The cryptocurrency world has always been a hotbed of innovation, attracting both seasoned investors and…

1 hour ago

Dogecoin Millionaire Predicts This Undervalued Altcoin Could Match DOGE’s 2021 Gains

Dogecoin's 2021 rally was a historic one, turning ordinary investors into overnight millionaires. This magnificent…

2 hours ago

Qubetics Presale Skyrockets to $7.5M as XRP and Arbitrum Lead Best Altcoins for Exponential Returns

The crypto market is always evolving, with big names like Bitcoin and Ethereum leading the…

2 hours ago

Over 300K Users Actively Mine Crypto On BlockDAG’s X1 Miner App While BNB Bulls Eye $3K; What’s XRP’s Price Target?

The crypto market is ablaze with excitement as altcoins like XRP and BNB make major…

3 hours ago

Best Crypto Presale To Buy Now: Rollblock Delivers For Holders With New License, Record Sign Ups and 7000+ Games

Rollblock is quickly becoming the best crypto presale to buy, delivering unmatched value for its…

6 hours ago

Polkadot And Uniswap Gearing For Post-Christmas Jump As Rollblock Raises $7.4 Million in Presale

While Rollblock's continues its crypto presale, with its value increasing regularly, Polkadot (DOT) and Uniswap…

7 hours ago