At the moment, the whole world is in a frenzy over cryptocurrency. The impact of digital currency on the economy is on the rise. The rise in the value of cryptocurrencies has attracted not only investors but also the general public. A number of countries have already declared crypto legal tender, while others are concerned about financial stability and the negative impact of crypto on the wider economy.
But the most notable thing is that cyber fraud is rampant in the face of this huge popularity of cryptocurrency. The introduction of new cryptocurrencies in the market, ranging from squid coins and dozcoins to Shiva Inu and their skyrocketing market value have on the one hand enticed investors as well as increased risks such as fraud and forgery.
After investigating the matter in detail, the experts have come to the conclusion that any group is now able to create an app and launch new coins in the market from it. Needless to say, the chances of people losing their hard-earned money due to cyber fraud are increasing day by day.
The Federal Bureau of Investigation (FBI) has already warned Bitcoin and cryptocurrency buyers, exchanges and payment platforms about the growing dominance of criminals seeking to steal Bitcoin and crypto-assets. Recently, Google and 8 bogus cryptocurrency Android apps were removed from their App Store, through which multiple users became victims of cyber fraud.
These apps disguise themselves as cryptocurrency cloud mining applications, enticing users to pay for various subscription services by displaying multiple ads. These 6 apps are mentioned below. If you have these apps on your phone, delete them immediately.
It is speculated that this could be a crypto cloud mining application.
Bitcoin Miner claims to be a cloud mining application.
Experts consider it a pool mining cloud wallet application.
This is a paid app. CryptoHolic is considered a bitcoin cloud mining application.
Daily Biton Rewards
Daily Bitcoin Rewards is thought to be a cloud-based mining system application.
This cryptocurrency app also persuades users to click on multiple ads, so it seems that users are in no way tempted to do so because they clicked themselves.
This app is supposed to be a crypto cloud mining and BTC minor.
This app is thought to be a pool mining cloud application.