Tech giant Google has now removed as many as 8 malicious
apps from its Play Store that were actually portraying themselves as
cryptocurrency cloud mining applications. The names include BitFunds, Bitcoin
Miner, Bitcoin, Bitcoin (BTC) and more. Cryptocurrency
mining has been getting a lot of eyeballs these days and with increasing
interest, there are a lot of evil eyes also that come into the picture. This
means these hackers are using this increasing public interest in
cryptocurrencies to con innocent netizens and forcing them to install fake apps
on their smartphones containing dangerous malware and adware. The biggest advantage is that Google has now
identified these malicious apps and removed them from Play Store. These apps
masquerading as genuine apps were giving good returns on investments in
cloud-mining operations. According to security firm Trend Micro, it was found
that these malicious apps were tricking users to watch ads, pay for
subscription services that have an average monthly fee of $15 ( Rs 1,115
approx.), and pay for increased mining capabilities without getting anything in
return.
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