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Apple Removes Fake MyEtherWallet Which Hit No. 3 on App Store

A rogue incarnation of well-liked altcoin pockets Myetherwallet has lastly disappeared from Apple’s App Store after gaining vital recognition.

Having risen to amount three throughout the market’s finance app class, Apple moderators lastly eradicated the spurious MEW from sight.

Despite MEW itself not having an app and its desktop implementation being free to utilize, the faux charged $4.99 to acquire.

Developers sounded the alarm on social media Dec. 10, nonetheless it was not until better than a day later that Apple responded.

Prior to its eradicating, TechCrunch notes, spherical 3000 of us had paid and downloaded the app, netting alleged creator Nam Le spherical $15,000 in revenue.

The episode marks a further working instance of how troublesome it is to protect entry-level clients from threats frequent throughout the cryptocurrency space.

The huge influx of novice Bitcoin and altcoin merchants affords numerous options to additional expert hackers making an attempt to defraud them of their newly-acquired money and even the fiat used to pay for them.


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The post Apple Removes Fake Myetherwallet Which Hit No. 3 on App Store appeared first on News Doses.



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