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Samsung Pay continues building out its wallet

“For its part, Samsung Pay has been one of the most innovative mobile wallet companies in the world, adding a number of features, including an integrated rewards system and coupons” writes Ayoub Aouad for businessinsider.com. The mobile wallet industry is becoming increasingly competitive, with players introducing new products and services to capture a share of the market. Source: businessinsider.com Share This:

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Apple Lists Scam Ethereum Wallet in its App Store

“When it comes to the vetting of apps, the Apple App Store is famous for its rigorous process” reports financemagnates.com. A fake MyEtherWallet app has made it to the App Store, and this weekend Apple ranked it as the third most popular app in its category.It also assured the public that it had contacted Apple and was investigating how the fake app made it into the App Store.This developer, listed as Nam Le, has three other apps in the App Store – the other two are panda fighting games.MyEtherWallet.com is one…

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Crypto News 

Apple Lets Fake Ethereum Wallet Sneak into App Store, Climbs to #3 During Weekend Bitcoin Frenzy

“Apple let a fake Ethereum wallet sneak into the App Store” writes Bryan Chaffin for macobserver.com. Cryptocurrencies are stored in wallets, and there are many legitimate cryptocurrency wallets on the App Store.The app was technically a wrapper for MyEtherWallet.com, a popular and legitimate Ethereum wallet.The app could have been designed to steel credentials or just outright steal Ethereum right out of the wallet.The good news is that the app has been pulled since TechCrunch broke the story early Monday morning. Source: macobserver.com Share This:

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An unofficial version of the MyEtherWallet app is #3 on Apple’s App Store

“Coinbase, an app that lets users buy cryptocurrency, became the number one downloaded app on the App Store last week” writes Dec Est for theverge.com. An unofficial app for the popular MyEtherWallet.com service is being sold for $4.99 in Apple’s iOS App Store, as spotted by TechCrunch.MyEtherWallet.com is one of the most popular services for storing cryptocurrencies, but it doesn’t have an official app in Apple’s App Store.Le’s app claims to store keys encrypted locally on your device, but turning over your bitcoin to an unknown wallet developer with a…

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Crypto News 

Beware: There’s a fake Ethereum wallet app in Apple’s App Store

“A fake version of popular wallet for cryptocurrency Ethereum, MyEtherWallet, is currently being sold in Apple’s App Store” writes Stan Schroeder for mashable.com. A fake MEW wallet on Apple’s App Store is a big deal.It’s unclear whether the fake MEW app is an actual Ethereum wallet that’s trying to bring in some traffic from the MEW name, or something far more nefarious. Source: mashable.com Share This:

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Crypto News 

An unofficial, knockoff version of the MyEtherWallet digital wallet app became the third most popular in the paid finance category in the iOS App Store

“The iOS app costs $4.99 and it first landed on the App Store just over a week ago” writes Jon Russell for techcrunch.com. An app masquerading as MyEtherWallet.com, one of the internet’s most popular services for storing ETH and other crypto coins, has made its way to the top of the iOS App Store charts.The irony of Apple allowing a crypto knockoff app into the App Store won’t be lost on regular watchers who will recall that the U.S. firm has removed all VPN apps from China this year at the behest…

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Crypto News 

A Cryptocurrency Wallet in Apple’s App Store Is Raising Security Concerns Amid Bitcoin’s Frenzy

“The iOS app, which was first uploaded a week ago, does not have the same logo as the online service” reports fortune.com. Beard: Icehole Fishermans.” Fortune has asked Apple what it is doing about the MyEtherWallet app, and will update this story as and if an explanation arrives.However, the original MyEtherWallet has nothing to do with the iOS app, as it warned users in a Sunday tweet.The developer of the app, listed as Nam Le, doesn’t seem to have any other finance apps out there.The tweet also noted that the…

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Crypto News 

Download this: Bitcoin apps are riding high as its price skyrockets

“Sensor Tower compared the rise of the top ten Bitcoin wallet apps with the average price of Bitcoin and found that the two track nearly identically since the start of the year” writes Karissa Bell for mashable.com. Coinbase, a popular Bitcoin wallet app, is now at the top of Apple’s App Store, unseating Snapchat, Instagram, and YouTube as the most in-demand software.Other Bitcoin-related apps, like those that track the price of Bitcoin and other cryptocurrencies, have also trended in the App Store for days.The firm estimates that the most popular…

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Crypto News 

Bitcoin exchange NiceHash robbed of $64 million from its wallet

“As the value of Bitcoin soars, it also turns holders of large volumes of the currency into prime targets for thieves” writes Abhimanyu Ghoshal for thenextweb.com. That’s what appears to have done in NiceHash, a Slovenia-based Bitcoin exchange that claims its cryptocurrency wallet has been cleared out of $64 million worth of BTC. For those keeping score, that’s about 4,700 BTC, each worth about $13,617 at the time of the breach.This marks the second major cryptocurrency theft in recent times: last month, crypto startup Tether claimed it was robbed of…

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