These 170+ Android cryptocurrency mining apps are just scams

A security firm founds over 170 different Android-based cloud mining apps are scamming people worldwide, don't be surprised.

53 seconds read time

There are over 170 apps available on Android that are crypto mining scams, with 26 of the cloud mining apps available publicly on the Google Play Store.

These 170+ Android cryptocurrency mining apps are just scams 03

Security firm Lookout found the apps, saying that they "advertise themselves as providing cloud cryptocurrency mining services for a fee". The team did a detailed analysis of the apps and found that there was in fact no cloud crypto mining going on -- shock, horror -- no, really.

Google has since removed the 26 apps that weren't actrually cloud crypto mining from the Play Store, with over 86,000 people scammed by the crypto mining apps. At least $350,000+ was lost, either through the purchase of the app itself, or through fake upgrades and other services in-app.

Some of the apps cost $10.99 while they tapped out at up to $20.99 while other crypto mining apps are available on third-party stores.

Lookout explained: "Based on our analysis, they scammed more than 93,000 people and stole at least $350,000 between users paying for apps and buying additional fake upgrades and services".

The company added: "The value displayed is simply a counter slowly incremented in the app. In some of the apps analyzed, we observed this happening only while the app is running in the foreground and is often reset to zero when the mobile device is rebooted or the app restarted".

Buy at Amazon

The Basics of Bitcoins and Blockchains

TodayYesterday7 days ago30 days ago
* Prices last scanned on 7/17/2024 at 10:00 pm CDT - prices may not be accurate, click links above for the latest price. We may earn an affiliate commission.

Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering and has recently taken a keen interest in artificial intelligence (AI) hardware.

Newsletter Subscription

Related Tags