Eight applications are removed by Google from the Play store as hackers were using these apps to trick users and steal the personal data from the user.
These 8 banned apps are related to cryptocurrency mining. Leading companies and financial institutions are using cryptocurrency and their use are rising along with the risk of theft. It has become one of the hottest topics in the global market and hackers are utilizing the apps by installing malicious programs in them without any knowledge and are attacking Android mobile.
The Security firm Trend Micro reported that these all 8 apps were tricking Android users into watching ads and paying for monthly subscription services of Rs 1,115. Among these apps two were paid ones which means users had to pay to install these applications on their Smartphone.
The names of the apps are BitFunds Crypto Cloud Mining, Bitcoin Miner Cloud Mining Bitcoin (BTC), Pool Mining Cloud Wallet, Crypto Holic Bitcoin Cloud Mining, Daily Bitcoin Rewards Cloud Based Mining System, Bitcoin 2021, MineBit Pro - Crypto Cloud Mining & btc miner, Ethereum (ETH) - Pool Mining Cloud.
There are more than 150 fake apps which have no capabilities to mine Bitcoin but deceive the user and researchers are keeping track and making reports to Google so that they can be removed from the play store.