Decentralized app MetaMask is facing fresh problems from cryptocurrency scammers after malware impersonating the tool appeared on Google Play, cybersecurity company Eset reported Feb. 8.
The malware, which replaces computer clipboard information in an attempt to steal cryptocurrency, was removed by Google at the beginning of the month after a tip-off from Eset researchers.
Known as a 'Clipper,' the malware replaces copied cryptocurrency wallet addresses with an address belonging to an attacker in the hope funds will be sent elsewhere without the user noticing.
The discovery marked the first time such malware had made it past Google's vetting procedures, the security firm notes.
"The malware's primary purpose is to steal the victim's credentials and private keys to gain control over the victim's Ethereum funds. However, it can also replace a Bitcoin or Ethereum wallet address copied to the clipboard with one belonging to the attacker."
MetaMask, which is one of the oldest Ethereum-basd DApps, has fallen victim to malicious schemes before.
In July last year, Google developers pulled the app from Google Play altogether, leaving only fake impersonations.
A subsequent report from MetaMask revealed the action had occurred by mistake.
In November, MetaMask confirmed its plans to launch a mobile app, which ended up being the target of the latest malware issue.
Fake MetaMask Crypto Malware Pulled From Google Play After Tip-Off
Published on Feb 11, 2019
by Cointele | Published on Coinage
Low-quality crypto exchanges account for 64% of trading volume
CryptoCompare's latest report found that low-quality exchanges dominate the crypto market in terms of volume.
'Power to the People': Privacy Was the Rallying Cry of Berlin's Web3 Summit
It may seem trivial in some cases, but digital anonymity is no joking matter to American whistleblower and privacy advocate Edward Snowden.
Cryptocurrencies Used to Buy Illicit Drugs, Says White House
On Aug. 21, the White House issued two advisories regarding illicit drug purchases in the United States that contain references to the specific cryptocurrencies allegedly used as a part of this process.
Bitcoin Price Struggling at $10K as Analysts Warn of 2018-Style Dump
Bitcoin price was testing support at $10,000 Aug. 22 as the largest cryptocurrency fluctuated between four and five figures.