Google has banned 25 more Android apps! You must delete them IMMEDIATELY or face severe consequences.
ANDROID users are being cautioned once again about a slew of dangerous apps that have been banned by Google, and this latest batch could cost those who downloaded them a lot of money.
Following the recent removal of nine harmful apps that attempted to steal Facebook credentials, Google has now removed yet another set of popular Android apps from the Play Store, this time targeting individuals attempting to profit from the latest crypto-mining frenzy. This new sort of online currency has exploded in popularity in recent years, with a large number of people hoping to cash in on the trend and make a quick buck. Cryptocurrency mining (also known as crypto mining) is a method of verifying cryptocurrency transactions by using the processing power of computers to solve complex mathematical problems. Miners are then rewarded with a tiny amount of cryptocurrency.
Google has restricted apps that purported to offer these money-making mining services in exchange for a monthly charge.
After logging in, the user was given access to an activity dashboard that showed how well the app was functioning and how much money it was making.
However, it was all part of a larger fraud, as the security team at Lookout Threat Lab discovered that no actual cloud crypto mining took place after consumers paid the membership.
Lookout warns that more than 100 apps are still available via third-party shops that allow programs to be side-loaded onto devices, despite the removal of 25 apps from Google’s official online marketplace.
According to Lookout’s investigation, the perpetrators are suspected of defrauding more than 93,000 people and stealing at least $350,000.
Users pay for apps and then purchase extra phony upgrades and services with that money. These programs have now been divided into two independent families, BitScam and CloudScam, according to Lookout.
Google quickly removed these apps from Google Play after being informed of the problem.
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Brinkwire Summary News: “These apps.”