🎁 Airdrop Season 7 is LIVE - Answer Fun Questions to Earn $30K Prize Pool Rewards. JOIN NOW!
Airdrop Season 7
Crypto News Exploits
Apple's App Store Hosted Fake App Posing as Curve Finance

Apple's App Store Hosted Fake App Posing as Curve Finance

Aaron S. Editor-In-Chief
Written by Aaron S.,
Editor-In-Chief

✓ Fact Checked

Last Updated: February 15, 2024

✓ Fact Checked

Key Takeaways

  • A fake Curve Finance app had been identified on the Apple App Store, alerting the crypto community to potential scams.
  • The fake app was attributed to MK Technology Co. Ltd and deviated from typical DeFi services by offering puzzle games.
  • Curve Finance warned its users that it had not launched any official apps.

Free Airdrop Season 7 is LIVE! Answer fun questions or do simple tasks to earn rewards from the $30K BitDegree prize pool. Participate Now ! 🔥

Apple's App Store Hosted Fake App Posing as Curve Finance

The crypto community was on high alert after discovering a fake Apple App Store application posing as the decentralized finance (DeFi) protocol Curve Finance. 

Curve Finance's developers have urgently informed users about this phoney app bearing the Curve logo and affirmed that the company had not launched any official DeFi apps.

What is a Crypto Mining Pool? Is it Worth it? (Beginner-Friendly)

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe - We publish new crypto explainer videos every week!

What is a Crypto Mining Pool? Is it Worth it? (Beginner-Friendly)

What is a Crypto Mining Pool? Is it Worth it? (Beginner-Friendly) What is a Crypto Mining Pool? Is it Worth it? (Beginner-Friendly)

The app claimed to offer robust loan management tools and entertainment through puzzle games—a feature that strays significantly from the expected functionalities of a DeFi platform.

The fake app had nine reviews and boasted a high user rating of 4.6 stars out of 5. It was the only app attributed to MK Technology Co. Ltd, with its official page offering minimal information beyond a ProtonMail contact and the name "Curve Finance".

The app has now been removed from the App Store.

Yet, this revelation still brings to light the ongoing risks within the digital finance space and underscores the sophisticated tactics employed by scammers to deceive users.

It is not the first time that Curve Finance has been affected by bad actors. In 2023, the DeFi player experienced a hack that led to losing $62 million.

Aaron S. Editor-In-Chief
Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.
See Our Experts
Loading...

The Most Liked Crypto News Findings

Looking for more latest crypto news on related topic? We have gathered similar news articles for you to spare your time. Take a look!

Lightning Labs CTO: Security Scare Is User Error, Not a Software Flaw

Exploits

Lightning Labs CTO: Security Scare Is User Error, Not a Software Flaw
Microsoft Warns: XCSSET Malware Can Drain Crypto Wallets on Apple Devices

Exploits

Microsoft Warns: XCSSET Malware Can Drain Crypto Wallets on Apple Devices
$190 Million in Stolen Crypto Recovered—BitConnect Fraud Unraveled

Exploits

$190 Million in Stolen Crypto Recovered—BitConnect Fraud Unraveled

Latest Crypto News & Videos

Decentralization vs. Government Control: The Battle for Financial Freedom

Press Releases

Decentralization vs. Government Control: The Battle for Financial Freedom
Bitcoin’s Future: Is Quantum Computing a Growing Threat?

News

Bitcoin’s Future: Is Quantum Computing a Growing Threat?
Bybit Payroll Theft: Ho Kai Xin’s $5.7 Million Scheme Ends in 10-Year Sentence

Regulation

Bybit Payroll Theft: Ho Kai Xin’s $5.7 Million Scheme Ends in 10-Year Sentence
What Are Crypto Quests? EASIEST Ways to Earn Rewards Explained What Are Crypto Quests? EASIEST Ways to Earn Rewards Explained
VIDEO
What Are Crypto Quests? EASIEST Ways to Earn Rewards Explained
What Is Chia? | Crypto Finally Explained What Is Chia? | Crypto Finally Explained
VIDEO
What Is Chia? | Crypto Finally Explained
Sidechains in Crypto Explained EASILY (Animated) Sidechains in Crypto Explained EASILY (Animated)
VIDEO
Sidechains in Crypto Explained EASILY (Animated)

Trending Crypto News

FTX's Sam "SBF" Bankman-Fried Ditches Democrats, Seeks Help from President Trump

FTX's Sam "SBF" Bankman-Fried Ditches Democrats, Seeks Help from Presi...

Digital Euro in Sight? ECB Launches Blockchain Payment Plan

Digital Euro in Sight? ECB Launches Blockchain Payment Plan

The US Must Own 20% of Bitcoin or Risk Losing Out, Michael Saylor Says

The US Must Own 20% of Bitcoin or Risk Losing Out, Michael Saylor Says

Free "Bitcoin Jesus": Silk Road Creator Ross Ulbricht Fights to Save Roger Ver

Free "Bitcoin Jesus": Silk Road Creator Ross Ulbricht Fights to Save R...

Airdrop Season 7
Binance
KuCoin
Airdrop Season 7
binance
×
Verified

$600 WELCOME BONUS

Earn Huge Exclusive Binance Learners Rewards
5.0 Rating
Get deal
See all Provider Coupons
×
BitDegree.org

BitDegree.org

Fact-checking Standards

To ensure the highest level of accuracy & most up-to-date information, BitDegree.org is regularly audited & fact-checked by following strict editorial guidelines & review methodology.
Carefully selected industry experts contribute their real-life experience & expertise to BitDegree's content. Our extensive Web3 Expert Network is compiled of professionals from leading companies, research organizations and academia.

All the content on BitDegree.org meets these criteria:

  • Only authoritative sources like academic associations or journals are used for research references while creating the content.
  • The real context behind every covered topic must always be revealed to the reader.
  • If there's a disagreement of interest behind a referenced study, the reader must always be informed.
Feel free to contact us if you believe that content is outdated, incomplete, or questionable.
×
Subscribe

Subscribe

On Youtube

Understand crypto with ease

New explainer videos every week!