After a researcher made the app’s existence known, Apple recently banned a phony and harmful Trezor crypto wallet software from the App Store. Such a program was specifically made to steal users’ cryptocurrency.
As expected, Apple’s program Store has deleted a purportedly malicious program that was passing itself off as a Trezor crypto hardware wallet. However, a short search turned many more copies of the original software.
Rafael Yakobi, managing partner of Crypto Lawyers, published a security warning about Apple’s App Store earlier in the day on Wednesday. In particular, Yakobi said that a search on “Trezor” turned up a malicious app intended to steal cryptocurrency as the top result.
As a result, it tweeted the following warning to Apple users about the danger posed by the phony “Trezor Wallet Suite” app:
“The first search result for “Trezor” in the Apple App Store is a rogue app whose operators can take all of your cryptocurrency by asking for your seed phrase.
The malicious program is called “Trezor Wallet Suite.” You can investigate it on your own.
Although the overall number of victims is unknown, given how long this software has been in use, it is likely to be in the hundreds or thousands. Extreme care must be taken to use bitcoins in a safe and appropriate manner. Inform anybody you know who is using a Trezor.
According to the testimony, it appears that the program is no longer available in Apple’s program Store, which once again proves Apple’s willingness to take down potential dangers to safeguard consumers.
Are there any other dangers to Trezor wallets in the App Store?
Despite Apple fixing the issue almost immediately, some users’ searches for “Trezor Wallet Suite” resulted up “MyTREZR Suite: One Edition,” another potentially harmful program.
Only two evaluations were available for this application, and both of them cautioned users that it was a scam designed to steal cryptocurrency. This shows that Apple has not yet finished the cleanup.
Apple, on the other hand, maintains that the apps available in its official App Store have been examined and approved to assure security. As a reminder, downloading mobile apps for crypto wallets from the manufacturer’s official website is the safest option.
It’s vital to remember that even while an iOS app is available for Trezor users, it only has a few features and is only regarded as a supplemental tool.
In any event, it appears that the world’s largest tech business is not very supportive of cryptography apps, which are only permitted under severe conditions, according to the report published on Apple’s 9to5mac.com.
Actually, the following is what the article says:
While Apple claims the App Store is a trusted place to fight against sideloading, in reality, not even Apple can keep the App Store scam-free.
Damus receives criticism from Apple for various Bitcoin-related actions
Apple threatened to remove the Damus app from its App Store last week after discovering what appeared to be a feature that allowed users to tip each other in Bitcoin.
As we can see, Nostr has some distinctive characteristics but functions similarly to other social networks like Mastodon and Bluesky (all of which were somewhat influenced by Twitter).
Users can access Nostr using the Apple software Damus, which also offers a function called “Zaps” that enables Bitcoin-based microtransactions.
Accordingly, users can “zap” one another to show support for content producers. Both user profiles and individual postings can use this functionality.
However, changes have lately occurred as a result of a choice taken by Apple. In reality, Apple informed Damus creators on Tuesday that the program would be taken down from the program Store because it had broken the terms of service.
Apple reaffirmed specifically that enabling users to donate money in response to information uploaded on the social network constituted “selling digital content.”
Apple has voiced concern over the “Zaps” feature’s lack of reliance on in-app purchases.
Nevertheless, in response to the unfavorable feedback, Apple got in touch with the Damus creators once more to try and come up with a means to keep the game available in the game Store.
As a result, the two sides came to a compromise that permits Damus to keep using Zaps transactions, but only for user profiles. Since Apple continues to view it as a sale of digital property, the ability to send Zaps to specific postings is no longer an option.