ETHERLive
ETHERLive delivers real-time price and volume data across 16+ exchanges to users in a clear and easy-to-understand package. Users can get up-to-the-second updates for each exchange/currency pair, as well as aggregated market averages for each exchange, currency, and the market as a whole. It also provides a global converted average of all the currency pairs monitored by ETHNews, converted to USD.

---

24hr ---
--%
Monday Jun 25th 2018
RESOURCES

The Basics

Learn the basics of Ethereum and various cryptocurrency technologies

Learn More

What is Ethereum?

Understand the underlying principles of the Ethereum Platform

Learn More

The Blockchain

Discover the revolutionizing technology known as the blockchain

Learn More
SUBMIT

Press Release

Submit a press release for consideration on ETHNews

Submit Press

Story / Dapp

Submit a story or DAPP to be considered for publication on ETHNews.

Submit Story

Explanation

Submit "Ethereum Explainer" content for consideration to be featured on ETHNews

Submit Topic
ETHNews Logo
---
--%
Home
News
Etherlive
Ether Price Analysis
Resources
Contact Us

A Worm In The Apple: Fake MyEtherWallet In Apple's App Store

By

Jeremy

Nation

WriterETHNews.com

Affectionately called MEW by many, the ubiquitous Ether wallet has been paid the sincerest form of flattery: imitation, yet again.

On December 11, 2017, it became apparent that users may have been unwittingly subjected to scammers after a fake MyEtherWallet (MEW) application from developer "Nam Le" appeared in the Apple App Store.

As of this morning, the fake MEW app has been removed from the store; but it was reported that over the weekend it rose to the third rank in Apple's Finance App section. One tracking service estimated that the fake MEW app had received as many as 3,000 downloads.

On December 9, 2017 the social media team at MEW tweeted about the scam in an effort to warn users:

Despite the attempts of the MEW team to get it removed, the fake app persisted in the app store until it was taken down this morning.

MyEtherWallet CMO Jordan Spence told ETHNews:

"We'd like to think that the community played an integral part in getting this false app removed from the iOS store. The app was quickly removed after an outpouring of signal boosting from our followers, friends, and various outlets; the app was allowed to stay up for way too long before then. We'd specifically like to give a huge thanks to people working on anti-phishing with us every day, specifically Charlotte [Franklin], Harry [Denley] from EtherAddressLookup, and Dave [Appleton] from HelloGold. Having people like these three on our side gives us a lot of hope for mitigating these attacks moving forward."

The fraudulent application cost users $4.99. It should be noted that the only current official incarnation of MEW is a browser application which costs nothing to use, and MEW developers have committed to keeping the wallet service free and accessible using open-source software (FOSS).

MEW has often been the target of malicious actors attempting to phish private keys out of users. Members of the community who use MEW should stay aware; this latest mistake by a major corporation is a reminder that it takes constant vigilance to stay ahead of scammers.

Jeremy Nation

Jeremy Nation is a writer living in Los Angeles with interests in technology, human rights, and cuisine.

ETHNews is committed to its Editorial Policy

Like what you read? Follow us on Twitter @ETHNews_ to receive the latest My Ether Wallet, MEW or other Ethereum wallets and exchanges news.