Over the past few weeks, the prices of multiple cryptocurrencies, including Bitcoin, have been quite low. Many people want to walk on the road of new investment due to falling market prices. I want proper advice for proper investment. And with that opportunity, some fake cryptocurrency applications have suddenly appeared in the market. There have been allegations that these cryptocurrency applications have cheated investors financially with false advice.


According to security experts, there are currently a total of 170 Cryptocurrency applications in the Google Play Store. These applications provide advice on cryptocurrency transactions, financial agreements, pricing, and which cryptocurrencies you can invest in. But at least 25 of the 170 applications are fake. It is learned that Google is also taking action after receiving complaints about these applications from various quarters. There have also been reports that these applications may be banned.


But the most worrying thing is the popularity of these applications! Pseudo several of these apps are trending on Twitter. Many people who are well versed in Crypto related financial transactions have a tendency to choose specific applications in terms of popularity through Twitter or various social media. These are just some of the goal-setting shareware that you can use. Leading security firm Lookout Threat Lab says it has created with at least 93,000 people around the world. Earned লাখ 3.5 million through fraud.


But how do these applications work? According to Lookout Threat Lab, most applications identify themselves as Crypto Mining Applications. Bitcoin and Ethereum are the two main cryptocurrency transactions. Charges range from .5 12.59 to 25 259.99. Payment is basically an option of payment through Google Pay's Saved Payment Mechanism or directly through the cryptocurrency in the application developer's crypto-wallet. This financial transaction is the root of the problem. Lookout Threat Lab has found many fake financial transactions. In that transaction, people who are actually buying Crypto are cheated.


Note that there are currently two trending hashtags #BuyTheDip and #HODL on Twitter. If you think you can get advice from these two Twitter trends, it is better not to follow that path.