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66 Percent of Popular Android Cryptocurrency Apps Don't Use Encryption (vice.com)
An anonymous reader shares a report: High-Tech Bridge used its free mobile app analysis software, called Mobile X-Ray, to peek under the hood of the top 30 cryptocurrency apps in the Google Play store at three different popularity levels: apps with up to 100,000 downloads, up to 500,000 downloads, and apps with more than 500,000 downloads. So, a total of 90 apps altogether. Of the most popular apps, 94 percent used outdated encryption, 66 percent didn't use HTTPS to encrypt user information in transit, 44 percent used hard-coded default passwords (stored in plain text in the code), and overall 94 percent of the most popular apps were found to have "at least three medium-risk vulnerabilities."
Welcome to another episode of Mutual Of Bromaha's Mild Kingdom! Today, we will be following another set of dumb easily hoodwinked techbro's as they continue their headlong march into losing their life savings via the cryptocurrency fad. Wait what's that? Oh we are in for a treat today! Observe how some hilariously dumb "power users" have installed some laughably insecure software to their laughably insecure cell phones to manage their accounts. See how they ignorantly touch and swipe no doubt imagining in their tiny minds how many awesome loot crates they will be able to buy. Oh how delicious it is to watch these total fucking imbeciles all talk each other into believing this generation's penny stocks will set them up for life.