2024

United

Apple

<ul class="wp-block-list">
 <li><strong>Curve Finance is not new to scams, with previous fake apps targeting its user base.</strong></li>
 <li><strong>Users are urged to verify app sources to safeguard their cryptocurrency assets.</strong></li>
</ul>
<p>Curve Finance is a well-known decentralized exchange (DEX) for stablecoins, earning significant trust within the crypto community. A deceptive app <a href="https://x.com/CurveFinance/status/1850142247972393310" rel="noopener noreferrer nofollow">mimicking</a> Curve Finance has made its way onto the Apple App Store, quickly climbing into the top 100 finance apps.&nbsp;</p>
<p>Despite clear user warnings, this imitation app, “Curve defi v3,” is gaining traction. It is posing risks to unsuspecting users in <a href="https://thenewscrypto.com/21shares-expands-european-offering-with-future-of-crypto-etp/" rel="noopener noreferrer nofollow">Europe</a>, Latin America, New Zealand, the United States, and Southeast Asia. In response, community members have raised alarms on social media. They urge users to report and avoid downloading the app.&nbsp;</p>
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 <blockquote class="twitter-tweet">
  <p lang="en" dir="ltr">Shame on Apple!<br><br>This fake app is still up, Apple still did not take it down (takedown was requested immediately as the app appeared). We never had an official app there. <a href="https://t.co/fTFZcnMbtl" rel="noopener noreferrer nofollow">https://t.co/fTFZcnMbtl</a></p>— Curve Finance (@CurveFinance) <a href="https://twitter.com/CurveFinance/status/1850142247972393310?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">October 26, 2024</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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<h3 class="wp-block-heading" id="h-ongoing-scams-targeting-curve-finance">Ongoing Scams Targeting Curve Finance&nbsp;</h3>
<p>The official Curve Finance team has echoed these warnings, advising users to access the platform only through verified sources. However, user reviews reveal a stark reality, with the app predominantly receiving one-star ratings. Many users have reported it as a scam, raising alarm over data security breaches and potential theft of funds.</p>
<p>Moreover, the app’s description misleads users by stating they can “arrange blocks to make a perfect row,” creating a false impression of gameplay instead of <a href="https://thenewscrypto.com/chainlink-rolls-out-private-blockchain-transactions-for-financial-institutions/" rel="noopener noreferrer nofollow">financial</a> utility. This misleading information makes it challenging for casual users to differentiate between real and fake applications. The app also boasts about having “over 30 million global users,” a tactic aimed at building a facade of credibility.<br><br>Unfortunately, this is not an isolated incident. Earlier in the year, another fake app attempted to impersonate Curve Finance, demonstrating a troubling pattern of scams targeting its user base. As the decentralized finance <a href="https://x.com/DefiLlama" rel="noopener noreferrer nofollow">(DeFi</a>) sector expands, users must remain vigilant and educated about potential threats to protect their assets and trust in the crypto ecosystem.<br><br><strong>Highlighted Crypto News Today</strong><strong><br></strong><a href="https://thenewscrypto.com/vitalik-buterin-maps-ethereums-next-phase-with-the-purge/" rel="noopener noreferrer nofollow">Vitalik Buterin Maps Ethereum’s Next Phase with The Purge</a></p>

Fake Curve Finance App Threatens Users on Apple Store

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