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Bitcoin Wallet Blockchain

latest release: 2.3.0 last analysed  26th July 2021 Fake  
4.3 ★★★★★
4631 ratings
100thousand
1st May 2019

Jump to verdict 

Older reviews (show 0 of 2 reproducible)

Do your own research!

Try out searching for "lost bitcoins", "stole my money" or "scammers" together with the wallet's name, even if you think the wallet is generally trustworthy. For all the bigger wallets you will find accusations. Make sure you understand why they were made and if you are comfortable with the provider's reaction.

If you find something we should include, you can create an issue or edit this analysis yourself and create a merge request for your changes.

The Analysis 

Update 2021-07-26: The provider features several apps that either through their logo or the name try to resemble trusted wallets like Bitcoin Wallet (Schildbach) or Blockchain.com Wallet - Buy Bitcoin, ETH, & Crypto . Given other issues with the products, we assume they are fakes.

Update 2021-06-04: The provider promised to “check soon” back in 2019 but several later attempts to get an update failed.

We list the following apps of this provider:

Something shady is going on here. This wallet looked like a wallet when we tried to reproduce it from the provided source in 2019 and we failed to do that. Check “Older reviews” above for details. Now (ok, a while ago: 2020-09-16), user “alex Kijvanit” commented on the wallet:

What a crazy app! I install then open the app. First thing came up was “we no longer support this app. Please backup”. What the hell!!

We tried to start the app as it is installed on our device (after all it might contain funds) and do not even get this message. Just an instant close or crash.

Other users report the same.

After deleting the app’s data (or re-installing it), the app starts without any such symptoms but for example the backup appears to not get written to the sdcard.

Upon further investigation of their app, we find it is obfuscated. This is a big red flag for a wallet that claims to be open source. We put those wallets in their own category as they clearly are worse than closed source. Do not trust this wallet!

(lw)

Verdict Explained

The app mimics a popular competitor!

As part of our Methodology, we ask:

Is this app the original? If not, we tag it Fake!  

The bigger wallets often get imitated by scammers that abuse the reputation of the product by immitating its name, logo or both.

Immitating a competitor is a huge red flag and we urge you to not put any money into this product!

The app cannot be independently verified. If the provider puts your funds at risk on purpose or by accident, you will probably not know about the issue before people start losing money. If the provider is more criminally inclined he might have collected all the backups of all the wallets, ready to be emptied at the press of a button. The app might have a formidable track record but out of distress or change in management turns out to be evil from some point on, with nobody outside ever knowing before it is too late.