HyperPay: Crypto & BTC Walletlatest release: 4.0.25 last analysed 25th May 2021
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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.
The Analysis ¶
Update 2021-05-25: This app is not available on Google Play anymore. As our last analysis below shows, the app was shady. On Facebook you can still find some scam allegations.
Is HyperPay Wallet Safe?
Yes, of course. HyperPay wallet supports both on-chain & off-chain and both are absolutely safe.
Our security system for off-chain wallet is robust with 24/7 abnormal data monitoring, orchestrated code quality and vulnerability scanning in CI/CD cycle system. Our security team is safeguarding your assets 24/7.
That sounds like a custodial offering if a security team is safeguarding your assets.
Our on-chain wallet is protected by routine coding check and vetting. You control your own Mnemonic and private key. We provide you with the safest infrastructure, you shoulld take care of your own Mnemonic and private key.
Attention: you will lose your wallet assets and never find them back if you forget your mnemonic words. Be sure to write them on the paper and keep in a safe place.
This is a rather explicit claim of being non-custodial.
We find no way to verify the claims made and moreover notice in their Audit report these items:
Open-source intelligence collection -> Collection of personnel and organization structure -> Passed
We read this as the team not being on public record which also means that should they disappear, you won’t know who did it. They have a team page though. It’s Jacob, Gary, Sebastian and Nick. No last names.
Open-source intelligence collection -> GitHub source code leakage detection -> Passed
We read this as this wallet absolutely not being open source. Public audits are not welcome here.
Mobile App audit -> Disable code decompilation -> Passed
We take this as a confirmation that the app is obfuscated and thus file it as not verifiable.
This app went out of business ... or so. Read the analysis for details.
This app is no more. The provider removed it from the platform and/or stopped supporting it.
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