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Apple's App Store Hosted Fake App Posing as Curve Finance

Key Takeaways

  • A fake Curve Finance app had been identified on the Apple App Store, alerting the crypto community to potential scams.
  • The fake app was attributed to MK Technology Co. Ltd and deviated from typical DeFi services by offering puzzle games.
  • Curve Finance warned its users that it had not launched any official apps.
Apple's App Store Hosted Fake App Posing as Curve Finance

The crypto community was on high alert after discovering a fake Apple App Store application posing as the decentralized finance (DeFi) protocol Curve Finance. 

Curve Finance's developers have urgently informed users about this phoney app bearing the Curve logo and affirmed that the company had not launched any official DeFi apps.

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The app claimed to offer robust loan management tools and entertainment through puzzle games—a feature that strays significantly from the expected functionalities of a DeFi platform.

The fake app had nine reviews and boasted a high user rating of 4.6 stars out of 5. It was the only app attributed to MK Technology Co. Ltd, with its official page offering minimal information beyond a ProtonMail contact and the name "Curve Finance".

The app has now been removed from the App Store.

Yet, this revelation still brings to light the ongoing risks within the digital finance space and underscores the sophisticated tactics employed by scammers to deceive users.

It is not the first time that Curve Finance has been affected by bad actors. In 2023, the DeFi player experienced a hack that led to losing $62 million.

Aaron S., Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.



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