Executive Summary Check Point Research uncovered a new malicious crypto drainer app on Google Play designed to steal cryptocurrency. The first time a drainer has targeted mobile device users exclusively, this app used modern evasion techniques to avoid detection and remained available for nearly five months before being removed. Using advanced social engineering by posting as a legitimate tool for Web3 apps, the attackers exploited the trusted name of the WalletConnect protocol, which connects crypto wallets to decentralized apps which led to theft of around $70,000 in cryptocurrency from victims. Fake positive reviews and using the most modern crypto drainer […]
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