The malicious wallet-draining app marked “the first time drainers exclusively targeted mobile users,” says Check Point Research.
IT security firm Check Point Research has uncovered a crypto wallet drainer that used “advanced evasion techniques” on the Google Play store to steal over $70,000 in five months.
The malicious app disguised itself as the WalletConnect protocol, a well-known app in the crypto space that can link a variety of crypto wallets to decentralized finance (DeFi) applications.
The company said in a Sept. 26 blog post that it marks “the first time drainers exclusively targeted mobile users.”