Crypto Drainer
Cryptocurrency wallet drainers stole $494 million in 2024
Scammers stole $494 million worth of cryptocurrency in wallet drainer attacks last year that targeted more than 300,000 wallet addresses. This marks a 67% increase over 2023 figures although the number of victims only rose by 3.7%, indicating that victims held more significant amounts on average. The data comes from web3 anti-scam platform ‘Scam Sniffer,’ […]
Fake WalletConnect app on Google Play steals Android users crypto
A crypto draining app mimicking the legitimate ‘WalletConnect’ project has been distributed over Google Play for five months getting more than 10,000 downloads. The malicious app used the name WallConnect and posed as a lightweight Web3 tool with various blockchain functionalities, offering to act as a proxy between cryptocurrency wallets and decentralized applications (dApps). The real […]