Google Play Store scam app managed to drain crypto from users before being removed

A scam app on the Google Play Store has been found to target web3 users by mimicking a legitimate blockchain protocol. Security researchers from Check Point Research (CPR) identified the scam, which involved an app named “WalletConnect” — deliberately designed to confuse users with the real, open-source WalletConnect protocol used for connecting decentralized apps and wallets.

The app used the genuine WalletConnect logo to further deceive users, positioning itself as a solution to issues with the real protocol...