If you also use Android smartphone, then be alert. A recent report has revealed that there are many such apps on the Google Play Store which can pose a threat to both your money and personal data. According to the report of Cyber Security firm Cyble Research and Intelligence Labs (CRIL), more than 20 apps are available on Google Play Store which are targeting users through fake crypto wallets.
These dangerous apps include fake apps like Pancakeswap, Sushiswap, Raydium and Hyperlique, which are especially targeting the defi wallet users. As soon as the user installs these apps, it asks to record a recovery of 12 words. This sentence is actually the master of any crypto wallet. As soon as the user records it, his wallet goes completely under the control of hackers.
The report states that these fake apps are copied exactly the real apps and have been uploaded with developer accounts to gaming and video editing tools. In the privacy policy, the fishing link is hidden and the app is designed in such a way that the user is confident that the app is real.
If any of the apps below is present in your phone, then immediately delete them. These apps can not only steal your money but can also danger your sensitive private data: