WalletConnect: Beware of Fake Apps Representing WalletConnect!
2024-09-30
Bittime - WalletConnect Foundation revealed a case of fake application fraud in the name of WalletConnect.
This fake app has been removed, however WalletConnect reminds users to always be careful when downloading applications that claim to be WalletConnect. Read this article to find out more!
WalletConnect Fake Apps
WalletConnect, a platform for connecting wallets and DApps, has become a target for cybercriminals. The perpetrator spread the fake WalletConnect application on the Google Play Store.
By creating an application that resembles WalletConnect, fraudsters try to trick users into downloading and using the app, potentially stealing users' digital assets.
Read Also: Losses Due to Crypto Fraud Increase 45%, Reach $5.6 Billion!
WalletConnect Doesn't Have an Official App
WalletConnect The Foundation also emphasized that there is no official application WalletConnect. WalletConnect is a protocol for connecting crypto wallets to DApp applications without the need for additional applications.
Protocol This is usually integrated directly into wallets such as MetaMask, Trust Wallet, and other wallets. Users can make transactions safely via DApp.
Therefore, users who need the service WalletConnect should use a wallet that supports this protocol, not a separate application.
WalletConnect: Be Careful When Downloading Apps!
WalletConnect The Foundation also reminds users to always be alert to all forms of fraud.
With the rise in cybercrime cases in the crypto world, it is very important for users to always follow the best security practices to protect digital assets.
One precaution that can be taken is to always check official sources before downloading applications or software. Don't easily believe applications advertised on third-party platforms without verification.
Read Also: WalletConnect Launches WCT Token on Optimism Mainnet
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