Beware! Your cryptocurrency wallet is being targeted by hackers
As Bitcoin breaks through $70,000 and the meme coin frenzy sweeps social media, a war without gunpowder is quietly unfolding behind the screens of cryptocurrency users. On June 4th, the Slow Fog Security Team issued a red alert: an Android banking Trojan named 'Crocodilus' has completed a lethal upgrade, directing its attack towards global cryptocurrency users.
In the Web3 era of 'mobile is wallet', over 60% of global cryptocurrency transactions are completed via mobile devices. The evolution of 'Crocodilus' resembles a chronicle of cryptocurrency crime: from initially stealing bank credentials to precisely targeting cryptocurrency wallets, attackers are iterating their tactics at an astonishing speed.
By masquerading as a browser update through Facebook ads, exploiting users' natural trust in system prompts to achieve initial infection via visual deception; using overlay attack techniques to pop up counterfeit interfaces when users input mnemonic phrases, realizing an ecological infiltration of 'what you see is not what you get' credential theft; embedding fake customer service numbers into contacts, constructing a perfect scam under the guise of 'official support'; and renting out advanced attack techniques in a 'service-oriented' model for $100-300 per attack, the sophistication of these methods has been democratized.
This triple threat of 'phishing + Trojan + social engineering' can ensnare even seasoned players. Data shows that this Trojan has caused losses of tens of thousands of cryptocurrency assets globally, with the highest single attack stealing Bitcoin worth up to $4.7 million.
A more dangerous trend exposed by 'Crocodilus' is the rise of Malware as a Service (MaaS). Hackers are breaking down attack techniques into customizable modular products: leasing models reduce the technical threshold from 'hacker elite' to 'script kiddies', and regular update mechanisms ensure that attack codes always stay ahead of defense systems, supported by dark web systems providing 24/7 technical services.
Innovation without security guarantees is merely a castle in the air. In this endless game of offense and defense, every user is a guardian — every cautious click you make reinforces the walls of the entire cryptocurrency ecosystem. After all, in the world of blockchain, lost private keys will never reappear in the 'recently deleted' folder.
As the market surges and swells, one can feel lonely, so keep pace with the giants, daily spot potential layouts, and bull market strategy setups.
