You probably have a lot of apps on your phone—maybe even over 100. With millions of options on the Apple App Store and Google Play Store, finding safe apps can be tricky. Even official stores aren’t foolproof. Recently, some apps posing as legitimate digital wallets have surfaced, and it’s vital to be aware of them.
According to research from Cyble, over 20 apps that mimic names and icons of popular crypto wallets have tricked users into installing them. Once these apps are opened, they direct users to phishing sites where they may unknowingly give away sensitive information, like mnemonic phrases for cryptocurrency wallets.
These fake apps target known wallets such as PancakeSwap, SushiSwap, and others. They exploit developer accounts that were once safe but have since been compromised. Cyble notes that multiple apps often come under the same wallet name, but they look different and are linked to various developers.
Here are some names to watch out for:
- Pancake Swap
- Suiet Wallet
- Hyperliquid
- Raydium
- BullX Crypto
- OpenOcean Exchange
- Meteora Exchange
- SushiSwap
- Harvest Finance Blog
These apps use advanced phishing techniques to steal valuable information and access real wallets, putting users’ funds at serious risk. This is not just a one-time issue; Cyble has been discovering these apps over the last few weeks as part of a continuous threat.
The scope of this problem is alarming. Cyble’s researchers noted that it’s easy for these apps to blend in because they look legitimate. They use over 50 malicious domains, making detection difficult for traditional security measures.
So, if you find any of these apps on your phone, it’s best to delete them. Always ensure that Google’s Play Protect feature is enabled to add an extra layer of security.
Digital wallets come with risk. Once the funds are lost, they can’t be recovered. Always install apps directly from the official site of the wallet provider. If you’re unsure about an app, don’t download it. Stay safe out there!
For further reading on mobile threats, check out the 2025 Global Mobile Threat Report for more insights.
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