Confiant, a company dedicated to examining the quality of ads and the security threats these might pose, warned about a new kind of attack affecting users of popular Web3 wallets like Metamask.
The cluster, that was identified as “Seaflower,” was qualified by Confiant as one of the most sophisticated attacks of its kind. The report states that common users cannot detect these apps, as they are virtually identical to the original apps, but have a different codebase that allows hackers to steal the seed phrases of the wallets, giving them access to the funds.
The links of these apps reach popular places in search sites due to the intelligent handling of SEO optimizations, allowing them to rank high and fooling users into believing they are accessing the real site. The sophistication in these apps comes down to the way in which the code is hidden, obfuscating much of how this system works.