Friend.tech adds new security upgrade in wake of SIM-swap attacks

Related: Friend. tech copycat Stars Arena spots exploit after some funds drained The total worth locked on Friend.tech presently sits at $43.9 million, down 15.5% from its all-time high of $52 million on Oct. 2, according to DefiLlama.Change in total worth locked on Friend.tech because Aug. 10. Source: DefiLlama.Cointelegraph connected to Friend.tech for remark but did not get an immediate response.Magazine: Blockchain detectives– Mt. Gox collapse saw birth of Chainalysis

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The procedure involves a text message that asks the user for a number change demand, where users can reply with “YES” to approve the change or “NO” to decline it.If the user responds with “NO”– the user is then sent a real confirmation code from Friend.tech and is prompted to send the code to the scammers number.” In reality, if I sent out the code, my account would get wiped,” he said.Someone is trying to hack my @friendtech 1) Text sent out stating theyre altering my number 2) I respond no3) They state to verify no, send out the verification code 4) Receive actual verification code from buddy tech5) After no reaction, they text once again stating theyll car … pic.twitter.com/j76vI969jP— Yano (@JasonYanowitz) October 8, 2023

The latest modification follows several SIM-swap attacks targeting Friend.tech users given that September.On Sept. 30, froggie.eth was amongst the first in a string of Friend.tech users to be compromised by a SIM-swap attack, prompting others to remain vigilant.got swim switched for 20+ ETH (they drained my https://t.co/xb5o31p3Yy) … remain vigilant out there brosset a PIN on your sim even if you do not think you require to– froggie.eth (@brypto_) September 30, 2023

More Friend.tech users came forward with comparable stories in the following days with an approximated 109 Ether (ETH), worth around $172,000, stolen from 4 users within a week. The procedure involves a text message that asks the user for a number modification request, where users can respond with “YES” to approve the change or “NO” to decline it.If the user reacts with “NO”– the user is then sent out a genuine confirmation code from Friend.tech and is triggered to send out the code to the scammers number.

” Neither the friendtech nor Privy groups can reset these passwords, so please use care when utilizing this feature,” Friend.tech added.You can now include a 2FA password to your https://t.co/YOHabcBL3H account for additional security if your cell carrier or e-mail service becomes compromised.Neither the friendtech nor Privy teams can reset these passwords, so please usage care when utilizing this function pic.twitter.com/g0m2E4att2— friend.tech (@friendtech) October 9, 2023

Friend.tech users will be prompted to add another password in when signing onto new gadgets.” Neither the friendtech nor Privy teams can reset these passwords, so please use care when utilizing this function,” Friend.tech added.You can now include a 2FA password to your https://t.co/YOHabcBL3H account for additional security if your cell provider or email service ends up being compromised.Neither the friendtech nor Privy groups can reset these passwords, so please use care when utilizing this feature pic.twitter.com/g0m2E4att2— friend.tech (@friendtech) October 9, 2023

More Friend.tech users came forward with similar stories in the following days with an approximated 109 Ether (ETH), worth around $172,000, taken from 4 users within a week.” However, a popular creator on Friend.tech, 0xCaptainLevi, was more positive, stressing that 2FA is a “big deal” and can help press the social media platform to hidden heights:2 FA is a big deal.