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DeFi News

Friend.tech Adds 2FA Feature After Last Week’s SIM-Swap Hack

Developers have added the security feature while logging-in after last week’s breach that led to stealing of hundreds of ETH.

Written By:
Gopal Solanky

Last updated: October 10, 2023 6:17 AM
Published 2023-10-10
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Last updated: October 10, 2023 6:17 AM
Published 2023-10-10
Friend.tech Adds 2FA Feature After Last Week's SIM-Swap Hack

Friend.tech has added another security feature to its platform, which now enables users to protect their accounts using a 2FA password.

You can now add a 2FA password to your https://t.co/YOHabcBL3H account for additional protection if your cell carrier or email service becomes compromised.

Neither the friendtech nor Privy teams can reset these passwords, so please use care when using this feature pic.twitter.com/g0m2E4att2

— friend.tech (@friendtech) October 9, 2023

The decentralized social application has introduced the 2FA feature to be more cautious after its users lost over 234 ETH in SIM swap attacks last week. Several users shared that their Friend.tech account was compromised and a hacker robbed thousands of dollars in ETH. 

Although the team has warned users to use 2FA with care, it cannot be reset from the platform or by the team. This feature is added with support from the Privy team, a Web3 security platform. 

Friend.tech also introduced a feature last week enabling users to add or remove log-in methods for their users, which was a major loophole. 

The developers of the novel DeSo application have made major changes to the application since last month by integrating a number of features regarding account security and user experience. 

Also Read: Friend.tech Devs Pocket-ins $20M From Protocol In Two Months

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Gopal Solanky - Crypto Research Analyst at The Crypto Times
By Gopal Solanky Sr. Crypto Journalist
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Gopal Solanky is a Research Analyst and Reporter with over 5 years of experience in DeFi, blockchain, crypto, IT, and financial markets. With a Bachelor's in Computer Applications, he brings a strong technical foundation to his analysis and reporting. Gopal focuses on breaking down complex topics for both seasoned investors and curious readers. His work has been referenced by publications like Business Insider and Vulture.com, highlighting his contributions to industry stories around topics like Huwak Tuah Memecoin and the FTX collapse.

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