Friend.tech offers solutions to remove login after SIM swap reports Cryptocurrency scrgruppen

Decentralized social network Friend.tech has taken to social media to announce an updated feature that will allow users to add and remove different login methods used to access their personal accounts following SIM swap reports.

On October 4, Friend.tech said that it became possible to access the settings through the application after clicking on the user’s wallet.

You can now add and remove login methods for your account https://t.co/YOHabcBL3H account. To access these settings, click on your wallet balance in the upper right corner of the app pic.twitter.com/d37VWVk2Eb

– friends.tech (@friendtech) October 4, 2023

The platform continued its post by saying that it has received inquiries from users about why it has not yet enabled the two-factor authentication passcode feature.

Friend.tech said that in its current state, the feature will likely cause users to close their accounts. She said she suggested UX updates to Privy, the company she uses to enable privacy features.

“Privy is working hard to implement this and we will integrate the feature when finished.”

In a Q&A on October 2, Friend.tech users complained that some were not prompted to confirm their passcodes, and when they mistyped, neither Privy nor Friend.tech could reset them.

Meanwhile, users responded to the update with many of them saying that they have already been blocked from accessing their accounts.

I have been blocked from accessing my account for over a month. Where can I get help now that your Help Desk account has been banned?

– Crossover (@crossover_step) October 4, 2023

1 user He complained Although they removed the number and replaced it with an alternative type of authentication, it did not log out of sessions on other devices, which could allow hackers to log in.

Related: Decentralized social networks are having trouble retaining employees, executives say

These updates come as the platform witnessed exploits on October 4, during which users reported compromised accounts after hackers took control of their mobile phone numbers, also known as SIM swaps.

According to reports, over 100 (ETH) were drained in just one week as a result.

The exploits continued until October 5, at which time the scammers behind these compromises managed to obtain at least $385,000 in ETH.

All of this comes after significant increases in Friend.tech’s revenue with total increases reaching 10,663 (ETH), and Total Value Locked (TVL) reaching over 30,000 (ETH).

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