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Good friend.tech customers are warning of potential SIM-swap assaults after a latest spate of supposed hacks leading to almost 109 Ether (ETH) price round $178,000 being drained from 4 customers in underneath every week.
On Sept. 30, the X (previously Twitter) consumer often called “froggie.eth” warned their Good friend.tech account was SIM-swapped — the place exploiters achieve management of a consumer’s cell quantity to intercept two-factor authentication codes, then used to entry accounts — and subsequently drained of over 20 ETH.
Days later, on Oct. 3, a string of Good friend.tech customers reported related incidents, with musician Daren Broxmeyer saying he was SIM-swapped and drained of twenty-two ETH.
His cellphone was earlier “spammed with cellphone calls,” which he believed was to drive him to overlook a textual content from his service supplier warning him that somebody was making an attempt to entry his account.
I used to be simply SIM swapped and robbed of twenty-two ETH by way of @friendtech
The 34 of my very own keys that I owned have been bought, rugging anybody who held my key, all the opposite keys I owned have been bought, and the remainder of the ETH in my pockets was drained.
In case your Twitter account is doxxed to your actual… pic.twitter.com/5wA86mjYEG
— daren (pal, pal) (@darengb) October 3, 2023
The identical day one other consumer, “dipper,” additionally said their account was compromised, including they’ve “no thought” how exploiters may hack their account, as they use sturdy passwords.
The fourth consumer, “digging4doge,” was drained of round 60 ETH after falling for a phishing rip-off that tricked them into sharing a login code.
Friendtech consumer @digging4doge simply bought drained to the tune of ~60 eth price of keys.
About an hour in the past, he acquired a textual content informing him {that a} quantity change had been requested for his account.
He had two hours to reply or the request can be auto accredited. This was, of… pic.twitter.com/L21Hr041kP
— stop (,) (@0xQuit) October 4, 2023
Crypto funding agency Manifold Buying and selling defined that any hacker getting access to a Good friend.tech account is then capable of “rug the entire account.”
Assuming {that a} third of Good friend.tech accounts are related to cellphone numbers, round $20 million is prone to being exploited by means of Good friend.tech user-focused exploits, they stated.
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Manifold additionally recommended that, technically, all of Good friend.tech is in danger attributable to how the platform’s safety is ready up, and fixing the problems “ought to truthfully be the #1 precedence.”
If any hacker positive factors entry to a FriendTech account by way of simswap/electronic mail hack, they’ll rug the entire account
When you assume 1/3 of FriendTech accounts are related to cellphone numbers, that is $20M in danger from sim-swaps
FriendTech’s present setup additionally technically permits a rogue dev… https://t.co/XgodMNSh2l
— Manifold (@ManifoldTrading) October 2, 2023
Manifold recommended Good friend.tech permit customers so as to add 2FA to logins, key decryptions and transactions.
Customers must also be given the choice to alter the login methodology from a quantity to electronic mail and permit for third-party wallets for use.
Excessive-profile crypto figures have beforehand been efficiently SIM-swapped, with their accounts used to hold out phishing assaults, reminiscent of Ethereum co-founder Vitalik Buterin’s X account in September.
Cointelegraph contacted Good friend.tech for remark however didn’t instantly obtain a response.
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