FriendTech Accounts Hacked, Assets Stolen!

Writer: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since a few years. He has earlier buying and selling expertise and has been working within the Fintech business since 2017.

Oct 3, 2023 8:44

A number of customers of FriendTech have reported that their accounts have been hacked and their property have been stolen. In keeping with the founding father of SlowMist, these incidents have been attributable to the platform’s centralized and insecure strategies of registration. FriendTech permits customers to register with only a telephone quantity, electronic mail or Apple account, and doesn’t have two-factor authentication (2FA) in place. This has made it a straightforward goal for malicious attackers, who’ve taken benefit of its vulnerabilities to steal consumer funds. To guard themselves, customers are suggested to modify to safer platforms that present higher safety for his or her property.