
The 2FA security measure is optional for Friend.tech users seeking additional security on the platform.
The 2FA security measure is optional for Friend.tech users seeking additional security on the platform.
Leaked mobile phone numbers have given scammers an easy way to drain Friend.tech user accounts.
In a short period of time, four friend.tech users reported their accounts were compromised and drained after hackers seized control of their mobile numbers.
The Ethereum co-founder has regained control of his T-Mobile account, confirming that a SIM-swap attack resulted in the hack of his X account.
The amount of social engineering attacks in the cryptocurrency industry has been rising, with major execs getting hacked recently.
As SIM swap attacks are often seen as non-demanding in terms of technical skills, users must pay due diligence to their identity security.
The bad actors utilized a fake GutterCatGang airdrop scam to drain people’s wallets, with at least $700,000 worth of NFTs being stolen from a single address.
The hacker managed to steal $794,000 worth of crypto from an exchange via a SIM swap attack on an exec, but ultimately he didn’t cover his tracks well.
While members of the crypto community are doubtful the lawsuit against Coinbase will be successful, it has sparked a conversation about the issues with SMS 2FA.
Social media metrics show strong retail investor sentiment behind the ongoing CFX price rally.