A hacker has managed to steal 234 Ether (ETH) worth approximately $385,000 in less than 24 hours by manipulating the SIM cards of four Friend.Tech users. The victims reported that the scammer was able to switch their SIM cards to an iPhone SE at the Apple store. Manifold Trading has warned that up to $20 million of Friend.Tech’s total locked-up value of $50 million may be at risk due to the recent security breach. As a result, they have urged the platform to strengthen its account security measures, specifically by adding two-factor authentication (2FA) for better protection. In response to the latest string of security breaches, Friend.Tech has recently rolled out a new feature that enables users to eliminate specific login options, specifically phone numbers. Founder and CEO of wallet security company Delegate has also recommended removing phone numbers from social media accounts as a proactive measure against potential attacks.

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Information	Details
Geography	North America
Countries
Sentiment	negative
Relevance Score	8
People	holycryptoroni, KingMgugga, ZachXBT, Delegate, Friend.Tech
Companies	PrimeXBT, Manifold Trading, Delegate, Binance, Friend.Tech
Currencies	Ethereum, Bitcoin
Securities	None