Friend.tech has introduced a two-factor authentication (2FA) password feature in response to a series of SIM-swap attacks targeting its users. These attacks involve hackers gaining control of users’ phone numbers and unauthorized access to their accounts, resulting in the loss of valuable digital assets. The new 2FA password provides an additional layer of protection, particularly if a user’s cell carrier or email service is compromised. Users will also be prompted to set up a 2FA password when signing onto new devices. However, it is important to note that neither Friend.tech nor Privy teams can reset these passwords, placing the responsibility on the users themselves. The decision to implement 2FA has received mixed reactions, with some users applauding the move while others criticize the platform for not acting sooner. The introduction of this security feature aims to fortify Friend.tech’s platform and provide users with greater peace of mind.

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Information	Details
Geography	Global
Countries
Sentiment	neutral
Relevance Score	0
People	Jason Yanowitz
Companies	PrimeXBT, Privy, Friend.tech, Binance
Currencies	Bitcoin, Ethereum
Securities	None