Decentralized social media protocol Friend.Tech has introduced a two-factor authentication (2FA) security feature in response to recent sim-swap attacks on its users. The 2FA adds an extra layer of protection for users, particularly in cases where their mobile carrier or email service has been compromised. Users will now be required to enter their passwords each time they log in from a new device. Friend.Tech has warned users that it cannot assist with password recovery or reset if they are lost. This security update comes after the platform experienced sim-swap attacks that put around $20 million of users’ funds at risk. The introduction of 2FA has been well-received by the crypto community, with some predicting that it could lead to a significant increase in the platform’s total value of assets (TVL). However, it is important for users to remain vigilant and cautious of their operating environment, as 2FA cannot protect against all types of attacks. In a separate incident, The Defiant head of news revealed that they lost 22 ETH to a phishing scam, despite implementing 2FA.

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Sentiment	neutral
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People	0xCaptainLevi, Yyctrader, Cos
Companies	X, SlowMist, The Defiant, Friend.Tech, DeFillama
Currencies	Ethereum
Securities	None