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Friend Tech Suffers Data Leak Exposing 101K User Wallets

Decentralized network Friend.tech faces backlash over user data breaches. Users are urged to protect their accounts and stay vigilant.
Friend Tech Suffers Data Leak Exposing 101K User Wallets

Friend.tech, a new decentralized social network, created ripples in the cryptocurrency industry by amassing $1 million in fees on the first day of operation. However, the site is under fire after an unknown Yearn Finance contributor, Banteg, revealed a significant breach of sensitive user data on GitHub. This hack discloses substantial information regarding over 101,000 individuals, including their Base wallet addresses and Twitter identities.

The friend Tech network was initially lauded for its rapid development and ability to drive more significant Bitcoin usage. Nonetheless, the current breach has prompted worries among users, especially given the platform’s fast development.

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A Hazard to User Accounts

Many users raised concerns about the platform’s price structures and revenue-generating tactics. Furthermore, friend.tech’s capacity to submit tweets and retweets on its users’ behalf received much criticism. Twitter users are urging others to cancel Friend Tech access to their accounts in light of the disclosure. 

“Imagine giving power to a 3rd party to do these things to your profile,” one concerned user tweeted. In the future, they may post or retweet items from your account that harm your community. “All it takes is one security flaw to destroy everything.”

To fix this, users may click on their Twitter account settings and delete friend.tech’s access. Users can withdraw the app’s posting and retweeting rights by selecting the ‘Security and account access’ section and clicking ‘Connected account.’

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The Debate Rages On

Spot On chain experts discovered that friend.tech’s API had “leaked” information, including user-created wallet addresses that could be read via the API. Friend.tech is a web3 social application that works on the Coinbase-incubated Layer 2 chain Base, where users may trade shares in Twitter accounts and access private chat rooms.

Despite the uproar, Friend Tech has grown in popularity among celebrities. After joining the platform, influential esports community co-founder Richard “FaZe Banks” Bengtson II and NBA star Grayson Allen saw their share values skyrocket.

In reaction to the disclosure, friend.tech argued that the leaked material was already public, like someone perusing a public Twitter feed. However, according to Banteg’s admission, 101,183 people unintentionally authorized friend.tech the authority to publish on their behalf.

As the platform grows, users are encouraged to be cautious about granting third-party access to their social media accounts and remain vigilant about their online security.

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Kelvin Munene Murithi

Kelvin Munene is a crypto and finance journalist with over 5 years of experience, offering in-depth market analysis and expert commentary . With a Bachelor's degree in Journalism and Actuarial Science from Mount Kenya University, Kelvin is known for his meticulous research and strong writing skills, particularly in cryptocurrency, blockchain, and financial markets. His work has been featured across top industry publications such as Coingape, Cryptobasic, MetaNews, Cryptotimes, Coinedition, TheCoinrepublic, Cryptotale, and Analytics Insight among others, where he consistently provides timely updates and insightful content. Kelvin’s focus lies in uncovering emerging trends in the crypto space, delivering factual and data-driven analyses that help readers make informed decisions. His expertise extends across market cycles, technological innovations, and regulatory shifts that shape the crypto landscape. Beyond his professional achievements, Kelvin has a passion for chess, traveling, and exploring new adventures.

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
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