SIM Swap attacks are a common occurrence, and criminals gain control of a mobile phone by deceiving service providers and connecting the phone number to a SIM card in the hacker’s possession. The swapped phones can then be used for fraud activity.

In separate incidents, exploiters targeted at least two users, claiming to have fallen victim to a SIM swap attack. The attackers successfully drained over 42 Ether (ETH), totaling nearly $70,000 at current prices.

A user affected by the situation, @darengb, shared the situation as follows:

“If your Twitter account is in your real name, your phone number can be found and this can happen to you “.

The social application Friend.Tech has become one of this year’s most popular crypto platforms, generating consistent income and profits for its creators despite the bear market. As previously reported, the app gathered over 100,000 users within just two weeks of its live launch.

However, security risks remain a significant concern for any crypto platform. Hackers can employ various techniques, from smart contract manipulation to flash loan attacks, to exploit rich users using traditional methods.

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Here are some general recommendations for users and Friend.Tech:

1. Contact Your Mobile Operator: If you suspect unauthorized SIM card changes, immediately contact your mobile operator. Also they can help you regain control of your phone number.
2. Change Passwords: Change passwords for all online accounts, including Friend.Tech and sensitive ones. Utilize strong, unique passwords per account, and a password manager can assist in tracking them securely.
3. Enable Two-Factor Authentication (2FA): Activate 2FA wherever possible for Friend.Tech and crypto accounts, adding an extra layer of security to safeguard your assets, even if your password is compromised.
4. Exercise Caution with Personal Information: Refrain from linking your Friend.Tech or other online accounts to real-world profiles and phone numbers. Using aliases and disposable email addresses can enhance your privacy.
5. Monitor Your Accounts: Routinely monitor your crypto wallets and bank accounts for any unauthorized transactions. Timely detection can minimize potential losses.
6. Educate Yourself: Educate yourself about prevalent security threats like SIM swap attacks. Avoid divulging personal information online or via phone.
7. Utilize Hardware Wallets: Consider using hardware wallets to securely store your cryptocurrencies. Hardware wallets are highly secure since they are not connected to the internet, akin to software wallets or online exchanges.
8. Report the Incident: Report any SIM swap attacks to the police and relevant authorities. This action can aid investigations and identify the culprits.
9. Seek Professional Help: If faced with potential security breaches or attacks, seek assistance from experts to effectively address the situation.

You can freely share your thoughts and comments about the topic in the comment section. Additionally, please don’ t forget to follow us on our Telegram, YouTube and Twitter channels for the latest news.

The post Friend.Tech SIM Swap Attack! appeared first on Coin Engineer.

But this hype could not be limited just to the Base network. Therefore, similar platforms began to emerge on other networks too. These networks are respectively BNB, AVAX, (Avalanche), Arbitrum, Solana, and other networks. The operation mechanisms and principles of different applications on each network are almost the same.

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Mega Bull in SocialFi Applications in a Volume-Less Market!

In the currently dull situation of the market, we can see that the short-term hype and bull run are being experienced in some different areas. However, this does not belong to the general crypto market. The hype initiated by Friend.tech also caused a significant volume increase on other networks in a short time. These applications also increased the use of networks by people. But in which networks are which SocialFi applications available?!

Base Network – friend.tech

Although there were major applications such as Debank, DeFi, etc. in the SocialFi field before, even if they had short-term popularity, they took a bigger step than friend.tech and began to envelop the market.

Most shares on Friend.tech are now overvalued, i.e., blown up. So we suggest you be careful when stepping here. Therefore, considering the newly released and upcoming applications on other networks can put you at an advantage. If you want to learn more about Friend.tech, you can access our article on the subject here .

BNB – Friend3AI

Following this hype, similar applications with the same logic began to emerge on other networks. Moreover, this was happening very rapidly because there was only a website, and people were sending money to these applications’ wallets by downloading PVA applications to their phones. Afterward, they could start buying/selling transactions.

The same thing happened on the BNB network as well. By purchasing BNB, users could sell their own tickets to others or join others’ rooms by buying their tickets and communicate with them. A minimum $1 automatic barrier was placed between ticket prices to prevent bots from rapidly gaining points. All of these and similar mechanisms were obtained through friend.tech. Towards the end of the article, you can also find how to get airdrops from here.

Similarly, to access this application, you need an invitation link. You can use our officially granted invitation link by Friend3AI: friend3-5be0ed40

Arbitrum – Post.tech

Similarly, with the same operational concept but on a different network! Here, if you don’t have funds on the Arbitrum network, you need to bridge some ETH here. Next, in the section provided within the application, you can copy your own post.tech address and transfer funds from your Metamask or other wallets there. The minimum recommended amount is 0.001 ETH.

Furthermore, to enter the application, you will need an invitation code. Below, we are providing you with some invitation codes for you to use!

pt-v3je78qfq4

pt-xxhldgcekh

pt-waudbubelc

pt-ygzeva8vhz

pt-k9xibvl1lv

pt-b8lmoeahes

pt-a2o0cuujqz

pt-kkilkmbqnr

pt-nd9pvfhucj

Avalanche – Starshares

While other applications are experiencing significant price surges, the same hasn’t fully occurred on the Avax network yet. However, tokens are witnessing a massive surge ranging from 40,000% to 50,000%. Therefore, considering that these surges will attract more users and funds in the future, a similar scenario is likely to unfold here as well.

This is not an investment advice. The content is prepared only for informational purposes.

It is not mandatory to have any invitation link to try the Starshares platform. Therefore, unlike in other applications, a code or link will not be shared here. Our goal is to keep you informed about the market and enable you to quickly adapt there in case of hype. Don’t forget to support us for us to be able to do this!

How Can You Obtain the Airdrops Here?

Since the operational concept is the same for all of these SocialFi applications, they will reward their users. So, don’t forget to try these applications and accumulate points on all networks! The fastest way to accumulate points is to buy and then sell fast and cheap stocks. Bots are available in all applications. Therefore, remember to monitor your stocks after buying! The price of your stocks will rise in subsequent purchases.

Through buying and selling, you not only earn commission fees but also increase your points for airdrops. Follow the steps mentioned in the Airdrop section on Twitter and the Application in every app. Accumulate points by using these!

You can freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram  ,YouTube and Twitter channels for the latest news and updates.

The post Mega Bull in SocialFi Applications! appeared first on Coin Engineer.