Intrusion Links Twitter IDs to ETH Wallets on Social Platform

Intrusion Links Twitter IDs to ETH Wallets on Social Platform

Intrusion Links Twitter IDs to ETH Wallets on Social Platform

The intrusion was reported to have linked the X (Twitter) IDs of affected users to their ETH wallets. The platform facilitates the exchange of tokenized shares between users and their influencers.

Multiple users whose ETH addresses were compromised reported revoking their access. The connection to the compromised database no longer works.

Four days before its launch, friend.tech announced a new Ethereum-to-wallet funding conduit. On August 12, a Twitter user with the handle @w1nt3r_eth expressed concern that friend.tech was tracking ETH transfers.

Intrusion Links Twitter IDs to ETH Wallets on Social Platform
Logging concerns observed on Aug. 12 | Source: @w1nt3r_eth

According to the project team, the user mistook “the publishing of the user’s public wallet address in their browser” for an attempt to record a transaction.

They also assert that friend.tech’s wallets require multiple signatures to expand cryptocurrency.

Friend.tech, however, denied that anything malicious had transpired, stating:

“This is just someone scraping our public API that shows the association between public wallet addresses and public Twitter usernames. It’s like saying someone hacked you by looking at your public Twitter feed.”

Friend.tech was founded by the creators of Stealcam, an application that converts uploaded images to NFTs instantly. Both initiatives combine social media and cryptoeconomics.

After a week of launching on Coinbase’s Base chain, Friend.tech’s user base grew to 44,000 in five days.

The number of unique purchasers increased to over 54,000 on Sunday, while the number of sellers reached 20,000.

Before the launch of the initiative, friend.tech referred to itself as “a forthcoming crypto-x social platform.” In other words, it profited from transactions between connected users.

Stealcam provides an incentive for users to swipe NFTs from one another. It fully compensates the victim for the NFT.

The creator and former proprietor receive 45% of the restitution payment, while Stealcam gets 10%.

In an interview with Artnet News, one of the founders of Stealcam described the initiative as a playful extension of the social media circles of cryptocurrency users.

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