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Market News

Severe Vulnerabilities in Friend.tech Leads to Database Leak

A data API vulnerability leads to leak of over 100k Friend.tech users

Written By Gopal Solanky
Published August 21, 2023 1:37 PM·Updated 2 years ago
Make The Crypto Times preferred on GoogleGoogle
Severe Vulnerabilities in Friend.tech Leads to Database Leak

While Friend.tech is blasting with tons of users, some on-chain sleuths have already discovered alarming vulnerabilities in its smart contract. 

A pseudonymous core contributor to Yearn Finance, Banteg has posted a list of 101,183 people containing twitter accounts and their address connected on Friend.tech. 

101,183 people has given friend tech access to posting as them, leaked db indicateshttps://t.co/yYYDqzUoON

— banteg (@banteg) August 21, 2023

Banteg claimed that users gave access to posting them as the site asked for their data. Friend.tech asked permission to track and save data from twitter while signing up and users also granted permission to post on their behalf. 

The data leakage-vulnerability was found by onchain data researcher SpotOnChain which shared it on X. SpotOnChain revealed that user data can be obtained by API.

🚨🚨 Some facts for the fast-growing @friendtech project:

➡️ generated a 2,953 $ETH (~$5M) fee in just 11 days
➡️ The current value of all shares is 4,435 $ETH (~$7.4M)

However:
🚫 data leak via API
🚫 you can buy/sell shares without an invitation code from the contract

More… pic.twitter.com/lRGDUJQgFZ

— Spot On Chain (@spotonchain) August 21, 2023

In another vulnerability, it also stated that users can buy or sell shares directly on Etherescan using Metamask wallet. 

The news comes forward amid Friend.tech being in trend in the crypto community with its sparkling beta launch. It generated over $1 million in fees in 24 hours, surpassing major DeFi players like Uniswap and Bitcoin.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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