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Solana’s Upcoming Smartphone Preorders Hit 100,000 in Under a Month, Presale Window About To Close

Solana’s Upcoming Smartphone Preorders Hit 100,000 in Under a Month, Presale Window About To Close

Solana Mobile’s highly-anticipated and soon-to-drop Saga smartphone has sold 100,000 pre-orders in the last 30 days, according to Solana Labs. According to an announcement from Solana Mobile 2 on the social media platform X, the phone’s current special pre-order price will close in two days. “100,000 preorders in less than 30 days. We’re floored by […]

The post Solana’s Upcoming Smartphone Preorders Hit 100,000 in Under a Month, Presale Window About To Close appeared first on The Daily Hodl.

Clash of Coins Aims to Onboard up to 50 Million Players in a Seamless Web3 Experience on Base L2

Friend.tech SIM-swap scourge continues as scammer nets $385K in Ether

Leaked mobile phone numbers have given scammers an easy way to drain Friend.tech user accounts.

A single scammer has reportedly managed to steal around $385,000 worth of Ether (ETH) in less than 24 hours amid a scourge of SIM-swap hacks seemingly targeting Friend.tech users.

On Oct. 5, blockchain sleuth ZachXBT reported the same scammer had pilfered 234 ETH over the past 24 hours by SIM-swapping four different Friend.tech users.

The on-chain movement of crypto assets was traced back to the same hacker who drained the accounts of the four victims.

One of the reported victims of the most recent chain of SIM-swap attacks posted to X (Twitter) following the attack:

“Got sim swapped. Apparently, dude was able to do it from an Apple store and switched it to an iPhone SE. Don’t buy my keys, that wallet is compromised.”

X user “KingMgugga” reported an attack targeting them happening in real time, posting to X that they were “getting f---ing sim swapped watching it happen” and asking for help. Meanwhile, another X user, “holycryptoroni,” confirmed they were similarly attacked, lamenting, “I got swapped sorry.”

Earlier this week, a further four Friend.tech users claimed to have their accounts drained as a result of a SIM-swap or phishing attack, totaling around 109 ETH stolen.

Friend.tech allows users to purchase “keys” of individuals, which grants access to private chat rooms with them.

The SIM-swap scam occurs when scammers gain access to the victim’s phone number and use it to acquire authentication, which enables them to access their social media and crypto accounts.

Manifold Trading, a firm building tools for the ecosystem, estimated that $20 million of Friend.tech’s $50 million of total value locked could be at risk. It called for the platform to beef up its account security measures by enabling two-factor authentication (2FA).

Related: How easy is a SIM swap attack? Here’s how to prevent one

There have also been calls for X to implement 2FA security measures to prevent mobile phone numbers from getting leaked following the high-profile hack of Vitalik Buterin’s account in September, which was also due to a SIM swap attack.

“0xfoobar,” founder and CEO of wallet security firm Delegate, advised removing phone numbers from social media accounts.

Magazine: Blockchain detectives — Mt. Gox collapse saw birth of Chainalysis

Clash of Coins Aims to Onboard up to 50 Million Players in a Seamless Web3 Experience on Base L2

A Look at the First Phone-to-Phone Bitcoin Transfer Using a Nokia N900 Smartphone

A Look at the First Phone-to-Phone Bitcoin Transfer Using a Nokia N900 SmartphoneWhen Satoshi Nakamoto created Bitcoin, the full node client came with a wallet often referred to as Bitcoin-Qt. Nakamoto’s simplified payment verification (SPV) concept was not available until two years later, after the former Bitcoin Core developer Mike Hearn published BitcoinJ in 2011. However, prior to the first SPV client or optimized lightweight bitcoin wallet, […]

Clash of Coins Aims to Onboard up to 50 Million Players in a Seamless Web3 Experience on Base L2

Study Shows 36% of Nigerian Adults Are Financially Excluded — Digital Financial Services Bolsters Inclusion

Study Shows 36% of Nigerian Adults Are Financially Excluded — Digital Financial Services Bolsters InclusionNearly 36% of Nigeria’s 106 million adults lack access to both regulated and unregulated financial services, according to the findings of the Enhancing Financial Innovations and Access (EFIA) study. In addition, while the findings do suggest a marginal drop in the percentage of financially excluded adults in the past few years, overall “the actual number […]

Clash of Coins Aims to Onboard up to 50 Million Players in a Seamless Web3 Experience on Base L2