Yearn Finance Contributor’s Data Leak Shakes Crypto World: 101,000 Users’ Info Exposed at Friend.tech, Ignites Privacy Debate
A groundbreaking disclosure has sent shockwaves through the cryptocurrency sphere, with Banteg, the enigmatic core contributor of Yearn Finance, regaining prominence. This instance focuses on a leaked GitHub repository allegedly holding sensitive user data from the “friend.tech” platform. The leak has sparked intense worries about privacy violations and the scope of user agreements.
Inside the revealed repository, a wealth of data about over 101,000 users has allegedly been exposed, revealing vital particulars like Base addresses and Twitter usernames. Deepening the astonishment, Banteg disclosed an even more alarming revelation regarding permissions granted to friend.tech. It’s claimed that a staggering number of users, exceeding a hundred thousand, might have unintentionally authorized the platform to post on their behalf, potentially without comprehending the full implications of this authorization.
This jaw-dropping statistic, “101,183 people,” inadvertently granted friend.tech posting privileges have raised questions about the safeguards to safeguard user data. Banteg’s actions were accompanied by releasing a comprehensive CSV file that exposes intricate user information, laying bare funding sources and usernames.
Friend.tech Data Breach Sparks Crypto Privacy Concerns
Vigilant Spot On Chain analysts triggered this revelation, spotting API anomalies at friend.tech that hinted at a breach. This breach ominously provides unmitigated access to select user data, even allowing malicious actors to peer into individual wallets via the API. This raises grave concerns about user privacy and platform security.
Friend.tech, a rising star in the web3 social application realm on the Coinbase-incubated Layer 2 chain Base, made waves with its innovative concept of trading “shares” in Twitter accounts. These shares come with exclusive entry to private chat rooms, fostering community within the crypto sphere.
Amidst endorsements from high-profile figures that propelled its popularity, the platform was embroiled in controversy. The allure of private account access is now juxtaposed with a dire data breach, exposing user information. As the storm of debate rages on, the crypto community finds itself at a crossroads, grappling with the delicate equilibrium between pioneering innovation and safeguarding personal privacy.
Friend.tech continues to rake in over $1.42 million in protocol fees within a mere 24 hours, it stands as a testament to the burgeoning interest in crypto projects. However, lingering questions about data security loom ominously, reminding us all that progress must not come at the expense of user trust and confidentiality.