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Web3 Platform Friend.tech Transforms Ownership, Shares Stake with Users

Leave a Comment / Friend, Platform / Avery Clarkson

Last updated: March 24, 2024 11:15 EDT | 2 min read Friend.tech, a social platform leveraging Web3 technology, has proposed a new ownership model by offering its shares to its users. The move is intended to empower platform users, who were previously mere participants, to become investors with a vested interest in the company’s prosperity. This shift […]

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Friend.tech Investors Grant Users Full Token Control Amid Resurgence Efforts

Leave a Comment / Friend, Investors / Avery Clarkson

Friend.tech, a Web3 social platform, has revealed that its investors have unanimously decided to waive their rights to sell tokens to users, granting them full control over the funds. The decentralized social media protocol garnered significant attention last year but has recently experienced a decline. Friend.tech Is Looking for a Comeback Friend.tech users have been

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Friend.Tech Targeted Again: Elaborate Scheme on Phishers Posing as Journalists Uncovered

Leave a Comment / Friend, Targeted / azlan90

Blockchain security firm SlowMist has cautioned about a surge in phishing attacks carried out by impostors posing as journalists on the recently launched decentralized social network friend.tech. It was first flagged on October 14, when Twitter user Masiwei reported a malicious code targeting friend.tech for account theft. As per the SlowMist Security Team’s investigation, the

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Friend.tech Records Largest Single-Day TVL Drop

Leave a Comment / Friend, Records / Admin

Friend.tech’s Total Value Locked (TVL) has undergone a substantial decline recently, registering its most significant single-day drop of 7.8% in early October, indicating a noteworthy downturn in performance. Additionally, there has been a significant redemption of keys on Friend.tech, with reports of ongoing sim swap attacks casting a shadow over the network. Massive Drop in

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Friend.tech Developers Amass Nearly $20 Million Since August Debut

Leave a Comment / Developers, Friend / Admin

Source: AdobeStock / REDPIXEL The development team behind friend.tech has amassed nearly $20 million in revenue since its launch in August. According to data from DeFiLlama, friend.tech currently holds the position of the largest revenue-generating application on Base and the second-largest across the entire crypto space. At its current pace, the platform is projected to generate

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