Decentralized social media platforms such as Farcaster, Lens, and Friend.Tech once held the promise of redefining social interactions. Yet, during the second half of 2024, these platforms have increasingly become ghost towns. This…
Friend.tech transferred control of some of its smart contracts to a null address, which can never be reversed. Source link
Friend.tech co-founder, pseudonymously known as Racer, has hinted at leaving Base, an Ethereum Layer-2 network launched by Coinbase in 2023 that supports the platform. Following the news, Friend.tech’s token fell sharply and is…
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…
The Stars Arena Web3 social media app on Avalanche has lost some of its funds due to a malicious attack, according to social media reports. Stars Arena user Lilitch.eth discovered the exploit on…
Crypto’s newest decentralized social media (DeSo) app friend.tech has been met with intense criticism over a decision to punish users who opt in to forks or copycat versions of its tokenized social media…
Despite the recent hype around riend.tech, some decentralized social networks are still having a tough time getting users to sign up and stay on their social media platforms. Two executives in the decentralized…
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