One of the core developers behind DeFiLlama, a portal that analyzes decentralized finance (DeFi) protocols, believes that a hack on Friend.tech, a decentralized social media network on Base, a layer-2 platform backed by Coinbase, will be more “devastating” than the recent breach on Balancer whose front-end was exploited and over $238,000 worth of assets reportedly stolen. 

In the analyst’s assessment, the social media network can be compromised in three ways, stating that any exploit initiated from the front end could see Friend.tech users lose funds simply by “opening the app,” adding that they won’t have “to do anything.”

3 Ways Friend.tech Users Can Lose Funds If Hacked

Upon analyzing Friend.tech’s security model, the analyst explained that if their direct iframe was …