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CoinGape 2023-12-26 17:00:56

Telcoin Acts Fast to Secure Platform Post-Multi-Million Hack

Telcoin, a mobile-focused financial application developer, experienced a substantial exploit on its platform. This incident, involving the company’s wallet implementation on the Polygon blockchain, led to an alarming 40% drop in the price of the Telcoin (TEL) token. The exploit resulted in the unauthorized withdrawal of over $1.2 million from user accounts, as confirmed by The post Telcoin Acts Fast to Secure Platform Post-Multi-Million Hack appeared first on CoinGape .

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