Telcoin Temporarily Freezes Use of Decentralized Remittance App Following $1,300,000 Exploit

Remittances-focused crypto project Telcoin (TEL) is offering an update after a cybersecurity breach that resulted in the loss of funds. The remittances crypto project says that it is “aware of the situation with the Telcoin App” and has consequently “frozen use of the app.” According to cybersecurity firm PeckShield, Telcoin suffered an exploit that resulted The post Telcoin Temporarily Freezes Use of Decentralized Remittance App Following $1,300,000 Exploit appeared first on The Daily Hodl .