Telcoin Wallet Users Lose $1.2M In A Polygon Exploit; TEL Price Plummets

11 months ago 21

Telcoin (TEL), a mobile-based financial platform that uses the Polygon blockchain, suffered a major security breach on Tuesday that resulted in the loss of over $1.2 million worth of funds from some of its users, according to a blockchain...

Telcoin Wallet Users Lose $1.2M In A Polygon Exploit; TEL Price PlummetsTelcoin (TEL), a mobile-based financial platform that uses the Polygon blockchain, suffered a major security breach on Tuesday that resulted in the loss of over $1.2 million worth of funds from some of its users, according to a blockchain security analyzer, Peckshield. According to Peckshield’s analysis, the exploit involved a proxy implementation of the Telcoin […]


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