Telcoin ($TEL) has encountered a considerable setback, witnessing a substantial drop of over 41% within a few hours due to a significant security breach on the Telcoin cryptocurrency platform. This breach led to the apparent theft of millions of TEL tokens, amounting to around $1.3 million in cryptocurrency losses, as reported by peckshieldalert. #PeckShieldAlert Telcoin $TEL has dropped -41%Telcoin has suffered an exploit, resulting in a loss of ~$1.3M worth of cryptos https://t.co/FS756GaeWo pic.twitter.com/LDPZVu05Fv — PeckShieldAlert (@PeckShieldAlert) December 26, 2023 In response to the security compromise, the Telcoin team swiftly addressed the situation involving the Telcoin App. Taking immediate action,
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Moshe Hogeg, the co-founder and chairman of venture capital investment fund Singulariteam, and the alleged head of Stox Technologies, has been given 30 days to settle with a Chinese investor. The disgruntled investor has brought a 17 million Israeli new shekels (approximately $4.23 million) lawsuit against Hogeg for allegedly misappropriating several million dollars worth of […]
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