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,
The post Telcoin Faces Significant Setback Following Security Breach appeared first on The Merkle News.
Singapore and Hanoi, Vietnam — Telcoin Pte. Ltd., a fintech startup leveraging blockchain technology to facilitate high-speed, low-cost international remittances, today announced a partnership with Vimo Technology JSC, operator of leading Vietnamese digital wallet Vimo.