Telcoin DeFi platform suffers $1.3M crypto asset loss in exploit

Telcoin, a decentralized finance (DeFi) platform, has suspended its app operations following an exploit that resulted in the loss of approximately $1.3 million worth of crypto assets. The incident has raised concerns among investors and the broader cryptocurrency community. Suspension of Telcoin app operations Late yesterday, Telcoin users began reporting issues with the platform’s app. […] source: https://www.cryptopolitan.com/telcoin-defi-platform-suffers-1-3m-crypto/