![TEL Price Slumps as Telcoin Suffers Apparent Exploit Related to Tyler Spalding, CEO / Co-Founder, Flexa, 2Chainz and Zack Seward, Deputy Editor-in-Chief, CoinDesk](https://btcusa.com/wp-content/uploads/2023/12/TEL-Price-Slumps-as-Telcoin-Suffers-Apparent-Exploit-Related-to-678x381.jpg)
[ad_1]
“We’ve identified the root cause, which was not an issue with the Telcoin Wallet code itself, but with the proxy implementation of the wallet on Polygon – primarily impacting wallets that have never initiated transactions,” Telcoin posted on X . “We have deployed a fix to stop further exploitation.”
[ad_2]
Source link