TEL price falls as Telcoin suffers apparent exploit related to Polygon’s wallet implementation

Telcoin, which develops financial applications such as trading and money transfer tools based on the Polygon blockchain for mobile device users, froze its applications early on Tuesday Asian time, developers said. X post. In a follow-up post, they said the issue was related to how the application interacted with the Polygon blockchain and that no private keys or sensitive data had been leaked.