Telcoin DeFi platform faces a $1.3M crypto asset loss due to an exploit, prompting a halt in app operations. The incident triggers a 42% decline in TEL token value, causing concerns in the broader cryptocurrency market. Telcoin's response and security measures will impact user trust and market sentiment.
Cheng YuanTelcoin faces turmoil as its app halts operations after a $1.3 million crypto asset loss due to a cybersecurity exploit, leaving users and investors on edge.
Hui XinTelcoin app compromised, $1.3 million in crypto stolen; TEL value plunges.
BrianAsian nations seem most inclined to hop on the CBDC bandwagon, while many African countries are still standing aside.
cryptopotatoThe news is good for traditional investors, but bad for metaverse and NFT hopefuls.
CryptoSlateBieber is part a list of high-profile celebrities including Logan Paul, whose NFTs have declined sharply in value since they were bought.
BeincryptoFormer FTX CEO Sam Bankman-Fried said he was “wrong” in his estimates of the crypto exchange’s leverage prior to its collapse.
Others
NulltxThe trio’s launch marks the first crypto ETFs to go live in Australia, with two of them focused on offering exposure to BTC and the other focused on ETH.
Cointelegraph
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