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TechFlow reports that a blockchain payment app Telcoin has experienced suspicious token activities on Polygon. A suspicious address (0xDB4B84F0E601e40a02B54497F26E03EF33f3A5b7) is suspected of stealing over 300 million TEL tokens and swapping them into MATIC.
The official team stated they are aware of the situation with the Telcoin application and have temporarily frozen the app's functionality while investigating the issue.
Blockchain payment application Telcoin has experienced a large number of suspicious token activities on Polygon. A suspicious address (0xDB4B84F0E601e40a02B54497F26E03EF33f3A5b7) is suspected of stealing over 300 million TEL tokens and swapping them into MATIC. The official team stated that they are aware of the situation with the Telcoin application and have temporarily frozen the application's functionality while investigating the issue.
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