Telcoin: The security incident was caused by an issue with the agent implementation, and a patch has been deployed

ChainCatcher message, Telcoin has released a security incident update on platform X: "The root cause has been identified; it is not an issue with the Telcoin wallet code itself, but rather a problem with the proxy implementation of the wallet on Polygon, primarily affecting wallets that have never initiated a transaction. A fix has been deployed to prevent further exploitation. We plan to restore all wallets to their previous balances (for all affected assets) before restarting the application services, which may take some time. No keys, backend systems, or user data have been compromised."

Previously reported, the Telcoin wallet was attacked with an estimated loss of $1.2 million.