Cronos halts blockchain after $75 million lending exploit hits lending app Tectonic
An attacker allegedly pushed Tectonic’s thinly traded TONIC token up 100-fold, used it as collateral to borrow real assets and left most funds stranded when Cronos validators paused the network.
- Source
- CoinDesk
- Published
- 2026-08-31 04:57 UTC
- Cache updated
- 2026-08-31 05:05 UTC
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