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TechCrypto.com-linked Cronos network halts after Tectonic exploit estimated at $75 million

Li says the attacker manipulated the price of Tectonic’s illiquid TONIC token, then borrowed against the inflated collateral. The exploit is estimated at $75 million and prompted the Crypto.com-linked Cronos network to halt, in a hack resembling the Mango Markets attack.

cryptocurrencyblockchain securityCronosTectonic

TThe Block★★☆☆☆2026-08-30 18:40Original

Crypto.com-linked Cronos network halts after Tectonic exploit estimated at $75 million
Crypto.com-linked Cronos network halts after Tectonic exploit estimated at $75 millionTech