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TechCronos halts blockchain after $75mn lending exploit hits Tectonic

An attacker allegedly drove the thinly traded TONIC token up 100-fold, then used it as collateral to borrow real assets. Most funds were left stranded after Cronos validators paused the network, in an exploit valued at $75mn.

blockchaincryptocurrencycyberattack

CCoinDesk★★☆☆☆2026-08-31 04:57Original

Cronos halts blockchain after $75mn lending exploit hits Tectonic
Cronos halts blockchain after $75mn lending exploit hits TectonicTech