TechDeFi protocols lose $83 million in attacks regulators had warned about
Attackers exploited thinly traded tokens to inflate collateral values and borrow liquid assets from the DeFi lenders Tectonic and Moonwell. The Tectonic incident on Cronos affected about $75 million, while Moonwell was left with roughly $9.1 million in residual debt. Cronos halted block production as it investigated.
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CryptoSlate★★☆☆☆2026-08-31 13:45Original
DeFi protocols lose $83 million in attacks regulators had warned about
Tech