Cronos halts blockchain after $75 million lending exploit hits lending app Tectonic

NewsMon, 31 Aug 2026 04:57:13 UTC2 hours ago
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.
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