Tectonic’s $75M exploit was not an oracle failure, RedStone co-founder says

NewsTue, 01 Sep 2026 18:17:02 UTC1 hour ago
Tectonic’s $75M exploit was not an oracle failure, RedStone co-founder says
RedStone has said Tectonic’s estimated $75 million exploit resulted from weak collateral controls rather than an inaccurate oracle after TONIC’s reported price rose about 100-fold in 20 minutes. RedStone co-founder Marcin Kazmierczak told crypto.news that the oracle accurately reported TONIC’s…
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