Cronos Restarts Network After Emergency Halt over Tectonic Exploit
8 Articles
8 Articles
Cronos restarts network after emergency halt over Tectonic exploit
Cronos has resumed block production after validators halted the network during an exploit targeting Tectonic and restored the chain state to a point before the attack. Cronos Network said the blockchain was fully back online after the validator set coordinated…
Cronos validators erase transaction history to contain massive $75 million lending protocol exploit
The network-wide pause appears to have kept most affected assets on-chain, but users still lack a restart timetable or official accounting. The post Cronos validators erase transaction history to contain massive $75 million lending protocol exploit appeared first on CryptoSlate.
Cronos Network Restarts After $74M Tectonic Exploit
Cronos Network has resumed block production after validators halted the blockchain to contain an exploit targeting Tectonic, its largest lending protocol. The attack allegedly manipulated TONIC’s price before using the inflated tokens as collateral, with preliminary estimates placing the potential losses between $66 million and $75 million.
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