Cronos validators erased 10,000 blocks to reverse the Tectonic exploit, saving $69 million in frozen assets while sparking a fierce debate about whether a blockchain…
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.
Crypto.com promoted Tectonic until it almost drained tens of millions of dollars from its Cronos blockchain. The post Crypto.com-promoted Tectonic forces Cronos to halt,…
On August 30, Cronos stopped producing blocks after Tectonic, the network's main lending market, was emptied through a price-and-borrow sequence rather than a novel…
CrowdFundInsider2 d agoMarkets↗ crowdfundinsider.com
The Cronos blockchain, the layer-1 network closely associated with Crypto.com, stopped producing blocks on Sunday, August 30, 2026, after an exploit hit Tectonic, the…
CrowdFundInsider2 d agoMarkets↗ crowdfundinsider.com
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…
The exploit highlights vulnerabilities in DeFi protocols, emphasizing the need for stronger safeguards against price manipulation to protect assets. Tectonic exploit…
Li says the attacker manipulated the price of Tectonic's illiquid TONIC token before borrowing against the inflated collateral, a Mango Markets-style hack.
The Cronos network halt highlights vulnerabilities in DeFi protocols, emphasizing the need for robust security measures to prevent future exploits. Cronos network halts…
Cronos stopped its entire blockchain on Sunday after an attacker drained Tectonic, the biggest lending protocol on the network. Crypto.com said its own app and exchange…
TMTG's crypto losses highlight the volatility and risks of digital asset strategies, prompting a strategic pivot towards fusion energy ventures. Trump Media reports…
Crypto Briefing22 d agoMarkets↗ cryptobriefing.com