Security
Crypto.com-linked Cronos network halts after Tectonic exploit estimated at $75 million
The Block·August 30, 2026·1 min read
Cronos network halted after a Tectonic exploit estimated at $75 million. The attacker manipulated the price of Tectonic's illiquid TONIC token before borrowing against inflated collateral, a Mango Markets-style hack. The network paused operations to contain the damage and investigate.
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