Security

Cronos Network Back Online After $74 Million Tectonic Exploit; Company Says ‘Funds Safe’

Coinpedia·August 31, 2026·1 min read

Cronos Network resumed block production Sunday at 23:49 UTC after validators halted the chain to stop an exploit on lending protocol Tectonic. The company says funds are safe. The shutdown was a validator-consensus emergency action to protect users from further damage.

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