technology
Cronos halts blockchain after $75 million lending exploit hits lending app Tectonic
CoinDeskAugust 31, 2026 · 5:35 AM2 min read
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 validators paused the network.
Originally published on CoinDesk
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 validators paused the network.
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