Cronos halts blockchain after $75 million lending exploit hits lending app Tectonic

By Dhallo News · August 31, 2026 at 10:27 AM IST

Source: 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.

Original reporting: CoinDesk

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Cronos halts blockchain after $75 million lending exploit hits lending app Tectonic

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