Predictions, Analysis
Cronos Network Halts After Tectonic Exploit Estimated at $75M
The Cronos Network halted block production after an exploit hit Tectonic, its largest DeFi lending protocol. On-chain researcher Weilin Li initially estimated that about $66 million in assets were affected and later raised the figure to roughly $75 million after identifying another attacker-controlled address. The attack appears to have involved a rapid manipulation of Tectonic’s […]