Cronos Network Restarts After $74M Tectonic Exploit

01-Sep-2026 TronWeekly
Cronos NetworkCronos Network has resumed block production after validators halted the blockchain to contain an exploit targeting Tectonic, its largest lending protocol. The attack allegedly manipulated TONIC’s price before using the inflated tokens as collateral, with preliminary estimates placing the potential losses between $66 million and $75 million.
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