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Cronos Blockchain Halted After $75 Million Exploit Targets Tectonic Lending Protocol
By Trader Edge at 2026-09-14 03:10
Sentiment: Negative
TLDR An attacker manipulated the price of the TONIC token 100-fold in 20 minutes to exploit Tectonic, Cronos’s largest lending platform The attacker used inflated TONIC as collateral to borrow real assets, with losses estimated at around $75 million Cronos halted its entire blockchain to stop the attack, a move possible due to its small [...] The post Cronos Blockchain Halted After $75 Million Exploit Targets Tectonic Lending Protocol appeared first on CoinCentral. Continue reading...
Categories: Analysis
Tags: #Analysis #News
Source Coin Central