← All stories
Security 1 sources

Cronos Post-Mortem Confirms $9.2M Lost Before Tectonic $120M Rollback

Covered by 1 source · 1 article

Cronos has confirmed that about $9.2 million in funds left the network before it could roll back a major exploit involving DeFi lending protocol Tectonic. The attacker manipulated the price of Tectonic’s TONIC token, making it appear far mo…

Covered by

All coverage

Cronos Post-Mortem Confirms $9.2M Lost Before Tectonic $120M Rollback
DeFi Planet 52m ago

Cronos Post-Mortem Confirms $9.2M Lost Before Tectonic $120M Rollback

Cronos has confirmed that about $9.2 million in funds left the network before it could roll back a major exploit involving DeFi lending protocol Tectonic. The attacker manipulated the price of Tectonic’s TONIC token, making it appear far mo…