Crypto.com's Cronos Halts Entire Blockchain After $75M Tectonic Exploit
Some $6 million reached Ethereum before validators froze the chain, stranding the rest on a network that still is not producing blocks.
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Coin · CRO · 53 articlesCoverage, page 2
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Cronos crypto faces KEY test after Tectonic’s $75M exploit – Will CRO hold?
Tectonic exploit drained $75M via TONIC manipulation, exposing liquidity risks despite Cronos halting transfers.
AMBCrypto•Muriuki Lazaro31 Aug
Tectonic exploit drains $6M from Crypto.com-linked Cronos blockchain before validators pull the emergency brake
The exploit highlights vulnerabilities in DeFi protocols, emphasizing the need for stronger safeguards against price manipulation to protect assets.
CryptoBriefing•Editorial Team31 Aug
Cronos Network Halts Blockchain After Tectonic Lending Protocol Exploit
Cronos halted its blockchain following an exploit on the Tectonic decentralized lending protocol estimated at $75 million, with the majority of funds remaining on the network.
The Daily Hodl•Daily Hodl Agent31 Aug
Tectonic Exploit Forces Cronos to Halt: $75M at Risk
The Cronos network has been halted following a major exploit targeting Tectonic, the DeFi lending protocol that held approximately $121.6 million in total value locked, roughly 46% of all Cronos DeFi TVL, before the attack hit. The attacker targeted TONIC, Tectonic’s illiquid governance token, and drove its price up approximately
TheNewsCrypto•Sarayu Krishna31 Aug
Cronos Halts Network as Tectonic Faces Mango-Style Attack: $75M in Assets Reportedly Affected
Tectonic's assets plunged from about $121 million to $3 million after an exploit targeted its thinly traded TONIC token.
Cronos halts blockchain after $75M Tectonic exploit
Cronos halted its blockchain after a Tectonic exploit affected an estimated $75 million, with most identified assets remaining on the network.
Cronos halts blockchain after $75 million lending exploit hits lending app Tectonic
CoinDesk•Shaurya Malwa31 Aug
Cronos halts network after Tectonic exploit involving estimated $75M
Crypto.com CEO Kris Marszalek said the company’s app and exchange were unaffected by the Tectonic breach and continued operating normally.
Cointelegraph•Cointelegraph by Ezra Reguerra31 Aug
Cronos Network pauses following Tectonic lending protocol exploit
The Cronos network halt highlights vulnerabilities in DeFi protocols, emphasizing the need for robust security measures to prevent future exploits.
CryptoBriefing•Editorial Team30 Aug
Crypto.com-linked Cronos network halts after Tectonic exploit estimated at $75 million
Li says the attacker manipulated the price of Tectonic's illiquid TONIC token before borrowing against the inflated collateral, a Mango Markets-style hack.
The Block•Zack Abrams30 Aug
Cronos Blockchain Stops After Reported $75 Million Hack Attempt
Cronos halted its blockchain after the Tectonic exploit, trapping most of the stolen funds before they could escape.
BeInCrypto•Lockridge Okoth30 Aug
Hyperliquid (HYPE) Hits New All-Time High, Bitcoin (BTC) Cools Off: Weekend Watch
TRUMP, CRO, and WLD have dumped the most during the Sunday correction.
Cronos (CRO) Rises 5% Daily Following Major Ecosystem News: Details
Further increase or a move south: what's next for CRO?
Trump Media reports $361M crypto loss as Bitcoin and Cronos holdings crater
TMTG's crypto losses highlight the volatility and risks of digital asset strategies, prompting a strategic pivot towards fusion energy ventures.
CryptoBriefing•Editorial Team11 Aug
Trump Media records $360.6 million unrealized loss on digital assets in first half of the year
Trump Media recorded a $360.6M unrealized digital-asset loss in H1. Its directly held BTC and CRO were worth $597.7M at June 30.
The Block•Brian Danga11 Aug
Is a crisis brewing at Crypto.com?
Crypto.com slashed cardholder rewards while customers’ CRO stayed locked and a multi-billion dollar Trump-affiliated deal collapsed.
Protos•Aaron Wise10 AugA
Cronos drops below $0.053 support following collapse of Trump Media treasury partnership
The CRO crypto reaction has been brutally bearish. The price action and technical indicators highlighted overwhelming seller strength.
AMBCrypto•Akashnath S10 Aug
Trump Media killed the CRO treasury deal, and the entire crypto treasury boom may be next
Trump Media and Technology Group terminated its planned Cronos treasury venture with Crypto.com and Yorkville on August 7. The retreat signals that the corporate crypto treasury thesis, built on the premise that holding tokens is a balance sheet strategy, is…
Trump Media, Crypto.com end $6.42B CRO treasury deal
Trump Media ended its $6.42B CRO treasury combination and dropped direct Truth Social prediction integration as it shifts focus to TAE.