2 sourcesTracking since 30 Aug, 18:40
Crypto.com-linked Cronos network halts after Tectonic exploit estimated at $75 million
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First seen30 Aug, 18:40Crypto.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 Abrams
Latest31 Aug, 03:25Cronos 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 Reguerra