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Security3 DAYS AGO

Crypto.com-linked Cronos network halts after Tectonic exploit estimated at $75 million

Compiled by KoinLens from 2 sources

Importance 63Bearish* Trust 91 · 2 sources4.1Market Impact: 4.1/10 · Moderate
The higher the score out of 10, the bigger the expected impact on the market. Heuristic estimate — not financial advice.
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.

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