SecurityBleepingComputerabout 2 hours ago
Cronos blockchain restarts after $74 million Tectonic exploit
1 min read
Cronos blockchain resumed block production after a price-manipulation attack on Tectonic let an attacker borrow $74 million. The attacker inflated TONIC's price 100 times in 20 minutes, stealing about $6 million in Ethereum. Tectonic's total value locked dropped to under $3 million.
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