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Cronos halts blockchain after $75 million lending exploit hits lending app Tectonic

An attacker allegedly pushed Tectonic’s thinly traded TONIC token up 100-fold, used it as collateral to borrow real assets and left most funds stranded when Cronos validators paused the network.

Cronos halts blockchain after $75 million lending exploit hits lending app Tectonic

We haven't written up this one. CoinDesk has the full story — the link below goes straight to it.

Read the original at coindesk.com →

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