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Cronos confirms $9.2M slipped away before Tectonic exploit rollback

Cronos’s post-mortem put the Tectonic exploit’s affected borrowing at $120.4 million, with 7.6% transferred off-network before validators intervened.

Cronos confirms $9.2M slipped away before Tectonic exploit rollback

Cronos has disclosed that $9.19 million of funds were moved off its blockchain before intervention during the Tectonic exploit. According to the post-mortem report, the total affected borrowing amounted to $120.4 million, with 7.6% transferred off-network. Validators halted the network during the exploit, restoring operations after balances were recovered. The incident, initially estimated at around $75 million, now has an official accounting of the funds that could not be reversed.

Written by urgent.news from Cointelegraph's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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