Cronos says $9.2 million remains unrecovered after Tectonic exploit, chain rollback
A subsequent rollback reversed roughly $111.2 million, but $9.19 million had already left the chain and remains unrecovered, Cronos says.
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.
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- Cronos confirms $9.2M slipped away before Tectonic exploit rollback cointelegraph.com