Source: CoinDesk ↗
Cronos halts blockchain after $75 million lending exploit hits lending app Tectonic
What the source reports
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.
Read the original report on CoinDesk ↗Live market context
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