Crypto.com-linked Cronos network halts after Tectonic exploit estimated at $75 million
The Cronos network experienced an exploit on the Tectonic protocol, with an estimated $75 million lost. The attacker reportedly manipulated the price of the TONIC token to borrow against inflated collateral.
- Estimated loss
- $75,000,000
- Protocols
- Tectonic
- Chains
- Cronos
- Confidence
- High
- First seen
- 30 Aug 2026, 19:00 UTC