Updated August 31, 2026 at 04:51 PMCoinCex editorial review
Cronos Restarts Chain by Rolling State Back to Before the Tectonic Exploit
Validators discarded almost 11,000 blocks, erasing the attacker's Cronos balances along with close to two hours of everyone else's transactions. The $6.29 million already bridged to Ethereum is beyond the rollback's reach.
Cronos, a Layer 1 blockchain built on the Cosmos SDK and backed by Crypto.com, said on Monday morning that its network is producing blocks again, and that validators restored the chain's state to a point before the exploit that drained the Tectonic lending protocol on Sunday. Rewinding a live chain... Read the full story at The Defiant
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