Updated August 31, 2026 at 10:01 AMCoinCex editorial review
Cronos halts blockchain after $75 million lending exploit hits lending app Tectonic
#Tech News
An attacker allegedly pushed Tectonicβs 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.
How this page was created
This page was derived from source reporting with automated structuring or translation and reviewed for publication by CoinCex.
Original source
CoinDesk: Bitcoin, Ethereum, Crypto News and Price DataβNext recommended reading
[Pre-Market Check] Futures Fall on Powell Investigation; Risk Aversion Spreads
New York markets are preparing to open under tension. Reports of a criminal investigation into the Federal Reserve Chair
news
Standard Chartered Expands Digital Asset Business, Targets Institutional Investors
Standard Chartered is reportedly preparing a prime brokerage service to expand digital asset trading. This move aligns w
news
Dollar, Treasuries, and Equities Weaken Together. US Asset Appeal Declines Amid Fed Controversy.
The conflict between President Trump and Fed Chair Powell is resurfacing. This tension reduces the investment appeal of
news
