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Crypto· DeFi

Cronos Erased Two Hours of Transactions to Reverse $111 Million DeFi Exploit

Cronos, the Crypto.com–backed blockchain, erased nearly two hours of transaction history to undo about $111.2 million tied to an exploit on the Tectonic lending protocol, the network said in a post-mortem. Validators stopped the chain, rolled back 10,961 blocks and restored state, but roughly $9.19 million that left Cronos before the halt remains unrecovered.

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