cryptocurrency-security

Cronos confirms $9.2M slipped away before Tectonic exploit rollback

Cronos released a post-mortem report confirming that $9.19 million in cryptocurrency was transferred off its blockchain during the Tectonic exploit before validators halted the network. The incident involved $120.4 million in manipulated borrowing activity, with a rollback recovering most funds but leaving the off-chain transfers irreversible.