Cronos resumed block production after restoring the chain to its pre-exploit state from block 90,896,189. The exploit targeted Tectonic, a decentralized lending protocol on the Cronos chain, with approximately $75 million affected according to an on-chain researcher. The attacker manipulated the TONIC token to inflate its price and use it as collateral to borrow other assets from the protocol. Only about $6 million was bridged to Ethereum before the network halt. Crypto.com and its exchange were unaffected, but a complete postmortem remains pending.
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