Cronos confirms $9.2M slipped away before Tectonic exploit rollback

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Cronos confirmed that $9.19 million left its blockchain before validators halted the network during the Tectonic exploit. The post-mortem reveals that manipulated collateral values generated approximately $120.4 million in borrowing activity. Restoring the network to its pre-exploit state reversed approximately $111.2 million, leaving 7.6% of affected funds outside the network. The total scope of the incident is significantly higher than earlier estimates of approximately $75 million.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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