Altcoinist
Image default
Crypto News

Cronos Blockchain Pauses After Tectonic Lending Exploit, $119.5M at Risk

Wasabi Protocol Exploited for $5M+

The post Cronos Blockchain Pauses After Tectonic Lending Exploit, $119.5M at Risk appeared first on Coinpedia Fintech News

Cronos Network has paused operations after an exploit hit Tectonic, its lending protocol, with on-chain analysis estimating that about $119.5 million was drained from lending pools.  Tectonic has not confirmed the final loss, but its team is investigating as users are warned not to interact with the protocol. Tectonic Exploit Puts $119.5M in Pools at …

Related posts

Expert Says High Inflation and Midterms Could Push Bitcoin, Ethereum and XRP Prices Lower

Antonio M. Foster

CoinShares: Quantum Computing Threat to Bitcoin Is ‘Manageable,’ Not Immediate

Antonio M. Foster

Big Breaking: SEC Chair Atkins Says CLARITY Act Will Pass And Trump Will Sign It

Antonio M. Foster