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

Ethereum Signals Bullish Reversal via Key MVRV Metric

Antonio M. Foster

Why Is Bitcoin Price Not Moving? Raoul Pal Explains ‘Largest Liquidation Event in History’

Antonio M. Foster

Will Aave Users Get Their Money Back? One Analyst Has a Plan for Kelp’s $230M Debt

Antonio M. Foster