Cronos halted its blockchain after an exploit on Tectonic, the network’s largest lending protocol.
Researchers estimate about $75 million in assets were affected after TONIC was inflated roughly 100 times in 20 minutes and used as collateral.
PeckShield put losses near $74 million. Only about $6 million was bridged to Ethereum before the halt.
Cronos later rolled back state and resumed block production from height 90896189. Crypto.com said its exchange and app were not compromised.
Researchers estimate about $75 million in assets were affected after TONIC was inflated roughly 100 times in 20 minutes and used as collateral.
PeckShield put losses near $74 million. Only about $6 million was bridged to Ethereum before the halt.
Cronos later rolled back state and resumed block production from height 90896189. Crypto.com said its exchange and app were not compromised.
