đš $75M CRYPTO EXPLOIT
A hacker reportedly drained around $75M from Tectonic, a Cronos-based lending protocol.
The attacker allegedly pumped TONIC 100Ă, then used the inflated tokens as collateral to borrow other assets.
âïž Cronos halted the blockchain, leaving about $69M trapped on-chain.
The $75M estimate has not yet been independently confirmed.
#Crypto #Cronos #DeFi
A hacker reportedly drained around $75M from Tectonic, a Cronos-based lending protocol.
The attacker allegedly pumped TONIC 100Ă, then used the inflated tokens as collateral to borrow other assets.
âïž Cronos halted the blockchain, leaving about $69M trapped on-chain.
The $75M estimate has not yet been independently confirmed.
#Crypto #Cronos #DeFi
