Cronos halts after $75M price manipulation attack exploit on its largest lending protocol, Tectonic on August 30, 2026. The exploiter bought up illiquid TONIC tokens to inflate their value 100 times and collateralize loans worth $75M to $120M in USDC, USDT, Bitcoin, Ether, and CRO.

Cronos halts after $75M price manipulation attack exploit on its largest lending protocol, Tectonic on August 30, 2026. The exploiter bought up illiquid TONIC tokens to inflate their value 100 times and collateralize loans worth $75M to $120M in USDC, USDT, Bitcoin, Ether, and CRO.

𝕏/@TectonicFi •

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