Cronos says $9.19M remains unrecovered after $120M Tectonic exploit
Cronos says $9.19M remains unrecovered after $120M Tectonic exploit
Cronos says $9.19 million remains unrecovered after an attacker borrowed $120.4 million from Tectonic using manipulated TONIC collateral.Validators rolled back 10,961 blocks covering nearly two hours of transactions, restoring roughly $111.2 million in affected value.The attacker moved 7.6% of the affected funds off Cronos before the network was halted, putting them beyond the rollback.Cronos resumed block production around 11 hours after the attack and continues reconciliation work with exchanges, bridges and other platforms.