Cronos reportedly restarts trading after alleged $74M Tectonic exploit
INTERNETUnverifiedUpdated:
Cronos blockchain has reportedly resumed trading. The restart follows an alleged price-manipulation attack on Tectonic that allowed an attacker to borrow $74 million.
Trading resumes after a reported price-manipulation attack
A reported price-manipulation attack on Tectonic allowed an attacker to borrow $74 million. After that incident, the Cronos blockchain network reportedly resumed trading activity.
Trading activity on the Cronos blockchain was reportedly not running before the restart.
Cronos reportedly resumed trading after the alleged exploit involving Tectonic.
The reported shift from halted trading to resumed activity follows an alleged incident involving a large cryptocurrency borrowing amount.
Sources
- BleepingComputerCronos blockchain restarts after $74 million Tectonic exploitRead source →