Cronos Blockchain Pauses After Tectonic Lending Exploit, $119.5M at Risk

The post Cronos Blockchain Pauses After Tectonic Lending Exploit, $119.5M at Risk appeared first on Coinpedia Fintech News

Cronos Network has paused operations after an exploit hit Tectonic, its lending protocol, with on-chain analysis estimating that about $119.5 million was drained from lending pools.  Tectonic has not confirmed the final loss, but its team is investigating as users are warned not to interact with the protocol. Tectonic Exploit Puts $119.5M in Pools at …