Validators rolled the chain back after the Tectonic lending protocol exploit.
Cronos validators rolled the blockchain back to its pre exploit state to contain damage from the Tectonic incident. The restart erased recent transaction history on the network. An onchain researcher estimates about $75M was affected though Cronos has not confirmed the loss. Some bridges RPCs and explorers remain in recovery. The action restored the chain to its condition before the lending protocol exploit took place and brought operations back online.
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Validators rolled the chain back after the Tectonic lending protocol exploit.
Cronos validators rolled the blockchain back to its pre exploit state to contain damage from the Tectonic incident. The restart erased recent transaction history on the network. An onchain researcher estimates about $75M was affected though Cronos has not confirmed the loss. Some bridges RPCs and explorers remain in recovery. The action restored the chain to its condition before the lending protocol exploit took place and brought operations back online.
CryptoSlate@CryptoSlate🔐 SECURITY: Cronos restarted after validators rolled the chain back to before the Tectonic exploit. An onchain researcher estimates about $75M was affected, but Cronos has not confirmed the loss. Some bridges, RPCs and explorers are still recovering.
CryptoSlate@CryptoSlate🔐 SECURITY: Cronos restarted after validators rolled the chain back to before the Tectonic exploit. An onchain researcher estimates about $75M was affected, but Cronos has not confirmed the loss. Some bridges, RPCs and explorers are still recovering.
