BNB$711.66+0.90%BRENT$107.38-0.23%BTC$76,785-0.20%COPPER$6.46-0.12%DJI$52,064-0.60%DOGE$0.0832+0.85%DXY99.03-0.01%ETH$2,450-0.17%GOLD$4,333+0.36%NDX$29,104-1.08%SILVER$63.61+0.09%SOL$98.94-0.17%SPX$7,592-0.58%US10Y4.94+2.21%VIX17.84+13.49%BNB$711.66+0.90%BRENT$107.38-0.23%BTC$76,785-0.20%COPPER$6.46-0.12%DJI$52,064-0.60%DOGE$0.0832+0.85%DXY99.03-0.01%ETH$2,450-0.17%GOLD$4,333+0.36%NDX$29,104-1.08%SILVER$63.61+0.09%SOL$98.94-0.17%SPX$7,592-0.58%US10Y4.94+2.21%VIX17.84+13.49%
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·Confidence 90%·Breaking

Cronos Network Suspends Operations After $75 Million Hack

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Key takeaways

  • The Cronos network has halted following a $75 million exploit involving Tectonic's TONIC token, where the attacker inflated prices to borrow against collateral.
#Crypto#DeFi#Security

Analysis

The Cronos network has halted following a $75 million exploit involving Tectonic's TONIC token, where the attacker inflated prices to borrow against collateral.

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