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Latest Cronos News
News
Cronos has confirmed that $9.19 million remains unrecovered after an attacker borrowed $120.4 million from Tectonic, while a validator-backed rollback reversed roughly $111.2 million in affected value. According to a post-mortem published by Cronos on Monday, the attacker manipulated the…
Recap
In this week’s edition of the weekly recap, Polymarket pursued a $1 billion funding round at a proposed $21 billion valuation, while Cronos reversed its blockchain after a $75 million exploit. U.S. spot Bitcoin ETFs also posted their strongest daily…
News
Cronos has resumed block production after validators halted the network during an exploit targeting Tectonic and restored the chain state to a point before the attack. Cronos Network said the blockchain was fully back online after the validator set coordinated…
News
Crypto hacks reached 50 in August, causing an estimated $136.3 million in losses as Tectonic accounted for more than half, PeckShield said.