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Crypto News Today: Cronos Reverses $111M Hack as Pepeto, ETH and BTC Shape September

The top crypto story today starts with a move that has never happened on a major chain. Cronos rolled back its own blockchain on September 8 to recover $111 million stolen in a lending hack, per CoinDesk. The same day, Tom Lee’s Bitmine…

techbullion.com

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Sep 12, 2026 at 12:29 AM UTC · 4 분 소요

Crypto News Today: Cronos Reverses $111M Hack as Pepeto, ETH and BTC Shape September
Image via techbullion.com

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bitcoin, ethereum

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The top crypto story today starts with a move that has never happened on a major chain. Cronos rolled back its own blockchain on September 8 to recover $111 million stolen in a lending hack, per CoinDesk. The same day, Tom Lee’s Bitmine bought another $69 million of ETH, making it one of the largest repeat buyers in 2026, per CoinDesk.

One chain reversed time to save stolen funds. Another firm added $69 million to its ETH stack. The crypto news today is showing two things at once: risk is real, and so is the money flowing in. For traders who want to be early, the presale window is where the math works. Pepeto passed $10.9 million raised with its exchange already live and processing real trades.

What Happened in the Cronos Hack and the Bitmine ETH Buy?

Cronos halted its entire chain and reversed trades to undo $111 million in damage from a lending app hack, per CoinDesk Sept 8. The rollback is the largest of its kind and has drawn sharp debate about whether a chain should ever rewrite its own history.

On the same day, Bitmine added $69 million in ETH to its treasury, per CoinDesk. Tom DeMark, the firm’s chart analyst, said he expects the price trend to turn upward soon. The crypto news today shows capital flowing into ETH from a firm that owns nearly 5% of total supply. That is not a guess. That is a bet with real money behind it.

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Ethereum

ETH

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+0.41% (24H)

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$307.7B

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$6.9B

24H High

$2,545

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