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Crypto.com-linked Cronos network halts after Tectonic exploit estimated at $75 million

Li says the attacker manipulated the price of Tectonic's illiquid TONIC token before borrowing against the inflated collateral, a Mango Markets-style hack.

Zack Abrams

Publisher The Block

Aug 30, 2026 at 6:40 PM UTC · 1 dk okuma

Crypto.com-linked Cronos network halts after Tectonic exploit estimated at $75 million
Image via The Block

Li says the attacker manipulated the price of Tectonic's illiquid TONIC token before borrowing against the inflated collateral, a Mango Markets-style hack.

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Originally reported by The Block

NewsLayer coverage based on externally reported material.

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