Cronos Unable to Recover $9.2 Million Following Tectonic Protocol Attack
The Cronos team reported that while $111.2 million was recovered following an attack on the Tectonic lending protocol, $9.2 million remains unrecovered after being moved off-network. To address the incident, validators rolled back the network by 10,961 blocks, approximately two hours, which resulted in the reversal of unrelated transactions. The network resumed operations after an 11-hour outage.
Summaries are written by AI from the original article. Not investment advice.