Cronos halted its entire chain after a Tectonic attacker allegedly inflated the thinly traded $TONIC token 100 fold, borrowed roughly $75 million against it, and left users unable to move funds.
Halting may limit damage, but rolling back or freezing a blockchain shows finality and neutrality depend on a small group’s discretion. That is a serious tradeoff, not just an emergency feature. $CRO
We identified an exploit in Tectonic.
The Cronos Network has been halted and we'll provide updates here
Aug 31, 2026 · 12:11 PM UTC
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