Cronos confirms $120.4M Tectonic exploit, rollback recovers $111.2M but $9.19M unrecovered

@The_NewsCrypto

🚨 LATEST: Cronos Says $120.4M Exploit Was Largely Reversed ⚡ Cronos says an attacker used manipulated collateral to borrow $120.4M during the Aug. 30 exploit before validators halted the network. ⚡ A subsequent rollback reversed roughly $111.2M, while $9.19M had already left https://t.co/bsjokR7Pha

@BSCNews

Cronos Reverses $111M After Aug. 30 Exploit Cronos (@CronosNetwork) says an attacker manipulated collateral values to borrow about $120.4 million from Tectonic on Aug. 30. Cronos validators halted the network at 14:32 UTC to protect remaining user funds. The chain was restored https://t.co/IgptWB2hXM

@TheBlockCo

THE BLOCK: Cronos confirmed in a post-mortem that an attacker used manipulated collateral to borrow $120.4 million in the Aug. 30 exploit before validators halted the network. A subsequent rollback reversed roughly $111.2 million, but $9.19 million had already left the chain and https://t.co/dIMZ8zCDtc

@crypto_banter

🚨$9.19M STILL GONE AFTER CRONOS ROLLBACK! @TectonicFi said the Aug. 30 attacker pumped tectonic:native and borrowed $120.4 million against the fake collateral in one shot. @CronosNetwork halted the chain and rolled it back, reversing about $111.2 million. $9.19 million had https://t.co/T0vYEUClMk

@The_Ref_io

CRONOS SAYS 9.2M UNRECOVERED AFTER EXPLOIT > The Block

@TuncaIchizo

Cronos ağından çalınan 9.19 milyon dolar, Tectonic protokolündeki güvenlik açığı sonrası geri alınamadı.

@LeJournalDuCoin

❌ Cronos confirme qu’environ 9,2 millions $ restent irrécupérables après l’attaque de Tectonic survenue le 30 août. ➡️ L’attaquant avait manipulé le prix du token $TONIC pour emprunter 120,4 millions $ avant que les validateurs ne stoppent le réseau. https://t.co/flBSGVDUIW

@wublockchain12

据 Tectonic 官方事故复盘，8 月 30 日攻击者利用 TONIC 市场流动性较薄的缺陷，在单笔交易中 98 次循环借入并重新抵押 TONIC，随后将预言机报告的 TONIC 抵押价值推高约 195 倍，最终从 9 个借贷市场借出名义价值约 1.204 亿美元资产。Cronos