Cronos Recovers $111M from Exploit, Leaves $9M Unrecovered

Cronos Network suffered a significant exploit in late August when an attacker manipulated collateral on the Tectonic lending protocol to borrow $120.4 million across nine markets.

The attack was halted after roughly 36 minutes, with block production paused at block 90,907,150. However, by this time, $9.19 million had already left the network and remains unrecovered.

Cronos validators rolled back the chain to the last block before the attack, reversing approximately $111.2 million in borrowed assets that had not yet left the network.