Cronos Revises Estimated Loss to Tectonic Exploit to $120.4 Million

Cronos has revealed that the Tectonic exploit affected $120.4 million in funds, significantly more than the initially estimated $75 million.

The blockchain network reported that it recovered $111.2 million, or about 92%, of the affected funds after validators rolled back nearly two hours of transaction history.

About $9.19 million, or 7.6% of the total, had left the Cronos network before it was halted and remains unrecovered.