Tectonic Suffers ~$74M Loss After Attack, Cronos Pauses All Chains
PeckShieldAlert monitoring indicates that Tectonic was attacked on the Cronos Network, resulting in total losses of approximately $74 million. Following the incident, Cronos has halted the entire chain. Prior to the halt, the attacker successfully bridged only about $6 million to Ethereum, while the remaining approximately $60 million remains stranded on Cronos, with an additional $8 million in funds held in Cronos addresses.