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PeckShield: Tectonic.cro protocol hacked, total losses hit ~$74 million, Cronos suspends entire network

5 days ago

According to PeckShield's monitoring, a DeFi protocol in the Cronos Network ecosystem was hacked, causing total losses of approximately $74 million. In response, Cronos has suspended its entire network. It is reported that the attacker only successfully bridged around $6 million to Ethereum before the suspension, while the remaining roughly $60 million remains trapped on Cronos.

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