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Today in crypto, Cronos halted its network after a Tectonic exploit involving an estimated $75 million, with most attacker-controlled assets remaining onchain. Michael Saylor’s “We’re Back” post hints Strategy may resume Bitcoin buying after a two-month pause to strengthen its balance sheet, while Real Trump Coins denied launching or authorizing the Trump Digital GOLD token, blaming “third-party bad actors” for its promotion.
Cronos halted its blockchain after an exploit targeting decentralized lending protocol Tectonic involved an estimated $75 million, most of which remains on the Cronos network at the time of writing.&
On Sunday, Cronos said it identified an exploit in Tectonic and halted the network, promising updates. Tectonic separately warned users not to interact with the protocol while it investigated. Neither project has confirmed the cause or loss, and no restart timeline had been announced at publication.
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