Web3 & DeFi Security1 September 2026
Cronos Halts Its Entire Chain to Reverse a $75M Tectonic Exploit
An attacker pumped Tectonic's governance token 100x in 20 minutes to borrow against phantom collateral. Cronos validators froze the whole chain and rolled it back to claw the funds back — trading decentralization for recovery.
defiweb3-securitysmart-contracts