Cronos halted its network after a Tectonic exploit involving an estimated $75 million, with most attacker-controlled assets remaining onchain.

Cronos validators halted block production after a $75M exploit drained Tectonic lending protocol through TONIC token price manipulation, trapping

Li says the attacker manipulated the price of Tectonic's illiquid TONIC token before borrowing against the inflated collateral, a Mango Markets-style hack.