Cronos halts block production after an attacker inflates TONIC prices to drain Tectonic. Crypto.com confirms funds remain unaffected.

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.