Cronos said on Monday morning that its network is producing blocks again, and that validators restored the chain's state to a point before the exploit that drained the Tectonic lending protocol on Sunday.

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.