Cronos Erased Two Hours of Transactions to Reverse $111 Million DeFi Exploit
60-second summary
Cronos erases two hours of blockchain activity to reverse a $111 million DeFi exploit, rolling back both malicious and legitimate transactions; the network recovers most funds but $9.19 million stays unrecovered, according to Cronos officials.
The rollback reversed legitimate activity alongside the attack, while $9.19 million remains unrecovered, according to Cronos.