Cronos says $9.2 million remains unrecovered after Tectonic exploit, chain rollback
60-second summary
Cronos reports that after a chain rollback reversed approximately $111.2 million stolen in the Tectonic exploit, about $9.19 million had already exited the network and remains unrecovered, according to the platform’s statement. The lingering loss underscores persistent security risks in DeFi protocols, prompting investors to scrutinize risk controls while potentially dampening confidence in similar blockchain ecosystems.
A subsequent rollback reversed roughly $111.2 million, but $9.19 million had already left the chain and remains unrecovered, Cronos says.