Flash News: The Shield: Tectonic.cro Protocol Hacked, Total Loss Around $74 million, Cronos Halts Entire Network

BlockBeats News, August 31st, according to PeckShield monitoring, the Cronos Network ecosystem DeFi protocol was hacked, with a total loss of approximately $74 million. Cronos has temporarily halted the entire network.

It is reported that the attacker was only able to bridge about $6 million to Ethereum before the pause, with the remaining approximately $60 million still trapped on Cronos.