CryptoCom-linked Cronos network has been halted due to an attack on the lending protocol Tectonic. On-chain researcher Weilin Li estimated that the attacker pumped the low-liquidity TONIC price by about 100x within roughly 20 minutes, then used it as collateral to borrow other assets. The total amount involved is approximately $75 million, with around $6 million already bridged to Ethereum. Most of the remaining assets couldn't be transferred out due to the Cronos network halt. Tectonic has yet to confirm the exact loss amount or the root cause of the attack. CryptoCom CEO Kris Marsalek stated that the CryptoCom App and exchange were not affected, and their security team is assisting with the investigation. (TheBlock) https://(wublock123.com)/news/news-67481