[Tectonic: Approximately $9.19 million remains unrecovered, plans to phase out low-liquidity tokens as eligible collateral] Golden Finance reported that on September 8, Cronos lending protocol Tectonic released a report on the attack incident. On August 30, attackers manipulated the price of the governance token TONIC and used the inflated valuation as collateral to borrow assets with a nominal value of $120.4 million across multiple markets in a single transaction. Cronos subsequently suspended the network and rolled back the state. Before the network suspension, attackers had already transferred approximately $9.19 million across chains, which remains unrecovered. The root cause of the attack was that TONIC could be borrowed and then deposited back as collateral within the same transaction, with a collateral rate of 20% based on spot pricing, lacking a cap tied to market depth and checks for sudden price surges. Additionally, the team plans to gradually phase out low-liquidity tokens that are difficult to price as eligible collateral and set borrowing limits for each market. Specific details will be announced once the implementation plan is finalized. Currently, the team is working with forensic agencies, law enforcement, stablecoin issuers, exchanges, and cross-chain bridges to recover the funds.