The Cronos blockchain has been halted following a major exploit on the Tectonic DeFi protocol. According to on-chain data, the attacker moved around $6 million to Ethereum. Another $60 million was frozen by the Cronos team. Funds on Crypto.com are safe—this was not an exchange hack.

What Went Down

The Cronos team paused the network after Tectonic was compromised. The hacker managed to bridge some funds to Ethereum, confirmed by on-chain sleuths: about $6 million was siphoned out.

How Cronos and Tectonic Responded

After the incident, the Cronos team reported freezing roughly $60 million on-chain. Locking these funds limits the attacker’s access and helps contain the damage for Tectonic users.

Crypto.com and CRO Token Status

Crypto.com is operating normally—user funds on the app are untouched, and the exchange itself wasn’t breached. The incident is isolated to the Cronos ecosystem and related projects, including the CRO token.