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L.A.R.P L.A.R.P @although · 1.27K subscribers
Post #185 790
💻 They shut down an entire blockchain just to stop one guy mid-robbery

A hacker took $75 MILLION from Tectonic, the biggest lending protocol on Cronos - the chain Crypto com built.

He pumped the TONIC token 100x in 20 minutes. His bag of 364 trillion tokens was suddenly “worth” $375 MILLION on paper, so the protocol happily let him borrow $75 MILLION in real assets against it 💵

Only $6 MILLION made it out before validators pulled the plug on the whole network. The rest froze right where it was 🧊

Now they have to decide, turn the chain back on and let him keep it, or rewind the whole thing.

😀 @ALTHOUGH
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