An Estimated $75 Million Was Exposed, Then Cronos Pulled the Emergency Brake
Cronos halted its entire network after an exploit in Tectonic. The incident turns a DeFi collateral failure into a test of chain-wide emergency governance.
Blockchain Security
The Keys Were Safe. BounceBit Still Lost Control of the Ledger.
BounceBit is retiring its Layer 1 after a protocol authorization flaw moved 286.5 million BB without stealing keys or forging signatures. The failure sat inside the ledger's authority model.