Cronos Network ( $CRO ) is back online and producing blocks after temporarily halting the chain following the Tectonic exploit.
The network was paused as a precaution while the team worked to protect users and investigate the incident.
A full postmortem is expected soon, which should give more clarity on what happened, how the exploit worked, and what changes will be made to prevent another incident.
$VIRTUAL ( @Virtuals ) is building an entire NATION for AI agents… hehehee
Their bigger vision is an economy where agents can have identities, wallets, payments, jobs and even financial activity without needing a human to handle every transaction.
My attention was drawn to the claim of an AI-only company that is built on it has reportedly generated $200K in revenue with zero human employees… (yet to identify the company but damn, its bullish if true)
If agents can actually earn, spend, hire and transact on their own, crypto could become the financial layer for a new machine economy.
Cronos $CRO ( @CronosApp ) interrompeu a rede após uma violação de segurança atingir a Tectonic, seu maior protocolo de empréstimos.
O CEO da Crypto(.)com, Kris Marszalek, confirmou o incidente e disse que o aplicativo e a exchange da Crypto(.)com não foram afetados, enquanto sua equipe de segurança está ajudando na investigação.
O valor afetado ainda está sendo investigado, com estimativas atuais na cadeia (on-chain) variando de cerca de US$ 75 milhões a US$ 119,5 milhões.
Por enquanto, os usuários da Tectonic devem evitar interagir com o protocolo até que a investigação seja concluída.
According to Fidelity’s Jurrien Timmer, breaking above this level could confirm a double-bottom pattern and give the recovery a stronger technical setup.