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Project

Cronos

EVM-compatible layer-1 blockchain built on the Cosmos SDK and Tendermint, closely tied to Crypto.com. Its native token is CRO.

Known aliases

  • CRO
  • Cronos blockchain
  • Cronos chain
  • Cronos network

Current stories

investConfirmed5 publishers

Cronos halted its own chain to keep $60M of the Tectonic drain within reach

An attacker pumped TONIC roughly 100x in twenty minutes and borrowed against it, which is the 2022 Mango playbook run again, and the only reason most of the money stayed reachable is a validator cap of 100.

Perspective Coverage

5 publishers
Builder
Builder 32%
Operator
Operator 37%
Investor
Investor 31%

Reality

Evidence62
Adoption40
Hype gap+10
Incentives35
Confidence60
securityConfirmed3 publishers

Cronos validators halted the chain to strand $68m of a $74m Tectonic borrow

A 20-minute push on TONIC's price bought the attacker $74 million in borrows against it, but only about $6 million reached Ethereum before Cronos stopped producing blocks and rewound its own state.

Perspective Coverage

3 publishers
Builder
Builder 22%
Operator
Operator 50%
Investor
Investor 28%

Reality

Evidence68
Adoption12
Hype gap+20
Incentives50
Confidence62
investOne report1 publisher

Cosmos Hub validators rewrite chain state to pull 1.23 million ATOM from Neutron's exploiter

Cosmos Hub validators moved 1,227,121 ATOM, about $2.1 million, from the Neutron exploiter's wallet at restart with no signature from its owner. Anyone treating a Hub balance as settled now relies on the validators as well as the key.

Reality

Evidence55
Adoption
Not scored
Hype gap+5
Incentives
Not scored
Confidence50