Cronos Halts Network as Tectonic Faces Mango-Style Attack: $75M in Assets Reportedly Affected
Tectonic's assets plunged from about $121 million to $3 million after an exploit targeted its thinly traded TONIC token.
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Tectonic's assets plunged from about $121 million to $3 million after an exploit targeted its thinly traded TONIC token.
Another busy economic week is ahead of us as investors are trying to predict what the Fed will do next.
The liquidations topped $200 million within an hour once the entire market headed south suddenly.
DeFi's latest rally reflects growing expectations that protocol economics could matter more in token valuations.
"Institutions increasingly want to work with a trusted partner that can support the full lifecycle of digital assets," said BitGo's CEO.
Active crypto insurance coverage dropped from $163.2 million to $130.2 million, even as security exploits became increasingly frequent.
Bitcoin’s powerful breakout has lost some of its initial momentum after reaching the $80K region. With both spot price action and futures activity showing reduced conviction, BTC appears increasingly likely to enter a choppy consolidation phase before establishing its next…
Despite the record-setting inflows, XRP's price was rejected after last week's surge to $1.70.
The company hasn't announced a new BTC purchase in well over two months.
Whales bought $3 billion worth of BTC in the past week alone, while retail investors have been mostly selling.
The Ethereum funds have not been in the red since August 11.
The short squeeze sparked the rebound, but ETF and on-chain data suggest broader demand is now helping.