💥 $75M drained in Mango-style oracle hack
Cronos just halted after an attacker manipulated illiquid TONIC token pricing to borrow against inflated collateral. Same playbook as Mango Markets, years later, still working. Thin liquidity plus lax oracle checks equals free money for anyone patient enough to engineer it.
Chains that halt to save themselves aren't decentralized, they're just slow to fail.
August 30, 2026 130 2
