Cronos: Blockchain Halts After $75M Tectonic Exploit

Cronos halted its entire blockchain following a $75M exploit on the Tectonic DeFi protocol tied to Crypto.com. The move echoes prior Cronos blockchain halt history after exploits and raises fresh questions around Tectonic DeFi protocol exploit security. CRO trades at $0.06 inside the Bollinger bands with EMA50 and EMA200 both at $0.06 acting as immediate resistance; the MACD death cross confirms bearish momentum while RSI at 42.9 stays neutral, suggesting any relief rally will likely stall before testing lower band support near $0.06.