Cronos: TectonicFi $74M Exploit Pauses Chain

CronosNetwork paused its entire chain after TectonicFi suffered a $74M exploit, with the attacker bridging only $6M to Ethereum before the halt left roughly $60M stranded across three addresses.

Price action on CRO at $0.06 shows the token pinned exactly at both EMA50 and EMA200, creating a tight long-term confluence zone where any further downside would require a decisive break of that shared level. The MACD golden cross remains intact while RSI sits neutral at 46.41, suggesting momentum has stalled rather than reversed, and the price remains inside the Bollinger Bands with both bands also printing at $0.06, indicating volatility compression rather than exhaustion.