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Security breach affects Cronos lending protocol, Kris Marszalek confirms

Security breach affects Cronos lending protocol, Kris Marszalek confirms
Security breach at Cronos lending protocol

Kris Marszalek, CEO at Crypto.com, reports a security breach on the Cronos blockchain's lending protocol Tectonic. Marszalek stated that the Cronos team is actively investigating the incident with support from the protocol's security team.

He emphasized that the associated app and exchange have not been affected by the breach and remain fully operational. According to Marszalek, all user funds are currently safe.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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