Cronos Erased Two Hours of Transactions to Reverse $111 Million DeFi Exploit
The rollback reversed legitimate activity alongside the attack, while $9.19 million remains unrecovered, according to Cronos.
The trading volume of Cronos (CRO) is $10,341,783.00 in the last 24 hours, with stable market activity.
Cronos (CRO) reached an all-time high of $0.89 on Nov 23, 2021 and an all-time low of $0.01 on Feb 07, 2019 . It's now trading 92.61% below that peak and 443.61% above its lowest price.
Market capitalization of Cronos (CRO) is $3,261,429,232 and is ranked #38 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of CRO tokens (49,530,833,874 tokens are tradable on the market today).
The fully diluted valuation (FDV) of Cronos (CRO) is $6,588,300,000. This is a statistical representation of the maximum market cap, assuming the maximum number of 100,000,000,000 CRO tokens are in circulation today. Depending on how the emission schedule of CRO tokens are designed, it might take multiple years before FDV is realized.
With a price increase of 1.15% in the last 7 days, Cronos (CRO) is underperforming the global cryptocurrency market which is up 5.1%, while underperforming when compared to similar Smart Contract Platform cryptocurrencies which are up 4.1%.
Adding Cronos (CRO) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more.
To add them, you'll need to import CRO as a token. You can copy CRO's contract address
(0xa0b73e1ff0b80914ab6fe0444e65848c4c34450b) and import it manually, or add CRO to MetaMask with one click.
The circulating supply of Cronos (CRO) is 49,530,833,874 CRO tokens, which represents 49.53% of the maximum supply of 100,000,000,000 tokens.
You can buy Cronos (CRO) on various cryptocurrency exchanges. The most popular exchanges for trading CRO are typically centralized exchanges (CEX) like Binance, Coinbase, and Kraken, as well as decentralized exchanges (DEX) on the Ethereum network. Always ensure you're using a reputable exchange and enable two-factor authentication for security.
News
The rollback reversed legitimate activity alongside the attack, while $9.19 million remains unrecovered, according to Cronos.
Cronos’s post-mortem put the Tectonic exploit’s affected borrowing at $120.4 million, with 7.6% transferred off-network before validators intervened.