Cronos halts network after Tectonic exploit involving estimated $75M

The halt of the Cronos network in response to a DeFi exploit underscores the tension between chain-level security and the immutability ethos of crypto. The incident, affecting Tectonic users, highlights how a single protocol vulnerability can ripple into network-wide operational decisions. The separation of the exchange and app from the exploit is notable, but the open question is whether such interventionist measures will become a pattern for Cronos, potentially shaping its reputation among developers and users who prioritize decentralization.