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Cronos blockchain rolled back 10,961 blocks after a $120M lending attack, reversing transactions from Aug 30, 2026.

Market News
09 Sep 2026
CryptoTicker
View Source
Bearish
Cronos blockchain rolled back 10,961 blocks after a $120M lending attack, reversing transactions from Aug 30, 2026.

On August 30, 2026, the Cronos blockchain experienced a major rollback of 10,961 blocks, erasing nearly two hours of transaction history due to a $120.4 million exploit on the Tectonic lending protocol. The attacker artificially inflated the TONIC token price to borrow funds against overvalued collateral. The network halted at 14:32 UTC and resumed after an 11-hour pause, reversing all transactions between 12:38 and 14:33 UTC, including those unrelated to the attack. While most users' balances reverted to their pre-attack state, some suffered losses if they acted on payments that were later erased or bridged funds to other chains. Users are advised to verify their transactions via the Cronos block explorer and keep detailed records, as reversed transactions no longer appear publicly. This incident highlights the trade-off between blockchain finality and fund security, and underscores the importance of diversified holdings and careful bookkeeping.

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Chery Auto unveils L4 Robotaxi and partners with UAE's K2 for global commercial launch

Chery Auto unveils L4 Robotaxi and partners with UAE's K2 for global commercial launch

Chery Auto will showcase its purpose-built Level 4 (L4) Robotaxi at the 2026 Chery International User Summit and sign a strategic cooperation agreement with UAE-based K2. The Robotaxi offers a fully driverless passenger experience from booking to rid...

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AiMOGA launches Mobo, a home companion humanoid robot, with global pre-orders starting at 2026 Chery Summit

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AiMOGA launches Mobo, a home companion humanoid robot, with global pre-orders opening at Chery 2026 summit

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AiMOGA to launch Mobo, a consumer humanoid home companion robot, with global pre-orders at 2026 Chery Summit

AiMOGA to launch Mobo, a consumer humanoid home companion robot, with global pre-orders at 2026 Chery Summit

AiMOGA Robotics, a Chery brand, will debut Mobo, its first consumer-grade humanoid robot designed as a home companion, at the 2026 Chery International User Summit in Wuhu, China. Mobo features advanced AI for understanding complex commands, spatial a...

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AiMOGA launches Mobo, a humanoid home companion robot, with global pre-orders starting at Chery 2026 User Summit

AiMOGA launches Mobo, a humanoid home companion robot, with global pre-orders starting at Chery 2026 User Summit

AiMOGA Robotics, a brand under Chery, introduced Mobo, its first consumer-grade humanoid robot designed as a family companion, at the 2026 Chery International User Summit. Mobo operates with AiMOGA's proprietary MoAgent AI, enabling it to understand ...

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