Ken Timsit is the Head / Managing Director of Cronos chain (Cronos.org) and its Cronos Labs ecosystem accelerator.
Ken Timsit is the Head / Managing Director of Cronos chain (Cronos.org) and its Cronos Labs ecosystem accelerator.
Tectonic attacker sends 2,659 ETH to Tornado Cash, capping a record hack year
According to PeckShield, the address associated with the Tectonic hack sent approximately 2,658.9 ETH, equivalent to $6.65 million, into Tornado Cash on September 3, UTC time. This transaction is a significant part of the money that was unrecovered by Cronos after validators rolled back the chain after the incident on August 30. The destination is...
Circle Extends CCTP to Native EURC Transfers
EURC can now move natively between Ethereum and Base through Circle's CCTP infrastructure, extending the service beyond its original USDC focus.
USDC may be only as quantum-safe as its slowest wallet, bridge or blockchain
The 813-logical-qubit record is not a Q-day clock, but it shows why host chains, wallets, custodians, bridges and users must move with Circle. The post USDC may be only as quantum-safe as its slowest wallet, bridge or blockchain appeared first on CryptoSlate.
August Losses Hit $136.3M—But One DeFi Event Carries the Warning
Crypto hacks caused estimated losses of $136.3 million across 50 major incidents in August, PeckShield reported. Losses fell 49.5% from July’s $270 million. Yet Tectonic accounted for about $74 million, showing how concentrated the month’s reported damage remained. The number of major crypto hacks rose 66.7% from 30 in July to 50 in August. Meanwhile, […] Read The Full Article August Losses Hit $136.3M—But One DeFi Event Carries the Warning On Coin Edition.
Optimizely Bets the DXP Is Where AI Agents Belong — Not in Standalone Tools
Most B2B marketing leaders spend their weeks playing digital hopscotch. According to a vendor-sourced study of over 2,000 global participants by Optimizely, 81% of these leaders toggle between two or more disconnected AI tools every week. The cost of this fragmentation is tangible: 76% of those surveyed report burning more than three hours every week […]
Ontology Pauses Mainnet Block Production After Identifying Malicious Activity
Ontology suspended block production as a precaution after identifying malicious activity and is completing a network upgrade before restoring operations.
Ontology keeps mainnet paused over confirmed attack while Cronos, Injective return
Ontology’s blockchain will remain down for at least the next 24 hours, per a September 1 update after mainnet was temporarily paused as part of a containment process that started on August 31 in response to what project developers now say is due to targeted “malicious attack activity.” While Ontology remains down, two other chains...
Crypto Hacks Hit 2026 Record With 50 Attacks as Losses Fall 49% to $136M
Crypto suffered a 2026-high 50 major hacks in August, but total losses dropped 49.5% to $136.3M as Tectonic accounted for $74M.
Cronos validators erase transaction history to contain massive $75 million lending protocol exploit
The network-wide pause appears to have kept most affected assets on-chain, but users still lack a restart timetable or official accounting. The post Cronos validators erase transaction history to contain massive $75 million lending protocol exploit appeared first on CryptoSlate.
August Broke 2026's Monthly Hack Record Even as Losses Fell 49%
In Brief Crypto suffered 50 major hacks in August, the most of any 2026 month. Total losses fell 49.5% to $136.3 million despite the higher attack count. Tectonic's $74 million exploit drove the damage before Cronos paused its network. Crypto recorded 50 major hacks in August, the highest monthly count of 2026. Total losses fell to $136.3 million, down 49.5% from July. Blockchain security firm PeckShield published the tally on Tuesday. The figures show attackers striking far more often...
