Cronos Rolls Back Two Hours of Transactions After $111 Million DeFi Exploit

Cronos reversed two hours of blockchain transactions following a DeFi exploit valued at $111 million, according to the network. The rollback was intended to address the attack, but it also removed legitimate activity recorded during the same period. Cronos said $9.19 million remains unrecovered after the reversal. The incident leaves the network’s transaction history altered for the affected two-hour window, with both exploit-related and valid transactions impacted. The disclosure provides an update on the recovery status but does not indicate that all funds connected to the exploit have been retrieved. For CRO market participants, the event is a significant network-related development, although the supplied information does not provide details on the exploit’s mechanism or its effect on the token’s price.