Cronos network resumes operations, block production restarts

The Cronos network, which had been temporarily halted after the hack of Tectonic, a lending protocol in the Cronos (CRO) ecosystem, has resumed operations, Cointelegraph reported. The network is now producing blocks again, and Cronos plans to soon release a post-incident analysis detailing the cause of the disruption and its response. Earlier, about $75 million in cryptocurrency was illicitly borrowed from Tectonic on Aug. 31, with around $6 million of that moved into Ethereum (ETH), according to the report.