🚨 GoPlus Security Alert:
@TectonicFi just got hit with a price-manipulation + over-borrow attack on
@CronosNetwork. ~$75M gone. ~$6M already bridged to Ethereum and swapped into ~2,600 ETH. Cronos is halted so the rest can’t keep moving. tectonic:native is getting wrecked.
Playbook: thin-liq tectonic:native. Loop collateral and borrows, pump the mark in minutes, then size up. At a ~20% collateral factor, that bag printed ~$375M in collateral value and ~$75M in borrow power. Then they vacuumed USDT and other assets.
Attacker:
0x4266a0e6a0f0ef90abcff3bb089932ca0cce3652
Attack contracts:
0xd3aac8a1a9e412e2c590463a8b6f90125e23f1f3
0x2dc6a36f4e5eeefe112c01569de96dea496bb618
Cronos aggregation wallets:
0x7d4e7e5dcb0ccc66b4f0f8b0f30da5078ad4f2dc
0x215adfc84332d8dfdd5afc77af69cceec0bcd3fc
ETH profit wallet:
Example attack txs: