Cronos Erased Two Hours of Transactions to Reverse $111M DeFi Exploit: CRO Leverage & Contagion Analysis
Cronos rolled back its chain to reverse a $111M exploit, leaving $9.2M unrecovered. CRO trades at $0.0599 with key resistance at $0.0653 — leveraged longs above 20x faced liquidation risk during the $0.0564 low; the centralization precedent from the rollback creates ongoing headline risk for the entire Cronos DeFi ecosystem.