Cronos Halts Chain After $75M Tectonic Exploit

[ad_1] Key Takeaways On Aug. 31, 2026, Tectonic lost over $70 million after an attacker used $600,000 to inflate TONIC’s price 40x.Cronos validators halted block production, trapping $60 million onchain while Crypto.com... Read more »

Cango Completes $442M Bitcoin Liquidation and Secures $75M in New Capital for AI Pivot – Mining Bitcoin News

[ad_1] Key Takeaways: Cango Inc. sold 6,451 BTC across February and March 2026, generating roughly $442 million to retire bitcoin-backed loans. The sales cut Cango’s outstanding BTC-collateralized debt to $30.6 million and... Read more »

Cango Secures $75M in Fresh Capital to Expand Ecohash AI Computing Platform – Mining Bitcoin News

[ad_1] U.S.-Listed Bitcoin Miner Cango Closes $75M Financing Round for AI Expansion The $65 million equity placement was purchased by entities controlled by Chairman Xin Jin and Director Chang-Wei Chiu. The transaction... Read more »

YZY token aftermath sees 105 traders lose $100k-$1M each in $75M wipeout

[ad_1] Kanye West’s YZY token launch has left 105 traders with significant losses between $100,000 and $1 million each, totaling $26 million in combined losses at an average of $250,000 per wallet.... Read more »