Bitget reported that a $75M oracle-manipulation hack hit Cronos three days after the identical playbook drained $8.7M from Moonwell.
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The real signal this week isn't in price charts; it's in the plumbing. A $75M oracle-manipulation hack hit Cronos three days after the identical playbook drained $8.7M f…
Company
Bitget
World’s largest Universal Exchange (UEX) for Crypto, Stocks, Gold, Forex, and more.
- Industry
- Financial Services
- Location
- ⠀, SC
- Company size
- 1,001–5,000 employees
About Bitget
Bitget is the world's largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 100+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships with MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry's lowest fees and highest liquidity across 150 regions worldwide. Website - https://www.bitget.com/en/ Twitter - https://twitter.com/bitget Telegram - https://t.me/BitgetENOfficial TikTok - https://www.tiktok.com/@bitgetofficial Youtube - https://www.youtube.com/@Bitget Discord - https://discord.gg/dSvyBBzt Reddit - https://www.reddit.com/r/BitgetReddit/ For media inquiries, please contact: media@bitget.com For institutional queries, please contact: institutional@bitget.com
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Latest activity from Bitget
8 signals
Presence & Recognition
Bitget helped fuel the Crypto Padel League & Flight 3 event as the official food partner, with 50+ players from finance and crypto hitting the court.
Customers & Market
Bitget Compute Perps traded NVIDIA H100 GPU rental prices on the pre-market.
Partnerships
Bitget has worked with UNICEF Luxembourg to support the Game Changers Coalition and expand access to skills and education for young people, especially girls since 2025.
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Corgentum Consulting
Corgentum Consulting reported that Cronos halted its entire blockchain on Sunday, Aug. 30, after a suspected price manipulation attack targeted Tectonic, its largest decentralized lending protocol, which led to an estimated $75 million DeFi hack.
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Halborn reported that an attacker exploited Tectonic, a lending protocol on Cronos, by manipulating its illiquid TONIC governance token to push its price up 100x in twenty minutes.
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QuillAudits | Blockchain Security & OPSEC🥷 reported that Moonwell lost $8.7M in a MAMO attack, with the core market not being broken.
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Cecuro
Cecuro reported that Moonwell on Base lost $8.7 million to the identical playbook, bypassing a supply cap by transferring tokens directly to the market contract.
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