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Data BreachThe Record·1 hour ago

Fraudsters steal $6 million from Tectonic crypto platform after inflating token price

An attacker manipulated the price of Tonic coin on the Tectonic crypto platform over the weekend, resulting in the theft of at least $6 million. The incident demonstrates how price manipulation can be leveraged in decentralized finance environments to execute profitable theft attacks.

Read full article at The Record

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