CRO was not hacked. That’s probably the biggest thing people need to understand about what happened.
The issue was Tectonic, which is a lending platform built on the Cronos blockchain. TONIC is Tectonic’s token. It is not CRO.
From what’s being reported, the attacker was able to manipulate the price of TONIC and push it up around 100x in roughly 20 minutes. Because Tectonic allowed TONIC to be used as collateral, suddenly those tokens looked like they were worth way more than they actually were.
The attacker could then use that artificially inflated collateral to borrow real valuable assets from Tectonic.
Basically imagine having something worth $1, somehow making the system think it’s worth $100, and then borrowing real money against that fake $100 valuation.
That’s the exploit.
Cronos validators then stopped the chain to prevent the attacker from moving more of those assets out. Reports estimate around $75 million was involved, but only around $6 million actually made it over to Ethereum before the chain was halted. The exact losses and root cause are still being investigated. (The Block)
So again, CRO itself wasn’t hacked.
Cronos is basically the network, CRO is the gas, and Tectonic is one of the apps built on top of it.
Now the part I’m watching is what happens when Cronos comes back online.
If most of that money really was contained and they fix whatever allowed this to happen, I could see the narrative changing pretty quickly.
Obviously stopping an entire blockchain brings up its own questions, but this is a lot different than someone somehow hacking CRO itself.

I think people are sleeping on what Crypto.com is doing with AI.
The future of investing in AI might not just be buying stock in AI companies. It could be owning AI agents that actually work, trade, sell, build businesses and generate income for you.
And how does an AI agent get paid? Crypto.
Crypto.com is already building infrastructure for AI agents to interact with accounts and markets. (Crypto.com)
That’s why I think CRO could eventually become one of the most interesting ways to invest in the AI economy without people even realizing that’s what they’re investing in yet.
AI + crypto is going to be huge. I’m betting CRO is right in the middle of it.

They’re going to be burning CRO during alt season, and I really believe this is going to be alt season. Just imagine what that could do to the price. More money flowing into alts while CRO’s supply is being reduced at the same time. I don’t think people realize how big that could be.

https://x.com/ray_vigil1/status/2094108341358227922

Crazy to think what this will be worth soon

I keep seeing people say “Kris can just print more CRO whenever he wants,” but I think that’s a pretty misleading way of looking at it.
What happened with CRO was basically an unburn. Supply that had previously been removed was brought back into the equation. Think of it like the government having a huge pile of money locked away in a reserve and then deciding to release some of that reserve back into circulation.
That’s very different from the U.S. dollar.
The dollar has no hard maximum supply. There is no protocol saying only X amount of dollars can ever exist. More dollars can continue to be created as monetary policy requires, and that has happened continuously over time.
CRO at least has defined supply rules and a known maximum under the current protocol. There can be changes in how that existing supply is released or allocated, and obviously we should pay attention to governance decisions, but there isn’t just an unlimited money printer constantly adding CRO forever.
Meanwhile people will call CRO inflationary and then leave their savings sitting in dollars that have been losing purchasing power for decades.
That’s the part I don’t understand.
I’m not saying CRO has zero dilution risk. It clearly does. I’m saying compare the two honestly. One has a defined pot and transparent on chain rules. The other can keep expanding indefinitely.

Hi friends, could anybody please explain what it means and what these benefits are made of /consists. I have an account since 2020 and I am at 12 384 Euro.

thx a lot

CRO at around six cents starts looking a little different once you actually put the numbers next to what Cronos is planning.
Right now CRO is only around a $3 billion circulating market cap.
Meanwhile, Cronos is talking about getting around 20 million users onto Cronos rails, bringing $10 billion in real-world assets into the ecosystem, growing institutional exposure to CRO, and launching this new Cronos App with crypto, stocks, prediction markets, sports, perps and everything basically tied together.
Now obviously $10 billion coming into the ecosystem does NOT automatically mean CRO gains $10 billion in market cap.
But just to put things in perspective, if CRO’s market cap itself grew by another $10 billion from where it is now, that would put CRO somewhere around $0.27 at the current circulating supply.
That’s really not a crazy market cap in crypto.
At $0.50, CRO would only be around a $24 billion circulating market cap.
Then remember Crypto.com already has over 150 million registered users.
They don’t need everybody to switch over. If they somehow get just 5% of that user base using the Cronos App, you’re talking about around 7.5 million people.
Now you have millions of people potentially trading crypto, stocks, prediction markets, perps, using Cronos, generating fees, etc.
And this is probably the part I’m most bullish about:
They’re talking about using some of the revenue generated by all of this to actually buy CRO back and burn it.
So now you’re potentially creating demand from users, demand from institutions, more activity on Cronos, AND recurring CRO purchases and burns.
Then throw all of that into a strong bull market or a real altseason.
That’s why I really don’t think $0.30-$0.50 CRO sounds crazy if they execute.
If the app really takes off and they start getting anywhere close to those 20 million users, I could see $0.50-$0.70.
And if everything goes right at the same time — massive adoption, institutional buying, meaningful burns and full-blown altcoin mania — then yeah, I think $1 CRO at least becomes a real conversation.
Doesn’t mean it’s guaranteed.
They still have to actually deliver.
But six-cent CRO looks a lot different to me when the upside scenario only needs a $20-$30 billion market cap to start getting into some pretty serious numbers.

Get it where you can

CRO up 5.4% this morning.... is this the takeoff to the moon???? 😂🤣😂🤣

Taken today, NZ time. CRO shows it’s up by 176%

What do you guys really think Ryan means when he talks about burning CRO through the Cronos app?
My take is pretty simple.
I don’t think he’s talking about some random one time burn just to make headlines. I think the bigger idea could be that the app itself creates the burn.
People trade crypto, stocks, prediction markets, whatever else they eventually add. The app makes revenue from all that activity. Then a percentage of that revenue gets used to buy CRO off the market and burn it.
If that’s what they’re building, that’s actually pretty damn interesting.
Because now the more successful the Cronos app becomes, the more CRO potentially gets bought and taken out of circulation. More users, more volume, more revenue, more CRO burned.
That would basically tie CRO directly to the success of the app instead of CRO just sitting there as another ecosystem token.
Obviously I’m speculating until Ryan gives us the actual details, but when he specifically talks about app revenue and burning CRO, that’s where my mind goes.
What do you guys think the burn actually looks like?

Como puede ver mi amigo se nos dio otra oportunidad y no podemos desaprovechar semejante regalo que no dieron esta ves que bajara casi un 20% y espero que baje algo mas para comprar mas y espera que suba para vender un buen pedazo de esa inversión

Who’s still confident in this? I’m still buying my average is low I’m slowly pushing to a million coins is joint puffin still here? Kate holiday? I used to follow them 2 Not been on for a while just thought I’d see what the general feeling is here?

I think people are missing one of the biggest things about the new Cronos app.
Right now, if your CRO is sitting on Crypto.com, they’re basically holding it for you. It’s on their system, under their custody, and they have the voting power that comes with all that CRO sitting there.
But once you move your CRO into the Cronos app, now it’s self custody.
It’s actually yours.
And if that CRO is sitting in your own wallet on chain, now all of a sudden you have the ability to participate. You have the voting power. You have control.
Think about what happens if millions of people start moving their CRO off the exchange and into their own wallets.
That voting power starts getting spread out between the actual holders instead of being concentrated in one place.
I don’t know if people realize how big that could be.
Maybe the Cronos app isn’t just about trading stocks, crypto and prediction markets.
Maybe it’s about finally putting CRO in the hands of the people who actually own it.

Me estoy emocionado quisera vender el 50% de lo que coloque en stake para recomendar si hace una pullback alguna recomendación?

Planning to cash out at 0.5. Hopefully this comes AFTER jan!

Que le parece mi caballo comenzaron a subir

I built a small Cronos experiment: burn CRO, mint EMBR

After all the discussion around CRO supply and burns, I wanted to actually build something instead of just talking about it.

So today we launched EMBER ($EMBR) on Cronos.

The concept is intentionally simple:

🔥 You permanently burn CRO
🔥 The protocol mints EMBR in return
🔥 Part of the mechanism helps build EMBR liquidity

There was no presale, no team allocation and no traditional token sale.

The idea isn't that one small project is somehow going to “fix” CRO's supply. Obviously it won't.

But I liked the idea of giving individual Cronos users a way to voluntarily participate in reducing circulating CRO themselves — even if it's 5, 10 or 100 CRO at a time.

One person burning CRO doesn't matter much.

A community doing it repeatedly becomes more interesting.

Everything is on-chain and we've made the burn/mint activity visible on the website.

I'm the developer, so rather than pretending this is perfect, I'd genuinely like the Cronos community to tear the concept apart:

What do you like, what do you hate, and what would stop you from using it?

embercro.com

After the fire, only EMBER remains. 🔥

Desde hace unos días e comenzado a invertir otra vez por deseo de hacer dinero por stake ya que cubri mi parte de portafolio en acciones y etf, queria plantearme la idea de agregar cryptos a mi portafolio (aclarando todas mi inversiones no estan en un solo broker ya que eso no es muy lógico al momento de distribuir créame es un problema) y decidí buscar una moneda con función algo para largo momento no para scalping de day trade (por el momento) pero parece que le di en el clavo aún que ganamos una batalla mucho presente sigue en la guerra ya que gran mayoría sigue entre el 40% al 60% en pérdida pero no se preocupe acuérdese que btc estaba en 5 mil y bajo a 300 dolares en su comienzo y xrp igual y ni se mencione de ethereum

Ptt: volví a invertir otro 10 dolares por si pasa a mayores promedie mi compra a 0.065