Convergence, a DeFi protocol, suffered a loss of about $210,000, according to Paidun. The hackers minted about 58 million CVGs, which were then exchanged for 60 WETH and 15,900 crvFRAX.
The vulnerability is part of a CvxRewardDistributor contract that does not validate (untrusted) user input to claim rewards.
Convergence was attacked and lost about $210,000
2024-08-01 15:50:46
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