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.
Web3 Desktop Trading Tool
Stay ahead of the game in the cryptocurrency space.