PeckShield: Convergence was subjected to a hacker attack, resulting in a loss of approximately $BTC

Foresight News reported that according to PeckShield's monitoring, the DeFi protocol Convergence has been hacked, resulting in a loss of approximately $210,000. The hacker minted around 58 million CVG tokens, which were then exchanged for 60 WETH and 15,900 crvFRAX. The vulnerability was part of the CvxRewardDistributor contract, which did not verify (trustlessly) user input to claim rewards.

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