The decentralized finance protocol Convergence has been attacked, causing its token to almost lose value.

- An attacker created 58 million CVG tokens using a vulnerability in the protocol code.

- Tokens were traded for 60 wETH and 15,900 crvFRAX through liquid pools on Curve.

- Funds were converted into ETH and sent to Tornado Cash.

- The damage was approximately $210,000, and the price of CVG dropped by 99%.

- Convergence urged users not to interact with the protocol.