Paidun: DeFi protocol Convergence was attacked, resulting in a loss of approximately $BTC

PANews, August 1 news, according to Peckshield monitoring, the DeFi protocol Convergence was attacked, resulting in a loss of approximately $210,000. The hacker minted about 58 million CVG, then exchanged them for 60 WETH and 15,900 crvFRAX.

The vulnerability was part of the CvxRewardDistributor contract, which did not verify (untrusted) user input to claim rewards.

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