PeckShield: DeFi Protocol Convergence Attacked
Bitget2024/08/01 16:01
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The DeFi protocol Convergence has suffered an attack and is currently losing about $210,000, according to monitoring. Hackers minted about 58 million CVGs, which were then exchanged for 60 WETH and 15,900 crvFRAX. the exploit is part of the CvxRewardDistributor contract, which does not validate (untrusted) user input to claim rewards.
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