Paishield: Convergence was attacked, resulting in a loss of approximately $210,000.

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According to ChainCatcher, according to Paidun monitoring, the DeFi protocol Convergence was attacked and lost about $210,000. The hacker minted about 58 million CVG and then exchanged it for 60 WETH and 15,900 crvFRAX.

The vulnerability was part of the CvxRewardDistributor contract, which did not validate (untrusted) user input for claiming rewards.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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