Security Incident
Convergence Finance Contract Vulnerability: $210.00K Reported Loss
Convergence Finance was attacked.
- Reported loss
- $ 210,000
- Attack category
- Contract Vulnerability
Incident Overview
58M CVG have been minted and sold by the hacker for approximately $210,000 ( the whole portion of tokens dedicated to staking emissions); Approximately $2,000 of unclaimed rewards from Convex have also been stolen. A lack of validation in the input given by the user in the function claimMultipleStaking of the reward distribution contract is the root cause of the exploit.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.