Convergence DeFi Protocol Hit by $210K Exploit

The attacker exploited this flaw to mint and sell 58 million CVG tokens, valued at approximately $210,000. In addition, the hacker siphoned off $2,000 in unclaimed staking rewards, further compounding the damage. The breach was made possible by a critical oversight in the smart contract’s code. Let’s explore more about what happened with Convergence Hacker […] source: https://www.altcoinbuzz.io/cryptocurrency-news/convergence-defi-protocol-hit-by-210k-exploit/