Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.
Reproducible Foundry test fork from SunWeb3Sec/DeFiHackLabs. Clone the repo, run forge test against the file path above, and replay the exploit against a mainnet fork at the historical block. Use for reproduction only — not for live targets.
Convergence Finance was attacked. 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. Attack method (per SlowMist): Contract Vulnerability. Reported loss: $ 210,000.
- chain
- —
- protocol
- Convergence Finance
- bug_class
- logic
- date_occurred
- 2024-08-01
- loss_usd
- $210,000
- source_id
- sm:convergence-finance::2024-08-01