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Hack history / 2024 / Hack or exploit

Convergence

Hack or exploit on Aug 1, 2024 · Missing Input Validation

ATTACK TX CONFIRMED ON CHAINSOURCES AGREE ON DATE AND LOSS · 4 SOURCES
Lost
$210K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,468
among thefts by dollars lost

What happened

On August 1, 2024, Convergence Finance lost $212K worth of CVG tokens when input validation was missing from the claimMultipleStaking function. The attacker passed an arbitrary malicious contract address to mint 58 million CVG tokens directly, then converted them to 60 WETH and 15.9K crvFRAX.

Details

Date
Aug 1, 2024
Kind
Hack or exploit
Method
Missing Input Validation
How in
Smart contract bug
Target
DeFi protocol
Chains
Ethereum

Reported by

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Cite this pageSwanBluechip, "Convergence hack, Aug 1, 2024: $210K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht1d027f7d38/ (data as of 2026-10-31).
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