Another DeFi Protocol Falls Victim to Hackers: Code Blunder Costs Convergence $212K
Convergence, a decentralized finance (DeFi) protocol, got hammered by hackers. The attack happened in the wee hours of August 1. It cost the protocol a whopping $212,000. The hack sent Convergence's native token, CVG, into a nosedive. Its value plummeted by over 99%. Talk about a rough day at the of