Decentralized governance hedge fund platform Convergence exploited. 58M CVG tokens minted and swapped. CVG token value plunged 99% from $0.12 to $0.0004 following the hack. On Thursday, the decentralized finance (DeFi) protocol Convergence experienced a severe breach, resulting in a dramatic collapse of its CVG token. The exploit involved the creation of 58 million CVG […]
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DeFi Protocol Convergence hit by major hack, CVG token collapses