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Convergence1 decision on this page

Audit log

Every state-changing event for Convergence: moderation decisions on community submissions, plus corrections and updates from the news pipeline. URL-based decisions carry three independent witnesses — the original source, an Internet Archive snapshot taken at submission time, and a Solana memo signed by our publicly-disclosed publisher key.

  1. #1publishby system:backfill
    2026-05-29 16:47:28Z
    Score: ?? (no score change)
    anchoranchored
    chain
    mainnet-betaslot 422,977,577
    sig
    2XrSKHBhrHGU…3EPftQQxexplorer ↗
    hash
    9W73ZCfCnFgg…wYA84T7Esha256 → base58
    verifying row…full verify ↗
    canonical bytes (5572 B) ▸
    {"actor":"system:backfill","investigation_id":"19e543d7-8d79-40e0-89fb-47e45ca82f4e","kind":"publish","page_slug":"convergence","published_at":"2026-05-29T16:47:28.550Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"Convergence","sections":[{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.coinbureau.com/review/convergence-finance/","type":"other","url":""},{"credibility":3,"name":"https://docs.cvg.finance/general-information/protocol-overview","type":"other","url":""},{"credibility":3,"name":"https://docs.cvg.finance/faq/audits","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.coindesk.com/markets/2024/08/01/defi-protocol-convergence-hacked-cvg-token-plunges-99-on-curve","type":"other","url":""},{"credibility":3,"name":"https://cointelegraph.com/news/defi-protocol-convergence-removed-code-leading-to-212k-hack","type":"other","url":""},{"credibility":3,"name":"https://blockapex.io/convergence-finance-hack-analysis/","type":"other","url":""},{"credibility":3,"name":"https://medium.com/@cvg_wireshark/post-mortem-08-01-2024-e80a49d108a0","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.coindesk.com/markets/2024/08/01/defi-protocol-convergence-hacked-cvg-token-plunges-99-on-curve","type":"other","url":""},{"credibility":3,"name":"https://www.cryptotimes.io/2024/08/02/hacker-steals-210000-in-cvg-tokens-from-convergence/","type":"other","url":""},{"credibility":3,"name":"https://coinjournal.net/news/defi-protocol-convergence-hit-by-major-hack-cvg-token-collapses/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.cryptotimes.io/2024/08/07/convergence-finance-sends-negotiation-message-to-hacker/","type":"other","url":""},{"credibility":3,"name":"https://medium.com/@cvg_wireshark/post-mortem-08-01-2024-e80a49d108a0","type":"other","url":""},{"credibility":3,"name":"https://cryptorank.io/news/feed/65292-post-mortem-convergence-defi-protocol-hack","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://blockapex.io/convergence-finance-hack-analysis/","type":"other","url":""},{"credibility":3,"name":"https://blog.solidityscan.com/convergence-finance-hack-analysis-12e6acd9ea08/","type":"other","url":""},{"credibility":3,"name":"https://www.altcoinbuzz.io/cryptocurrency-news/convergence-defi-protocol-hit-by-210k-exploit/","type":"other","url":""},{"credibility":3,"name":"https://docs.cvg.finance/faq/audits","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://medium.com/cvgfinance/vote-for-convergences-future-c66a690ecae0","type":"other","url":""},{"credibility":3,"name":"https://airdropalert.com/airdrops/tangent-finance/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.coindesk.com/markets/2024/08/01/defi-protocol-convergence-hacked-cvg-token-plunges-99-on-curve","type":"other","url":""}]}],"sources_used":[],"summary":"Convergence (CVG) is an Ethereum-based DeFi yield-aggregation protocol built on top of Curve and Convex Finance. On August 1, 2024, an attacker exploited a missing input-validation check in the CvxRewardDistributor contract — introduced by a post-audit gas-optimization change — to mint 58 million CVG tokens and sell them for approximately $212,000, collapsing the token price by 99%. The protocol never recovered; following a community DAO vote, the team pivoted operations to a successor project called Tangent Finance (TGN).","timeline":[{"date":"2023-01-01","event":"Convergence Finance (CVG) protocol launches on Ethereum, operating as a Curve/Convex yield-aggregation layer.","source":""},{"date":"2024-01-01","event":"Protocol completes four separate smart contract audits (Halborn, Sherlock Contest #126, Hats Finance x2) prior to the exploit.","source":""},{"date":"2024-08-01","event":"Attacker (0x03560a9d7a2c391fb1a087c33650037ae30de3aa) exploits missing input validation in CvxRewardDistributor, minting 58 million CVG tokens and selling them for approximately $212,000. CVG price collapses 99% on Curve liquidity pools.","source":""},{"date":"2024-08-01","event":"Convergence team issues urgent public warning to cease all protocol interaction. Stolen ETH (~65.8 ETH) routed through Tornado Cash.","source":""},{"date":"2024-08-02","event":"Official post-mortem published by Wireshark (Convergence alias), accepting full responsibility for the post-audit code change.","source":""},{"date":"2024-08-06","event":"Convergence transmits on-chain message to attacker, characterizing the exploit as possible white-hat activity and requesting return of 65.8 ETH within 48 hours. No confirmed response from attacker.","source":""},{"date":"2024-08-07","event":"Convergence Finance negotiation message to hacker publicly reported. No fund recovery confirmed.","source":""},{"date":"2024-09-01","event":"Community DAO vote opened on protocol future: Redemption (partial refund) vs. Tangent (successor project). Over 97% of participating votes favor the Tangent transition.","source":""},{"date":"2024-10-01","event":"Convergence team announces pivot to Tangent Finance (TAN), a new DeFi lending protocol. CVG token deprecated. No cash compensation issued to CVG holders under the Tangent path.","source":""}]},"v":1}
    Verify offline (run on your own machine)
    python -m src.verify_decision 02eaeaaa-a331-40df-9637-8f469e72c24c
How verification works. The “Row integrity” check above is computed in your browser — your machine recomputes the SHA-256 of the canonical bytes and compares against the stored hash. No avoid.net server can fake that check. The “full verify” link goes one level deeper: your browser fetches the on-chain transaction from a Solana RPC node and confirms the same hash is in the memo. If you don’t want to trust either avoid.net or the public RPC, run the CLI verifier on your own machine — python -m src.verify_decision <event_id>.