Thala: An agreement has been reached with the attacker to restore all user assets through a $300,000 bounty
On November 16th, Aptos ecological DeFi project Thala released a latest announcement stating that due to a security vulnerability in the latest V1 liquidity pool contract, assets worth $25 million were stolen.
Currently, Thala has suspended all related contracts and frozen Thala token assets ($9 million in MOD and $2.5 million in THL). With the assistance of other institutions, Thala has reached an agreement with the attacker and recovered all user assets through a $300,000 bounty.
Affected users do not need to take further action, and their positions will be fully restored to 100%. However, all related contracts and Thala front-end will remain suspended until considered fully secure.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin Price Recovery Sparks Speculation of New All-Time Highs Ahead of 2025 Wall Street Open
The IRS offers temporary tax relief for CeFi crypto users in 2025
Solana and Sui blockchain networks outperform Ethereum in 2024
Jordan approves a 2025 Blockchain Policy to modernize government services