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Thala: An agreement has been reached with the attacker to restore all user assets through a $300,000 bounty

Thala: An agreement has been reached with the attacker to restore all user assets through a $300,000 bounty

CointimeCointime2024/11/16 12:44
By:Cointime

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.

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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.

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