Thala: has recovered all user assets through a 300,000 USD bounty with the attacker protocol

WuSaidBlockchainW · 2024-11-16T12:01:39+00:00

Aptos Ecology Decentralized Finance project Thala announced that its latest V1 Liquidity pool contract was attacked by a security vulnerability, resulting in the theft of $25 million in assets. Thala has temporarily suspended the relevant contract and frozen some Token assets, and has reached an agreement with the attacker's protocol to restore all user assets through a $300,000 bounty. Affected users do not need to take any further action, and their positions will be fully restored to 100%. However, all related contracts and Thala frontend will remain suspended until it is completely secure.

WuSaidBlockchainW

2024-11-16 12:01:39

Abstract generation in progress

Wu learned that Thala, a Decentralized Finance project in the Aptos ecosystem, has issued a latest announcement: 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 MOD and $2.5 million THL). With the assistance of other institutions, the attacker’s protocol has been used to recover all user assets through a $300,000 bounty. Affected users do not need to take any further action, and their positions will be fully restored to 100%. However, all related contracts and the Thala front end will remain suspended until they are deemed completely secure.

THL-0,54%

APT-3,9%

DEFI-9,07%

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