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📅 Event Time: Dec 30, 2024, 07:00 AM - Jan
Thala: All user assets have been recovered through a $300,000 bounty with the attacker's protocol.
On November 16th, Aptos ecosystem Decentralized Finance project Thala released a recent announcement stating that due to a security vulnerability attack on the latest V1 Liquidity pool contract, assets worth $25 million have been stolen. Currently, Thala has suspended all related contracts and frozen ThalaToken assets ($9 million MOD and $2.5 million THL). With the assistance of other institutions, all user assets have been recovered through a $300,000 bounty program with the attacker's protocol. Affected users do not need to take any further action, Position will be fully restored to 100%. However, all related contracts and the Thala front end will remain suspended until deemed completely secure.