Thala: Has reached an agreement with the attacker to restore all user assets with a $300,000 bounty

ChainCatcher news, Aptos ecosystem DeFi project Thala has released the latest announcement stating: due to a security vulnerability attack on the latest V1 liquidity pool contract, assets worth 25 million USD have been stolen.

Currently, Thala has suspended all related contracts and frozen Thala token assets (9 million USD MOD and 2.5 million USD THL). With the assistance of other institutions, an agreement has been reached with the attacker to recover all user assets through a 300,000 USD bounty.

Affected users do not need to take further action; positions will be restored to 100% completeness. However, all related contracts and the Thala frontend will remain in a suspended state until deemed completely secure.