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Thala: All relevant contracts and Thala front-end will remain suspended until all user assets are restored

2024-11-16 11:11

Odaily Planet Daily News: Aptos Ecological DeFi Project Thala has released its latest announcement stating that $25 million worth of assets have been stolen due to a security vulnerability attack on its latest V1 liquidity pool contract. At present, 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, Thala has reached an agreement with the attacker to recover all user assets through a $300000 bounty. It should be noted that affected users do not need to take further action, and their positions will be fully restored 100%. However, all relevant contracts and Thala frontend will remain suspended until they are deemed fully secure. The existing positions in the CDP and LST modules are not affected. At present, the code repository of the protocol is undergoing extensive review and re audit of all affected and related software packages. We will share more detailed information as soon as possible.

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