TechFlow News On November 16, according to market data, Thala (THL) plummeted by more than 50% in the early hours of this morning, once falling below $0.37, and is now quoted at $0.6281, a 24-hour drop of 12.4%.

According to official personnel in the community, the Thala protocol was affected by a series of transactions earlier today, resulting in a brief damage to the v1 liquidity pool. Thala contributors have worked with several security agencies to regain access to all user funds. Efforts are currently underway to restore and compensate the affected users. The team will release a full post-event report later today, and all protocol functions will be restored once the affected liquidity pool returns to normal.