According to ChainCatcher, Thala, a DeFi project in the Aptos ecosystem, recently experienced a thrilling security incident! Due to an attack on the V1 liquidity pool contract, assets worth $25 million were stolen. 😱
The Thala team responded quickly, suspended all related contracts and froze $11.5 million worth of Thala token assets. With the help of other institutions, they reached an agreement with the attacker to restore user assets by paying a $300,000 bounty. 💰
The good news is that affected users don't need to worry, all positions will be 100% restored. However, to ensure safety, all related contracts and the Thala front end will continue to be suspended until confirmed to be safe. 🔒