Thala Labs recovered $25.5M stolen in a breach after identifying the exploiter and negotiating a $300K bounty.
Thala Labs paused contracts for security reviews after a vulnerability was exploited, ensuring full recovery for affected users.
Thala Labs, a DeFi project in the Aptos ecosystem, suffered a severe security compromise on November 15, 2024. An official statement on their Twitter account claims that the hack took advantage of an isolated vulnerability in the latest farming contract update version 1.
The hack let the assailant steal liquidity pool tokens worth $25.5 million. Thala Labs responded by stopping all associated contracts and freezing assets connected to their native tokens, including $2.5 million worth of THL and $9 million worth of MOD.
Important Announcement
On November 15th 2024, Thala suffered a security breach as a result of an isolated vulnerability in the latest update to v1 farming contracts, allowing the exploiter to withdraw liquidity pool tokens totaling $25

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