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Which ecosystem will the next major DeFi security incident occur in by the end of 2024?
2
Resolution / Starting Odds
Aptos ecosystem project • 25%
Ethereum ecosystem project • 25%
Binance Smart Chain project • 25%
Other blockchain ecosystem • 25%
Reports from major cryptocurrency news outlets or official statements from affected projects
Story
Thala Recovers $25 Million After Successful Hacker Negotiation, Pays $300,000 Bug Bounty
Nov 16, 2024, 05:26 PM
Thala, a DeFi project in the Aptos ecosystem, experienced a security vulnerability attack on its latest V1 liquidity pool contract, resulting in the theft of $25 million. With the assistance of law enforcement, SEAL 911, and Ogle Security, Thala successfully negotiated with the hacker for the return of the stolen funds. The hacker agreed to return the $25 million in exchange for a $300,000 bug bounty. The recovery process was completed in less than six hours, marking a significant achievement for Thala and its security partners.
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