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Will Thala increase its bug bounty rewards by March 2025?
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Official statements or policy updates from Thala
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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