Thala Protocol Faces Security Breach, Recovers $25.5M in Stolen Funds

Thala Protocol Security Breach: Thala Protocol experienced a security breach in November 2024, resulting in the theft of $25.5 million, which was later recovered with law enforcement's help. The platform paused contracts and assured users that their positions would be made whole.

WazirX Hack Investigation: A suspect linked to the WazirX hack was arrested, but the investigation is hindered by non-cooperation from the security firm responsible for protecting WazirX's wallets. Despite the breach, WazirX claimed customer assets remained secure and that their infrastructure was not disrupted.