79th Vault token 79AU exploited after operator key leak; team seeks white-hat deal
AI Market Summary
79th Vault's 79AU exploit, reportedly tied to operator key exposure and permission misuse, led to token withdrawals and an abnormal price spike before assets were swapped into USDT and then BNB on-chain. While permissions were patched and negotiations for a whitehat settlement are ongoing, the incident reinforces operational and key-management risk on BNB Chain and can pressure near-term risk appetite and liquidity around related venues.
Impact level
● Medium
Affected assets
BNB/USDT-3.26%
AI Insight · BNB/USDTAI Insight
▼ Bearish
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ME News reported that 79th Vault said its 79AU token was compromised on Oct. 7 after a flaw in account-permission management exposed the operator's private key. The attacker used the related permissions to withdraw tokens from the contract, triggering a brief abnormal price surge.
79th Vault said the stolen assets were swapped on-chain into USDT and then into BNB. The team has patched the affected permissions and contract operations and completed an urgent risk-control review.
The attacker's address has been identified and the stolen funds remain under active tracking. Under the project's bug-bounty framework, the team has proposed a white-hat settlement. The attacker has responded and negotiations are ongoing.
79th Vault added it is working with exchanges, blockchain security firms and other parties to pursue legally viable options to recover the funds. Previously, Foresight News, citing Defimon Alerts monitoring, said 79th Vault on BNB Chain may have lost about $12.5 million due to a private-key leak. (Source: Foresight News)
