PeckShield stated that 79th Vault was attacked, with losses of approximately 12510000 USD
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AT A GLANCE
PeckShield stated that 79th Vault was attacked, 10,000 tokens 79AU were stolen and exchanged for 16,249 tokens BNB。
Article
Important news from last night and this morning (October 8 to October 9)
PeckShield:79th Vault attacked, suffering an estimated loss of 12510000 USD DeFi protocol 79th Vault(@79thVault) was attacked, 10,000 tokens$79AU were stolen and exchanged for 16,249 tokens BNB, worth approximately 12510000 USD. The attacker subsequently transferred 30 tokens BNB. People's Bank of China: No intention of gaining trade competitive advantages through depreciation and never engages in competitive currency devaluation. According to the People's Bank of China's official website, the central bank issued the Policy Position on the CNY exchange rate, clarifying that China implements a managed floating exchange rate regime based on market supply and demand, with reference to a basket of currencies for adjustment, and 2017 years later had exited routine foreign exchange intervention. The central bank stated that China has no intention of gaining trade competitive advantages through depreciation and never engages in competitive currency...
Key points
01
PeckShield stated that DeFi protocol 79th Vault was attacked, with losses of approximately 12510000 USD。
02
The original text stated that 10,000 tokens 79AU were stolen and exchanged for 16,249 tokens BNB。
03
The original text stated that the attacker subsequently transferred 30 tokens to KuCoin BNB。
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The People's Bank of China stated that China has no intention of gaining trade competitive advantages through depreciation and never engages in competitive currency devaluation.
05
The original text stated that China implements a managed floating exchange rate regime based on market supply and demand, with reference to a basket of currencies for adjustment.
06
The original text stated that 2017 years later it had exited routine foreign exchange intervention.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This news item contains two points: first, PeckShield reported that 79th Vault experienced token theft and exchange events, and stated that some BNB had been transferred to KuCoin; second, the People's Bank of China explained its position on CNY exchange rate policy. The original text did not provide attack details, on-chain records, or the outcome of any response.
Why it matters to readers
For 79th Vault users, the report concerns token theft and large asset transfers, which may relate to protocol asset security. The 30 tokens BNB transferred to KuCoin also provide a point for monitoring subsequent fund flows. The central bank's statement clarifies its policy position on the CNY exchange rate regime and competitive currency devaluation.
If you hold 79AU or use 79th Vault, you should monitor subsequent statements from the project team, but do not assess whether the funds can be recovered solely on the basis of this summary.BNB is one of the assets received in exchange for the stolen tokens; a transfer to an exchange does not mean that the original text has proven that they were sold.
Risks and unknowns
The evidence is a PANews channel's account of PeckShield's statement, without PeckShield's original alert attached.
The original text did not provide relevant on-chain addresses, transaction hashes, or a project announcement, so the attack and fund flows cannot be independently verified from this evidence.
The attack method, scope of affected users, whether the vulnerability has been fixed, and whether the assets can be recovered were not stated.
Related Developments
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It is unknown whether KuCoin has confirmed, frozen, or handled the related 30 tokens BNB.
The central bank-related passage is truncated with an ellipsis; the complete statement is not included in the evidence.
Related concepts
DeFi
A decentralized financial system that conducts activities such as lending and swapping through blockchain protocols.