Blockchain security monitor PeckShieldAlert has flagged a reported exploit targeting 79thVault, stating that 10,000 $79AU tokens were drained and subsequently swapped for 16,249 $BNB. The report has not been independently confirmed, and 79thVault has not issued a public statement as of publication.

What PeckShieldAlert Reportedly Identified

PeckShieldAlert, the alert-focused account of blockchain security and analytics firm PeckShield, posted a notice attributing a reported exploit to 79thVault. The firm described the incident as a drain of 10,000 $79AU tokens, followed by an immediate conversion into $BNB. PeckShield's on-chain monitoring is widely used to surface hacks, exploits, and large fund movements in near real time.

The alert is an initial flag rather than a confirmed post-mortem. Establishing the full scope of the incident would require independent on-chain verification and a response from the affected project.

The episode follows a pattern seen across decentralized finance (DeFi), in which security researchers surface suspicious token movements before project teams have had time to respond or comment. DeFi protocols have collectively lost billions of dollars to hacks and exploits across successive market cycles, which is why real-time on-chain monitoring has become a standard layer of ecosystem surveillance. On-chain watchers have recently flagged other significant asset flows as well, including a transfer of 36,199 ETH from Coinbase Institutional to a newly created wallet.

Details of the Reported Drain and Swap

According to the PeckShieldAlert report, the attacker moved 10,000 $79AU out of 79thVault and converted the position into 16,249 $BNB, an implied ratio of roughly 1.625 $BNB per $79AU token. The immediate swap suggests the attacker sought liquidity in a more widely traded asset rather than holding the drained token, which could otherwise be difficult to offload.

No transaction hash, contract address, or block explorer link was included in the available report at the time of writing, leaving on-chain verification by independent researchers as an open step.

$BNB is the native asset of BNB Chain, a network that hosts a substantial share of DeFi activity, and also serves as the network's gas token. Security incidents on BNB Chain protocols are monitored by firms such as PeckShield as part of broader ecosystem surveillance. Because BNB Chain, like other public blockchains, records transactions on an open ledger, any further movement of the converted funds would in principle be traceable by anyone using a block explorer. For broader context, DeFiLlama tracks total value locked across BSC-based protocols at defillama.com/chain/BSC, a reference point readers can use to gauge the relative size of any reported loss against the ecosystem's overall liquidity.

The exchange rate implied by the reported swap — 10,000 $79AU for 16,249 $BNB — would depend on prevailing market prices and available liquidity at the time of the transaction. Without a confirmed block timestamp or on-chain reference, a U.S. dollar equivalent for the reported loss cannot be calculated from the available evidence alone.

What Remains to Be Verified

PeckShieldAlert's notice is a starting point for investigation, not a final audit. Confirmation of the exploit would require the 79thVault team to acknowledge the incident, a block explorer record tying the specific drain transaction to the reported amounts, and an explanation of the attack vector used. Initial alerts from on-chain monitors have, in past incidents across the sector, sometimes been revised once analysts traced the full flow of funds. Tracing where converted funds head afterward — whether through additional swaps, bridges, or mixing services — has historically been a central focus of post-exploit investigations in DeFi. Until those elements become public, the event remains a reported exploit attributed to a single security monitor.

Users holding $79AU or interacting with 79thVault contracts should monitor the project's official channels for any advisory, pause announcement, or remediation plan. DeFi security incidents have previously led to emergency protocol pauses, post-mortem disclosures, and, in some cases, recovery efforts. The absence of a project response at the time of this report means the situation could evolve quickly.

The reported figures — 10,000 $79AU drained and converted into 16,249 $BNB — remain unconfirmed by the project or by an independent on-chain audit. Coinwy will update this report if 79thVault or additional verified sources provide further details.

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.