79thVault Loses $12.5 Million in Attack Exploiting Privileged Function

The DeFi project 79thVault on the BNB Chain lost approximately $12.5 million following a series of suspicious transactions involving the 79AU token. Experts from GoPlus Security have not ruled out the possibility of a key compromise or insider involvement.

Steven M. Crimmins

Steven M. Crimmins is a cryptocurrency strategist and freelance writer who has followed the blockchain industry since Bitcoin’s early days. Known for his sharp analysis of altcoins and trading strategies, Steven provides Satoshi News Africa readers with market-focused content grounded in research. He is especially interested in how African traders are adopting crypto as an alternative to traditional markets. Steven is also a podcast host, where he discusses emerging technologies and investment trends.