Add as a preferred source on Google79thVault Hot Wallet Receives 15,000 BNB Worth About $11 Million
The returned funds represent most of the roughly $12.5 million lost in the 79AU-related incident on BNB Chain.
A wallet designated by the 79thVault team received 15,000 BNB worth about $11 million, recovering most of the funds tied to the 79AU-operated hot wallet incident on BNB Chain.
The returned amount compares with an estimated loss of roughly $12.5 million. An additional 30 BNB was deposited into a KuCoin address, while the status of the remaining funds was not immediately clear.
The 79thVault wallet typically handled small transfers to a rewards pool. Before the return, it transferred 2.01 million 79AU tokens to an external address through seven transactions, ranging from 10,000 to 500,000 tokens each.
Simon Yoon
ReporterSimon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.