BonkDAO treasury drained of $20M in BONK tokens via malicious governance proposal
Covered by 13 sources · 13 articles
13 outlets - including Coinotag, Cryptoninjas and Coingape and 10 more - are covering this story. BONK News South Korea's three largest digital-asset exchanges — Upbit, Bithumb and Coinone — placed BONK, the Solana-based meme coin, under a formal trading-caution designation on July 7. The excha...
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BONK Treasury Loses $20M to Malicious Governance Vote
BONK News South Korea's three largest digital-asset exchanges — Upbit, Bithumb and Coinone — placed BONK, the Solana-based meme coin, under a formal trading-caution designation on July 7. The excha...
BonkDAO Hit by $20M Treasury Hack After Malicious Governance Proposal Rocks BONK Holders
Key Takeaways: The malicious governance proposal resulted in BonkDAO’s treasury losing an estimated $20 million in BONK tokens. The DAO has identified wallets associated with the attack and is engaged The post BonkDAO Hit by $20M Treasury H…
BONK Slides 8% After BonkDAO Treasury Drained of $20M in Governance Attack
The BONK price dropped around 8% on July 6 after BonkDAO. The decentralized governance body behind Solana’s popular memecoin $BONK, confirmed that a malicious governance proposal drained an estimated $20 million from its treasury. The attac…
BonkDAO reveals $20M treasury raid after malicious governance attack
BonkDAO has disclosed that attackers have drained roughly $20 million worth of BONK tokens from its treasury after exploiting a malicious governance proposal. According to a statement published by BonkDAO on X, the unauthorized proposal all…
BonkDAO Suffers $20M Loss After Malicious Governance Proposal Attack
A hacker drained approximately $20 million worth of BONK tokens from the treasury of the Bonk Inu memecoin decentralized organization, BonkDAO. The official Bonk Inu team confirmed on Monday through their X account that an attacker managed…
BonkDAO Says Malicious Governance Proposal Drained $20M Treasury
BonkDAO was hit by a malicious governance proposal that drained an estimated $20 million worth of BONK from its treasury, pushing another Solana-linked security incident into the center of the memecoin market. The attack used BonkDAO’s gove…
Solana Meme Coin Bonk Treasury Drained of $20 Million in 'Malicious' Governance Attack
The Bonk DAO wallet was exploited for roughly $20 million worth of the prominent dog-themed meme coin on Solana.
BonkDAO reports $20M theft from ‘malicious governance proposal’
The developers behind the memecoin project said they had informed law enforcement after the attack and were working to “recover funds and identify those responsible.”
BonkDAO Treasury Loses $20M in Malicious Governance Attack, BONK Slides 8%
BonkDAO, the decentralized autonomous organization overseeing the BONK meme token ecosystem on Solana, confirmed on Monday that it was the victim of a targeted governance attack resulting in the loss of approximately $20 million in BONK tok…
BonkDAO Hit by $20M Treasury Drain in Governance Attack, BONK Slides
A harmful proposal reportedly passed BonkDAO governance, exposing ongoing security risks in decentralized DAO structures.
BonkDAO Says Malicious Governance Proposal Drained $20M Treasury
BonkDAO was hit by a malicious governance proposal that drained an estimated $20 million worth of BONK from its treasury, pushing another Solana-linked security incident into the center of the memecoin market. The attack used BonkDAO’s gove…
BonkDAO loses $20 million following ‘malicious governance proposal’ attack
The funds have been tracked to crypto exchanges, and South Korea-based Upbit said it has suspended BONK deposits and withdrawals.
BonkDAO treasury drained of $20M in BONK tokens via malicious governance proposal
The attack highlights vulnerabilities in DAO governance, urging enhanced security measures to protect community treasuries and investor interests. The post BonkDAO treasury drained of $20M in BONK tokens via malicious governance proposal ap…