BONK DAO Loses $20 Million in Governance Attack, Token Falls 10%
Covered by 9 sources · 9 articles
9 outlets - including Coinedition, Cryptodaily and Nftplazas and 6 more - are covering this story. BONK faced selling pressure after BonkDAO confirmed that a wallet used its governance system to transfer approximately $20 million worth of treasury tokens. The incident involved a malicious proposal that received enough votes to execute th…
All coverage
BONK Price Falls After BonkDAO Treasury Loses $20 Million in Governance Attack
BONK faced selling pressure after BonkDAO confirmed that a wallet used its governance system to transfer approximately $20 million worth of treasury tokens. The incident involved a malicious proposal that received enough votes to execute th…
BONK Treasury Attack: Why DAO Governance Risk Is Back for Meme Tokens
4.43T BONK moved after a low-turnout vote, reviving DAO governance risk for meme tokens. We explain quorum math, attack paths, and holder defenses.
BONK DAO Loses $20 Million After Attacker Buys Governance Vote to Drain Treasury
A governance exploit has cost the BonkDAO treasury an estimated $20 million, after an attacker spent roughly $4.4 million acquiring enough BONK tokens to push through a malicious proposal that The post BONK DAO Loses $20 Million After Attac…
Solana : Bonk DAO Loses Nearly 20 Million Dollars in a Sophisticated Attack
BonkDAO lost about 20 million dollars on Monday following a governance attack that the team describes as malicious. An adopted proposal allowed transferring 4.4 trillion BONK tokens to the address of a suspected attacker. Will investigators…
BONK DAO Lost $20 Million Without a Hack — Here's How a Governance Attack Drained the Treasury
An attacker spent ~$4M on BONK, then passed a fake proposal to move $20M out of the treasury. No smart contract exploit — just purchased voting power.
BonkDAO Reports $20 Million BONK Treasury Breach Following Governance Attack
BonkDAO revealed that attackers managed to steal roughly $20 million in BONK through exploitation of the malicious governance proposal. This event happened at the project’s treasury on the Solana blockchain. According to BonkDAO, the malici…
BonkDAO drained of $20 million in governance attack, BONK slides
An attacker has moved roughly $20 million in BONK tokens out of the BonkDAO community’s treasury. The token is now down more than 9%. A chunk of the total token supply is now sitting in a thief’s wallet until they decide to sell. How was Bo…
BONK DAO Loses $20 Million in Malicious Governance Attack
BONK News BONK (BONK), the largest meme token on Solana, suffered an estimated $20 million treasury drain after attackers pushed through a malicious on-chain governance proposal, the project confir...
BONK DAO Loses $20 Million in Governance Attack, Token Falls 10%
BONK DAO has confirmed that attackers drained an estimated $20 million worth of BONK tokens from its treasury through a malicious governance proposal. The stolen funds have reportedly started moving to exchanges, prompting the project to co…