BonkDAO, the decentralized autonomous organization tied to the Solana-based memecoin BONK, said Monday it was the target of a malicious governance…

BonkDAO lost $20 million in BONK tokens through a malicious governance proposal on Solana's Realms platform. Here's how the attack worked and what it means.

The Bonk DAO wallet was exploited for roughly $20 million worth of the prominent dog-themed meme coin on Solana.