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BONK faces $20 million treasury drain after attacker spends $4 million to pass malicious proposal
The attacker bought enough of the memecoin's tokens to pass a governance proposal that sent the group's holdings to a wallet they controlled, then began selling.
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cryptobriefing.com
BonkDAO treasury drained of $20M in BONK tokens via malicious governance proposal
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.
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decrypt.co
Solana Meme Coin Bonk Treasury Drained of $20 Million in 'Malicious' Governance Attack - Decrypt
The Bonk DAO wallet was exploited for roughly $20 million worth of the prominent dog-themed meme coin on Solana.
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theblock.co
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.
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news.bitcoin.com
BonkDAO Treasury Loses $20M in Malicious Governance Attack, BONK Slides 8%
BonkDAO confirms a $20M treasury drain via a malicious governance proposal. Investigations are underway to recover funds.
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thedefiant.io
BonkDAO Treasury Drained of $20M via Malicious Proposal | The Defiant
BonkDAO, the decentralized autonomous organization tied to the Solana-based memecoin BONK, said Monday it was the target of a malicious governance…
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BonkDAO hacked for $20M in BONK tokens via malicious governance proposal
BonkDAO lost $20M in BONK tokens after an attacker spent $4M to buy enough voting power to pass a malicious governance proposal on Solana's Realms platform.
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cointelegraph.com
BonkDAO Reports $20M Theft from ‘Malicious Governance Proposal’
The price of BONK dropped about 7% amid an attack on the project, resulting in the removal of $20 million worth of tokens.
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cryptonomist.ch
Attacco governance BonkDAO: furto di 20 milioni di dollari
L'attacco governance BonkDAO ha svuotato la tesoreria di oltre 20 milioni di dollari, creando preoccupazioni per la sicurezza delle DAO.
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coindesk.com
BONK faces $20 million treasury drain after attacker spends $4 million to pass malicious proposal
The attacker bought enough of the memecoin's tokens to pass a governance proposal that sent the group's holdings to a wallet they controlled, then began selling.
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benzinga.com
Bonk Nosedives 8% After Attackers Rob $20 Million From Memecoin's Treasury — BonkDAO Says it's Working to
Bonk plummeted on Monday, July 6, after hackers drained nearly $20 million worth of the memecoin from the project’s treasury.
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BonkDAO Attacker Moves $19M Loot Into New 'BONK 2.0' DAO | The Defiant
The wallet behind BonkDAO's $20 million governance attack has parked most of the stolen BONK in a multisig controlled by a newly created shadow DAO.