BonkDAO's treasury lost approximately $20 million in BONK due to a malicious governance proposal. Attackers reportedly amassed $4 million in BONK before the vote, exploiting low participation and token-weighted approval to bypass security measures. The incident highlights operational security challenges for DAOs.
BonkDAO's treasury was drained of approximately $20 million in BONK tokens due to a malicious governance proposal. Attackers reportedly amassed $4 million in BONK before the vote, exploiting low participation and token-weighted approval to bypass security measures. This incident highlights operational security challenges for DAOs.
La gouvernance de BonkDAO, qui administre l'écosystème du memecoin BONK sur Solana, a été compromise par un attaquant. Environ 20 millions de dollars en BONK ont été volés de la trésorerie suite à l'adoption d'une proposition malveillante.
BonkDAO, the decentralized autonomous organization for the Bonk meme coin, experienced a $20 million exploit due to a malicious governance attack. A passed proposal transferred over 4.4 trillion BONK tokens to an attacker's wallet, prompting investigations and actions from exchanges.
