BonkDAO Hit by $20M Treasury Hack After Malicious Governance Proposal Rocks BONK Holders

1 hour ago 1

Rommie Analytics

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 with exchanges, Solana Foundation and law enforcement.
The incident underscores escalating governance challenges within decentralized crypto actors.

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