BonkDAO suffers malicious governance proposal attack, approximately $20 million worth of BONK stolen
2026-07-06 22:32
Odaily Planet Daily News: The official X account of Bonk Inu stated that BonkDAO was attacked by a malicious governance proposal, resulting in the theft of approximately $20 million worth of BONK tokens from its DAO treasury.
According to reports, the attacker exploited a suspicious governance proposal to transfer the assets from the BonkDAO treasury. The stolen BONK subsequently began flowing into exchanges, exerting downward pressure on the BONK price. Data from The Block shows that the BONK price has dropped over 9%.
Subsequently, the South Korean exchange Upbit issued an announcement stating that it has temporarily suspended BONK deposits and withdrawals to respond to the incident and prevent potential risks. (The Block)
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