Bonk
BONK explodes 11% but bears load up: THIS data says that the rally is a trap
Bonk surges, but bearish Funding Rates and negative sentiment cloud the rally.
Bonk Jumps 14% as Extreme Greed Signal Points to Crowded Meme Trade
Bonk (BONK), one of the most actively traded meme coins on the Solana (SOL) network, surged on Sunday, drawing renewed attention as speculative appetite returned to high-beta tokens. The move stood out not only for the sharp price gain but also for an extremely elevated 'greed' reading on Upbit's sentiment gauge—often a sign that short-term positioning has become crowded.
BONK Price Drops 40% Since Treasury Drain as Fresh Token Sales Raise More Selling Fears
The BONK price is struggling to find solid footing, and the latest on-chain activity isn't doing holders any favors. According to Lookonchain, the trader who legally drained 4.426 trillion BONK tokens worth $21.2 million from the BONK treasury has now sold another 800 billion BONK, valued at roughly $2.48 million.
BonkDAO governance exploit drains 4.4 trillion BONK from treasury as attacker begins selling
An attacker drained 4.426 trillion BONK tokens from BonkDAO's treasury via a governance exploit, sold 800 billion for $2M, and still holds 2.4 trillion BonkDAO governance exploit drains 4.4 trillion BONK from treasury as attacker begins selling.
BONK Attackers Send Another 400B to Coinbase, CEX Total Hits 1.626T
The wallets tied to the BONK governance incident have reportedly moved another 400 billion BONK to Coinbase, lifting the cumulative amount of BONK routed to centralized exchanges to 1.626 trillion tokens, according to on-chain tracking of the addresses involved.
How BONK's post-exploit moves could spur a price decline of 18%
A 120% spike in daily trading volume and a 30% uptick in Open Interest alongside a 6% BONK price slide outlined extreme selling pressure.
Here's what Gnosis needs to do to flip BONK on the market cap charts
GNO bulls have been pushing, but will the effort yield any result?
The BONK governance attack: How a DAO lost $20 million in one proposal
Nobody hacked anything. No smart contract failed, no private key leaked, no phishing link fired.
BonkDAO's $20M treasury drained after attacker spends $4.4M on BONK tokens to hijack governance vote
The incident highlights the critical need for robust governance structures in DAOs to prevent exploitation through low quorum thresholds. BonkDAO's $20M treasury drained after attacker spends $4.4M on BONK tokens to hijack governance vote.
Ripple Co-Founder Slams $20M BonkDAO Vote, Calls It “Corporate Fraud”
A manipulator withdrew 4.42 trillion BONK tokens (equivalent to $20 million) from the BonkDAO treasury using the voting system itself. The attacker acquired approximately 1% of the total BONK supply on centralized exchanges to secure the necessary quorum.
Mercuryo Executive Says BONK Exploit Means Industry Needs to Rethink Security
BonkDAO, the manager of BONK memecoin ecosystem, have reported that approximately $20 million in value was drained from the network as a user gained sufficient token voting power to drive a transfer of funds to accounts they controlled.
BONK Memecoin and Solana Ecosystem's BonkDAO Suffers Significant Treasury Drain in Governance Attack
BonkDAO—the entity managing aspects of the BONK memecoin ecosystem on Solana—has confirmed the loss of roughly $20 million worth of BONK tokens from its treasury. The incident stemmed from a malicious governance proposal that successfully authorized the transfer of funds to an attacker-controlled wallet.
