Bonk

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2 Aug, 03:54
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‘Incentivize democracy' at the cost of security? Inside Bonk's $20M exploit

‘Incentivize democracy' at the cost of security? Inside Bonk's $20M exploit

Will whales continue accumulating the memecoin despite the governance exploit?

Ambcrypto | 3 weeks ago
BONK DAO Lost $20 Million Without a Hack — Here's How a Governance Attack Drained the Treasury

BONK DAO Lost $20 Million Without a Hack — Here's How a Governance Attack Drained the Treasury

An attacker spent ~$4M on BONK, then passed a fake proposal to move $20M out of the treasury. No smart contract exploit — just purchased voting power.

Cryptoticker | 3 weeks ago
BONK Price Drops as BonkDAO Loses $20M in Treasury Attack

BONK Price Drops as BonkDAO Loses $20M in Treasury Attack

An attacker reportedly used token-weighted voting to pass a malicious proposal and move BonkDAO treasury funds.

Blockonomi | 3 weeks ago
BONK faces $20 million treasury drain after attacker spends $4 million to pass malicious proposal

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.

Coindesk | 3 weeks ago
BonkDAO drained of $20 million in governance attack, BONK slides

BonkDAO drained of $20 million in governance attack, BONK slides

An attacker has moved roughly $20 million in BONK tokens out of the BonkDAO community's treasury. The token is now down more than 9%.

Cryptopolitan | 3 weeks ago
BonkDAO hacked for $20M in BONK tokens via malicious governance proposal

BonkDAO hacked for $20M in BONK tokens via malicious governance proposal

The hack exposes critical vulnerabilities in DAO governance, highlighting the urgent need for stronger security measures to protect investor assets. BonkDAO hacked for $20M in BONK tokens via malicious governance proposal.

Cryptobriefing | 3 weeks ago
BonkDAO treasury drained of $20M in BONK tokens via malicious governance proposal

BonkDAO treasury drained of $20M in BONK tokens via malicious governance proposal

The attack highlights vulnerabilities in DAO governance, urging enhanced security measures to protect community treasuries and investor interests. BonkDAO treasury drained of $20M in BONK tokens via malicious governance proposal.

Cryptobriefing | 3 weeks ago
Here's why BONK traders can expect another 21%-46% price bounce

Here's why BONK traders can expect another 21%-46% price bounce

A Bitcoin sell-off could quickly extinguish the flicker of hope in recent days and send BONK's price sliding once again.

Ambcrypto | 4 weeks ago
Memecoin trades carry rare 'seven-leg' parlay odds, BONK's Nom says at Consensus

Memecoin trades carry rare 'seven-leg' parlay odds, BONK's Nom says at Consensus

The BONK core contributor argued memecoins skipping ETF and public-company rails end up rinsing retail.

Coindesk | 2 months ago
Paxos Adds BONK to Its Regulated Crypto Brokerage, Expanding Access Across Major Fintechs

Paxos Adds BONK to Its Regulated Crypto Brokerage, Expanding Access Across Major Fintechs

Paxos integrated BONK into its crypto brokerage platform, allowing the memecoin to reach more than 500 million users worldwide. The integration enables platform partners to offer BONK without additional compliance requirements or new technical implementation.

Crypto-economy | 3 months ago