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BonkDAO Treasury Loses $20M in Malicious Governance Attack, BONK Slides 8%

Bitcoin.com

Bitcoin News / Bitcoin.com 22 Views

Bonk Logo and down arrow.BonkDAO, the decentralized autonomous organization overseeing the BONK meme token ecosystem on Solana, confirmed on Monday that it was the victim of a focused governance attack ensuing within the lack of roughly $20 million in BONK tokens. The incident highlights a crucial vulnerability in decentralized governance buildings, because the attacker did not exploit sensible contract […]
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