Cryptobriefing
Published on 2026-07-11 | 36 mins ago

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. The post BonkDAO’s $20M treasury drained after attacker spends $4.4M on BONK tokens to hijack governance vote appeared first on Crypto Briefing.

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