BTC$65,175.00+1.10%ETH$1,942.64+3.40%USDT$0.999196+0.00%BNB$572.37+0.50%USDC$0.999716+0.00%XRP$1.10+0.50%SOL$76.33+2.10%TRX$0.331068+0.00%FIGR_HELOC$1.03+2.90%WBT$57.09+1.60%HYPE$59.61+2.00%DOGE$0.072543+0.60%USDS$1.00+0.00%RAIN$0.014026+1.20%

◆ #bonk

Altcoins2m read

BONK Treasury Drained of $20 Million Following Malicious Governance Proposal

Memecoin project BONK has suffered a **$20 million** treasury drain after an attacker exploited its governance mechanism by purchasing **$4 million** in tokens.

Jul 7, 2026

Altcoins3m read

BonkDAO Reports $20 Million Theft Stemming from Malicious Governance Proposal

BonkDAO, the entity behind the memecoin project, has reported a $20 million theft resulting from a malicious governance proposal.

Jul 6, 2026