โ ๏ธ $20M BONK Drained After Attacker Sneaks Through Malicious Governance Proposal
BonkDAO was hit hard this week โ an attacker drained approximately $20 million in BONK tokens by pushing through a malicious governance proposal that most holders didn't catch in time. The exploit is a sharp reminder that on-chain governance is only as safe as the community's vigilance: if token holders don't scrutinize proposals, bad actors can literally vote themselves the treasury. DeFi governance attacks are becoming a recurring playbook. Not financial advice. Is your favorite DAO checking its proposals closely enough?
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