Digital Asset
Intelligence
Security Incident

BonkDAO Governance Attack: $20.00M Reported Loss

·Historical incident record

Incident Overview

BonkDAO suffered a governance attack. The attacker spent ~$4M to buy BONK tokens for sufficient voting power and passed a malicious governance proposal (BIP-76) to transfer ~$20M BONK from the treasury to controlled wallets. No smart contract exploit; used the DAO's own voting system.

Sources & References

Original incident referencehttps://cryptonews.net/news/security/33109969/ (opens in a new tab)

This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.

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