{"id":625357,"date":"2026-07-06T21:54:12","date_gmt":"2026-07-06T21:54:12","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/07\/06\/bonkdao-reports-20m-theft-from-malicious-governance-proposal\/"},"modified":"2026-07-06T21:54:12","modified_gmt":"2026-07-06T21:54:12","slug":"bonkdao-reports-20m-theft-from-malicious-governance-proposal","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/07\/06\/bonkdao-reports-20m-theft-from-malicious-governance-proposal\/","title":{"rendered":"BonkDAO reports $20M theft from \u2018malicious governance proposal\u2019"},"content":{"rendered":"

\"BonkDAO<\/p>\n

The developers behind the memecoin project said they had informed law enforcement after the attack and were working to \u201crecover funds and identify those responsible.\u201d <\/p>\n

The decentralized autonomous organization (DAO) behind the Bonk (BONK) memecoin reported that an unknown entity had removed $20 million worth of the tokens in what it described as an attack using a \u201cmalicious governance proposal.\u201d<\/p>\n

In a Monday X post, the Bonk project said<\/a> that it had informed law enforcement after the $20 million attack and was working to \u201crecover funds and identify those responsible.\u201d According to BonkDAO, the parties had drained $20 million in tokens from the project\u2019s treasury on the Solana blockchain.<\/p>\n

One of the dog-themed memecoins, along with tokens like Dogecoin (DOGE) and Shiba Inu (SHIB), BONK launched in December 2022, with its developers airdropping half of the token\u2019s total supply. The price of BONK dropped about 7% over 24 hours amid reports of the attack, to about $0.05.<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

The developers behind the memecoin project said they had informed law enforcement after the attack and were working to \u201crecover funds and identify those responsible.\u201d The decentralized autonomous organization (DAO) behind the Bonk (BONK) memecoin reported that an unknown entity had removed $20 million worth of the tokens in what it described as an attack […]<\/p>\n","protected":false},"author":1,"featured_media":625358,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-625357","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/625357","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=625357"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/625357\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/625358"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=625357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=625357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=625357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}