BONK
Coverage of BONK in the Nexus archive.
- BONK faces $20 million treasury drain after attacker spends $4 million to pass malicious proposal
BONK's treasury faced a $20 million drain after an attacker spent $4 million to pass a malicious proposal. The incident highlights vulnerabilities in the system's governance mechanisms.
- Attackers vote themselves $20 million in BONK cryptocurrency
BonkDAO reported being targeted by a malicious governance proposal where large BONK holders exploited their leverage to vote additional cryptocurrency into their wallets, resulting in attackers securing $20 million in BONK.
- BonkDAO loses $20 million following ‘malicious governance proposal’ attack
BonkDAO lost $20 million due to a 'malicious governance proposal' attack. The stolen funds have been traced to crypto exchanges, and South Korea-based Upbit has suspended BONK deposits and withdrawals.
- Memecoin trades carry rare 'seven-leg' parlay odds, BONK's Nom says at Consensus
Memecoin trades have rare seven-leg parlay odds according to BONK's Nom at Consensus, indicating unusual market activity. This event is related to cryptocurrency trading and its associated risks. The statement was made in a conference setting, likely discussing financial markets and trends.