BonkDAO has disclosed that attackers stole $20 million worth of BONK tokens after exploiting what it described as a malicious governance proposal. The decentralised autonomous organisation said it has reported the incident to law enforcement and is working to recover the stolen funds while identifying those responsible. The exploit comes as crypto protocols continue to face a surge in security breaches during one of the industry’s most active periods for hacks.
BonkDAO Suffers $20 Million Loss Through Malicious Governance Proposal
