Trust News
Public coverage, official project updates, and TokenShield events for Bonk.
Public Coverage · Not Project-Verified
· CoinDesk· Jul 7, 2026BONK faces $20 million treasury drain after attacker spends $4 million to pass malicious proposal
The attacker bought enough of the memecoin's tokens to pass a governance proposal that sent the group's holdings to a wallet they controlled, then began selling.
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· Decrypt· Jul 6, 2026Solana Meme Coin Bonk Treasury Drained of $20 Million in 'Malicious' Governance Attack
The Bonk DAO wallet was exploited for roughly $20 million worth of the prominent dog-themed meme coin on Solana.
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· The Block· Jul 6, 2026BonkDAO loses $20 million following ‘malicious governance proposal’ attack
The funds have been tracked to crypto exchanges, and South Korea-based Upbit said it has suspended BONK deposits and withdrawals.
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