#bonkdao

[rwatimes]

DeFi & L1L2 — 🔼 Tokenized stock trading volume hit $6.7B; Vitalik Buterin detailed a multi-year "Lean Ethereum" roadmap

Tokenized stock trading volume hit $6.7B. Vitalik Buterin detailed a multi-year "Lean Ethereum" roadmap. BonkDAO lost $20M from a treasury hack.

➤ Tokenized stock trading volume surged to $6.7 billion in June, with significant interest in tokenized ETFs and specific company stocks. ➤ Vitalik Buterin outlined a multi-year 'Lean Ethereum' roadmap focused on protocol overhauls and quantum resistance, while other blockchain projects faced security breaches and upgrade delays. ➤ Ondo Finance is partnering with Broadridge for tokenized stock governance, and Aave expanded its protocol to the Monad blockchain, highlighting ongoing developments in RWA integration and DeFi expansion.

[rwatimes]

BonkDAO reveals $20M treasury raid after malicious governance attack

BonkDAO has disclosed that attackers have drained roughly $20 million worth of BONK tokens from its treasury after exploiting a malicious governance proposal. According to a statement published by BonkDAO on X, the unauthorized proposal allowed an unknown entity to…

➤ BonkDAO reported a $20 million treasury raid due to a malicious governance proposal exploit on the Solana blockchain. ➤ The DAO is cooperating with law enforcement to recover funds and identify perpetrators, while the BONK token price has seen a decline. ➤ This incident highlights ongoing security risks in DeFi and the memecoin market, with similar recent breaches affecting other platforms.

[36crypto]

BonkDAO Confirms $20M Treasury Exploit as Stolen BONK Moves to Exchanges

BonkDAO confirmed attackers drained $20 million in BONK through a malicious governance proposal, triggering market losses and investigations immediately underway. Upbit temporarily suspended BONK deposits and withdrawals while exchanges monitored stolen token movements during ongoing recovery efforts closely together now. BONK remains a leading Solana memecoin, while BonkDAO works with…

BonkDAO Confirms $20M Treasury Exploit as Stolen BONK Moves to Exchanges