BONK faces $20 million treasury drain after attacker spends $4 million to pass malicious proposal
CoinDesk· Shaurya Malwa· Jul 7, 2026 · 5:40 AM
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.
This is a summary. Read the complete story at CoinDesk below.
Read full article at CoinDeskRelated Stories
cryptoabout 2 hours ago
US sanctions Canadian money-exchange firms over Iran ties
US also offers as much as $20 million and possible relocation for information about Iran’s nuclear program.
Cointelegraph
cryptoabout 4 hours ago
Suspicious prediction market activity seen before election poll release: NYT
Bets were placed shortly before two recent New York Times/Siena political polls were released to the public, according to a report.
Cointelegraph
cryptoabout 5 hours ago
Nvidia may face a more hostile post-election Washington: Report
CEO Jensen Huang’s relationship with President Donald Trump probably won’t save the company from a more adversarial Washington, Semafor says.
Cointelegraph