
BonkDAO’s $20 Million Breach Exposes Governance Risks in Solana Memecoin
By David E | July 7, 2026
Governance Loophole Opens $20M Floodgate In the early hours of Monday, July 6, 2026, BonkDAO—the decentralized autonomous organization behind the Solana-based dog-themed memecoin BONK—reported a staggering loss of approximately $20 million...