AiCoin中文|Jul 11, 2026 07:02
The most ironic thing about the BONKDAO situation is:
It wasn’t a hacker breaking the door open,
but someone buying enough tickets to walk through the front door and getting the DAO to open the vault themselves.
With a cost of around $4.4M, they packaged a governance proposal that looked legit. Turns out, almost no one in the community voted, so the attacker’s single vote carried the majority weight. In the end, $20M worth of treasury assets were automatically transferred according to the rules.
The code wasn’t broken, the contract didn’t crash, and the process was completed.
The real problem was governance.
Low barriers, lack of participation, no delay or veto mechanisms—this is how it ends up:
The rules stay, but the money’s gone.
The most expensive vulnerabilities in crypto sometimes aren’t in the code, but in “nobody bothering to vote.”
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