President Trump’s Bitcoin reserve plan stalls as agencies debate control
Trump’s Bitcoin reserve plan hits legal hurdles as Treasury and Commerce debate control of seized BTC, Bloomberg reported July 6, 2026.
Crypto News·
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…
Read full articleTrump’s Bitcoin reserve plan hits legal hurdles as Treasury and Commerce debate control of seized BTC, Bloomberg reported July 6, 2026.
The unresolved jurisdictional dispute over the Bitcoin reserve highlights the complexities of integrating digital assets into federal asset management. The post Strategic Bitcoin Reserve faces legal hurdles as Treasury and Commerce fight over who gets to hold the keys appeared first on Crypto Briefing.
The Bonk DAO wallet was exploited for roughly $20 million worth of the prominent dog-themed meme coin on Solana.
The developers behind the memecoin project said they had informed law enforcement after the attack and were working to “recover funds and identify those responsible.”
Ethereum co-founder Vitalik Buterin has published a “Lean Ethereum” roadmap that would replace nearly every major component of the protocol over the next three to four years, describing the effort as the network’s biggest transformation since the Merge. Looking to Forge a Better-Defined Future Buterin published the roadmap on X recently, days after Ethereum researchers […]
The hack exposes critical vulnerabilities in DAO governance, highlighting the urgent need for stronger security measures to protect investor assets. The post BonkDAO hacked for $20M in BONK tokens via malicious governance proposal appeared first on Crypto Briefing.
BonkDAO, the decentralized autonomous organization tied to the Solana-based memecoin BONK, said Monday it was the target of a malicious governance proposal that drained an estimated $20 million worth of BONK tokens from its treasury, according to a post on its official X account. The DAO said the…
BonkDAO, the decentralized autonomous organization overseeing the BONK meme token ecosystem on Solana, confirmed on Monday that it was the victim of a targeted governance attack resulting in the loss of approximately $20 million in BONK tokens. The incident highlights a critical vulnerability in decentralized governance structures, as the attacker did not exploit smart contract […]