After $20 Million 'Legal' Daylight Robbery, BONK Completely Abandoned by Upbit
- Upbit will terminate trading support for BONK on September 7, affecting BONK/KRW and BONK/USDT pairs.
- The price of BONK dropped about 10% following the announcement, falling from $0.0000028 to $0.0000025.
- BONK had previously suffered a governance attack resulting in the transfer of approximately $20 million from its treasury.
- The attacker used a governance proposal to transfer 4.426 trillion BONK to their wallet, controlling 99.878% of the votes.
- Recovery efforts for the stolen funds are ongoing, but no substantial recovery has been reported.
On August 7, South Korea's largest cryptocurrency exchange Upbit announced it will cease trading support for the cryptocurrency BONK on September 7. This decision affects the trading pairs BONK/KRW and BONK/USDT. Following the announcement, the price of BONK fell approximately 10%, reflecting concerns over the cryptocurrency's security and governance issues.
Upbit's decision comes after the exchange evaluated BONK and identified significant security incidents, including hacking attacks that went unresolved. The exchange noted that the issuer failed to promptly disclose critical information regarding the virtual asset, leading to concerns about potential user losses.
Previously, BONK experienced a governance attack that resulted in the unauthorized transfer of around $20 million from its treasury. The attacker exploited a governance proposal to gain control over the voting process, allowing them to transfer a substantial amount of BONK to their wallet.
Despite efforts by Bonk officials to recover the stolen funds and communicate with law enforcement, no significant recovery has been reported. Upbit's decision to delist BONK appears to be a precautionary measure in light of compliance risks and unresolved security vulnerabilities.
在2000万美元“合法”白昼抢劫后，BONK被Upbit完全放弃
8月7日，韩国最大的加密货币交易所Upbit宣布将于9月7日停止对加密货币BONK的交易支持。此决定影响了BONK/KRW和BONK/USDT交易对。公告发布后，BONK价格下跌约10%，反映了市场对该加密货币安全性和治理问题的担忧。
Upbit的决定是在评估BONK后做出的，发现其存在重大安全事件，包括未解决的黑客攻击。交易所指出，发行方未能及时披露关于虚拟资产的重要信息，导致用户损失的潜在风险引发了担忧。
此前，BONK经历了一次治理攻击，导致约2000万美元从其金库中被未经授权转移。攻击者利用治理提案控制了投票过程，使其能够将大量BONK转移到其钱包中。
尽管BONK官方努力追回被盗资金并与执法部门沟通，但尚未报告任何实质性的恢复。Upbit决定下架BONK似乎是出于对合规风险和未解决安全漏洞的预防措施。