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DAO governance theft is having its biggest year since the Beanstalk disaster of 2022
Attackers have taken nearly $40 million through DAO governance this year, often by simply buying enough votes to make protocols hand over the keys.
Compound Foundation denies misusing DAO reserves that later became its voting power
Nearly $8.4 million in Compound DAO reserves was converted into COMP that later became part of the Foundation's voting power on its own $52 million funding proposal.
Upbit once handled nearly half of BONK trading. Now it's dropping it after a $20M DAO drain
Upbit, still home to BONK's biggest individual spot market, will stop supporting the Solana memecoin next month.
BONK price drops 10% after BonkDAO says malicious proposal drained $20M
BONK price drops 10% after BonkDAO said a malicious governance proposal drained an estimated $20 million worth of BONK tokens from its treasury.
Aave risk provider drafts proposal to give veto power after KelpDAO hack
Aave might be getting a stricter risk framework that could block tokens with weak controls after the KelpDAO hack rattled its lending markets.
Paradigm-backed launchpad MetaDAO seeks $2M to back smaller token launches
MetaDAO is considering a $2 million USDC proposal to seed an activist fund that would invest only in MetaDAO raises.
Arbitrum Foundation asks DAO for nearly 2x its 2025 profit
The Arbitrum Foundation is asking the DAO for roughly $43.5 million for another year, while Arbitrum reported about $23.5 million in gross profit in 2025.
LayerZero drops 1-of-1 verifier setup after KelpDAO hack
The company now says its own verifier will no longer sign as the sole required attestor.
KelpDAO cuts support for its restaking token on 20 blockchains
The protocol urged users to bridge the token back to Ethereum mainnet by June 15.
Kraken drops LayerZero for Chainlink after KelpDAO bridge mess
The exchange is moving kBTC away from LayerZero after a rough month for LayerZero's security reputation.