A small decentralized autonomous organization (DAO) suffered a major smart contract exploit, resulting in the theft of an estimated $120 million from its protocol, according to an analysis by blockchain security firm PeckShield. The hack, known as the Bonq exploit, resulted in a loss of 98.65 million BEUR tokens worth $108 million and 113.8 million wrapped-ALBT (wALBT) tokens worth $11 million.