Bonk.fun Domain Hijacked on March 11 as Wallet Drainer Targets Users and BONK Price Slips

On March 11, the official Bonk.fun website for the Solana memecoin launchpad was hijacked, with a wallet drainer embedded into the front-end to steal user funds. Only wallets that signed a fake terms-of-service message during the attack window were affected, and the team says losses are minimal. The BONK token has fallen nearly 1% in the last 24 hours and about 45% over the past year while the broader memecoin market has added around 2.5% and climbed back above a $32Bn capitalization.