The one thing that remains constant in the crypto market, irrespective of whether it’s booming or not, is hacks. Thursday, hackers grabbed Bonk.fun’s domain, the Raydium- and BONK-backed Solana token launchpad, and planted a wallet drainer there.

Operator Tom announced the hack to the community through his X account @SolportTom. “Do not use the http://bonk.fun domain until further notice, hackers have hijacked a team account forcing a drainer on the DOMAIN,” he said. Bonk’s official X handle confirmed the same.

The breach underscores persistent vulnerabilities in crypto frontends, even as institutional participation booms and ecosystems become bigger.

Phishing attacks like this one, which trick users into signing malicious prompts on…