BONK.fun, a Solana-based meme coin launchpad formerly known as LetsBONK, said Thursday that attackers took over a team account and used it to run a wallet drainer on the site.
BONK.fun reduced creator fees to 0% in early 2026 to reignite growth, leading to a brief surge in revenue toward the end of January. The momentum faded soon after as Pump.fun responded with new incentives, allowing it to regain over 70% of the market by February.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
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