Bonk.fun domain hack on 12 March adds pressure as BONK price tests key support

On 12 March, hackers reportedly took over the Bonk.fun domain and embedded a wallet drainer into the memecoin's launchpad, prompting the team to urge users to stop interacting with the site. The project stated that existing launchpad users and BONK traders on terminals were not affected, though some who signed a fake TOS message lost funds and no official loss figures have been released. Following the incident, BONK slid to $0.00000582 amid rising sell volume and declining derivatives activity, leaving the token vulnerable to further downside if panic persists.