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Cryptoprowl.com / Bonk.fun, a community-driven Solana (CRYPTO: $SOL ) token issuance platform, has suffered a major hack that is putting user funds at risk.

Developers of Bonk.fun are warning users to avoid its website after hackers hijacked a team account and installed a cryptocurrency drainer on the domain.

The operator of Bonk.fun, known only as "Tom," said the hack was detected quickly but that losses are not yet known.

"We're doing everything in our power to fix the situation," wrote Tom on social media, adding that he is prioritizing users who have trusted the platform for the past eight months.

The breach on Bonk.fun underscores the vulnerabilities in cryptocurrency frontends as the ecosystems grow bigger.

The attack on Bonk.fun is believed to be a phishing attack, which tricks users into signing malicious prompts on hijacked domains.

In 2025, phishing attacks on crypto platforms hit a record high and cost the industry $17 billion U.S., a 1,400% increase as the schemes grow more sophisticated in nature.

Damage to Bonk.fun might be minimal. Tom said that past connections to Bonk.fun remain safe, as do trades executed through third-party terminals.

The Bonk token is currently trading at $0.055992 U.S.