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BONKfun Restores Website After Domain Hijack, Plans 110% User Reimbursement

BONKfun Restores Website After Domain Hijack, Plans 110% User Reimbursement

BONKfun said it regained control of its domain around 5 p.m. ET on March 18 and restored major wallet functions on March 19 after a social engineering attack caused about $30,000 in losses.

Fact Check
The information is directly sourced from BONKfun's official communication channels and corroborated by multiple independent crypto news organizations. The specific figures ($30,000 loss, 110% reimbursement) and dates (March 18-19 recovery) match perfectly across all reports.
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Summary

BONKfun said a social engineering attack hijacked its domain, leading to about $30,000 in user losses. The team stated that internal systems and accounts were not breached, regained full control of the domain around 5 p.m. ET on March 18, and restored major wallet functionality on March 19. BONKfun previously said it plans to reimburse affected users at 110% of losses.

Terms & Concepts
  • Domain hijack: The unauthorized takeover or redirection of a website domain, often used to mislead users or intercept traffic.
  • Social engineering: A manipulation tactic used to trick service providers or individuals into granting unauthorized access or control.
  • Wallet: A crypto wallet is a tool or interface used to store, send, and receive digital assets and interact with blockchain-based services.