The article probes the security vulnerabilities associated with BONK token, focusing on smart contract weaknesses, network attacks, and centralized exchange custody risks. It examines the unique risks within Solana's ecosystem, including missing account verification and arbitrary program invocation, and stresses the necessity for continuous security audits. The piece also discusses a $30 million loss from network issues, emphasizing the volatility of meme coins, and highlights the dangers of centralized exchanges, urging demonstators to consider self-custody. This analysis is invaluable for BONK holders, developers, and investors seeking to understand and mitigate the security threats in the volatile cryptocurrency market.
10/22/2025, 12:05:14 PM