CryptoNews.com, May 31: 1. The number of cyberattacks on the crypto industry in Q1 2026 doubled year-over-year, while losses decreased to $496 million; 2. Analysts: Bitcoin rebounds to $75K? Divergent views on $71K support; 3. PeckShield: Cosmos Gravity Bridge hacked, resulting in $5.4 million in losses; 4. AAVE releases investigation into the rseth incident; attacker’s assets have been partially burned; 5. Laser Digital, a subsidiary of Nomura Holdings, receives preliminary U.S. approval to establish a national trust bank; 6. South Korean financial institutions accelerate efforts to acquire equity in local crypto exchanges; 7. Giustra: Risk of asset seizure undermines Bitcoin’s status as digital gold; 8. Qingdao Lichang District Procuratorate rules on a Bitcoin theft case; 9. USDT transaction robbery occurs in Chandigarh, India; 10. Brazil to host the third Cryptocurrency Forensic Technology Conference.
Q1 2026 Crypto Industry Hacks Double Year-over-Year, Losses Drop to $496M
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Summary
On-chain data shows that crypto industry hacks doubled in Q1 2026, with total losses amounting to $496 million. PeckShield reported a $5.4 million attack on the Cosmos Gravity Bridge. Aave shared on-chain analysis of the rseth incident, revealing that some of the attacker’s assets have been destroyed.
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