According to ME News, on June 1 (UTC+8), CertiK data showed that crypto platform attack losses in May dropped to $68.3 million, a nearly 90% decline from $650 million in April. May marked the third month in 2026 with losses under $100 million. Approximately $2.6 million of the losses stemmed from phishing attacks, and around $9.4 million in stolen funds have been recovered or returned. The largest single loss in May came from the Verus Protocol cross-chain bridge attack, which resulted in $11.5 million stolen; THORChain ranked second with $10.1 million stolen. Code vulnerabilities were the most costly attack vector, accounting for approximately $45 million, or 66% of total losses; wallet or private key compromises caused $13.7 million in losses. Cross-chain bridges were the primary target, suffering $28.6 million in losses, representing 42% of the total. (Source: ODAILY)
CertiK: Crypto Platform Attack Losses May Drop to $68.3M, Down 90% from April
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Summary
CertiK reports that crypto market losses from attacks in May dropped to $68.3 million, a 90% decline from April’s $650 million. This marked the third time in 2026 that monthly losses remained under $100 million. Phishing accounted for $2.6 million in losses, while $9.4 million was recovered. The Verus Protocol cross-chain bridge attack resulted in $11.5 million in losses, followed by THORChain’s $10.1 million. Code vulnerabilities caused $45 million in losses, representing 66% of the total. Cross-chain bridges were the primary target, with $28.6 million stolen. Altcoins to monitor may include projects with robust security measures amid ongoing threats.
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