๐จ Crypto Security Report โ May 2026
According to CertiK, crypto-related losses dropped to $68.3M in May, down sharply from $547.3M in April.
However, the number of attacks reached a new yearly high with 60 confirmed incidents, highlighting a shift toward more frequent and sophisticated exploits.
๐น Smart contract vulnerabilities accounted for 66% of total losses ($45.13M).
๐น Cross-chain bridges remained a major target, generating $28.62M in losses.
๐น Verus suffered the largest exploit at $11.52M, followed by Thorchain with $10.12M.
๐น Approximately $9.38M was recovered, representing 13.7% of total losses.
The trend is clear: attackers are moving beyond phishing and increasingly targeting protocol infrastructure, smart contracts, validators, and DeFi systems.
As the industry matures, security is no longer a competitive advantageโit is a fundamental requirement for sustainable growth.
Source : cointribune. Com
#crypto #blockchain #defi #CyberSecurity #Web3
According to CertiK, crypto-related losses dropped to $68.3M in May, down sharply from $547.3M in April.
However, the number of attacks reached a new yearly high with 60 confirmed incidents, highlighting a shift toward more frequent and sophisticated exploits.
๐น Smart contract vulnerabilities accounted for 66% of total losses ($45.13M).
๐น Cross-chain bridges remained a major target, generating $28.62M in losses.
๐น Verus suffered the largest exploit at $11.52M, followed by Thorchain with $10.12M.
๐น Approximately $9.38M was recovered, representing 13.7% of total losses.
The trend is clear: attackers are moving beyond phishing and increasingly targeting protocol infrastructure, smart contracts, validators, and DeFi systems.
As the industry matures, security is no longer a competitive advantageโit is a fundamental requirement for sustainable growth.
Source : cointribune. Com
#crypto #blockchain #defi #CyberSecurity #Web3