Crypto Exploit Losses Drop 90% in May to $68.3 Million, CertiK Reports
By
@cointelegraph
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Summary
Crypto platform exploit losses dropped nearly 90% in May 2026 to $68.3 million, down from $650 million in April, according to security firm CertiK. May became the third month of 2026 to record losses under $100 million. Phishing attacks accounted for about $2.6 million of the stolen funds, while roughly $9.4 million was recovered or returned. The April spike was the highest monthly loss since March 2022, excluding the $1.5 billion Bybit hack in February 2025. Code vulnerabilities and bridge exploits were the primary causes of the losses.
Key quotes
· 2 pulledAfter a particularly bad April, May is now the third month of 2026 to record losses under [$100 million].
Around $2.6 million of the total crypto stolen in May was due to phishing attacks, while roughly $9.4 million was recovered or returned, it added.
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