Crypto exploit losses in May fall 90% over month to $68M: CertiK
CertiK says May is the third month so far in 2026 to record crypto losses under $100 million....
Key takeaways
- 1Crypto exploit losses fell 90% in May to $68.3 million from April's $650 million, marking the third sub-$100M month in 2026.
- 2Cross-chain bridges suffered the most damage with $28.6 million (42% of total losses); code vulnerabilities caused 66% of losses.
- 3Verus Protocol's bridge exploit ($11.5M) and THORChain breach ($10.1M) were May's largest incidents amid rising AI-assisted malware attacks.
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Why it matters
Lower exploit losses suggest improving security practices in crypto, but persistent vulnerabilities in bridges and code remain critical risks for Indian retail investors holding assets on DeFi platforms. The rise of AI-assisted malware targeting developers could introduce new systemic risks to the ecosystem.
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