Crypto hacking losses in May totaled $68M, down 90% from April

Losses from cryptocurrency hacks and exploits totaled approximately $68.3 million in May, Web3 security firm CertiK reported. The figure represents a roughly 90% decrease from the $650 million lost in April. Phishing attacks accounted for approximately $2.6 million of the total, while around $9.4 million was recovered or returned.