Crypto exploit losses fell 90% in May to $68M

Key facts

• Total crypto exploit losses in May were $68.3 million.
• This represents a 90% decrease from April's losses of $650 million.
• May was the third month in 2026 with crypto losses under $100 million.
• Code vulnerabilities accounted for approximately 66% of all losses.
• Cross-chain bridges accounted for 42% of total monthly losses.
• Approximately $9.4 million of stolen crypto was recovered or returned in May.

While the cryptocurrency market has seen significant growth, it has also been plagued by numerous security breaches and exploits. These incidents can lead to substantial financial losses for investors and users, impacting confidence in the ecosystem. Tracking these losses helps to understand the evolving security landscape and the effectiveness of preventative measures.