CertiK said crypto losses from hacks, exploits, and scams totaled about $68.3 million in May 2026, a sharp decline of nearly 90% from more than $650 million in April. The security firm said April’s total was heavily concentrated, with Drift Protocol and KelpDAO accounting for about 95% of losses that month. In May, phishing caused about $2.6 million in losses. The update reinforces a significant month-over-month slowdown in reported crypto attack damage after April’s unusually large incidents.