CertiK Says Crypto Attack Losses Fell to $68.3 Million in May
According to CertiK, crypto losses from hacks, exploits, and scams dropped to about $68.3 million in May 2026, down nearly 90% from April after outsized losses tied to Drift Protocol and KelpDAO.
Fact Check
The $68.3M May figure is directly confirmed by CertiK's own X post (@CertiKAlert) and corroborated by Cointelegraph, crypto.news, and PANews. The dollar amount and the 'below $100M' / 'third such month' framing are accurate. The only discrepancy in the input is the year: CertiK's post explicitly says 'third month of 2026', not 2025. So the core claim (CertiK says May crypto attack losses fell to $68.3M, third month under $100M) is true, with the year being 2026.
Summary
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.
Terms & Concepts
- Phishing: A fraud method that tricks users into revealing private keys, passwords, or wallet access details.