CertiK revealed that in May the value of losses in the world of cryptocurrencies amounted to $42.6 million, and fortunately $96.2 million was recovered.
Popular blockchain security auditing firm CertiK reveals May statistics. The value of the damage in the world of cryptocurrencies is 42.6 million US dollars. This is slightly higher than April's loss of about $41.6 million.
Whether from exploit attacks, flash loan attacks, or exit scams, the Gala Games project suffered the most with $21.6 million, followed by Sonne Finance with $20 million.
The report states that the most expensive flash loan attacks amounted to $20.7 million, with Sonne Finance being the most expensive at $20 million, followed by TLN Protocol at $746,000, and GPU and Saturn Token at $32,394 and $8,343, respectively.
The exploit lost $19.7 million, with Gala Games suffering the largest loss at $21.6 million, followed by AlexLab with $4.3 million, Pump Fun with $1.9 million, GNUS.ai with $1.28 million, and Orion with $947,000.
Exit Scam, although rarely seen, still caused losses estimated at $1.8 million, with Trees On Sol incurring $1.11 million, Pii Park $490,000, and Novamind $123,019. and Arbalest $91,520.
If counting from the beginning of the year to date, it is “Immunefi”, a security service provider. It states that over $473 million worth of cryptocurrencies were lost in 108 rug hacks.
The DeFi market remains a prime target for hackers, and CeFi has not seen any attacks this year. This differs from last year when damage from hacks and exploits exceeded $2 billion. This is half the damage compared to the previous year.
source: cryptopotato Twitter
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