$302 Million Lost to Crypto Scams, Hacks, and Exploits in May: CertiK

Cryptocurrency investors lost more than $300 million to scams, hacks and exploits in May, according to blockchain security firm CertiK.The majority of those losses were related to code vulnerability exploits, which accounted for $229 million -- a 4,483% rise on April.Phishing, which involves an attacker stealing a user's trading account or wallet credentials, accounted for $47 million of losses while private key compromise and price manipulation were behind $11.6 million and $1 million of losses respectively source: https://www.coindesk.com/business/2025/06/02/usd302-million-lost-to-crypto-scams-hacks-and-exploits-in-may-certik