Cryptocurrency Industry Faces $244 Million Loss from May Hacks
The cumulative losses for crypto projects from 20 recorded hacks in May amounted to $244.1 million. This figure is nearly 40% lower than the previous month, noted PeckShield. Data: X. The largest incident was an attack on the pools of the decentralized exchange Cetus on the Sui network, with a potential loss of $223 million. […]