Peckkshield says that the main cryptographic hacks fell by 40%

According to Blockchain Security, the total amount stolen from cryptographic hacks fell drastically compared to April, with the largest incident about 90% of the total number of a month.

The pads occurred because the cryptographic industry increased its efforts to overtake hackers. “In May 2025, ~ 20 main cryptographic hacks were registered, which caused a total loss of USD 244.1 million – a decrease of 39.29% from April”, a company dealing with blockchain peckkshield protection he said In the post of May 31.

Most of the funds from the largest hack in the month were frozen

The most essential hack of the month took place on a decentralized CETUS exchange on May 22, with 223 million dollars of user loss within 24 hours.

According to Blockchain Security Dedaub, hackers used the defect in checking the most essential bits (MSB), enabling them to manipulate the values of liquidity parameters according to rows of size and establish relatively huge positions using the keys.

In February 2025, this year it recorded the largest cryptocurrency losses, with a total value of $ 1.51 billion. Source: Peckkshield

Peckkshield announced that Cutus and Sui Network frozen stolen funds in the amount of $ 157 million, about 71% of the total stolen amount. Peckkshield identified the second largest exploit of the month as an attack of $ 12 million on the Cork Platform Cork protocol.

According to the Cyvers cyber security company, the attacking Cork protocol used Exploit to steal about 3761 wrapped in ether (Wymeth), which was transformed into ether (ETH).

The last three of the five largest hacks this month were a suspicious hack associated with KRLS for $ 5.2 million, Exploit MBU tokena for $ 2.2 million, and Maplestory Universe Exploit for $ 1.2 million.

The cryptographic industry enters the fight with hackers

It comes when the cryptographic industry has increased its efforts to protect against bad actors.

On May 31, Cointelegraph announced that the Crypto Exchange Bitmex security team discovered gaps in the operational safety of the Lazarus group, sponsored by the government of the cybercrime network in North Korea, in accordance with the counteracting probe in an organization that revealed IP addresses, database and tracking algorithms used by a malignant species.

Related: Insurance companies are racing to cover cryptographic threats and ransom

In the first quarter of 2025, hackers stole over $ 1.63 billion cryptocurrency. Peckkshield indicated that Exploit Bybit accounted for over 92% of total losses.

The company also informed that over $ 87 million in the cryptocuria was lost with hacks in January, while in February a dramatic raise to $ 1.53 billion, mainly due to Bybit attack. This incident was one of the largest cryptocurrency theft so far.

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